DISTRICT0X
DISTRICT0X
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Type: Cryptocurrencies
Ticker: DNT
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More information about DISTRICT0X

About

The district0x network is a collective of decentralized marketplaces and communities known as ‘Districts’. Districts exist on top of a modular framework of Ethereum smart contracts and frontend libraries referred to as d0xINFRA.

The district0x network solves a number of coordination issues and inefficiencies commonly found within distributed community marketplaces. This is accomplished by providing tools that can better align incentives and decision making among the market participants themselves. The end goal is to create a self sustaining ecosystem that can flourish without the need for a central authority.

d0xINFRA is a standard open source framework comprised of Ethereum smart contracts and front-end libraries. With the development of Name Bazaar and Meme Factory, the district0x team is building the initial iteration of d0xINFRA, which will allow other development teams to launch their very own district.

Districts are marketplaces and communities that exist as decentralized autonomous organizations on the district0x Network. All internet citizens will be able to deploy districts to the network free of charge, forever. All districts possess the following core functionalities...

The district0x Network Token
To provide all internet citizens with an opportunity to freely join and contribute to any district, to align incentives across all of a district’s participants, and to implement coordinated decision-making mechanisms to the district0x Network, we introduce the district0x Network Token.

The district0x Network Token is a multi-utility token which is required for application to the district0x Network, utilized in an incentivized voting game to dictate access to a suite of ancillary services exclusive to network members, 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 design and branding, to its functionality, to its accepted code of conduct, to the integrations it utilizes, and beyond.

The District Registry
The District Registry is a decentrally maintained district whitelist, storing the credentials of districts which have been granted access to the district0x Network. Based on an incentivized voting game called a Token-Curated Registry, inclusion of a district in the District Registry signifies that the district has been accredited by district0x Network Token holders as non-malicious and value-additive to the district0x Network.

https://district0x.io
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