Dentacoin — DCN Trusted Dental Treatments & Healthcare Insurance App

Lesha
4 min readOct 30, 2017

--

What Is Dentacoin?

Dentacoin (DCN) is an Ethereum-based token (ERC20) preparing for its presale on July 1. At the start of the presale, early adopters will be able to buy Dentacoin for 2.5 times cheaper than their stated value.

As you may have guessed from the name, Dentacoin is a digital currency catered to the world of dentistry. The currency was created specifically to meet the needs of the global dental industry.The digital currency began a trial run in March 2017, when it was implemented by SWISS Dentraprime, a dental implant clinic dedicated to introducing automation and digitization features into their processes.

Dentacoin was used as part of their patient loyalty program. Patients who visited the clinic received Dentacoins in return for their feedback, reviews, or recommendations.

The trial period ended in May. You can read a detailed report on the trial run at the Dentacoin blog.The first goal of the Dentacoin Foundation is to create a review platform. In the future, however, they plan to release a blockchain-based insurance program and a blockchain-based healthcare database, among other projects.

MISSION STATEMENT

The Dentacoin Foundations’ core missions are to improve the quality of dental care worldwide, reduce treatment costs and create a dental community. The Dentacoin Token was created to help assist the Dentacoin Foundation with the above mentioned missions by giving power to the people. Dentacoin focuses on developing a number of tools, each one targeting a different sector of the dental industry. Individuals who use and implement these tools will receive Dentacoin Tokens as a reward, which they can later use to pay for their dental treatment or to purchase dental products.

The goal is not to compete with other cryptocurrencies, but rather to provide a solution and support for the healthcare industry through a blockchain. The Dentacoin Foundation is interested in evaluating the actual substance and value that can be created with a coin (Dentacoin) that represents the health of all individuals. Dentacoin will be both a Fin Tech and logistic platform of the global dental industry. The Foundation’s exact contribution in ERC20 coins (Dentacoins) used for dental projects will be provided later on in the whitepaper.

Token Allocation
There are 8,000,000,000,000 (eight trillion) coins (the initial extent of the token supply will be the number of tokens issued during the crowdsale and not specifically “8 trillion”). This change in size has no effect on the principal at hand. We suggest that a single coin be referred to as a “DCN” and because it is an ERC20 token is configured to be used globally by all individuals and its value derived trough the exchange with Ether. We also suggest using the symbol ٨ to represent a DCN.

Token Sales
As for now (26/05/2017) the following sales steps are planned :

  • 2017, July 1 — Public Presale

Hard-capped Presale volume: 80 000 000 000 DCN (1% of the total supply)
Price: 0.003521 USD cents/DCN or 284 DCN/USD cent

The exchange rate DCN/ETH during the Presale is fixed to 8 000 000 DCN/ETH. In other words: 1 ETH = 8 000 000 DCN.

Funds allocation :

  1. Creating a team of front- and back-end developers for the Trusted Review Platform Testnet Launch.
  2. Programming and launching the Trusted Review Platform (testnet).
  3. Programming and launching supporting tools: aftercare mobile app, educational website.
  • 2017, October 1 — First Token Sale

Hard-capped ICO volume: 240 000 000 000 DCN (3% of the total supply)
Price: 0,011723 USD cents/DCN or 85,3 DCN/USD cent

Funds allocation :

  1. Creating a team of insurance specialists, dentists, programmers to develop the Dental Insurance Model.
  2. Launching the Trusted Review Platform Mainnent.
  3. nitial Global Communication Campaign for acquiring partners and multipliers.
  • 2018, October 1 — Second Token Sale

Funds allocation :

  1. Coding and configuring the Blockchain Insurance and the Health database.
  2. Developing the Market Research Platform.
  3. Second Global Communication Campaign for acquiring partners and multipliers.

FUNDING

Funds raised during the ICO will be used solely for the development of the Dentacoin network. The following distribution of funds is preliminary and can be subject to change.

  • Core Development 40%
    Core development will involve the development of the technology as described in this document. This includes the integration of VPN protocols, smart contract systems, supporting of security protocols and services, end user applications etc.
  • Operational 25%
    This covers the necessary costs incurred for a functional system. This includes hosting and infrastructure costs, staffing, outsourcing, management and other related expenses.
  • Marketing and Sales 25%
    Marketing costs will be used for partnership development and direct consumer marketing. Sales costs will largely be incurred through direct B2B sales.
  • Legal and Compliance 10%
    There are legal costs associated with privacy protection and registrations with regulators. The legal costs might vary from region to region.

DETAIL INFORMATION :

Website : https://www.dentacoin.com/
Whitepaper : here
Facebook : https://www.facebook.com/dentacoin/
Telegram : https://t.me/Dentacoin_Official

My Profile Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=367891

--

--