Tuesday, 17 October 2017

ICO - Tokenizing the Mobile Data Industry

Creating a world-wide marketplace on Ethereum Blockchain to sell and buy Mobile Data with DENT Tokens

DENT Presale opens 26. June 2017 2PM GMT+ 1 (London Time)

We are disrupting the mobile operator industry by creating an exchange for buying and selling mobile data
 

Our vision is to create a global exchange using Ethereum blockchain, where everyone on this planet has the opportunity to buy and sell mobile bandwidth in any country just like you buy foreign currencies on FOREX.

The telco industry is a complicated, fragmented mess and so 1990's. There are a handful of telcos in each country, isolated silos that don't interoperate properly with each other on the mobile market. Telco users are stuck in a trap, where their purchased data packages expire every month, even if they paid for it. We are striving to liberate it, while creating new opportunities for telcos too.
 
DENT Token Sale 12 July 2017
 
 Estimated token value in ETH offered in this token sale: 152,000 ETH,
(subject to variations thru the crowdsale) 

 
100 Billion (100,000,000,000) total tokens created, of which 70% will be sold in the token sale (minimum of 35% will be reserved to purchasers with smaller budgets)
Exchange Rate: 1ETH = 400,000 DENT*
 
Token Type: TokenType: Apps token to purchase and sell mobile data packages 

30% remains at the Company for user incentives and salaries 
  • The Company will pledge 1 Billion, or 1% of the DENT Tokens to the
    UN SDG program for the purpose of enabling mobile data access in developing countries
Ethereum ERC20 token 

 
ETH is accepted in this token sale.
No tokens will ever be added to the supply.

* The conversion rate ETH/ DENT will change during the crowdsale due to the bonus discounts.
This price is without any discounts
 
Timeline for the DENT Token Sale
There are 4 milestones in the DENT Token sale:
 
Three Disruption Megatrends on Mobile Operator Business that DENT is addressing
 

1. Liberation of Mobile Data. 
The DENT Token will be the world-wide currency for Mobile Data between Telcos and the user community. DENT enables a “Data Sharing Economy” where users are able to freely buy, sell and donate their mobile data, from any user to any user. 
 
2. Disruption of international Roaming. 
DENT facilitates the removal of data roaming cost drivers, such as expensive routings between Telcos. 
 
3. Automated mobile data purchase for the best price. 
DENT enables automated purchase capability of data packages for consumers and iOT devices. The user always gets the best price from the most suitable operator in his region, without having to worry about buying too much or too little data. 
DOVECOT Co-Founder Mikko Linnamäki is backing the creation of a global exchange for mobile data, disrupting the telco industry for the better.
 
 
DENT Whitepaper
 
 
Download the DENT Whitepaper pre-release version
 
 
The world is changing, barriers are falling, the usage of the Ethereum Blockchain and Smart Contracts is  removing the middle-men and reducing costs across several industries. Banks are changing the way they do transactions while the industry is reducing complexity in manufacturing, supply chain and logistics.

This white paper describes the DENT Exchange we are building: the transparent marketplace for selling, buying and donating mobile data packages.

Please note: This is a working document, which will be finalized on 12.07.2017 when the token sale starts.

Click here to download.

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