district0x ICO 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.
Risk: High
Jul 18, 2017
Aug 1, 2017
100% completed
$9 789 541
cap
goal
50% goal completed
Goal 38 400 ETH
Cap 292 750 ETH
past
  • 1 DNT
    =
    0.0005 ETH

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

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

Materials

district0x ICO

Activity

Followers:
60 001
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Tweets:
422
HIGH
Alexa
Rank:
383 064
LOW
Delta:
178 435
Year commits:
311
Watchers:
121
Stars:
320
Forks:
55
Open issues:
186

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

Last News

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