I really like the idea and the potential behind it. The team also seems solid. And the partnerships they already have acquired is a good sign.
There is also a lack of competition in the cryptoworld with the same idea, not any of whom I know, at least. Wi Coin was added 11 days ago on CMC, which seems similar project but for wi-fi only, so the scope of the project is not as big. The team also seems much more rookie, compared to Dent team.
I want desperately to invest in this project, but there are few things that are concerning me and stopping me for now:1. Devs don't give a sh*t about the community. No reply for 3 months. No news. No nothing. They don't give a sh*t that price fell under ICO prices now. What would be the point in getting involved in the ICO then? Or any ICO if price is dropping below ICO prices short after that.
2.Tweets like:
https://twitter.com/dentcoin/status/915164624080769024https://twitter.com/dentcoin/status/912315133682167808 ...and some more like this in the twitter account.
What does it mean? That one of the devs is a regular attendee of these conferences? Just a visitor walking around? Or a speaker? I guess it is the former.
So not really any news. Seems more like a desperate move to show some activity on the project.
Although, a lot of guys shout for some communication and reassurence from the devs here and there, they don't bother for a single reply.
3.These are some valid concerns copied from one of the crypto bloggers, I agree with:
-The cost of mobile data on the DENT exchange has to be lower than the same package directly from telcos, otherwise arbitrage opportunities exist. For example, if a telco package for 5 GB is $50 a month, then the price for the same package listed on DENT has to be cheaper, otherwise people can just buy the plans from telcos and sell them on DENT for instant profit. Hence, people can just rely solely on using DENT to buy data plans without using a plan from telco. Telcos are not going to be ok with that.
-Because larger plans are cheaper on a per GB basis, people can just buy the largest plan that’s offered by telcos and then sell it piecemeal on DENT – telcos won’t allow this to happen because no one would buy smaller plans from them anymore.
-Telcos might not want to join the DENT platform because it is going to reduce customer loyalty. Users can use different service providers easily on DENT. These issues and not explained in the whitepaper. I would like to see these matters and their solutions explained in a much more detailed manner.
Summary:If all of this project's problems are lack of marketing and communication, then it is an undervalued project. But a professional team like that should know better they shouldn't abandon the community for 3 months.
If I see any sign of life out of these people, I am gonna probably throw some pennies in the project.
