About district0x
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.
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Buyer Ratio
Traders
82
-11.83%
Buyers
31
-16.22%
Sellers
53
-11.67%
Searched
19
Market Stats
Market Cap
₹2.30B
0.44%
FDV
₹2.30B
Circ. Supply
1B DNT
Max Supply
Not enough data
Total Supply
1B DNT
Diluted Valuation
₹2.29B
Performance
Popularity
#695
Dominance
0%
Volume (24H)
₹5.37M
71.93%
Volume (7D)
₹38.82M
Volume (30D)
₹152.63M
All time high
₹42.94
Price Change (1Y)
-40.11%
Additional details
Recent trends
The latest DNT price is ₹2.29. Compared to district0x's value of ₹2.26 from 24 hours ago, there's been a 2% increase, while the current price is -7% down from ₹2.44 which was recorded one week ago. district0x's all time high is ₹42.94, which was reached on April 19, 2021. This is a -95% change from its price today.
The market cap is currently ₹2.30B, which is a result of multiplying the current price of district0x(₹2.29) by the total supply(1,000,000,000 DNT). The fully diluted valuation of district0x is ₹2.30B. The diluted valuation of district0x is ₹2.30B.
Market details
DNT vs markets
↘ 56.23%
DNT vs BTC
↘ 62.66%
DNT vs ETH
↘ 14.88%
Tags
platform
payments
reputation
web3
Network & Addresses
Network | Address | |
---|---|---|
Ethereum | 0x0AbdAce70D3790235af448C88547603b945604ea |
Price history
Time | Price | Change |
---|---|---|
Today | ₹2.29 | ↗ 1.53% |
1 Day | ₹2.26 | ↗ 1.53% |
1 Week | ₹2.44 | ↘ 7.02% |
1 Month | ₹2.63 | ↘ 13.96% |
1 Year | ₹3.69 | ↘ 40.11% |
FAQ
District0x is a platform that enables users to establish their own decentralized platforms, known as "districts". These districts are governed by a decentralized autonomous organization (DAO) structure, providing a framework for a wide array of potential use-cases. The district0x ecosystem utilizes the DNT token, an ERC-20 utility token primarily intended for community governance. The platform leverages three main technologies: Ethereum for hosting districts, Aragon for the governance layer, and the InterPlanetary File Transfer Protocol (IPFS) for serving the district0x website source code and user uploads within districts.
District0x operates by providing a set of smart contracts and front-end libraries that developers can use to launch their own districts. This allows for a simple platform for community governance and a wide range of potential use-cases. The Ethereum blockchain is used for hosting these districts, while Aragon is used as the governance layer, enabling DNT stakers to participate in the development and operation of their chosen districts. IPFS is used for serving the district0x website source code and for user uploads within districts. The DNT token is intended for community governance, aiming to give token holders a say in the operation and development of the districts.
District0x aims to address inefficiencies in creating and operating distributed community marketplaces. It provides a set of smart contracts and front-end libraries that developers can use to launch their own districts, offering a platform for community governance. Some of the most popular districts include Ethlance, a decentralized job market, Name Bazaar, a peer-to-peer ENS names marketplace, and Meme Factory, a district that provides a simple interface for the creation of rare digital assets. These districts demonstrate the potential use cases for district0x, from job markets to digital asset creation and trading.
District0x was founded in February 2017 by Joe Urgo and Matus Lestan. Urgo is a former professional poker player turned derivatives trader with a history of working as an advisor in the cryptocurrency space. Lestan is a programmer and developer with nearly a decade of experience working with web and mobile applications. A portion of the DNT tokens were distributed to participants of an initial coin offering, contributing to the operation of the district0x platform.