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district0x

DNT

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About district0x

District0x is an Ethereum token that powers a network of decentralized marketplaces and communities called districts. The token is required for application to the District Registry and is used to signal support or disapproval for proposals made by network participants.

District0x is a platform that enables users to establish their own decentralized platforms, known as "districts". These districts are governed by a decentralized autonomous organization (DAO) structure, providing a framework for a wide array of potential use-cases. The district0x ecosystem utilizes the DNT token, an ERC-20 utility token primarily intended for community governance. The platform leverages three main technologies: Ethereum for hosting districts, Aragon for the governance layer, and the InterPlanetary File Transfer Protocol (IPFS) for serving the district0x website source code and user uploads within districts.

District0x operates by providing a set of smart contracts and front-end libraries that developers can use to launch their own districts. This allows for a simple platform for community governance and a wide range of potential use-cases. The Ethereum blockchain is used for hosting these districts, while Aragon is used as the governance layer, enabling DNT stakers to participate in the development and operation of their chosen districts. IPFS is used for serving the district0x website source code and for user uploads within districts. The DNT token is intended for community governance, aiming to give token holders a say in the operation and development of the districts.

District0x aims to address inefficiencies in creating and operating distributed community marketplaces. It provides a set of smart contracts and front-end libraries that developers can use to launch their own districts, offering a platform for community governance. Some of the most popular districts include Ethlance, a decentralized job market, Name Bazaar, a peer-to-peer ENS names marketplace, and Meme Factory, a district that provides a simple interface for the creation of rare digital assets. These districts demonstrate the potential use cases for district0x, from job markets to digital asset creation and trading.

District0x was founded in February 2017 by Joe Urgo and Matus Lestan. Urgo is a former professional poker player turned derivatives trader with a history of working as an advisor in the cryptocurrency space. Lestan is a programmer and developer with nearly a decade of experience working with web and mobile applications. A portion of the DNT tokens were distributed to participants of an initial coin offering, contributing to the operation of the district0x platform.

Market

Market stats

Market cap

$41.1M

Volume (24h)

$738,732.98

Circulating supply

1.0B DNT

Typical hold time

22 days

Popularity

#635

All time high

$0.50

Market performance

Price change (1h)

-4.73%

Price change (1d)

-17.31%

Price change (1w)

-17.78%

Price change (2w)

-29.6%

Price change (1m)

-28.2%

Price change (1y)

+80.53%

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Social

Some highlights about district0x on social media

18 unique individuals are talking about district0x and it is ranked #736 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, district0x has an average sentiment score of 3 out of 5. Finally, district0x is becoming more newsworthy, with 0 news articles published about district0x. This is a 0% increase in news volume compared to yesterday.

On Reddit, district0x was mentioned in 24 Reddit posts and there were 25 comments about district0x. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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Overview

Contributors

18 people

Dominance

3.2%

Volume rank

#736

Average Sentiment

3 out of 5

Reddit

Posts

24

Comments

25

Post Score

28

Comment Score

30

Coinbase Bytes

Coinbase Bytes

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district0x is on the decline this week.

The price of district0x has decreased by 4.73% in the last hour and decreased by 17.31% in the past 24 hours. district0x’s price has also fallen by 17.78% in the past week. The current price is $0.0406 per DNT with a 24-hour trading volume of $738.73K. Currently, district0x is valued at 91.83% below its all time high of $0.50. This all-time high was the highest price paid for district0x since its launch.

The current circulating supply of district0x is 1,000,000,000 DNT which means that district0x has as total market cap of 1,000,000,000.

FAQ

What is the current price of district0x?

We update our district0x to USD currency in real-time. Get the live price of district0x on Coinbase.

What is the market cap of district0x?

The current market cap of district0x is $41.11M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of district0x?

The all-time high of district0x is $0.50. This all-time high is highest price paid for district0x since it was launched.

What is the 24 hour trading volume of district0x?

Over the last 24 hours, the trading volume of district0x is $738.73K.

What other assets are similar to district0x?

Assets that have a similar market cap to district0x include Voyager Token, Cream Finance, Opulous, and many others. To see a full list, see our comparable market cap assets.

How many district0x are there?

The current circulating supply of district0x is 1 billion.

What is the typical holding time of district0x?

The median time that Coinbase customers hold district0x before selling it or sending it to another account or address is 22 days.

What is the relative popularity of district0x?

district0x ranks 63 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of district0x?

Currently, 92% of Coinbase users are buying district0x. In other words, 92% of Coinbase customers have increased their net position in district0x over the past 24 hours through trading.

Can I buy district0x on Coinbase?

Yes, district0x is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy district0x guide.