I like this project but, the ICO makes no fucking sense. What are they aiming for next? 1,000,000,000,000 total vol?
a very large amount, why do we need such amount of tokens? it is very difficult to spin the price up
hey Sam thanks for reaching out. Dentacoin has the potential to become one of the global currencies, therefore it is essential to have enough tokens to match this. On the other hand, over 96% of all tokens are locked in time lock contracts, and have a strict distribution mechanism until the year 2042, which allows only a small percentage to be released each year. In case the unlocked amounts are not utilized within the given year through the planned activities, they will be locked for after the year 2042. This is an intelligent distribution mechanism, which is similar to the growth of GDP for countries. In a perfect world, national currency would be distributed in a similar way - matching the increasing demand (and awareness). We have also described an interesting perspective, which shows that the actual circulating supply of Bitcoin units (a.k.a. Satoshi) are over 200 times more than the ENTIRE Dentacoin supply Here you can read the article:
https://www.dentacoin.com/blog/total-supply-bitcoin-200-times-token-supply-dentacoin/ . Very few people understand that Dentacoin has no decimals, therefore 8 trillion is the maximum amount there ever will be. For people understanding the concept and the idea of a global currency, this supply may even not be enough. Nevertheless, there are many true supporters of our mission - both from blockchain community and dental industry, which understood the power of Dentacoin to really bring positive changes. We are currently having an ICO with very low initial price, which allows everyone to join and buy at the lowest price (3 Satoshi per Dentacoin). In case you want to join our ICO you can visit our official website
https://www.dentacoin.com/ico/ or buy from one of the 5 exchanges which support the ICO, or directly through wallets, such as MyEtherWallet, Coinomi and imToken. Please reach out with any additional queries you may have.