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District0x

Tools · Onboarding
OverviewChartsMonitoringResearchNewsMarketsAboutDistrict0x
OverviewChartsMonitoringResearchNewsMarketsAboutDistrict0x

About

District0x is a platform that aims to allow developers to create decentralized marketplaces and communities, know as "Districts." These Districts strive to solve the coordination issues and inefficiencies seen within most distributed markets. From a structural standpoint, Districts exist on top of an open-source framework of Ethereum smart contracts and front-end libraries collectively referred to as d0xINFRA. The platform also features an ERC-20 token, DNT, that owners can use to access and even help govern (through a stake-weighted voting mechanism) specific communities.

History

Established in 2017, district0x is a network of decentralized marketplaces and communities powered by Ethereum, Aragon, and IPFS. Marketplaces on the network, also known as districts, are built upon a standard open-source framework comprised of Ethereum smart contracts and front-end libraries. Districts provide the core functionalities required to operate an online market or community. Namely, the ability for users to post listings, filter and search through listings, rank peers and amass reputation, and send invoices and collect payments.

The district0x Network Token (DNT) is used as a means of facilitating open participation and coordination on the network. DNT can be used to signal what districts should be built and deployed by the district0x team and can be staked to gain access to voting rights in any district on the district0x Network.

Voting rights are utilized to come to a consensus on everything ranging from a district’s branding and design decisions, to what functionality is added to the district via auxiliary modules, to the appropriate settings for any adjustable parameters of these modules, to the means in which any revenue collected by a district is to be distributed, and beyond.

Currently, there are three active districts, Ethlance, Name Bazaar, and Meme Factory:

  • Ethlance, launched in Jan. 2017, is a first of its kind job market platform for connecting freelancers and developers with employers. Its database runs entirely on the Ethereum public blockchain, and front-end source files are distributed on IPFS. As such, Ethlance is fully decentralized.
  • Name Bazaar, launched in Oct. 2017, is a peer-to-peer marketplace for the exchange of names registered via the Ethereum Name Service.
  • Meme Factory, launched in May 2019, allows users to create and trade provably rare digital assets (typically in the form of memes) on the Ethereum blockchain.

district0x intends to release its District Registry soon, which will replace the current voting system district creation with a community-driven token curated registry (TCR). The registry will allow for on-chain governance within each district as well as governance over the district0x network at large. For the remainder of 2020, the team is targeting several releases, including a rework of its original marketplace and district (Ethlance), and the initial release of our district creation kit. Another release could introduce a new district altogether.

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