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Topic: ANN [DENT] Dent: Tokenizing and Liberating the World's Mobile Data - page 101. (Read 98977 times)

member
Activity: 378
Merit: 10
One small question...Dent app releasing in few days...does anyone know the price of 1 GB data...or it will be a secret because Dent team doesn’t want to speculate??
hero member
Activity: 854
Merit: 500
The biggest revenue generation will be through their promotional videos - where targeted mobile app users could be easily sent a promotional Ad as video and get them rewarded as Data plan
sr. member
Activity: 574
Merit: 251

Did Dent just made a partnership with AT&T in the USA? Here is their latest tweet two days ago https://twitter.com/dentcoin/status/933974399975350272. Or is it possible in other countries to transfer data/usable internet load even if the networks are different?
The partnership/s were announce for months already and AT&T is one of the first of those partnerships
hero member
Activity: 868
Merit: 506

Did Dent just made a partnership with AT&T in the USA? Here is their latest tweet two days ago https://twitter.com/dentcoin/status/933974399975350272. Or is it possible in other countries to transfer data/usable internet load even if the networks are different?
member
Activity: 75
Merit: 10
Here the convo from mikko, parts are missing but it give the idea.

It is good stuffs.

DENT:
2. The DENT EXCHANGE (Where the DENT Tokens for Mobile App and the operator Data Packahges reside)

To make the data handling and high transaction volume of payments, operator activations and that fast and efficient, we decided to run a parachain, which is connected to ETHEREUM main chain

This makes transactions faster and we dont have to pay high Gas fees for a micropayment, for example a 1 dollar purchase of data

Use case 1: An Existing DENT owner wants to top up the DENT app from his Crypto Wallet:

When you are registered in the app, we create you a "wallet" in the DENT Exchange

If you want to buy data, lets keep this example simple: lets say, in the USA you would want to buy a 1 GB package, and the price would be 10.000 DENT

So in the app, you have 2 options to top up your account:

1. Use Paypal to buy DENT using FIAT
2. Transfer existing DENTs and deposit them to your DENT Exchange wallet

1. is the obvious choice of the millions of mobile users that have never heard of Crypto currencies or wallets or such, they just buy "Credits", without knowing that there is Crypto in the background

So: in case 1: The User buys the DENT Tokens from DENT Wireless, our company, where we have roughly 89 Billion tokens stored in our wallets. 30 Billion + 60 Billion that are locked up in vaults and released to our company quartely

So released means: Not to the free market as some of you are worrying

Now, so Jose, the customer in Mexico uses his paypal to pay 10 Dollars for the 10.000 DENT tokens (or credits).

With that he can send data to anyone in the carrier network of ours, starting with AT&T, Verizon in the US, and America Movil and Telcel in Mexico

At the moment, when he purchases the data package, the 10.000 DENT get back to DENT Company account, and data is being credited to the users phone number that was the target

2. Okay, so you guys have DENTs that you have today, so you can open the app, it will show a QR Code and the DENT wallet address that the app created for you, and you can just move DENT tokens to the DENT exchange. You will be able to send data to others or top up your own, if you are on a supported carrier.

So you can use the DENTs from day one when the app is released

If we look at trhe situation from the side of the crypto currency owners (the 10B+) Tokens, the tokens that will be sent to DENT Exchange will be away from that inventory, as they have been moved away

There is no way for the mobile user to buy DENT in the mobile app and then sell them to HitBTC, so the Crypto DENTs will be less and less. DENT Company can of course move them back to the crypto market if it has a reason to.

About the release of the VAult tokens:

The 60B vault tokens will be released from the vaults to DENT company, and will be used for many purposes, salaries, bonuses, market liquidity, seeding the carrier market etc. It is not planned to "dump" them anywhere, as they are a real asset for the business

User Acquisition:

- It is planned that the users will receive a certain amount of DENT tokens automatically to their wallet at DENT Exchange, so they can immediately purchased data packages.

These DENTs will come from DENT company, and if we have, lets say - a million users that get 1000 DENT, yes thats a billion tokens, but remember, from the user's sight, they are just credits, not cryptocurrencies, and they can ONLY buy data with them, not move them to Crypto exchanges.

