This is the shittiest token of all I despise the day that I invested my hard earned eth in this shitcoin.
Mikko said that they cover the expenses from the premium the people pay by buying dents from the app and the business is already on profit so I ask where does the cash goes from all the massive amounts of dents they dump on binance every day? In my estimation in the last 1 year they must have collected at least $100,000,000 in cash, where do these money go I assume in the devs pockets. There is no other explanation.
Regarding this bullshit saying that they must distribute all of the tokens for the ecosystem to work, they certainly don't need all the 100 billion dents in circulation, they could easily burn at least half of them, BTC works with only 21 million in circulation and look how many people are using it. It could work with 100 billion or 100 million, it doesn't make any difference. To mint 100 billion tokens and keep 90% of them for yourself speaks of greed, especially when you make the app users buy it from you only and at the same time you dump heavily on binance screwing us all investors. Devs want the users to buy tokens from them only, if they wanted they could have easily integrated an binance api so that people buy from an exchange. There is zero crypto community interest in this token there is only one person here defending them who actuaally works for them on payroll hiding behind different nicknames - agro465, studio1one, Mdfost87, this is actually this nazi InfiniteTeach who bans people on their official telegram for asking uncomfortable but important questions. 7 months ago I said "who dumps now?" because I saw that the devs are dumping from their main account and 5 seconds later I was banned I swear this is exactly what happened I was banned for 3 words I didn't insult anyone, there are a lot of other people being banned the same way. Enough said.
Oh, and this AMA was a total joke, ama means "ASK ME ANYTHING", it doesn't mean "Ask but our admin InfiniteTech will collect only the comfortable questions and submit them only", what kind of AMA is that where the comments are disabled and only this nazi asshole could ask questions??? Enough said. I don't want to get into any more details but this guy has pissed off way too many people including me which is the only reason why I still write in this forum. If that's the level of the rest of the team I am not surprised this whole thing is gone to hell. This business is designed to rob investors and make the company creators filthy rich. This is the truth.
Merited.
I totally agree with each and every word of yours. I've been keeping an eye on every update of DENT for the last 1 year, and I must say, the only thing in which DENT team is super-interested is dumping at Binance. Holders are helpless at this stage - whenever you see DENT breaking out and getting some buying pressure, you immediately see that hundreds of millions of DENT tokens get transferred to a Binance address and it starts to dump with huge sell orders.