When investing in virtual currency, you need to do your research. We provide you with reviews of each world top cryptocurrency out there, so that you can find the best crypto coins to invest in for you. This is a review of Dentacoin.
Origin & Background
Dentacoin (DCN) is the first blockchain concept designed for the global dental industry. Patients can use the platform to share their experiences. In reward for doing so, the patients receive Dentacoins for their objective evaluations.
The platform aims to improve the quality of dentistry worldwide. Future patients can read insightful evaluations of dentists before making decisions.
Many believe DCN is a scam ICO/pump-and-dump given the rapid rise in price and crash. In addition, one Reddit user noticed DCN-partner clinics can be located back to the same address in Bulgaria with fake Facebook accounts and the same admin mail. This user was banned from the DCN-Reddit page, which leads to further suspicion that DCN is a scam.
1% of the coins were sold in a presale, and 3% of the coins were sold in the ICO. This is an alarmingly small percentage relative to most ICOs.
The maximum supply of Dentacoins is 8,000,000,000,000 DCN. Difficult with that many zeros, but in letters that’s 8 trillion DCN. Circulating supply at the time of writing this review is only 325,226,613,094, which is roughly only 4% of the maximum supply. This is very unusual in the world of cryptocurrency.
At the time of writing this review, the daily trading volume in DCN is only approximately USD 50,000 so there is also limited liquidity in the coin.
Pros & Cons
We have not identified any obvious pros or cons with the Dentacoin, but we think that the accusations that it is a scam shuold be carefully considered before investing in Dentacoin.
If you have concluded that this is the coin for you, congratulations! Buy Dentacoin here.