district0x (DNT)

More and more new cryptocurrencies appear on the market with the aim of surpassing the popular coins and becoming the most influential coin. And among them is definitely the DNT coin of the District0x project. This is a network of decentralized marketplaces built for holders of virtual currencies.

What is district0x?

District0x is a network of decentralized marketplaces and communities. It has the function of creating, operating and managing decentralized districts. Powered by Ethereum, Aragon and IPFS, the District0x network allows users to freely connect and interact on the forum. The project's token holders can participate in the district as "investors" and then receive a share of the revenue. Each district will have an Aragon organization to govern.

Outstanding features

Developer's Vision

The development of the Ethereum protocol has facilitated experimentation in a decentralized organizational structure and the distribution of administrative rights to the members of the network.

 

Projects like Aragon, Boardroom, Colony, Giveth, are actively working to harness the potential of Ethereum. Build platforms that allow non-technical users to create and administer decentralized organizations

 

These tools enable new measures of group coordination through economic incentives. Dispersing the market, the community as well as allocating voting rights to participants. Collectively, the internet community can now build and control the platforms they encounter on a daily basis.

 

Through the District0x network, it is possible to find the home of a wide range of decentralized, community marketplaces, all managed by the owners of DNT Tokens. Meanwhile, d0xINFRA has designed as an extensible modular system. Allows districts to implement unique features and enhanced functionality. Through the addition of auxiliary modules.

 

On the other hand, the system will also launch two more districts. The first will be ENS Bazaar, a peer-to-peer marketplace for the exchange of names registered via the Ethereum Name service. The second is the Meme Factory, which allows users to mint their meme coins. And can be put on the market for sale or exchange.

Benefits of District0x

By participating in District0x, users can receive District0x coins and have the right to vote on district proposals and make decisions with certain districts. For example, voting on proposals regarding the future of a particular district or installation costs.

 

The extent of shareholder rights may vary according to the specific size and purpose of each district. District0x platform users can interact with the functions and services provided by each district and can also create their own district. For example, on Ethlance, the first district in the District0x network, users can post job requests or search for new jobs. Decentralized autonomous organizations are only the first step in the process. District0x also has the ability to create and manage a district that functions like a DAO.

 

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