District0x

District0x logo DNT

District0x is a network that serves as a group of decentralized communities and marketplaces, which are known as districts. District0x is powered by Aragon, Ethereum, and IPFS, joining a growing list of platforms designed to facilitate transactions and more. It lets you create your own own decentralized marketplaces and communities on the blockchain using Ethereum smart contracts, anyone is able to deploy a district on the network free of charge[1]. District0X ICO started on: 2017-08-01.

Contents

District0x Review

What is District0x?

The district0x Network is a collective of marketplaces and communities, which we refer to as districts. Districts exist as decentralized autonomous organizations on the district0x Network. All districts will be built upon a standard open-source framework, d0xINFRA. Modeled after the Ethlance stack, the d0xINFRA framework is comprised of Ethereum smart contracts and front-end libraries. To provide all internet citizens with an opportunity to freely join and contribute to any district, to align incentives across all of a district’s participants, and to implement coordinated decision-making mechanisms to the district0x Network, they introduce the district0x Network Token.

The district0x team is made up of developers from around the world, creating a truly global community. Matus Lestan, the lead developer and founder, has been developing throughout his lifetime and is passionate about decentralization. Before his current efforts to enhance and spread the Clojure-Ethereum ecosystem, he worked as a freelance developer for nearly a decade.

More information in the project whitepaper: here

d0xINFRA Framework

The d0xINFRA framework sits as the core component of each district. This framework is a stack made up of front-end libraries and smart contracts from Ethereum. They are then distributed on IPFS and power the basic functioning of each district. In developing d0xINFRA, its creators made it extendable and open. This allows districts to plug in auxiliary modules as a way to improve functionality and create their own unique features.

DNT Coin

The district0x Network Token (DNT) is a staking token, used by holders to join districts and participate in their governance. Upon staking district0x Network Tokens to a district, participants receive an equivalent amount of voting rights in the district. Voting rights can be used to partake in the processes that determine everything from a district’s branding, to its accepted code of conduct, to the auxiliary modules that are integrated, to the way that fees collected by revenue-generating auxiliary modules are utilized, and beyond.

District0x coin price

The price of DNT token or District0x coin is always chaining, however, BitcoinWiki gives you a chance to see the prices online on Coin360 widget.

Exchanges

District0x tokens (DNT) can be purchased on most major cryptocurrency exchanges, including Binance, Bittrex, Upbit, Mercatox, HitBTC and etc.

District0x Wallet

There is no information about the District0x wallets to store DNT coins on the official website.

Roadmap

The district0x Project Team has released a detailed road map explaining how it plans to progress. The first step involves releasing the final draft of its white paper and conducting three external audits of its district0x Contract. White Paper v0.2 was already released on July 17, 2017, indicating progress in this step.

In the next period, district0x will deploy d0xINFRA and migrate Ethlance to it. It will then deploy both Name Bazaar and the Meme Factory, both of which are in progress. The final step before the contribution period will include deploying an additional five districts as well as governance and staking modules. This phase will also include allowing for auxiliary modules to extend the district.

Following the contribution period, the team will deploy the auxiliary module registry, the district creation platform, and the district0x Network registry. At this point, the district0x Project will be governed by those who hold district0x Network Tokens.

See Also on BitcoinWiki

External links

References

  1. ↑ https://blockonomi.com/district0x-guide/ Blockonomi – District0x Review