Topic: [ANN][DNT] District0x - 🔵 Namebazaar.io LIVE! - page 51. (Read 114954 times)

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https://contribution.district0x.io/




CONTRIBUTION PERIOD

Start Time: July 18, 2017 at 3:00 p.m. UTC
Duration: Two weeks, or 48 hours after the soft cap is exceeded, or immediately when the security cap is reached.
Soft Cap: $10M USD equivalent in ETH
Security Cap: $50M USD equivalent in ETH


TOKEN DISTRIBUTION

We have taken numerous steps to ensure a level playing field for all and to try to achieve a wide distribution of district0x Network Token holders.

No whitelisted addresses
No 3rd-party allocations
No bonus structure
50 Gwei max gas price
Community Advisor Program
District Proposal Rewards




Tokens reserved for future contribution periods will only be issued in the event that additional funding is needed and key roadmap items have been completed. They will otherwise be burned.
The founding team’s stake vests over the course of 2 years with a 6 month cliff.

ROADMAP



MISSION STATEMENT

The district0x Project will facilitate the operation and governance of marketplaces and communities, referred to as “districts”. Districts will operate as decentralized autonomous organizations which will enable the recreation of many of the internet’s most popular applications and services while eliminating rent-seeking and the relinquishment of decisions and personal data to third-parties.

OUR VISION

The development of the Ethereum protocol has opened the door for experimentation in decentralized organizational structures and the distribution of governance rights to a network’s participants. Projects such as Aragon, Boardroom, Colony, and Giveth are actively working to harness the powers of Ethereum, building platforms that enable non-technical users to create and administrate decentralized organizations. These tools allow for new means of group coordination through economic incentives, making it possible to disintermediate marketplaces and communities and to allocate voting rights to their participants. In short, citizens of the internet can now build and control the platforms they frequent every day.

The district0x Network seeks to be home to a vast array of decentralized markets and communities all of which are governed by holders of the DNT token. In accordance with this vision, d0xINFRA has been designed as an open and extendable modular system that allows districts to implement unique features and enhanced functionality via the plug-in of auxiliary modules.

In addition to Ethlance, launched in 2017, we plan to launch two additional districts. The first will be ENS Bazaar, a peer-to-peer marketplace for the exchange of names registered via the Ethereum Name Service. The second will be Meme Factory which will allow users to mint their own provably rare tokenized memes which can be immediately posted to a bulletin board-style marketplace for sale or exchange.



As a contributor, why should I consider contributing to district0x?

By contributing to district0x you will receive district0x network tokens (DNT) which when staked, enable token holders to exert voting right on district proposals and exert decision making within particular districts. Examples of the types of decision rights token holders can make: voting on proposals which guide the future of a particular district, setting district fees, sharing in network rewards. The extent and scope of shareholder right will be outlined in each district's bylaws and will vary according to the specific scope and purpose of each district.

As a potential user, why should I consider using district0x?

Users of the district0x platform will be able to interact with and use the functionality and services which will be offered by each district. Users will also be able to freely create their own districts. For example, on Ethlance, the first district in the district0x network, users are able to post job listings and find jobs.

As a blockchain enthusiast, why should I consider district0x?

district0x enables the formation and governance of decentralized autonomous organizations. Decentralized autonomous organizations are the first step in this process. district0x enables the formation and governance of a districts which can operate as DAO’s.

district0x NETWORK TOKEN (DNT)

The district0x Network Token (DNT) is integral and serves a vital role within the district0x network. DNT is used to provide users an opportunity to freely join and contribute to any district, to align incentives across all of a district’s participants, and to implement coordinated decision-making mechanisms to the district0x Network. One DNT is minted and staked anytime a new district is created. The DNT also operates as voting rights which may be bought on the open market, and then stakes in order to participate in the governance of individual districts.