DL News • Oct 02, 23
Friend.tech’s summer boom translates to 20% of Base transaction fees
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4.3
Create a Coinbase account to buy and sell district0x on the most secure crypto exchange.
Market cap
$23.1M
Volume (24h)
$337,338.32
Circulating supply
1.0B DNT
Typical hold time
22 days
Popularity
#173
All time high
$0.50
Price change (1h)
+0.04%
Price change (24h)
-0.86%
Price change (7d)
-0.86%
Coinbase users can earn up to $400 on average just by taking advantage of our rewards. Get started now.
Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
The price of district0x has fallen by 0.86% in the past 7 days. The price declined by 0.86% in the last 24 hours. In just the past hour, the price grew by 0.04%. The current price is $0.0231 per DNT. district0x is 95.38% below the all time high of $0.50.
The current circulating supply is 1,000,000,000 DNT.
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 network, as described in its whitepaper, is a network of decentralized marketplaces and communities. The project provides developers with an open-source blockchain foundation to create their own districts. As per the official website, districts are the decentralized applications (DApps) and entities that exist on the district0x network. In simple terms, district0x aims to establish a community of marketplaces and organizations independent from centralization.
Today many start-ups have disintermediated many marketplaces. For instance, Uber has made disruptions in the transportation sector, and Airbnb has disintermediated the lodging sector. Even though users enjoy these services, they don’t have a say in the control of the platforms. Users cannot participate in the value creation and thus these are centrally controlled platforms. District0x aims to decentralize and disintermediate the marketplaces and communities. Powered by Ethereum, Aragon, and IPFS, the platform intends to recreate many of the popular applications and services while eliminating the centralized economic model.
Running on Ethereum, the network offers core functionalities to design, create, and operate new districts. Powered by decentralized Web3, district0x provides creators with the liberty to build new DApps on the network. Each district is unique and is completely customizable. There are a host of districts already running on the platform, like Ethlance, Name Bazaar, Meme Factory, and more.
Talking about the token, DNT is the native token of the platform. The token is an ERC20 standard token and serves as the platform’s cryptocurrency. The token is primarily utilized as a governance token of the platform. This essentially means the holders of the token are granted voting rights on the functionality, operation, design, and branding of the platform. The token holders themselves decide what’s good or bad for the network.
Launched in 2017, district0x was cofounded by Joseph Urgo and Matus Lestan.
Joseph Urgo is a seasoned operations manager and has formerly worked at Coinbase, the leading cryptocurrency exchange.
Matus Lestan, the lead developer at dsitrict0x, is a programmer and developer of mobile applications.
During its ICO in July 2017, the project managed to raise $9 million. Shortly after that, the platform launched its whitepaper v0.3 on September 14, 2017.
District0x uses a special application known as District Registry for staking purposes. As per the website, the District Registry is essentially an incentivized voting game that is used by holders of the tokens to support or disapprove the proposals made by network participants.
Users can stake their tokens into the pools. By doing this, users are granted voting rights. Each vote is proportional to the staked DNT. By participating in voting, users are rewarded and incentivized for the governance of the platform.
DNT has a maximum total supply of one billion tokens.
DNT can be easily purchased on Coinbase. It's secure, safe, and easy.
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Conversion Table
DNT/CAD (Canadian Dollar)
CA$0.0317
DNT/GBP (British Pound)
£0.0191
DNT/BRL (Real)
R$0.12
DNT/EUR (Euro)
€0.0221
DNT/NGN (Nigerian Naira)
NGN 18.04
DNT/SGD (Singapore Dollar)
S$0.0318
DL News • Oct 02, 23
Friend.tech’s summer boom translates to 20% of Base transaction fees
Friend.tech, the Ethereum layer 2 from crypto exchange Coinbase, generated about 20% of Base's fees over a seven-day period.
Read more
BeInCrypto • Oct 02, 23
Grayscale Files Application to Convert Ethereum Trust Into Spot Ethereum ETF
Crypto asset manager Grayscale has applied with the SEC to convert its Ethereum Trust into spot Ethereum Exchange Traded Fund (ETF). Crypto asset manager Grayscale has applied with the SEC to convert its Ethereum Trust into spot Ethereum Exchange Traded Fund (ETF).
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Check your eligibility for Chainlink Staking v0.2 today with the newly launched Early Access Eligibility dApp. The post Check Your Eligibility for Chainlink Staking v0.2: Priority Migration, Early Access, and General Access appeared first on Chainlink Blog.
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Bitcoin Magazine • Oct 02, 23
Elon Musk Calls Fiat Currency A Scam
Musk's comment adds fuel to the ongoing debate about the role of Bitcoin in challenging traditional financial systems.
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Decrypt • Oct 02, 23
UBS Launches Tokenization Trial on Ethereum
The initiative is part of the Monetary Authority of Singapore's Project Guardian to tokenize real-world assets.
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Chainlink-official • Oct 02, 23
Chainlink Data Streams Launch on Mainnet: A Low-Latency Oracle Solution for DeFi
Chainlink Data Streams are industry-standard low-latency oracles for high-frequency data and automated execution, unlocking ultra-fast DeFi apps. The post Chainlink Data Streams Launch on Mainnet: A Low-Latency Oracle Solution for DeFi appeared first on Chainlink Blog.
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We update our district0x to USD currency in real-time. Get the live price of district0x on Coinbase.
The current market cap of district0x is $23.10M. A high market cap implies that the asset is highly valued by the market.
The all-time high of district0x is $0.50. This all-time high is highest price paid for district0x since it was launched.
Over the last 24 hours, the trading volume of district0x is $337.34K.
Assets that have a similar market cap to district0x include RocketX exchange, FC Barcelona Fan Token, Streamr, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of district0x is 1 billion.
The median time that Coinbase customers hold district0x before selling it or sending it to another account or address is 22 days.
district0x ranks 62 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Yes, district0x is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy district0x guide.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.