- Last Price0
- Market Cap73.7M
- All-Time Low0
- Circulating Supply99.99B
- Turnover (24h)4.2M
- All-Time High0.11
- Total Supply99.99B
- Fully Diluted Market Cap73.7M
Learned by 159 usersPublished on 2024.04.01Last updated on 2024.12.03
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+0.04%Note: The project description is sourced from official materials provided by the project team. However, it is important to note that these materials may be outdated, contain errors, or omit certain details. The provided content is for reference purposes only and should not be considered investment advice. HTX does not assume any liability for any direct or indirect losses incurred as a result of relying on this information.
How to Buy Dent (DENT)Learn now
In the rapidly evolving world of cryptocurrency, Dent ($DENT) stands out with its innovative approach towards mobile data usage and payment methodologies. Envisioned as a solution to the conventional mobile data industry, Dent operates on the Ethereum blockchain, leveraging decentralized principles to enable users to buy, sell, and donate mobile data through a user-friendly platform. This article delves into the intricacies of Dent, outlining its objectives, functionalities, key stakeholders, and its impact on the web3 landscape.
Dent ($DENT) is a peer-to-peer marketplace aimed at revolutionising the mobile data economy. It allows users to trade mobile data services with ease, using Ethereum-based smart contracts to ensure secure and automated transactions. The platform’s primary aim is to disrupt traditional telco models by offering a decentralised, accessible, and cost-effective alternative for mobile data management.
By creating this marketplace, Dent aspires to give consumers the ability to purchase data packages from locations around the globe while simultaneously enabling users with excess mobile data to sell their unused data packages. This not only empowers consumers but also fosters a collaborative data-sharing economy, addressing disparities in mobile data access.
Dent was founded by Tero Katajainen, an entrepreneur with a robust background in technology and telecommunications. Katajainen serves as the CEO of DENT Wireless and has been instrumental in shaping the vision and functionality of the Dent platform. With multiple accolades in the tech industry, his leadership is a cornerstone of the project’s development, steering it from concept to reality while focusing on innovation and user-driven solutions.
While specific details regarding the initial investors or backing organisations for Dent ($DENT) remain undisclosed, the project has garnered significant interest and engagement within the cryptocurrency community. This enthusiasm indicates the project's potential, supported by the larger ecosystem of blockchain advocates who believe in decentralisation and peer-to-peer services. As such, Dent has firmly established itself among projects driving advancements in web3 solutions without reliance on traditional financial endorsements.
Dent's operation hinges on three core components:
Decentralised Marketplace: Users can interact directly with each other in a peer-to-peer infrastructure, eliminating the need for intermediaries. This builds a trustless system, where transactions are secured by smart contracts.
Smart Contracts: Dent employs Ethereum smart contracts to govern transactions, ensuring that agreements between parties are fulfilled without manipulation. This feature enhances security and transparency, crucial for user trust.
Mobile Application: The Dent application allows users to buy, sell, and manage their data packages seamlessly. The user interface is designed to facilitate easy navigation and foster a sense of community among users, enhancing the overall user experience.
By combining these innovative technologies, Dent is able to create a marketplace that is responsive to the dynamics of global data demand. Given the extensive reach of mobile data services, this project opens pathways for an inclusive digital economy.
Outlined below is a timeline illustrating key milestones in the history of Dent:
2017: Dent ($DENT) is launched by Tero Katajainen; the foundational vision laid for a decentralised mobile data marketplace.
2017: The project publishes its whitepaper, detailing its objectives and technological frameworks.
2018: Dent begins trading on various cryptocurrency exchanges, marking its entry into the broader cryptocurrency market.
2020: Continued development prioritising usability and outreach initiatives aimed at increasing user adoption and expanding its ecosystem.
Through these pivotal moments, Dent has steadily built a robust framework, moving towards fulfilling its potential as a distinguished player in the blockchain space.
Dent's unique proposition is characterised by several distinctive features:
Decentralised Market: Users have ultimate control over their data purchases and sales, aligning interests through direct interactions.
Cost-Effective Solutions: By removing intermediaries and reducing overhead costs, Dent provides competitive pricing for mobile data services.
Global Accessibility: Designed to facilitate cross-border transactions, users can acquire mobile data regardless of geographical constraints.
Innovative Technology: The utilisation of Ethereum’s blockchain infrastructure not only enhances security but also simplifies the transactional process.
These attributes make Dent ($DENT) a significant advancement in the integration of blockchain technology within everyday utility, exemplifying the transformative nature of crypto solutions.
It is vital to note that Dent ($DENT) operates completely independently of any unrelated projects that might share similar names or objectives. Organisations and initiatives looking at standardising networks and protocols are distinct from the Dent model, which is focused solely on mobile data commerce.
Furthermore, it is essential to approach investment and participation in any cryptocurrency venture with caution, recognising the rapidly evolving nature of the market. As developments continue to unfold, prospective users and investors should remain informed participants in the growing landscape of web3 initiatives.
Dent ($DENT) represents a pioneering agent in reshaping mobile data services via decentralised technologies. With a clear vision, strong leadership, and innovative frameworks, it sets a precedent for how digital transactions can be conducted in our daily lives. As it continues to expand globally, Dent’s marketplace not only empowers individual users but also envisions a collaborative approach to data access in an increasingly interconnected world.
In a future where technological advancements blur the lines between traditional telecommunications and decentralised solutions, Dent is certainly a project to watch closely, heralding a new era in how we utilize mobile data services.
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