district0x

DNT Price

What is district0x about?

The district0x network is a collective of decentralized and autonomous marketplaces and communities, also known as districts. These districts are built upon a decentralized and distributed open-source framework, the d0xINFRA network, which is powered by Ethereum smart contracts. The district0x network aims at creating a friction-free, virtual economy where the users will be able to make buying and selling decisions, complete transactions, and even rank their peers with just one simple click. District0x aims to develop a flexible, and free market with advanced entrepreneurial concepts.

What makes district0x unique?

District0x differs from most coins in its underlying concept and the architecture it is built on. The concept of interconnected districts and marketplaces promises a novel structure to the modern economies. What a lot of users are missing out on is the fact that it is a staking mechanism and not just a voting token. Staking is basically the process of mining the PoS (proof of stake) coins. Early investors will be able to lock their tokens to a specific district on the network, thus being able to participate in its governance later. DNT tokens can be staked in districts, thus they not only give voting power and privileges within that district but also provide district-specific tokens depending on when the investor had started trading.

What's the history of district0x?

While it is very difficult to buy lesser-known cryptocurrencies using fiat currencies (dollars, euros) directly from crypto-exchanges, district0x or DNT can be easily purchased from various exchanges using Ethereum or Bitcoin as the base cryptocoin. Binance is one of the popular exchange platforms that can help trade Bitcoin or Ethereum for District0x. One can use various wallets like myetherwallet.com to store the district0x (DNT) coins. Coinbase, Blockchain, Exodus, Trezor Hardware Wallet are also wallets that support district0x.

What's next for district0x?

The District0x infrastructure has a very neat concept with some well-outlined features, such as the staking interface. A staking interface is put in place that allows DNT holders to have open control over the districts through an Aragon governance layer for all markets that come online. Post creation of a district, an Aragon entity will also be created that people can use to interact with this staking mechanism. After staking, a user will receive voting rights in that district. Using the creation interface, one can remove central power structures from any marketplace without the additional need for development or programming skills.

What can district0x be used for?

By joining the district0x, the user receives district0x coins. They allow the owner to exercise the right to vote for district proposals and make decisions within certain districts. This includes, for example, voting on proposals concerning the future of a particular district or setting fees. The scope of shareholders’ rights is outlined in the bylaws and varies according to the specific scope and purpose of each district. District0x platform users can interact with the functions and services provided by each district. Users can also freely create their own districts. For example, on Ethlance, the first district in the District0x network, users can post job offers or search for new jobs.

Where can you buy district0x?

DNT tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade district0x is Coinbase Exchange, where the most active trading pair DNT/USD has a trading volume of $19,055.27 in the last 24 hours.

What is the daily trading volume of district0x (DNT)?

The trading volume of district0x (DNT) is $19,074.16 in the last 24 hours, representing a -31.80% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for district0x (DNT)?

district0x (DNT) reached an all-time high of $0.4834 and an all-time low of $0.002167. It’s now trading -98.50% below that peak and 237.20% above its lowest price.

What is the market cap of district0x (DNT)?

Market capitalization of district0x (DNT) is $7,309,529 and is ranked #1496 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of DNT tokens (1 Billion tokens are tradable on the market today).

What is the fully diluted valuation of district0x (DNT)?

The fully diluted valuation (FDV) of district0x (DNT) is $7,309,529. This is a statistical representation of the maximum market cap, assuming the maximum number of 1 Billion DNT tokens are in circulation today. Depending on how the emission schedule of DNT tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of district0x compare against its peers?

With a price increase of 27.00% in the last 7 days, district0x (DNT) is outperforming the global cryptocurrency market which is up 10.50%, while outperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 0.00%.

How to add district0x (DNT) to MetaMask?

Adding district0x (DNT) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import DNT as a token. You can copy DNT’s contract address (0x0abdace70d3790235af448c88547603b945604ea) and import it manually, or if you've installed MetaMask's chrome extension, add DNT to MetaMask with one click on CoinGecko.

Add DNT to MetaMask.