district0x ICO

district0x ICO

Created using Figma
Created using Figma
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 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.
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • Coinbase Pro
    DNT/USDC 11 minutes ago
    $ 0.0165
    $ 22.303 K
    5.69%
    -36.48%
  • Bitrue
    DNT/BTC 21 minutes ago
    $ 0.0164
    $ 1.912 K
    5.32%
    14.56%
  • Bitrue
    DNT/XRP 21 minutes ago
    $ 0.0164
    $ 150.166 K
    5.57%
    -13.51%
  • Mercatox
    DNT/ETH 28 minutes ago
    $ 0.0181
    $ 55.474 K
    -0.10%
    6.43%
  • Mercatox
    DNT/BTC 41 minutes ago
    $ 0.0145
    $ 19.631 K
    -13.18%
    -2.95%
  • HitBTC
    DNT/BTC 48 minutes ago
    $ 0.0164
    $ 198.81
    3.66%
    -90.89%
  • Uniswap
    DNT/ETH 50 minutes ago
    $ 0.0158
    -
    0.22%
    -100.00%
  • Radar Relay
    DNT/WETH 52 minutes ago
    $ 0.0155
    $ 23.19
    2.11%
    -21.95%
  • Bittrex
    DNT/BTC 56 minutes ago
    $ 0.0165
    $ 38.499 K
    3.69%
    -2.53%
  • Upbit
    DNT/BTC 57 minutes ago
    $ 0.0165
    $ 38.489 K
    3.70%
    -2.52%
  • Binance
    DNT/BTC one hour ago
    $ 0.0164
    $ 293.78 K
    4.23%
    -18.13%
  • Binance
    DNT/ETH one hour ago
    $ 0.0165
    $ 43.004 K
    6.14%
    -7.52%
  • Gate.io
    DNT/ETH 3 hours ago
    $ 0.0160
    -
    -4.07%
    -100.00%
  • Coinexchange
    DNT/BTC 15 hours ago
    $ 0.0158
    -
    -
    -
  • ABCC
    DNT/ETH 2 days ago
    $ 0.0153
    -
    -
    -
  • ForkDelta
    DNT/ETH 2 days ago
    $ 0.0214
    -
    -
    -
  • Idex
    DNT/ETH 3 days ago
    $ 0.0147
    -
    -
    -
  • ABCC
    DNT/BTC 4 days ago
    $ 0.0155
    -
    -
    -
  • Coinexchange
    DNT/ETH 10 days ago
    $ 0.2494
    -
    -
    -
  • AirSwap
    DNT/ETH 13 days ago
    $ 0.0153
    $ 42.22
    -
    -
  • Gate.io
    DNT/ETH one month ago
    $ 0.0167
    $ 219.70
    -
    -
  • TokenJar
    DNT/WETH 2 months ago
    $ 0.0127
    $ 63.53
    -
    -
  • Lykke
    DNT/ETH 2 months ago
    -
    -
    -
    -
  • OKEx
    DNT/USDT 3 months ago
    $ 0.0132
    -
    -
    -
  • Saturn Network
    DNT/ETH 3 months ago
    -
    -
    -
    -
  • Token.Store
    DNT/ETH 3 months ago
    $ 0.0013
    $ 0.2294
    -
    -
  • BITKER
    DNT/ROK 3 months ago
    $ 0.0542
    $ 588.83
    -
    -
  • Lykke
    DNT/BTC 3 months ago
    -
    -
    -
    -
  • Liqui
    DNT/BTC 3 months ago
    $ 0.0136
    -
    -3.81%
    -
  • Liqui
    DNT/ETH 3 months ago
    $ 0.0139
    -
    -4.57%
    -
  • Liqui
    DNT/USDT 3 months ago
    $ 0.0250
    -
    -3.00%
    -
  • Coinbase Pro
    DNT/USDC 3 months ago
    $ 0.0119
    $ 12.599 K
    -3.64%
    -49.63%
  • Ethex
    DNT/ETH 4 months ago
    -
    $ 119.08
    -
    -
  • Everbloom
    DNT/ETH 5 months ago
    $ 0.0121
    -
    -
    -
Jul 18, 2017
Aug 1, 2017
100% completed
$9 789 541
31.3 K
cap
goal
13% cap completed
Goal 38 400.00 ETH
Cap 292 750.00 ETH
past
  • 1 DNT
    =
    0.0005 ETH
Token Details
Ticker
DNT
Company Details
Registered Country
United States
Additional Details
Categories
Platform, Cryptocurrency

About district0x ICO

The district0x Network Token

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, we introduce the district0x Network Token.

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.

