ANN [DENT] Dent: Tokenizing and Liberating the World's Mobile Data

[ICOmagazine]

Right now it looks like about 10 billion tokens have been sold. Assuming the next 5 days until the end of the ico can sell another 10 billion, that would mean there'd be 50 billion unsold tokens. If I understand correctly, these 50 billion plus the 30 billion already set aside would go to the dev team. Is this the plan or is there any thought to increasing the tokens given to investors or something else?

Should any tokens remain unsold in the Crowdsale, these remain in the company as reserve.
dentcoin.com/faq

Right, and maybe that was written when ICOs were all hot and selling out. The climate has changed quite a bit over the last few weeks. Unless something drastically changes I'd expect the company to own 80-85%.

I'm still on the fence of whether to invest or not and I'm not sure if the company owning that many is good or bad.

Well the contract has been made and running I'm not sure it can be changed
But I hope dent implement the same thing as the pillarproject , they freeze the unsold token in the next few years.

[qiman]

Right now it looks like about 10 billion tokens have been sold. Assuming the next 5 days until the end of the ico can sell another 10 billion, that would mean there'd be 50 billion unsold tokens. If I understand correctly, these 50 billion plus the 30 billion already set aside would go to the dev team. Is this the plan or is there any thought to increasing the tokens given to investors or something else?

Should any tokens remain unsold in the Crowdsale, these remain in the company as reserve.
dentcoin.com/faq

Right, and maybe that was written when ICOs were all hot and selling out. The climate has changed quite a bit over the last few weeks. Unless something drastically changes I'd expect the company to own 80-85%.

I'm still on the fence of whether to invest or not and I'm not sure if the company owning that many is good or bad.

Well the contract has been made and running I'm not sure it can be changed
But I hope dent implement the same thing as the pillarproject , they freeze the unsold token in the next few years.

It would serve no purpose if there was a lot of unsold tokens for the DEV team t dump it all cheap, so I am sure that if there is a lot of token left over after the crowd sale that the Devs will make sure it is kept safe and only unload when necessary.

[electronicash]

are they all going to be burned because normally its suppose to be that way. that would be outrageous to own 80% of the token because they could all cripple the entire community for it. there is nothing to look up but heads down in shame for simply investing with such agreement.

[celot]

Investors should be careful with token market, because they always promote coins that always harming investors, you can check the history of the topic

[andreibi]

A lock on the unsold tokens would be appropriate. This is ETH-based? A smart contract can time lock. No one can enforce freezing tokens unlike a smart contract.

[Darker45]

Locked or burned. These are the best two options for the investors to feel safe and comfortable. I even prefer burning the unsold tokens. Well, at the end of the day, it is the team's choice. They can make use of some of it to add to the bounty. But the team holding a huge slice of the tokens is never good. Investors would speculate. The team could easily manipulate the value.

[coin-investor]

I'm glad that this is a huge success but the signature bounty is not yet updated hopefully everything will be taken care of i will keep supporting this coin even the campaign has ended this has token has a good future .

[Ardhi]

What is the purpose of your project plan? I think this is not a strategic concept, it will be a lot of questions how this project will work, does it require much cooperation with other tecno companies? I thought it would be a bit complicated

[capone1340]

I read your whitepaper, the idea is interesting but how is this supposed to work?

You are trying to offer something that you have no control over, namely unused mobile data traffic.
What leverage do you have over telecom providers?

How are you going to convince them to open their data links to users from abroad just because they have some DENT?
Are you hoping to form a massive userbase which is supposed to pressure their mobile providers to implement DENT?
How are you going to achieve a massive userbase without any funcionallity in the beginning?

What should incentivise telekom providers to use DENT? 33 milion is peanuts for Deutsche Telekom or Verizon. I guess the cost of implementing is higher than that? And if this ever becomes something that market strongly demands why wouldn't telekom providers come up with their own solutions and sideline yours?

It would be interesting to know what the team about this project can tell...

And answering this: "And if this ever becomes something that market strongly demands why wouldn't telekom providers come up with their own solutions and sideline yours?"

Telekom providers won't show any type of these solutions, because their paradigma, way of thinking or the way they see things is not about bringing this type of solutions to mobile users, their goal is to make profits, make money, that's their main focus and goal. In order to achieve something like this, there is the need to think beyond this mentality that most people working in a corporation have these days.