And after they buy the data, they come back to DENT Parachain circulation

Also look Into this :

https://youtu.be/WwLuoy5hVPU

A user analysis of the dent token.



The value of DENT within the DENT app will be based on the current market price from the exchanges am i right? So if that is the case, then i guess buying DENT within the app will be slightly more expensive compared to the current value in the exchanges

Not really, they created a subnetwork for the payment that is based on eth but it does not affect the crypto sold during ico.

Pretty much this is what I understood : the dent token are treated like stocks, depending on how the app goes the price will go up. But those token hodled by users will be also usable in the app and in case of extreme need once they have been transferred they can be put back in the crypto market. In the app the tokens used will not have a value outside of the app. If you buy 10.000 tokens in the app you cannot sell them back on an exchange.

This is my understanding.
sr. member
Activity: 574
Merit: 251
Here the convo from mikko, parts are missing but it give the idea.

It is good stuffs.

DENT:
2. The DENT EXCHANGE (Where the DENT Tokens for Mobile App and the operator Data Packahges reside)

To make the data handling and high transaction volume of payments, operator activations and that fast and efficient, we decided to run a parachain, which is connected to ETHEREUM main chain

This makes transactions faster and we dont have to pay high Gas fees for a micropayment, for example a 1 dollar purchase of data

Use case 1: An Existing DENT owner wants to top up the DENT app from his Crypto Wallet:

When you are registered in the app, we create you a "wallet" in the DENT Exchange

If you want to buy data, lets keep this example simple: lets say, in the USA you would want to buy a 1 GB package, and the price would be 10.000 DENT

So in the app, you have 2 options to top up your account:

1. Use Paypal to buy DENT using FIAT
2. Transfer existing DENTs and deposit them to your DENT Exchange wallet

1. is the obvious choice of the millions of mobile users that have never heard of Crypto currencies or wallets or such, they just buy "Credits", without knowing that there is Crypto in the background

So: in case 1: The User buys the DENT Tokens from DENT Wireless, our company, where we have roughly 89 Billion tokens stored in our wallets. 30 Billion + 60 Billion that are locked up in vaults and released to our company quartely

So released means: Not to the free market as some of you are worrying

Now, so Jose, the customer in Mexico uses his paypal to pay 10 Dollars for the 10.000 DENT tokens (or credits).

With that he can send data to anyone in the carrier network of ours, starting with AT&T, Verizon in the US, and America Movil and Telcel in Mexico

At the moment, when he purchases the data package, the 10.000 DENT get back to DENT Company account, and data is being credited to the users phone number that was the target

2. Okay, so you guys have DENTs that you have today, so you can open the app, it will show a QR Code and the DENT wallet address that the app created for you, and you can just move DENT tokens to the DENT exchange. You will be able to send data to others or top up your own, if you are on a supported carrier.

So you can use the DENTs from day one when the app is released

If we look at trhe situation from the side of the crypto currency owners (the 10B+) Tokens, the tokens that will be sent to DENT Exchange will be away from that inventory, as they have been moved away

There is no way for the mobile user to buy DENT in the mobile app and then sell them to HitBTC, so the Crypto DENTs will be less and less. DENT Company can of course move them back to the crypto market if it has a reason to.

About the release of the VAult tokens:

The 60B vault tokens will be released from the vaults to DENT company, and will be used for many purposes, salaries, bonuses, market liquidity, seeding the carrier market etc. It is not planned to "dump" them anywhere, as they are a real asset for the business

User Acquisition:

- It is planned that the users will receive a certain amount of DENT tokens automatically to their wallet at DENT Exchange, so they can immediately purchased data packages.

These DENTs will come from DENT company, and if we have, lets say - a million users that get 1000 DENT, yes thats a billion tokens, but remember, from the user's sight, they are just credits, not cryptocurrencies, and they can ONLY buy data with them, not move them to Crypto exchanges.

And after they buy the data, they come back to DENT Parachain circulation

Also look Into this :

https://youtu.be/WwLuoy5hVPU

A user analysis of the dent token.



The value of DENT within the DENT app will be based on the current market price from the exchanges am i right? So if that is the case, then i guess buying DENT within the app will be slightly more expensive compared to the current value in the exchanges
member
Activity: 75
Merit: 10
Here the convo from mikko, parts are missing but it give the idea.

