Dtec PriceDTEC

What is Dtec (DTEC)?

Dtec (DTEC) is a cryptocurrency token built on the Polygon blockchain that powers an ecosystem combining artificial intelligence with smart vehicle technology. The project centres on the Dtec Assistant (DtecA), an in-car AI assistant that can be installed on the operating systems of various vehicle classes, enabling voice-based communication with vehicles, control of vehicle equipment and remote IoT devices, and execution of requested tasks. According to available project information, DtecA has begun retail sales at contracted car dealerships.

The DTEC token operates as an ERC20 asset with 18 decimal places. Reported total supply figures vary across sources, with the project website stating 338,415,648 tokens and a maximum supply of 450,000,000 listed on several data platforms. Circulating supply has been reported at approximately 197.9 million tokens, representing roughly 44% of total supply. The project launched in 2023 and is positioned within the AI and Big Data category of the Polygon ecosystem, with a CertiK rating of 4.4.

Key Specifications & Tokenomics

• Name: Dtec
• Ticker/Symbol: DTEC
• Blockchain/Platform: Polygon (POL)
• Token Standard: ERC20
• Smart Contract Address: 0xd87af7b418d64ff2cde48d890285ba64fc6e115f
• Decimal Places: 18
• Category: AI & Big Data, Polygon Ecosystem
• Max Supply: 450,000,000 DTEC
• Total Supply: 338,415,648 DTEC
• Circulating Supply: 197,903,610 DTEC
• Launch Date: Dec. 24, 2023
• Company/Legal Entity: Dtec Inc.
• Registered Address: Keizersgracht 555, 1017 DR Amsterdam, Netherlands
• Official Website: https://dtec.space/
• Whitepaper: https://dtec.space/whitepaper
• Explorer: polygonscan.com
• CertiK Rating: 4.4

Who created Dtec?

The Dtec project was developed by a team of experienced AI engineers, software developers, and designers. Publicly identified team members include Serdar Sultanoğlu, who serves as CEO and Co-Founder, and Moin Akhtar, who works as Assistant Project Manager and Senior Full Stack Software Engineer. The Dtec Assistant was developed by a team of seasoned AI engineers and software developers, according to project materials. The legal entity behind the token is Dtec Inc., registered in Amsterdam, Netherlands.

How does Dtec work?

The Dtec ecosystem is built on three primary pillars. The first is the Dtec Assistant (DtecA), a software component installable on any vehicle operating system or smart platform. It enables communication with the vehicle, control of vehicle equipment and remote IoT devices, and provides advanced features including cryptocurrency token rewards. The second pillar is DtecB, the project's artificial intelligence technology, which utilizes multiple data sources including voice and visual data from drivers and their surroundings collected by DtecA devices, data from IoT devices, and other AI and blockchain-based projects. DtecB synthesizes this data from autonomous agents using proprietary algorithms to learn and present information. The third pillar is the DTEC token itself, which serves as an incentive mechanism.

Data collected through DtecA is securely transferred to the Dtec network using advanced cryptography without identification, then processed for learning purposes. Users can opt out of data sharing, and data sharing only occurs with consenting drivers. The technology operates on the Polygon platform, blending blockchain innovation with artificial intelligence.

What makes Dtec unique and valuable?

Dtec distinguishes itself by integrating AI technology directly into vehicle systems through a single voice-operated software platform. The project's vision is to build a comprehensive digital ecosystem targeting a significant portion of the automobile market. Its mission focuses on enabling all hardware and IoT devices to be commanded while driving, creating a service that learns driver habits and provides autonomous assistance, and building a continuous ecosystem that combines learning AI services with blockchain technology.

The project also has a buyback and burn mechanism designed to create disinflationary pressure. A token buyback occurs annually using 10% of profits from DtecA software sales and data sales to third parties. Of this amount, 90% is burned and 10% is transferred to a treasury locked for 10 years. Additionally, DtecA users who do not use the data sharing feature have their allocation tokens burned. The project also reports that Dtec Technology has 400 electric charging stations already produced and planned to be piloted in 2 countries.

What is Dtec used for?

The DTEC token functions as a local payment and reward token designed to encourage expansion of the Dtec ecosystem. Its primary utility is rewarding drivers who share in-vehicle data through the Dtec virtual assistant software, contributing to the development of artificial intelligence and the broader ecosystem. This incentive system is intended to reduce the cost of purchasing DtecA software, increase the number of users and data sources, and accelerate the evolution of Dtec's AI technology through an expanding data pool, thereby establishing a circular system.

The token is also used within the Dtec World ecosystem, which includes features such as staking, prizes, airdrops, and community participation. The DTEC token sits at the core of the technology usage, as described in project communications.

How Is the Dtec ecosystem developing?

The Dtec ecosystem continues to develop across several fronts. The Dtec Assistant has started retail sales at contracted car dealerships, and the DtecA software currently sold along with chassis information for compatible vehicles is detailed on the project website. The Dtec World website offers sections including Home, Prizes, Staking, Community, Team & Partners, Tokenomics, WhitePaper, Airdrop, and Roadmap.

Dtec Technology has produced 400 electric charging stations with pilot programs planned in 2 countries. The project maintains an active community presence through X (@DtecToken) and Medium (@DtecAINetwork), with holders reported at approximately 7.31K. The project roadmap and tokenomics documentation are publicly available, outlining the planned development trajectory for the ecosystem.

How to mine Dtec?

DTEC operates as an ERC20 token on the Polygon network and is not mined through traditional proof-of-work mechanisms. Instead, tokens are distributed through the ecosystem's incentive structure and staking mechanisms. The project website includes a staking section, indicating that token holders can participate in staking activities. Additionally, tokens are rewarded to DtecA users who share their in-vehicle data, creating a participation-based distribution model rather than a mining-based one.

How to keep your Dtec Coin safe?

DTEC is an ERC20 token on the Polygon network and can be stored in wallets that support the Polygon blockchain. Supported wallets include MetaMask, Trust Wallet, Ledger, and the Bitcoin.com Wallet. When storing DTEC tokens, use only official and verified wallet applications, and always verify the smart contract address (0xd87af7b418d64ff2cde48d890285ba64fc6e115f) before conducting any transactions.

For enhanced security, consider using a hardware wallet such as Ledger for long-term storage. Never share your private keys or seed phrases with anyone, and be cautious of phishing attempts that may impersonate the official Dtec website or social media accounts. Always access the official website at https://dtec.space/ and verify contract addresses through the Polygon block explorer at polygonscan.com before interacting with any token contracts.