Up 500% in 1 Week: Evaluating Dentacoin (DCN)

steemstorm (25)in #bitcoin • 7 years ago

A brief description of Dentacoin (DCN), https://www.dentacoin.com. Labeled as "The blockchain solution for the global dental industry", Dentacoin moves to offer an alternative to the classic dentistry experience. Their mission is to provide more affordable dentistry through the market forces of "crowd power". This Netherlands based currency is currently priced at 4E-8 BTC with over 325 billion coins in circulation. The company has partnered with several reputable dental care companies including Swiss Dentaprime and Dentech. In the next year, Dentacoin plans to release a review app, launch an insurance initiative, and integrate their payment system in to healthcare databases all using blockchain technology. Dentacoin will have a second round of tokensale October 2018, but if you can't wait, then I'd recommend using https://mercatox.com for any trading of DCN.

(photo from https://www.worldcoinindex.com)
I've been watching Dentacoin (DCN) since it's presale, and not by choice. For the past couple of years, I have had a marketing interenship at a large dental corporation. I would update our Facebook page with breaking news in the world of Dentistry. While scouring the web for scholarly articles and journal publications, it was inevitable that I would eventually run in to Dentacoin. Upon reading it's whitepaper, I immediately brushed it off. Wistful thinking, I thought, for a commoditized service such as dental care is a closed market, heavily relying on private insurance and cash paying customers to make even a slight profit- no room for a more affordable payment method. Introducing an alternative, less expensive way for consumers to pay for their dental work was something I couldn't see happening in a million years.

I couldn't picture myself walking in to my dentist office and using Dentacoins, but there was something I was not considering. I am in the United States. Healthcare here is the most expensive in the world.* What I failed to understand is that other countries have healthcare too, and because the Dentacoin model wasn't created in the US, it can be assumed that the US is not (at the moment) their target market.

Dentacoin has used it's currency to purchase a healthcare company that will accept their currency.** With this, a dental practice in Taiwan now accepts Dentacoin.***

Dentacoin is making large strides in the global dental market and has proved it's legitimacy in aligning itself with reputable companies. We have the chance to get in on DCN before it's true worth is realized.

Get in or get out- Now is the time.