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Turkmenistan
2 Level
64 Review
317 Karma

Review on district0x by Saparov Meylis

Revainrating 4 out of 5

district0x: About the district0x project!!!

District0x network token



To enable all internet citizens to freely enter and contribute to any neighborhood, coordinate incentives with all neighborhood members, and implement coherent decision-making mechanisms in the district network, we are introducing the District0x Sign network.



The District0x Network Token (DNT) is a token used by holders to join districts and participate in their governance. Once the District0x network tokens are installed in the district, participants will receive an equivalent amount of voting rights in the district.



Voting rights can be used to participate in the processes that govern everything from the branding of the area, to its adopted code of conduct, to the subsidiary modules that are integrated, and how the fee charged by the subsidiary revenue generating modules is used further.







The Genesis District0x contract will sell 1,000,000,000 DNT tokens. On July 18, 2017, the District0x Factory is holding an initial donation period to kick off the DNT token distribution process and support further development efforts for the District0x project.



For the further distribution of DNT tokens, up to 2 additional periods of contribution can be provided. This can only happen after the deployment of key stages of the roadmap and if additional funding is needed to complete the project.

Pros
  • Quite an interesting platform project that allows you to create marketplaces in various areas.
  • If the development is successful, the tokens will be in high demand, which will fully recoup the funds invested in them.
  • A wide range of tools for creating various sites in any area.
  • Reducing the total cost of goods and services for users due to complete decentralization and work without intermediaries.
  • The opportunity for investors to take part in the development of the project, vote for certain platforms.
  • Already launched projects such as Name Bazaar, Ethlance, as well as Meme Factory are preparing to launch
Cons
  • As for the disadvantages, they include the fact that the project is not unique and it already has competitors creating markets for solving various problems.

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