This week, the Dent crypto asset will be listed on Indodax. Open deposit will start on November 3, 2021 at 14:00 WIB and open trading will start on November 4, 2021 also at 14:00 WIB.
Want to know more? Take it easy, because before buying, it is important for you to find the background of a project so that you can have the most suitable crypto asset. And this time, Indodax Academy will share and you can read this article to know more!
What is DENT?
Launched in 2017, Dent is a revolutionary digital cellular operator that offers eSIM cards, mobile data plans, top-up call minutes and a free roaming experience. According to the company’s website, Dent is using the power of blockchain technology to create a global marketplace for mobile data liberalization.
Dent has an ambitious roadmap going forward, with plans to expand its services to new markets by the end of 2021. The company has attracted more than twenty-five million mobile device users, and Dent’s services are available in more than 140 countries. Corporate partnerships for Dent include Samsung Blockchain, The Enterprise Ethereum Alliance and Telecom Infra.
Who is the Founder?
Tero Katajainen is the founder and CEO of DENT Wireless. He obtained his master’s degree in science from Tampere University of Technology in 1999. After graduating, he became a system administrator and java programmer at the university. In 2001, Katajainen became CTO of Genetics AG, and in 2003 he founded Pocket Indian Software Solutions. Katajainen served as senior Java/Android consultant to the United Nations in 2015. He has many awards and honors in technology.
Mikko Linnamäki is the co-founder of DENT Wireless. Since 2000 he has been active as a businessman and entrepreneur. With five successful businesses prior to founding Dent, Linnamäki introduced himself as a “serial web entrepreneur and Internet software pioneer.” His longest-standing business venture is Smartseed GmbH, which has been operating successfully since late 2000. Since then, Linnamäki has participated in the founding of DEVCOT, one of the largest open-source IMAP servers in the world.
What Makes It Unique?
Dent is a revolutionary player in the mobile communications and data services market. Currently, about half of the world’s population has restricted access to cellular services due to the high prices offered by traditional mobile operators. They also bring the power of blockchain technology to revolutionize this and provide global access to airtime and mobile data.
They dispel the notion that your mobile data is tied to your location by becoming a global digital mobile operator. They offer packages that suit the needs of today’s global citizens by removing roaming fees and introducing international mobile plans. Everything on the Dent platform is purchased through DENT tokens, meaning all transactions are recorded on the blockchain, and there is no opportunity for customers to pay for something and not receive it. Unlike traditional mobile carriers, Dent aims to make mobile data and airtime available globally to anyone interested, regardless of their location.
DENT Crypto Assets
According to the whitepaper, the maximum supply is 100 billion tokens. The total circulating supply to date is 93,690,412,211 tokens which are Ethereum-based ERC-20 tokens. This means that the platform operates thanks to the proof-of-stake (PoS) consensus method. Unlike Bitcoin, which uses a proof-of-work (PoW) consensus mechanism, Dent relies on large stakeholders to be the nodes and validators of transactions.
There are many benefits of the PoS consensus mechanism, but the most notable include increased scalability and reduced power consumption and computing power. Taking this into account, many platforms are looking to leverage the Ethereum blockchain to launch their products. Dent is one of the pioneering projects to launch the ERC-20 token in 2017.
How to Buy at Indodax
For those of you who want to buy Dent crypto assets, you can buy them on Indodax starting November 5, 2021 at 14:00 WIB. Here’s how to buy it:
- For those of you who are not yet a member, you can click the link here
- After that, make a deposit. For those of you who are confused about how to deposit, click on this link
- After your deposit and balance come in, you can return to the market
- Look for DENT in the Rupiah market then click
- After logging in, you just have to buy by filling in the balance and at what price you want to buy DENT. You can also buy it instantly or directly at the current price
- After that, you need to patiently wait for the price to increase for some time
- After the price increases, you can sell it at a higher price with the instant method
- If you sell with the limit method, you can place an order after buying. Make sure you enter a higher number when selling.