Dent DENT Price

What is Dent (DENT)?

Dent (DENT) is a cryptocurrency designed to disrupt the mobile data industry by allowing users to buy, sell, and trade mobile data. Launched in 2017, Dent operates on the Ethereum blockchain and aims to create a global mobile data exchange platform. The unique aspect of Dent is its focus on enabling users to share their unused mobile data with others, thus creating a marketplace for mobile data that can be utilized across different countries and networks.

Who are the Founders of Dent?

Dent was co-founded by a team of entrepreneurs, including Marcel H. W. W. de Graaff, who serves as the CEO, and Mike D. C. K. S. H. W. Wong, who is the CTO. The founders possess extensive backgrounds in telecommunications, technology, and entrepreneurship, which have contributed to Dent's vision and development. Their combined expertise aims to tackle the inefficiencies in the mobile data market.

How does Dent Work?

Dent operates on a decentralized platform that utilizes blockchain technology to facilitate peer-to-peer transactions of mobile data. Here’s how it works:

• Mobile Data Marketplace: Users can buy and sell data packages using Dent tokens (DENT), which are ERC-20 tokens on the Ethereum network.
• Data Sharing: Users with excess mobile data can sell their data to others who need it, effectively turning unused data into a tradable commodity.
• Global Reach: Dent's platform allows users to access mobile data from various networks worldwide, making it especially useful for travelers.
• Mobile App: Dent offers a user-friendly app that simplifies the buying, selling, and management of mobile data packages.

Top Use Cases of Dent

Dent has several valuable use cases:

• Data Trading: Users can trade unused mobile data with others, creating a flexible marketplace for data.
• International Roaming: Travelers can purchase data packages from local users, avoiding expensive roaming fees.
• Cost Efficiency: Users can buy data at competitive rates, which can be particularly advantageous in regions with high data costs.
• Decentralized Network: By leveraging blockchain technology, Dent fosters a decentralized approach to mobile data transactions, promoting transparency and security.

How to Keep your Dent Safe?

Keeping your Dent tokens secure is crucial for protecting your investment. Here are some best practices:

• Use Hardware Wallets: For long-term storage, consider using hardware wallets like Ledger or Trezor, which offer enhanced security features.
• Enable Two-Factor Authentication (2FA): Always enable 2FA on your accounts to add an extra layer of security against unauthorized access.
• Keep Software Updated: Regularly update software wallets and apps to protect against vulnerabilities.
• Be Wary of Phishing Attempts: Avoid clicking on suspicious links or providing private information to unverified sources.
• Backup Your Wallet: Maintain secure backups of your wallet's recovery phrase to ensure you can recover your assets if needed.