Dent Token Sale - ICO Analysis
Today I want to analyze the DENT ICO and figure out if it wille be a good investment.
DENT Wireless LTD, based in Hong Kong, was founded in 2014 as Commando Coder Ltd. when Tero Katajainen decided to develop an automated FOREX trading system with built-in risk management functions.
Company Mission: DENT Wireless is a company with a mission to tokenize, liberate, and democratize one of the most important commodities in our time: mobile data and bandwidth. They are developing a marketplace on Ethereum Blockchain for buying and selling of mobile data packages, which can be direct telco products, or originating from users that sell unused mobile data packages to each other.
There will be a total of 100B tokens, where 70% (70 billion) will be available in the Token Sale and 30% of the tokens will remain in the company.
Exchange Rate: 1ETH = 400,000 DENT
It means the total project would have a valuation of 250,000 ETH what is about 71,000,000 USD.
This would mean Dent would be the 52nd highest valuated crypto project.
Now you have to make your own decision, if you think it is worth investing into it.
At the moment they offer a "Presale Bonus" of 20% with a minimum investment of 20 ETH. (https://www.dentcoin.com/presale)
What is your opinion ?
Sources:
https://www.dentcoin.com/aboutus
https://www.dentcoin.com/faq
Youtube: Dent