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What is district0x all about
In an age where decentralized finance has become a major draw card for cryptocurrency, District 0x was a little ahead of its time. Built on the Ethereum blockchain, District 0x is used to create and host decentralized marketplaces and communities, called “Districts.”
Decentralized marketplaces have long been an important part of the blockchain space, but they have not often been seen as efficient or well operated. District 0x intends to combat this by providing tools to help align incentives and decision making among participants in said marketplaces.
District 0x goes on to offer core functionalities to operate an online market or community, such as the ability for users to post listings, filter/search, accrue reputations, and make payments, using d0xINFRA.
As is often the case with blockchain ecosystem projects, District 0x has its own native cryptocurrency which is central to operations, DNT, which is also used to access voting rights within each district.
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DNT Questions & Answers
How much does district0x cost today?
Current price of district0x is 0.04243217 EUR.
What was the highest ever price of district0x?
We saw the highest spike in the price of district0x on 2021-04-19, when it was at 0.40 Euro.
What is the price of district0x going to be in 3 months time?
On the basis of our price prediction we expect the cost of district0x will be anywhere between €0 and €0.08082766 in 90 days.
What will district0x be worth in 1 month time?
Using our prediction algorithm, we estimate the price of district0x will reach anywhere between €0.00793629 and €0.07032466 in one month.
What is the price of district0x going to be half year from now?
Predicting the future with any degree of accuracy is difficult, but according to our short term price prediction we expect that the price of district0x will be anywhere between €0 and €0.08881344 6 months from now.
How popular are topics related to district0x on social media?
10335 users were engaging via Reddit, in an online discussion about district0x in the last 48 hours. district0x's Twitter handle is followed by 74945 users.
What roles can the Districts provide?
Each district has a few core functionalities, such as: Searching & filtering, Posting & listings, Ranking & reputation and Payments & invoicing.
Who Created District 0x?
The project was founded in January 2017 by co-founders Joe Urgo and Matus Lestan, who created Ethlance, a job marketplace built on the Ethereum blockchain. From there, the pair went on to launch an ICO in June 2017, raising 43,169 ETH, worth about $9.78 million.
What are some of the more well established districts?
Ethlance is a decentralized freelancer website; Name Bazaar, which launched in October 2017, serves as a peer-to-peer marketplace for the exchange of names registered via the Ethereum Name Service (ENS) and Meme Factory, which will provide an interface for the creation of provably rare digital assets on the Ethereum blockchain, are a few examples.
What real-world problems can District 0x solve?
There are digital marketplaces like Amazon, Etsy and Ebay, as well as task-based one, such as Fiver, that already play a major role in our lives, but District 0x wants to emulate these but with giving a voice to the user to vote on how the platform moves and evolves.
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