Dentacoin (DCN) Analysis
Market Cap
$4,673,375 USD
Volume (24h)
$186,680 USD
Top cryptocurrency services
Dentacoin investment analysis
A decentralized platform built on the Ethereum network with an aim to tokenize the dental care system in order to create a new care module to supplement the already established models. The strategy is to create a review based system which is highly incentivized to get the best out of the ecosystem.
Dentacoin investment concept started in Q1 of 2017 with a plan to work its way through three sets of public sales of its token to achieve its vision of a blockchain solution to the global dental industry.
They have so far been able to get some respective clinics around the globe to appreciate the idea of using blockchain to revolutionize the dental industry and have begun partnering with the vision of Dentacoin to bring about a better world of dentistry practice.
With decentralized governance and creating a more client-centered service center, dentists can improve their practice in a more engaging way.
The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing possible profit rate in the coming months.
The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing the possible price in the coming months.
How to buy Dentacoin?
You can buy Dentacoin from a couple of exchange markets online - the coin has over 10 trade markets on 7 exchanges (as of the time of writing), where it is being paired with BTC, ETH, and USDT. If you want to buy DCN tokens, you can do so by first purchasing BTC or any of the alt pair from an exchange where credit cards are accepted. Or if you already have BTC or ETH in your wallet, you could transfer it to your account on the exchange where you will be making the purchase.
After buying DCN, you will need to store them off the exchange (especially if you will not be using it as a trade asset). Conveniently, there are about 6 wallets listed on their website that are compatible with the token, however, since the token is an ERC-20 token standard, you can use any legit wallet that is compatible, even hardware wallets.
Hope the tooth fairy isn't on its blockchain lol😁. If you ask me, I think this project isn't really solving any “important problem.” However, for investment’s sake, I think the development team has what it takes to keep the price on the rise. For a coin that can only be used for dental transactions, I think it really has a lot of limitations to be adopted into the mainstream. Mainstream adaptation is one of the driving forces in the upward spiraling of any coins price, and I really can't see this coin being sufficiently accepted. Also, whatever motivated the developers’ action of making this project centralized at this stage is an anti-blockchain maxim, and it is metaphorically shooting themselves on the feet.