district0x-District Network Token (DNT) is an ERC-20 compliant token developed on the Ethereum blockchain aimed to securely facilitate coordination and open participation across the network. This token is a multi-utility token and is used for governance, incentivizing voting and staked for minting tokens on the network. The purpose of Distrix0x network is to facilitate decentralized governance and operations of marketplaces. The governance protocol adopted in District0x is based on Aragon whichShow more [+] is an operating system for decentralized entities. For voting on the District0x network, the numeric parameters are flexible and can itself be proposed or changed using voting. The initial parameters are defined by District0x in which a minimum number of token deposit requirement is 1000 DNT. The voting period length is 24,200 blocks.
The District0x network consists of districts (markets or communities) built upon d0xINFRA framework. The baseline functionalities integrated into each district are posting and listing, Search and filtering, ranking and reputation, payments and invoicing. The examples of the practical implication of District are Ethlance-a freelance job market, Name Bazaar and Meme Factory.
District0x was founded by Matus Lestan and Joe Urgo. M. Lestan has a strong background and worked as a developer of 8 years in the freelance market. J.Urgo is the founder and CEO of Sourcerers and was a former operation manger at Coinbase. The team consists of 6 other members. There are 5 members in the advisory board including Luis Cuende, co-founder at Aragon. Five production studios are also working on this project including Griflan Desing and Sourcerers.io
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