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Venezuela, Guatire
1 Level
364 Review
1267.25 Karma

Review on Dent by Gabriel Medina

Revainrating 4 out of 5

Revolutionary cryptocurrency with the aim of competing with telephony companies worldwide

Dent (DENT) is a blockchain-based project that aims to compete with telephony companies worldwide.
Its three main objectives are:
  • Unleash mobile data to help customers buy, sell or donate mobile data with the push of a button.
  • Eliminate data roaming charges.
  • Boost the data sharing economy.
  • Dent will work using the utility token (DENT) to give users quick access to a worldwide network of telecommunications operators. The token is ERC20 built on Ethereum, therefore, it provides built-in smart contract functionality for the execution of a blockchain-based mobile data marketplace.
    Dent has three main components:
  • Mobile data market: Users will be able to use DENT tokens to sell and buy mobile data.
  • Mobile data exchange: Dent created an exchange where many users are already buying, selling and exchanging mobile data packages with tokens.
  • Mobile applications: The Dent mobile applications are the main interface to access the Dent exchange and interact with the offer wall.
  • The application is easy to download and can be set up in just a few minutes. Additionally, DENT is incentivizing users to download the app by giving free DENT to everyone who completes a download.
    The DENT app is available on both Android and iOS.
    In short, Dent seeks to take mobile data and turn it into a commodity by creating a global market that allows anyone to buy and sell mobile data, which is why they have created their own exchange to facilitate that. The project has had certain criticisms but it has continued to advance and grow every day. Its data market includes data from vendors in 60 different countries. I can't be sure that Dent is going to be successful, but it's a project worth watching.

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    Pros
    • It could change the landscape of the mobile data industry.
    • Its application is available for iOS and Android.
    • Mobile data could become a marketable commodity, as could oil, gold and currencies if the project is a resounding success.
    • Developers with a successful track record in the technology industry.
    • It gives us more freedom and control.
    • Unique business model with an advantage in moving first.
    Cons
    • The team is not widely known in the world of cryptocurrencies.
    • There are some bugs that need to be corrected in your technology that is not completely finished yet.
    • The cryptocurrency hasn't built much brand recognition.
    • With government regulations on cryptocurrency, competition from telecommunications, and disregard for mobile data products, there are many threats that Dent cannot control.

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