Hi,

Telcos could of course come up with island solutions for their own user base, in fact some telcos have already provided some sort of data pooling or roll-over to the next month, however with DENT we are bridging across operators, and we are providing a platform which scales and removes the need for each and every operator to provide their own. DENT will provide simple integration to the telcos and the telco’s users are ready to go.

Cheers, Mikko

It would be very helpful for potential investors if dev could give us few examples of real life use cases of these "mobile data" that will be connected to a Dent token.

May someone answer my question?

This project (DENT) is really interesting and like everybody else I want it to be successful. However, I don't see how the team is able to implement it. Let assume that the team is able to collect the maximum amount in the ICO and is well supported by the community. Development and marketing goes really well and the community base grows exponentially.They release the app in which users can share data and earn Dent coins. People starts using and things started to get traction.

The operators looses their revenue and soon finds about DENT and the revolution!

And now comes the problem : do you really think the operators would allow this? They could prevent users from sharing data via a third party app like Dent. Even if the users somehow manage to share data, won't there be legal actions from the operators against the users and DENT?

How is the team going to face these issues and counter them? The team really needs to explain and nail these issues if this project has to become a long term success like an Uber of Internet data. Remember that Uber is facing hell lot of issues right now even after disrupting the field in which it deals with.

I would greatly appreciate if the team answers this and add a well featured video about it in youtube, even write a detailed blog about this issue.

This project is never going to work for the reasons noted above. Why would the telcos ever allow their mobile users to share or sell the data that they don't even own, especially when the telcos spent billions on building the infrastructure?? Uber works because people own their vehicles. Mobile users do not own their data.

Still awaiting a good/legitimate explanation to this problem from the DENT representatives. If they can provide a good explanation I have + 200 eth to invest. Thx

I'm waiting for that answer

[hanlieuiypm9832]

A great ICo project, but the ICO time is not so lucky. If it is a month ago, I think it will be sold out quickly. Recently, the ICO market seem to be cold and maybe this is the fact.

[qiwoman2]

I think everyone who is willing to invest should check out the TEAM'S Credentials. It's quite impressive and we are talking about not only serious developers, but also business start up professionals! I wrote a blog review on DENT and will be following up this story because I have always wanted to get mobile internet but always thought of the high cost. Maybe after the advent of DENT, I might be able to afford it!

[jacafbiz]

Raised: 19048.18 ETH   We grow and it pleases.

BY now I thought they would have raised the maximum cap, project like this has a great potential but it seems the market decided to over look it. What I see about ICO now is that most investors only follow the project that can make most noise

[BOAEDAN]

Do not forget to join invest in this peoyek because soon ico sales will soon end
Then immediately join before the late stay a few more days

[RoooooR]

Wow good job on this one, hope this will be a success especially on countries that telco providers taking advantages on their consumers. In the philippines to be exact telco providers charging to much fees but epic fail services. Good luck on this project.

[Akboi]

Last 3 days, let's make it 25.000 ETH at least!
19.720 ETH raised so far. I think it'll pass 20.000 ETH today.

[mrongos]

Last 3 days, let's make it 25.000 ETH at least!
19.720 ETH raised so far. I think it'll pass 20.000 ETH today.

I think it will be difficult to reach 25,000 ETH
My prediction still 22.000 ETH it is very good

[qiman]

Due to all the MYETHERWALLET AND PARITY HACKING, I think many people are feeling a little jittery about ETH as a platform at present but still DENT has managed to accrue a very decent pot to date and I am very confident indeed in what they wish to create. Their plan of action is the first of its kind with disrupting Telecommunication on all fronts, I believe they will bring long term profits to all parties involved because of it's decentralized nature where Telco companies will need to compete to provide better packages and Individuals will be able to sell their excess data.

[nezaigor]

Prompt, I read somewhere that there is a purchase bonus of 10% on the last day? Is this true and where to read about it?

[Quill_DigiPulse]

Good luck!

[Celebrity]

Prompt, I read somewhere that there is a purchase bonus of 10% on the last day? Is this true and where to read about it?

I joined dent ico 1 week ago and it gave me 10% bonus. Their web site says there is 10% bonus until the raiser reach 45k ethereum. As we're below 45k ethereum, contributors getting 10% bonus now. It makes 440k dent for 1 ethereum with bonus instead 400k dent regular price.