DNT

district0xDNT

Rank #152
Token
On 6,438 watchlists

district0x Price (DNT)

$0.1170
0.03%

0.000003663 BTC

0.00009518 ETH

Low:$0.1128
High:$0.1245
24h
DNT  district0x DNTPrice: $0.1170 0.03%
Market Cap
$70,198,562
0.03%
Fully Diluted Market Cap
- -
Volume
24h
$9,969,190
39.54%
Circulating Supply
600,000,000 DNT
Total Supply
1,000,000,000

district0x Chart

 

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About district0x

district0x price today is $0.116998 USD with a 24-hour trading volume of $9,969,190 USD. district0x is up 0.03% in the last 24 hours. The current CoinMarketCap ranking is #152, with a market cap of $70,198,562 USD. It has a circulating supply of 600,000,000 DNT coins and the max. supply is not available.

The top exchanges for trading in district0x are currently Binance, VCC Exchange, HitBTC, Coinbase Pro, and Uniswap (V2). You can find others listed on our crypto exchanges page.

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) 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 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, 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.

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 indicates that there were at least five additional contractors working for the firm in early 2021.

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. 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.

Check out Rarible (RAR) — a creator-centric NFT marketplace.

Check out Aragon (ANT) — a blockchain-based organization management solution.

Learn about Decentralized Exchanges with CoinMarketCap Alexandria.

Want to stay on top of the market at a glance? Then follow the CoinMarketCap blog!

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), 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.

How Is the district0x Network Secured?

DNT is an ERC-20 token. As such, it is secured by the underlying Ethereum blockchain. As of January 2021, this uses a proof-of-work (PoW) 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 (PoS) network instead — offering similar levels of protection against attacks at a lower energy cost.

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;

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) with fiat, and then exchange it for DNT.

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DNT

district0x

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USD

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DNT Price Statistics

district0x Price Today
district0x Price$0.1170
Price Change24h$0.00003241

0.03%

24h Low / 24h High
$0.1128 /
$0.1245
Trading Volume24h$9,969,190.31

39.54%

Market Dominance0.01%
Market Rank#152
district0x Market Cap
Market Cap$70,198,562.08

0.03%

Fully Diluted Market CapNo Data
district0x Price Yesterday
Yesterday's Low / High
$0.08971 /
$0.1190
Yesterday's Open / Close
$0.1025 /
$0.1136
Yesterday's Change

10.79%

Yesterday's Volume$14,151,807.83
district0x Price History
7d Low / 7d High
$0.08971 /
$0.1272
30d Low / 30d High
$0.04152 /
$0.2088
90d Low / 90d High
$0.007793 /
$0.2081
52 Week Low / 52 Week High
$0.002183 /
$0.2081
All Time High
Jan 06, 2018 (3 years ago)
$0.4829

75.77%

All Time Low
Mar 13, 2020 (10 months ago)
$0.002183

5259.09%

district0x ROI

524.41%

district0x Supply
Circulating Supply600,000,000 DNT
Total Supply1,000,000,000 DNT
Max SupplyNo Data

district0x Markets

No Data

district0x News

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