Everything about DNT (district0x) cryptocurrency :
district0x
The district0x network is a collective of decentralized marketplaces and communities known as ‘Districts’.
1. Project introduction
The district0x network is a collective of decentralized marketplaces and communities known as ‘Districts’.
Districts are decentralized applications, marketplaces and communities that exist as non-custodial, censorship-resistant dapps in the district0x Network. All internet citizens will be able to deploy districts to the network free of charge, forever. All districts include the following core functionalities and can be extended with auxiliary modules as the creators see fit...
(1) Posting & Listing;
(2) Search & Filtering;
(3) Ranking & Reputation;
(4) Payments & Invoicing.
At the core of every district is the d0xINFRA Web3 framework, a stack of Solidity smart contracts for the Ethereum Blockchain and front-end libraries distributed on IPFS, which power a district's basic functionalities. d0xINFRA is designed to be open-source and extendable, allowing districts to implement unique features and enhanced functionality via the plug-in of auxiliary modules. district0x aims to facilitate the operation and governing of marketplaces and communities as decentralized entities.
district0x aims to facilitate the operation and governing of marketplaces and communities as decentralized entities. district0x seeks to 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.
2. Application
The district0x Network Token is a multi-utility token which is required for application to the district0x Network, utilized in an incentivized voting mechanism to dictate access to a suite of ancillary services exclusive to network stakeholders, used to signal support or disapproval for proposals made by network participants, and which can be staked to deposit pools to mint tokens providing district-specific voting rights on third-party platforms such as Aragon.
Voting rights can be used to partake in the processes that determine everything from a district's creation, it's design and branding, its functionality, to its accepted code of conduct, to the integrations it utilizes, and beyond.
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