What is Dentacoin?
The Dentacoin cryptocurrency targets one very delicate issue and that is the dental health care across the world. The main mission is to improve this aspect of healthcare globally and reduce the cost for it. The Dentacoin token was created to support their multi-national Dentacoin foundations. There are several tools dedicated to sorting numerous issues in different sectors of dental care. Whoever implement the tools receives DCN tokens as a reward, they can later on used to pay for dental services or purchase different dental products, of course, there is a max supply of 8,000,000,000,000 DCN coins. The company doesn’t have any intention to compete with the rest of the digital assets which exist on the market, they want to provide a major and global solution to the healthcare industry by implementing the blockchain tech. Dentacoin is about to be a financial technology with an integrated logistics platform of the worldwide dental industry.
Advantages
The decentralized nature of the Ethereum blockchain and the usage of smart contracts is allowing the direct contact between patients and dentists without the need of a 3rd party. That is reflecting on the overall cost for the service provided. Other advantages include:
- Trusted brand coin among people
- Practical usage in the real world
- Providing Healthcare database
Disadvantages
As with any other product, nothing is perfect. This rule is also valid for the DCN coin as the adoption rate is quite low. Furthermore:
- Only 25% of the coin supply is in circulation, with the rest being in the hands of the team behind it
- The centralization of the coin supply will lead to a drop in its worth, further down the road
History and Evolution
The DentaCoin token was created after a long development stage in which many people from different industries participated in the process. But what do I mean by that? There were engineers, financial specialists, marketers, lawyers, doctors, and others, from countries like England, USA, India, France, Russia, Bulgaria and more. The company incorporated more than 20 branches around the world, for example, the dental centre in London, UK named “The Dentaprime International Plc, London”. The controlling share unit is held by the Dutch DentaCoin foundation, but the founder is Prof. Dimitar Dimitrakiev with co-founders Phillip and Jeremias Grenzebach. As I mentioned before the initial development started in 2014 but the project`s ICO funding was released on the 1st of October 2017 and ended on 1st of November 2017, for only 1 month only they collected $2,100,00 starting investment.
Dentacoin`s Future
The DentaCoin cryptocurrency has unlimited potential to change the dental industry drastically by offering a modern solution to many present issues. It has strong and unique features and serious supply and demand, but the truth is that they failed to attract the attention of many investors, because of that the future prognoses are showing continuous downfall. More information about their roadmap and future actions you can find on their official website.
Dentacoin Blockchain
DentaCoin token does not have a blockchain, because it is an ERC-20 token which means that it is using the blockchain of the Ethereum network to operate. There is no further information online of any future plans to detach from ETH and start as a coin with private blockchain.
How to get Dentacoin at Exchanges
If you are looking to supply yourself with some units as quickly as possible, you can do it pretty much everywhere, DCN token is listed among most of the exchanges. Get your hands on some Ethereum, Bitcoin or Litecoin to exchange them for, because there is no option to purchase the token with fiat money. DentaCoin token hides huge investment potential because it strives to offer a solution to one of the most worldwide spread problems – the dental health and dental care industry. Don’t forget that your dentist charges more than your doctor.
| Exchange | Buy Dentacoin with: | Buy with Fiat Money: | |
|---|---|---|---|
| Ethereum | – | Trade now | |
| Bitcoin, Ethereum, Tether | – | Trade now | |
| Bitcoin, Ethereum | – | Trade now |
Wallets for Dentacoin
I recommend downloading the official Dentacoin wallet to store, send or receive the newly obtained DCN tokens of yours.
Alternative Wallets
Since DentaCoin operates as an ERC-20 token under the Ethereum blockchain, there several alternative wallets which could assist you too. Generally, they are split into several sections according to their client type (mobile, web, desktop) and access to the internet (hot and cold). Depending on your needs, you can choose one from the list below.
Mobile Wallets:
Web Wallets:
News
After reading such structured review about DentaCoin, seeking for information online might appear to be a living nightmare because of the wide spectre of information channels. It not bad to check all sources but always start with the official accounts like Twitter or visit the Bitcointalk Forums