Dent is a blockchain project built on the Ethereum blockchain. The platform is designed as a decentralised network and offers services such as mobile data sales to phone users. The project aims to liberate the industry by competing with traditional companies that sell mobile data. In this article by Zatrun.com, we will talk in detail about the project and answer the question “What is Dent?”.
What is Dent and How Does It Work?
Dent is a blockchain project that operates on the Ethereum blockchain. Platform has an ERC-20 token that serves as the platform’s native cryptocurrency and has the same name. The project aims to liberate the mobile data industry as a decentralised network. The project offers a platform that provides smartphone users and other participants the opportunity to buy and sell mobile data. Mobile data vendors earn rewards through donations and DENT token.
DENT serves as a global exchange for mobile data. Project competes with traditional mobile data platforms, companies, and aims to outperform these platforms, thus creating a revolution in the mobile data industry. Mobile data packages are offered in the form of smart contracts, and project’s mobile application is available for iOS and Android devices. The applications have over 7 million users worldwide and this number is increasing day by day.
The platform serves as a mobile data market. Users can sell mobile data on their phones to other users here. In addition, sellers can earn cryptocurrency through likes even if they do not make a sale. In this sense, the market is like a social media platform. Likes and comments received by sellers are crucial. The asset, which has a trading pair on major exchanges, performs cross-border cryptocurrency transfers very quickly.
Is It a Good Investment?
DENT token, which is listed as an ERC-20 token on the market, is the platform’s native cryptocurrency. Users can use this token for mobile data packages. However, it is also possible for users to convert their tokens to fiat currency through cryptocurrency exchanges to pay other users. Token has a maximum supply of 100 billion and all the supply is currently in circulation.
DENT coin, which aims to make the telecommunications sector more democratic, holds an important position in the market. The project is currently ranked as the 265th largest cryptocurrency with a market value of over $104 million. However, the asset is listed by many major exchanges such as Binance. Therefore, investors can evaluate this project by doing their own research.