District0x ICO was a lukewarm success with a soft cap of 10M$ (43,169.47 ETH raised). But after a huge rally from 10M$ to 150M$, we have seen a massive dump, from 150M$ to 31M$. Greedy investors' FOMO got the best of them, they decided to join the boat. But actually, most of them didn't have any idea about the district0x project. They just expected a pump until the moon. With a 1500% 1-month ROI , a logical correction happened. We have been seeing a lot of weak hands selling now for about 3 weeks.

District0x is a great project managed by a skilled team. District0x is a network of decentralized marketplaces powered by Ethereum, Aragon, and IPFS. Districts are marketplaces and communities that exist as decentralized autonomous organizations on the district0x Network. All internet citizens will be able to deploy districts to the network free of charge, forever.

At this time, DNT hasn't been listed on important exchanges. They had to face a challenge concerning Bittrex. But the team has managed this issue with so much transparency, arranging a vote between the DNT holders. Today, District0x team is waiting on their US-based legal counsel to draft a memo reaffirming their stance that their tokens are not securities. Once they have this in hand, they will proceed with Bittrex's compliance review. In a nutshell, DNT will be listed on important exchanges sooner or later, and when it will happen, a great pump will most probably occur.

District0x project, this is just the beginning. As a primary goal, progress will continue to be made towards the launch of Name Bazaar (A peer-to-peer marketplace for the exchange of names registered via the Ethereum Name Service) by building out the rest of the various front-end pages. Smart contract testing for the back-end will also be conducted. As an extension of the Voting dApp, which allows token holders to vote on districts proposed as GitHub issues, they will also be generalizing this to build an issue prioritization dApp.

In the long run, I would definitely recommend to buy and hold DNT.

Disclaimer : I'm obviously a DNT holder from the beginning. Before investing, please read as much as possible about this project and remember that you should only invest what you can afford to lose.