Market Rank | #887 |
---|---|
Market Cap | $ 42.6M |
Volume 24h | $ 2.8M |
Circ. Supply | 751.2M |
Total Supply | 1000.0M |
Max Supply | ? |
Genesis Date | 18/7/2017 |
As of now, the current price of district0x (DNT) is $ 0.05668400. In the last 24 hours, it has increased by +4.21%.
district0x is a network of decentralized marketplaces powered by Ethereum and governed by the District Network Token (DNT). Its mission is to create a virtual economy where users can transact and interact within a community-driven environment. It comprises of districts which are autonomous, open-source platforms, each offering a unique service or product.
While we don't have specific information about the founders of district0x, we know that it's a global community of contributors who work together to build and maintain this ecosystem. Majority of the code and design is provided by volunteers and the decentralized nature of the network implies that there is no central authority.
district0x operates using a framework known as a 'district'. A district is an open market where goods, services or data can be exchanged. These districts are powered by Ethereum smart contracts and use the d0xINFRA framework. The network uses an Aragon governance layer, providing users with control over specific districts. After staking DNT in a district, a user gains voting rights. It's essentially the WordPress of dApps where each district resembles a WordPress template and the auxiliary modules can be likened to WordPress plugins for extended functionality.
district0x stands out because of its unique structure and underlying principles. It isn't just about trading or investing in a cryptocurrency, but is also about having a stake in a communal platform. By staking DNT in a district, users not only get voting power but also receive district-specific tokens. district0x essentially functions as a bridge between the digital and the physical world, connecting users and services in a frictionless, decentralized way.
Anyone holding DNT tokens can participate in the governance of any district. By staking their tokens in a district, they get the right to vote on proposals related to that particular district. This includes, but not limited to, deciding on the future direction of the district or setting transaction fees.
Currently, there are 751.2M DNT tokens in circulation. The total supply of DNT is 1000.0M.
district0x (DNT) can be purchased on a variety of cryptocurrency exchanges. The list includes CoinEx, Bittrex, Indodax, CEX.io, Coinbase Pro amongst others. It's noteworthy to remember that DNT can't typically be bought with fiat currency. Instead, you’d first need to acquire a cryptocurrency like Bitcoin or Ethereum and then trade that for DNT on your chosen exchange.
As with any cryptocurrency, the safety of your DNT tokens is of utmost importance. It is advisable to store your DNT in a secure digital wallet, such as MyEtherWallet, Coinbase or Trezor Hardware Wallet. Do not share your private keys with anyone and always ensure your device's security software is up to date.
LCX Polkaswap BarnBridge BitShares MATH Alpha Quark Token Komodo Aave [OLD]
Tether Ethereum Name Service Dogecoin Gala FTX Token Avalanche Aave Ethereum
DISCO Chicken Swiss Cash Coin Shiro Neko Vainguard Etherfuse USTRY Etherfuse EUROB Boton AI DIOM
Live Prices, Widgets, Alerts, Portfolio, Apple Watch app