The District Weekly — June 15th, 2019

News and updates from the district0x Network

This past week the district0x team delivered on several previously outstanding tasks. On Tuesday the bi-weekly Dev Update was published, detailing the current project statuses of Meme Factory, the District Registry, Name Bazaar, and Ethlance. Overall, development resources are shifting from largely being focused on Meme Factory back to a more parallel development model.

The Q1 2019 Report was also published this past week. A key excerpt from the summary regarding the longevity of the project —

“Due to steps taken to cut costs during the market downturn last year, and this year’s subsequent recovery, the project remains on solid financial footing with more than 6 years of runway in Ether reserves at current run rates.”

In other good news, NameBazaar names have been successfully rescued! Astonishingly, not a single transaction failed, and all 5674 names were transferred back to their owners. A more detailed announcement regarding this issue was also published this week.

And finally, the Justin Sun — Warren Buffet Meme Contest wrapped up with a bang. Out of 8 submissions, 3 were granted prestigious entry by way of community voting into the Meme Factory Registry. And of those 3, the meme with the highest overall sales, and contest winner is:

Big shout out to everyone who participated. We look forward to more contests and if you have any feedback or ideas about the contest please reach out to the community on Discord. The other 7 entrants will receive 20k DANK, the winner will receive 250k DANK, and these contest rewards will be sent out this week. Please also feel free to check out our new Meme Factory interaction on cent.co.

district0x Network News

Dapp Digest

In the latest Dapp Digest we talked with Kyle from BZX Network about their new launch Fulcrum, a margin lending and trading platform build on Ethereum

Stay tuned for our regular community livestream every other Tuesday at 3PM PDT (10PM UTC) as a forum for discussing recent updates to the district0x Network. You can join us on Mixer, Facebook, Twitch, and YouTube.

District Proposals

No new proposals this week!

If you’d like to learn more about submitting your own idea as a proposal, check out the district proposal github repo for instructions and more information.