District0x Overview: What You NEED to Know

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► Our long form review here: https://www.coinbureau.com/review/district0x-dnt/
► Binance Review: https://www.coinbureau.com/review/binance/
► CoinBase Pro Review: https://www.coinbureau.com/review/coinbase-pro/

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⛓️ 🔗 Helpful Links 🔗 ⛓️

► Website: https://district0x.io/
► Whitepaper: https://district0x.io/docs/district0x-whitepaper.pdf
► Education Portal: https://education.district0x.io/
► GitHub: https://github.com/district0x

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📱️ Socials 📱

► Official Blog: https://blog.district0x.io/
► Twitter: https://twitter.com/district0x
► Telegram: https://t.me/district0x

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📝 Overview 📝

District0x is a project that is developing a collection of decentralised marketplaces. You can think of them as different districts which are Decentralised Autonomous Organisations (DAOs).

District0x is built on top of the Ethereum blockchain and the key component powering it is the d0xINFRA infrastructure. This is a stack of libraries and Ethereum Smart contracts.

The network also uses technology from InterPlanetary File System (IPFS). This provides additional security to the users on the network with their data.

One more component that was just released was that of Aragon which is a platform that is designed to allow for deployment of these virtual organisations.

There are three districts that have been created on the network. However, these districts were developed by the District0x team. You still cannot create your own districts on the network as of yet.

These are the Ethland freelance marketplace that was the first district that was created on the network. Then you have Name Bazaar which is a decentralised marketplace for ENS domains and finally you have the meme factory which is a marketplace that you can buy and sell tokenized memes.

The project held an ICO back in July of 2017 and were able to raise a total of $9m in exchange for 600 million of their DNT utility token.

DNT tokens are currently being traded on a number of exchanges including Binance, Coinbase Pro and Mercatox. The bulk of the trading is on Binance though.

There are healthy levels of volume on this exchagne though which means that liquidity is not likely to be a concern for large block orders.

Once you have your DNT tokens, you will need a place to store them. They can be held in any ERC20 capable wallet although we would recommend a hardware wallet.

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📜 Disclaimer 📜

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#Crypto #District0x #DNT #blockchain #Review #token #DAO #Ethereum #cryptocurrency

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