Dentacoin is the leading cryptocurrency and review platform for the dental industry in Europe. The implications of its innovation will be monumental and global in scale. Even before its ICO, the token is already listed on five different exchanges. Let’s take a closer look at what this means for Dentacoin, traders, and the dentistry industry as a whole.
Trading Even Before the ICO
It is no small feat that Dentacoin was able to have its token listed on even one exchange during its presale, but the company was able to secure trading on five separate platforms. This demonstrates the overwhelming support that Dentacoin has from its community and early supporters already.
Currently, the five exchanges that support the DCN token include Cryptopia, CoinExchange, Mercatox, and Novaexchange. Collectively across exchanges, Dentacoin has just over US$15,000 worth of trading volume in the past 24 hours at the time of writing. This is rather impressive, considering that the ICO has not even been held yet. Its most popular trading pair is Bitcoin on Cryptopia, comprising just under 90% of trading volume. The second most popular is Ethereum, with smaller amounts of Litcoin and Doge making the rest of its pairs.
Immediate Use Cases Mean User Confidence
While it is incredible that Dentacoin has already seen trading across various exchange platforms, its true value lies in its inherent use cases. Dental clinics across Europe are beginning to accept Dentacoin as payment for their practices. This is a massively important aspect to Dentacoin’s continued success. Even more clinics are looking forward to implementing DCN into their practices in the future.
The use of a transparent and blockchain-based asset is attractive to dental clinics, as it should be. It means that there can be no chargebacks like those that happen with credit cards or bounced checks. It also means that there is no need for a third party clearinghouse to approve the moving of funds. It is truly peer-to-peer, meaning that once the transaction is signed the funds belong to the practice. It is also attractive because it helps expose those clinics to the strong and active Dentacoin community.
The Trusted Review Platform Helps Both Patients and Dentists
Another excellent gauge of the Dentacoin project’s overall health, in addition to the previously mentioned aspects, is the release and use of its flagship product, the Trust Review Platform. This platform is the heart of the entire project and community. Here, community members are rewarded for their participation in reviewing dental clinics. Users can be sure that the reviews they are reading are real, since all reviews are backed by the blockchain. Consequently, these reviews are tamper-proof since any changes to them would be visible on the immutable blockchain. This also ensures that reviews are not deleted. This builds trust between dentists and patients, while bolstering an already thriving community.
Check out the project here: https://dentacoin.com/
This is a sponsored post and does not necessarily reflect the opinions of any The Merkle employees. This is not trading or investment advice; always conduct your own independent research.