It is good stuffs.

DENT:
2. The DENT EXCHANGE (Where the DENT Tokens for Mobile App and the operator Data Packahges reside)

To make the data handling and high transaction volume of payments, operator activations and that fast and efficient, we decided to run a parachain, which is connected to ETHEREUM main chain

This makes transactions faster and we dont have to pay high Gas fees for a micropayment, for example a 1 dollar purchase of data

Use case 1: An Existing DENT owner wants to top up the DENT app from his Crypto Wallet:

When you are registered in the app, we create you a "wallet" in the DENT Exchange

If you want to buy data, lets keep this example simple: lets say, in the USA you would want to buy a 1 GB package, and the price would be 10.000 DENT

So in the app, you have 2 options to top up your account:

1. Use Paypal to buy DENT using FIAT
2. Transfer existing DENTs and deposit them to your DENT Exchange wallet

1. is the obvious choice of the millions of mobile users that have never heard of Crypto currencies or wallets or such, they just buy "Credits", without knowing that there is Crypto in the background

So: in case 1: The User buys the DENT Tokens from DENT Wireless, our company, where we have roughly 89 Billion tokens stored in our wallets. 30 Billion + 60 Billion that are locked up in vaults and released to our company quartely

So released means: Not to the free market as some of you are worrying

Now, so Jose, the customer in Mexico uses his paypal to pay 10 Dollars for the 10.000 DENT tokens (or credits).

With that he can send data to anyone in the carrier network of ours, starting with AT&T, Verizon in the US, and America Movil and Telcel in Mexico

At the moment, when he purchases the data package, the 10.000 DENT get back to DENT Company account, and data is being credited to the users phone number that was the target

2. Okay, so you guys have DENTs that you have today, so you can open the app, it will show a QR Code and the DENT wallet address that the app created for you, and you can just move DENT tokens to the DENT exchange. You will be able to send data to others or top up your own, if you are on a supported carrier.

So you can use the DENTs from day one when the app is released

If we look at trhe situation from the side of the crypto currency owners (the 10B+) Tokens, the tokens that will be sent to DENT Exchange will be away from that inventory, as they have been moved away

There is no way for the mobile user to buy DENT in the mobile app and then sell them to HitBTC, so the Crypto DENTs will be less and less. DENT Company can of course move them back to the crypto market if it has a reason to.

About the release of the VAult tokens:

The 60B vault tokens will be released from the vaults to DENT company, and will be used for many purposes, salaries, bonuses, market liquidity, seeding the carrier market etc. It is not planned to "dump" them anywhere, as they are a real asset for the business

User Acquisition:

- It is planned that the users will receive a certain amount of DENT tokens automatically to their wallet at DENT Exchange, so they can immediately purchased data packages.

These DENTs will come from DENT company, and if we have, lets say - a million users that get 1000 DENT, yes thats a billion tokens, but remember, from the user's sight, they are just credits, not cryptocurrencies, and they can ONLY buy data with them, not move them to Crypto exchanges.

And after they buy the data, they come back to DENT Parachain circulation

Also look Into this :

https://youtu.be/WwLuoy5hVPU

A user analysis of the dent token.

member
Activity: 75
Merit: 10
Hi there.. i would like to know if DENT is already availble on other exchange Than on the etherdelta? Is the team will have plans to list it to other exchange? Like hitbtc?

For now only radar and etherdelta no others have dent as per right now.

sr. member
Activity: 409
Merit: 250
Hi there.. i would like to know if DENT is already availble on other exchange Than on the etherdelta? Is the team will have plans to list it to other exchange? Like hitbtc?
sr. member
Activity: 574
Merit: 251

If I am a user I buy 1000 dent each month for my use from dent app...I don’t go to exchange...so what will drive the exchange price?

Do you think 60B supply within the app is not enough and users will come to exchange to buy Dent tokens?
will the app have a function where people can buy DENT directly using their fiat or bitcoin(other crypto)?

Dent is a erc20 token so I doubt it will work directly with Bitcoin but you never know.
As per Fiat, yes it will work with PayPal. You can buy data thru dent app using a credit card and in the background is going to use dent coin ( without forcing you to buy them before hand ).

