Review on district0x by Syed Adnan
Decentralized and autonomous marketplaces.
The concept of interconnected districts and marketplaces promises a fancy structure of the modern economy. What a lot of users are missing out on is that it's not just a voting token, it's a staking mechanism. Stacking is essentially the process of mining POS coins. In the first place, investors will be able to lock their tokens into a specific district of the network, thus participating in its administration.
Pros
- Time-based staking.
- Stake hefted.
- Competence and reputation are hybrids.
- Liquid democracy or representative style governance.
Cons
- Perhaps cryptocoin will adopt this trend in the near future (given that the entire crypto market was due to bear's tendency).