Distribution

The district0x Genesis Contract will mint 1,000,000,000 DNT tokens. On July 18th, 2017, district0x Factory is hosting an initial contribution period to kick off the process of distributing DNT tokens and to support the continued development efforts of the district0x Project.

Up to 2 additional contribution periods may be hosted to further distribute DNT tokens. These may occur only after the deployment of key roadmap milestones and in the event that additional funding is necessary for the completion of the project.

Starts July 18 3:00 p.m. UTC Ends August 1 or 48 hours after soft cap is reached Contribution Soft Cap 10 Mil USD Issuance Rate 600 Mil DNT Tokens

Please note: 600,000,000 DNT tokens will be divided and distributed amongst all participants, each receiving an allocation proportional to the amount they contributed, relative to the total collected. After soft cap is reached, the contribution period will be closed in 48 hours In case of reaching 292750 ETH hard cap, contribution period closes immediately.

Features

- Will enable the recreation of many of the internet’s most popular applications and services while eliminating rent-seeking and the relinquishment of decisions and personal data to third-parties
- The first three projects running on district0x will be: Ethlance, ENS Bazaar, Meme Factory
- The district creation platform will provide users with an easy to use interface to design and deploy their own districts to the district0x Network
- Auxiliary Modules allow for the development and deployment of new features, functionality, and revenue generating mechanisms to districts
- Governance by Aragon

district0x ICO Roadmap

  • Prior To contribution period v0.1

  • - Release final draft of white paper- 3 outside audits of the district0x Contract
  • Prior To contribution period v0.2

  • - Deploy d0xINFRA- Migrate Ethlance to d0xINFRA- Deploy Name Bazaar and Meme Factory
  • Prior To contribution period v0.3

  • -Deploy 5 new districts to the network- Deploy staking and governance modules- District extendability via auxiliary modules
  • Following contribution period v0.3

  • - Deploy district creation platform- Deploy auxiliary module registry- Deploy district0x Network registry- Handover governance of the district0x Project to district0x Network Token holders

Activity

Followers:
60 853
VERY HIGH
Tweets:
690
VERY HIGH
30 Days Growth:
-26
Year commits:
461
Watchers:
127
Stars:
369
Forks:
59
Open issues:
203

district0x ICO Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Matus Lestan
Co-founder, Lead developer
unverified
Joe Urgo
Co-Founder, Operations
unverified
Alexander Khoriaty
Project Manager
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Luis Cuende
Advisor
unverified
Carl Bennett
Advisor
unverified
Jake Brokhman
Advisor
unverified
Jake Brukhman
Advisor
unverified
Brayton Williams
Advisor
unverified

district0x ICO Last News

$ 0.0152
-8.56%
Coin Stats
Daily, %:
-8.56%
Weekly, %:
4.34%
Monthly, %:
-10.79%
Market Info
Market Cap:
$ 8.827 M
Volume 24h:
$ 826.948 K
Circ. Supply:
581.06 M DNT
Ticker:
DNT
ICO profit
X 0.1202
ICO Price~$0.1264

district0x ICO Reviews

crushcrypto.com
review

Opportunities:
Already have a functioning district since January 2017 – it is one of the more advanced ICO projects out there. This lends a lot of credibility compared to most ICOs as it shows that the project is run by capable people.
There are two ways to make money from DNT – from appreciation in DNT or from staking the right district. If you stake a district that is very profitable, the potential profit sharing can be significant.
There is potential for district0x to become the go-to place for creating DAOs. Lots of districts can be created, as long as they use any of these functions: posting and listings, search and filtering, ranking and reputation, and payments and invoicing. This is great for the Ethereum ecosystem.

Concerns:
It is unclear how much easier it is to create DAOs on the district0x platform. If the cost and time savings are not significant, then there may not be many districts to be created on the district0x platform.
If you stake an unprofitable district, you will not be able to receive distributions from it.
The hard cap of $50 million is on the high side.

Conclusion:
Overall, I like this ICO for its long-term potential. With this token, you only need one or several districts to be successful in order for DNT to appreciate in value. This is different from other ICOs where they only have one project and token value hinges entirely on the success of that one project. It is going to mitigate the risks compared to most of the other ICOs.
Our thoughts of the tokens for short term and long term are as follows:
For short-term holding:
Neutral. On one hand, it already has a functioning district which brings a lot of credibility to the ICO, but on the other hand, the hard cap of $50 million is rather high.
I don’t think it has problems raising the hard cap amount, but once the tokens hit exchanges, there may be a lot of selling pressure since there will be many DNT holders.
For long-term holding:
Good. As mentioned above, there is a lot of potential for DNT value because even if only a few districts become successful, DNT value should appreciate substantially.

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