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Dentacoin scam myths

Busting the Myths about Dentacoin (SCAM debunked)

Published by Dentacoin Team on

Dentacoin, the new Ethereum-based token designed for the Global Dental Industry, launched its Public Presale on 1st of July 2017. As per now (4/7/17) more than 1000 single contributors have supported the mission of revolutionizing Dental Healthcare by giving the power to the hands of the people.

Along with all the international support from the ones who realize the utter importance of the innovative Dentacoin’s concept, subjective claims about Dentacoin being a scam also appeared.

First, we would like to assure you that we understand everyone’s concerns. With so many proven scams, it is not easy to trust any project. However, our team has a clear vision how to develop the projects planned, as described in the Whitepaper. In fact, as we have exceeded the critical Presale contribution amount (the red line which you might’ve noticed on the progress bar on our Presale page), we are starting to develop our pilot project: the Trusted Review Platform. This will be the first tool to attract as users patients and dentists from all around the world.

We will keep our actions transparent by publishing reports about what we have done or intend to do with the funds collected. Each Dentacoin holder will be able to follow all important updates regarding the Foundation.

Now to the point: we have seen three main subjective arguments “supporting” the claim that Dentacoin might be a scam. But let us look at them from an OBJECTIVE point of view.

Myth No1: Dentacoin is not based in the Netherlands.

Dentacoin Foundation is registered in the Netherlands. You don’t trust us? Then you may trust The Netherlands Chamber of Commerce. Here is a Business Register extract.

Here is the correct address of the Foundation’s office: (Please, keep in mind that there is an old wrong address circulating on the Internet which we have already required to be corrected: Yes, it is a building with a lot of offices inside. How does our team consisting of 120 people work there daily? It’s easy: we just don’t.

The Foundation registration address is in the Netherlands as the Dutch legislation is modern and crypto-friendly. Sometimes we use the office for meeting. But in fact, our core team is based in Germany, Bulgaria, South Africa, Russia, United Kingdom, Australia and we have advisors from different countries around the globe. Just as simple as that.

In today’s digital world, are we really still talking about national borders being an obstacle for a successful team work?

Myth No2: The total Dentacoin supply is insanely big.

Probably. But only if we look at the nominal value without considering the reasons behind. In fact, if we consider the reasons, we will understand that this amount is absolutely required. Let’s recapitulate why we have premined 8 trillion DCN:

1. Global concept – in order for a currency to be recognized as global, a bigger amount of coins should be created. We have calculated it as equivalent to 5% of world’s money.

2. 40% of all coins are reserved for EARNING through the Dentacoin tools. Our value-generating distribution is based on the idea of rewarding each individual who works towards supporting the mission of Dentacoin: to improve dental care worldwide and make it affordable.

Let’s look at one simple example: A dentist invites a patient to share his feedback through our Trusted Review platform. The patient has his voice heard, gives honest opinion and feedback, has freedom to choose, has strong influence on the service and treatment quality, and gets rewarded for these value-generating actions. The dentist receives access to up-to- date valuable market research data, qualified patient feedback, opportunity to improve service quality, creates loyal patient community, and gets rewarded for his willingness to improve upon the received feedback. Win-win.

We need coins that will serve the developed tools for a long period of time. Decades, not months.

3. And again, Dentacoin is a long-term concept. That’s why we will distribute only limited amount of coins each year. The amounts are already locked in contracts:

More on this topic “Why did we premine 8 trillion Dentacoins” here.

Myth No3: Dentacoin’s Founder is a phantom.

Everyone can reach to each member of our team upon desire. There are no phantoms; just professionals developed in their fields of expertise and at their location around the world. The fact that we have many doctors in the team behind a project, aimed at improving dentistry, should not be surprising, shouldn’t it? This is not an image-creating feature; it is a requirement if we really want to make a change in this field.

Now to the Founder: Apart from being the Founder of Dentacoin Foundation, Prof. Dimitrakiev, PhD, is a highly respected University lecturer with more than 27 years experience in Technical analyzes, Financial markets, Navigation systems. He is a Member of the IEEE Computational Intelligence society, EADM and Union of Automation and Informatics. Below are some scientific proofs of existence:

– Profile at the Naval Academy:

– Profile at Varna University of Management:доц-д-р-инж-димитър-димитракиев

– Scientific works at ResearcherID:

– Scientific works at

– Scientific works at Scopus:


Here we intend to put a full stop for now. Or a comma. It all depends to you. What else would you like to know about us? We are always here to answer. Just comment below.

Also published on Medium.





where to buy this coin and is there a wallet?


    Dentacoin Admin

    Best wallet at the moment for DCN – .
    Probably the best time to buy Dentacoin is during our ICO, starting on 1st of October 2017, at 2pm GMT. Then DCN will be available at a fixed price of approx. 0.00011723 USD/DCN (lower than the current market price). The main mode of payment will be Ether (ETH) so you will need to buy a certain amount in advance. The price in ETH will be announced the week before the ICO. For more information on the ICO, please check some of the most frequently asked questions:

    At the moment you can also buy DCN but at the current market price on exchange platforms like: CoinExchange, Cryptopia, Mercatox, EtherDelta.

    Please consider joining our Slack or Telegram channels for more questions, open discussions and latest announcements. Links here:


Nabawinyi Judith

Thanks for this. I am from Uganda and wondering how I join please.



I bought at 4 santoshi. Is the good price I bought it for ?
Because I saw in one of the comment you said after ICO open it will be more cheaper ?
What is the advantage of the people who buy coin before ICO ?


    Dentacoin Admin

    DCN will be available at a fixed price of approx. 0.00011723 USD/DCN (lower than the current market price). The main mode of payment will be Ether (ETH) so you will need to buy a certain amount in advance. The price in ETH will be announced the week before the ICO. For more information on the ICO, please check some of the most frequently asked questions:


    Dentacoin Admin

    Hello there, and thank you for your interest! Since the beginning we have recommended our early supporters to wait the ICO period, because of the price. However you have not made such a big mistake. The price at the ICO is going to be 3 satoshi



It´s hard to believe that dentacoin is not a scam. First of all, your wordpress made website shows lack of knowledge about what you´re doing. The website title still is “SEO title”, how about changing the super basics before going online?
Second, you promised anyone of the early bird sign ups some initial coins for free after replaying one of your signup success emails. I didn´t receive mine yet.
Third, I can´t even access my wallet anymore now…
If it´s not a scam, at least it´s highly unprofessional right now.


    Dentacoin Admin

    Hello, this article might be of interest to you:
    Also, Dentacoin is already listed on Coinmarketcap ( and is tradable on exchange platforms such as Cryptopia, Coinexchange, Etherdelta, Mercatox and at BuyUcoin where you can directly purchase DCN with Rupees. About your reward coins, we are sending them already, but the process is automated, hence there is a query order. We are here to stay, and improve the dental industry. Here we give additional information, not so much detailed. If you want detailed info about our project, you can check out our whitepaper: . And for the wallet, if you can’t see your coins, please try to add a custom token, here is how:
    Token address: 0x08d32b0da63e2C3bcF8019c9c5d849d7a9d791e6
    Token symbol: DCN  
    Decimals: 0
    Please, try that and let us know if everything is fine then. Reach out if you have any further questions or comments.



Can I buy DCN token using imtoken?



Hi I am a dental lab owner and I need some information on how laboratories and our partner clinics can use dentacoin. Thanks



What do you make of these new Reddit claims?Pretty upset to be an investor if you are actually just in business to take peoples money.

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