Market Cap: $2.6559T -1.810%
Volume(24h): $106.3349B -1.080%
  • Market Cap: $2.6559T -1.810%
  • Volume(24h): $106.3349B -1.080%
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  • Market Cap: $2.6559T -1.810%
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district0x chart

district0x Markets

About district0x

Where Can You Buy District0x (DNT)?

The DNT token currently benefits from excellent liquidity and is available to trade on several popular exchange platforms, including; * [Coinbase Pro](https://coinmarketcap.com/exchanges/coinbase-pro/) * [Binance](https://coinmarketcap.com/exchanges/binance/) * Bittrex * [Uniswap](https://coinmarketcap.com/exchanges/uniswap-v2/) (DEX) The most popular trading pairs for DNT include: DNT/USDC, DNT/USDT, DNT/BTC and DNT/ETH. As of January 2021, there are no direct fiat trading pairs for DNT. But you may be able to [buy Bitcoin (BTC)](https://coinmarketcap.com/how-to-buy-bitcoin/) with fiat, and then exchange it for DNT.

How Is the district0x Network Secured?

DNT is an ERC-20 token. As such, it is secured by the underlying [Ethereum](https://coinmarketcap.com/currencies/ethereum/) [blockchain](https://coinmarketcap.com/alexandria/glossary/blockchain). As of January 2021, this uses a proof-of-work ([PoW](https://coinmarketcap.com/alexandria/article/proof-of-work-vs-proof-of-stake)) consensus mechanism to ensure the network is secured against attacks. As Ethereum transitions to Ethereum 2.0, it will eventually be secured using a [proof-of-stake](https://coinmarketcap.com/alexandria/article/proof-of-work-vs-proof-of-stake) (PoS) network instead — offering similar levels of protection against attacks at a lower energy cost.

How Many district0x (DNT) Coins Are There in Circulation?

As of January 2021, at least 600 million DNT tokens were in circulation, representing 60% of the fixed maximum supply of 1 billion DNT. All 600 million DNT were distributed to participants of the 2017 initial coin offering ([ICO](https://coinmarketcap.com/alexandria/glossary/initial-coin-offering-ico)), in which district0x raised a total of $9 million. Beyond this, 180 million DNT are held in reserve for possible future fundraisers, 22 million DNT are reserved for advisors and community rewards, and the remaining 198 million DNT is held by the district0x founders—and subject to a two-year vesting schedule. Of this, the 180 million DNT reserved for fundraisers remains to be released. The district0x team have indicated this may be burned at a later date. An undisclosed sum of team and other reserved tokens may also be out of circulation.

What Makes District0x Unique?

District0x is built to tackle some of the inefficiencies that come with creating and operating distributed community marketplaces. It does this by providing a wide range of smart contracts and front-end libraries that developers can use to easily launch their own districts, while providing a simple platform for community governance. Unlike some other platforms which charge a fee for launching new applications, developers can create a district for free — though a refundable deposit will need to be paid to be added to the [District Registry](https://registry.district0x.io/). This easy access platform has already given rise to a range of successful districts, each of which have varying forms and functions. Some of the most popular districts include decentralized job market Ethlance, peer-to-peer ENS names marketplace Name Bazaar and Meme Factory — a district that provides a simple interface for the creation of rare digital assets.

Who Are the Founders of District0x?

District0x was founded in February 2017 by Joe Urgo and Matus Lestan. Joe Urgo is a former professional poker player turned derivatives trader with an extensive history working as an advisor in the cryptocurrency space. He is also the founder and CEO of Sourcerers — a consulting firm specializing in tokenization and crowdsale services. Matus Lestan is a programmer and developer with close to a decade worth of experience working with web and mobile applications. He currently holds the position of lead developer at district0x. Besides the co-founders, much of the district0x team is not public facing. However, the district0x wages [transparency page](https://district0x.io/transparency/) indicates that there were at least five additional contractors working for the firm in early 2021.

What Is District0x (DNT)?

Billed as a "network of decentralized markets and communities," district0x is a platform that allows users to easily launch their own decentralized platforms which are governed by a decentralized autonomous organization ([DAO](https://coinmarketcap.com/alexandria/glossary/decentralized-autonomous-organizations-dao)) structure. Each of these platforms is termed a “district” and can be launched free of charge on the district0x. The ecosystem is powered by the custom d0xINFRA framework, which provides a set of basic [smart contracts](https://coinmarketcap.com/alexandria/glossary/smart-contract) and libraries users can use when building out their districts — enabling a wide array of potential use-cases. The native token of the district0x ecosystem is DNT — an ERC-20 utility token that is mostly used for community governance. The platform uses a combination of three main technologies: [Ethereum](https://coinmarketcap.com/currencies/ethereum/), Aragon and the InterPlanetary File Transfer Protocol (IPFS). The Ethereum blockchain is used for hosting districts, whereas Aragon is used as the governance layer for the district0x network, allowing DNT stakers to benefit from governance rights and help shape the development and operation of their chosen districts. Lastly, IPFS is used for serving the district0x website source code and for user uploads within districts.

Communtity feeds

  • Twitter source
    🧙‍♂️GranMago©🔮 Apr 04, 2025 at 03:55 am
    🎁 ¡SORTEO PAQUETE DE $USDT!💰 Los $USDT 💵 se enviarán al alzar a un afortunado/a ✍️Pon tu billetera TRC20 - Dale RT 🔁 - Sígueme en TG https://t.me/GRANMAGOFICIAL - Sígueme en X https://x.com/GranMag0 - Menciona a un amigo 🫂

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    フ ォ リ ス Apr 04, 2025 at 03:46 am
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    Satoshi Flipper Apr 04, 2025 at 03:43 am

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    XO Apr 04, 2025 at 03:22 am
    $ENA Keep coming...$ENA One I enjoyed trading from low 20s to $1.10 With some patience and timing, Id like to think this bases out again later this year (not sure when). It is these types of structures on alts where I look to build a spot position over many weeks in anticipation of an uptrend. x.com/Trader_XO/stat…

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    JrKripto Apr 04, 2025 at 03:07 am
    Breast Coin Basme is $ 50,000 in my basket $MIU I bought it .. Cost level: $ 0.000000010 $ #MEXC is listed on the stock market. I will sell my first profit on August 30th. I will not sell 1 penny until that day! My expectations are very high, your future $PEPE I'm falling.

  • Twitter source
    Brett Apr 04, 2025 at 03:01 am
    🚨KABOOOOOOOOOOOOOOOOOOOM! Ripple lawyer Stuart Alderoty says once the regulatory issues clear up and there's clear policy in the U.S., Ripple will be the go-to for enterprise crypto solutions. Just waiting on that official word from the SEC that the case is done! $XRP
  • Twitter source
    Elja Apr 04, 2025 at 02:55 am
    $BNB has held up really well despite crypto market weakness. $BTC, $ETH, $SOL and every other coin have made a new low after February capitulation event. But, #BNB is still up 18% from that level. And this is not due to speculation. $BNB acts as a fuel for Binance and BNB

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    IncomeSharks Apr 04, 2025 at 02:32 am

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