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District0x is a very large project with huge goals. The project is looking to create the internet 2.0 in a feeless decentralized manner by setting up districts. Districts similar to those in the hunger games where it's able to break down the internet into specialized communities. Through district0x they will be able to

Create, operate, and govern these communities and decentralized networks powered by Ethereum (contracts), Aragon (governance), and IPFS (file storage) to create the d0xINFRA Framework

Think Uber or AirBNB, but without the high costs of the middleman that can be set-up by any individuals. Ethlance and Name Bazar are both currently running on the district0x network with Meme Factory currently in the works.

Trading

As you can see from the chart above this coin has been a slow steady grower since the middle of March. 3 or 4 days ago the price dropped below the trend line, but as of this morning, it's back above that trend line on the 1-day chart. DNT is still at a great low price with no signs of slowing down on price and it still has 5x to run before it makes it back to all-time high.

I bought down around 700 Satoshi, but if I was looking to get in I would keep an eye one the 1300 Satoshi level for a strong volume breakout and close above the 382 fib level on the 1 day chart. This allows you to put a stop loss around 1100 or 1200 Satoshi and a take profit level of 1900 satoshi for what should be a relatively quick trade.

Concerns

Source

As far as I can tell the only use case for this coin is for voting rights in communities. The way this works is that you stake your coins in certain communities and that decides how much voting power you have in that community (think Steem Power determines how much voting power you have for witnesses). This can be a very powerful reason to buy some district0x.

However, this project is so ambitious that if it doesn't take off in popularity and no one creates any communities this coin will have 0 use. This is a very ambitious project and if it doesn't gain help from the community it will either never gain enough popularity to take off or be a very long-term play. As with most coins in crypto, this is a very speculative play.

Conclusions - TLDR

Source

Chart: 8/10
Growth: 6/10
Risk: 3/10
Future: 5/10

The slow growth of this chart looks really good for a possible breakout once alt season is here. It's imperative that the price of Bitcoin is watched if you decide to make this trade because if Bitcoin price starts to take off all alts will drop in comparison. However, since the price is only up around 2x from the lows in March, this is a lower risk compared to alts that have already reached or exceeded their all-time highs. This coin has a great foundation by utilizing 3 great technologies together but needs to the support of the community and the dev team to really take off. I think the release of the meme factory could be the catalyst that really causes this coin to take off.