Mikko ( one of the founder ) gave a detailed explanation of how transactions will work on telegram ( Dev and team are really active in telegram )
thanks for the info. I've been wanting to join the telegram groups of the coins that i'm following but I can't because super groups are not available in my region
member
Activity: 75
Merit: 10

If I am a user I buy 1000 dent each month for my use from dent app...I don’t go to exchange...so what will drive the exchange price?

Do you think 60B supply within the app is not enough and users will come to exchange to buy Dent tokens?
will the app have a function where people can buy DENT directly using their fiat or bitcoin(other crypto)?

Dent is a erc20 token so I doubt it will work directly with Bitcoin but you never know.
As per Fiat, yes it will work with PayPal. You can buy data thru dent app using a credit card and in the background is going to use dent coin ( without forcing you to buy them before hand ).

Mikko ( one of the founder ) gave a detailed explanation of how transactions will work on telegram ( Dev and team are really active in telegram )
sr. member
Activity: 574
Merit: 251

If I am a user I buy 1000 dent each month for my use from dent app...I don’t go to exchange...so what will drive the exchange price?

Do you think 60B supply within the app is not enough and users will come to exchange to buy Dent tokens?
will the app have a function where people can buy DENT directly using their fiat or bitcoin(other crypto)?
sr. member
Activity: 616
Merit: 251
I understand the feeling but December will clarify what is going on. If they come out with a good application and start to really pound with PR the value may go back up.

You all saw the twitter account and the LinkedIn info, they are still hiring people. How could they do that if they had only the ETH gathered during ICO ?They are either pouring money in the company or they have other investors.
I have not heard anything on the December update, not on any medium. I know we are to expect an important progress on the project by December as promised. whats the explanation of the need for new investors?

I started looking into the telegram channel, mikko is actually active in there, you may want to look into it and possibly ask him the question personally, although i have not seen a clear answer to the questions about the app other than the fact that it seems to be on track.

I have to admit though, the idea of working on iOs only seems wrong to me, android phones are used more in poor countries and the app would benefit from the Android users pool.

As long as things are on track and mikko isn't lying about we are good to go. Give him the chance to prove himself and once he completely fails, well, let this thing go to the crypto graveyard. For now I am a firm believer in the success of DENT.
If others can not put their faith in DENT, they can decide to sell their coin for anyone wants to buy more DENT as me.
I saw the orderbook of DENT in EtherDelta has not much people want to sell at low price. Roll Eyes

Nothing to add and I agree with you. Dent is a solid project and if some people can't realize that then they are free to sell. I am waiting for some cheap coins  Cool
hero member
Activity: 700
Merit: 500

If I am a user I buy 1000 dent each month for my use from dent app...I don’t go to exchange...so what will drive the exchange price?

Do you think 60B supply within the app is not enough and users will come to exchange to buy Dent tokens?

Nothing. Why spend time here in this dent thread?

I can actually supply you dent every month, you have nothing  to worry I will sponsor you. You  may or you may not spend your dent every month.  No need to thank me. Rest your case.
newbie
Activity: 56
Merit: 0
Woow to many supply
hero member
Activity: 854
Merit: 500

If I am a user I buy 1000 dent each month for my use from dent app...I don’t go to exchange...so what will drive the exchange price?

Do you think 60B supply within the app is not enough and users will come to exchange to buy Dent tokens?
full member
Activity: 280
Merit: 100
from june until november price of dent not increase what happend with this token?
why only little people interested to buy dent, i has bought it @25 satoshi but already hold for long time i am not get profit but lose Sad

legendary
Activity: 1652
Merit: 1007
You all saw the twitter account and the LinkedIn info, they are still hiring people. How could they do that if they had only the ETH gathered during ICO ?They are either pouring money in the company or they have other investors.

Hmmm.... Long hodl it is then. Thanks for the info. This is one of those tokens you forget for awhile and then be pleasantly be surprised on the large gains you got.
sr. member
Activity: 910
Merit: 257
The first ever DENT-originated data transaction have been sent to a live user already! good job Smiley
I guess this is the reason why there is a slight change in DENT price? This is really a good update proving that the team is not sleeping, opposite to what other people believe.
sr. member
Activity: 574
Merit: 251
The first ever DENT-originated data transaction have been sent to a live user already! good job Smiley
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