DENT Coin #ICO
DENT Wireless Limited has announced its intent to disrupt the world’s telco market by creating the first Mobile Data Exchange. DENT plans to liberate mobile data by enabling anyone to buy, sell and donate data through the Ethereum blockchain using a new universal currency for data markets, the DENT Token.
Mobile data is becoming one of the most important commodities for the people. At DENT we want to enable anyone with unused mobile data to trade it through a secure decentralized exchange in return for cryptocurrency tokens. The over-the-top DENT Exchange will enable users to connect to one another in peer to peer fashion across a blockchain-based trading platform to buy, sell and even donate their unused mobile data allowances.
Website: https://www.dentcoin.com/
Whitepaper: https://www.dentcoin.com/whitepaper
ANN Thread: https://bitcointalk.org/index.php?topic=1974825.0
They estimate...
Exchange Rate: 1ETH = 400,000 DENT
... and 1,000 DENT should be 1GB of DATA, so with the current value of the ETH, around 300$, it does 0.75$ for 1GB.
Am I wrong ?
The main issue is...
It is a big investment, around 6000$ minimum!
Source : https://www.dentcoin.com/presale/
This could be a kind of wholesale MVNO concept. Somehow they would need to negotiate agreements with incumbent operators. Could work as a low cost roaming solution brand but hard to imagine operators would allow 'unbundling' of their data packages.
It's pretty interesting idea. Now, what if I have unlimited data package for sale. :D
Not only that, why would a cell phone provider allow this? Do they have any cell phone providers that have agreed? It sounds great but half-baked (like so many of these ICOs) to me. I worry what will happen to the crypto market when these ideas, without the slightest bit of proof of concept, don't pan out.
that's why as an investor participating in ICO, you are taking super high amount of risk. If any of the projects pan out, you get to benefit due to first mover advantage. Now, the problem with all these new projects are that the current telecom companies don't even know that they exist yet. Big companies and big organization are often slow to react to new changes.
The key is to risk money you are willing to lose. Steem on!
si, el proyecto es interesante pero a la fecha que cambios ha presentado? y cuales se esperan en el futuro?
Here's a step by step guide to setting up a wallet and buying Dent: https://getcrypto.info/dent/