Aragon

• Aragon (ANT) is a digital token on the Ethereum blockchain.

• It serves as the backbone of the Aragon network, designed for creating, managing, and governing decentralized autonomous organizations (DAOs).

• It aims to provide an opt-in digital jurisdiction for DAOs and sovereign individuals, facilitating decentralized infrastructure for value exchange and governance.

• They are used for governance within the Aragon ecosystem.

• Allows holders to participate in decision-making processes and network management.

• It involves a continuous token model where ANT can be minted by the network following the initial sale, with a cost associated with minting new tokens.

• A percentage of the fees organizations pay to join the network funds the minting of new ANT, incentivizing organizations to contribute and become more influential in network decisions.

Market Data

As of today 21 November 2024, the price of Aragon is ₹0 INR, with a 24-hour trading volume of 23524 USD. The market capitalization for Aragon is 114157951.9USD. The circulating supply is 43192285.43 Aragon, with the total supply also being 43192285.43 Aragon.

Token Pros and Cons

Pros:

• Provides a platform for creating and managing DAOs with ease.

• Facilitates decentralized governance and decision-making.

• A continuous token model incentivizes participation and contribution.

Cons:

• It is relatively complex for newcomers to understand and participate in.

• ANT's success and utility heavily depend on the adoption and growth of the Aragon network and its DAOs.

Why Should You Invest in the Coin

• Investing in Aragon (ANT) could be considered for those who believe in the future of decentralized organizations and governance.

• As the platform grows and more DAOs are created and managed through Aragon, the demand for ANT could increase, potentially leading to an appreciation in value.

• Being a part of the Aragon ecosystem allows investors to participate directly in the governance and direction of the network.

USP of the Coin

• The unique selling proposition (USP) of Aragon (ANT) lies in its comprehensive framework for creating and managing DAOs on the Ethereum blockchain.

• It offers a decentralized jurisdiction and governance model that is adaptable, secure, and designed to facilitate value exchange within the ecosystem.

Problem the Coin is Solving

• Aragon addresses the need for a standardized, secure, and flexible platform for creating and governing DAOs.

• It solves the problem of coordinating and governing decentralized organizations trustlessly, providing tools and infrastructure for decentralized decision-making and value exchange.

Founder and Team Background

• Luis Cuende and Jorge Izquierdo founded Aragon.

• Luis Cuende is a recognized figure in the blockchain community, named to Forbes' 30 under 30 list.

• Jorge Izquierdo has a solid technical background in blockchain and innovative contract development.

• Together, they aimed to address societal crises and governance failures through decentralized solutions.

ICO Price

• The Aragon Network Token (ANT) sale raised 275,000 ETH in 26 minutes during its ICO, marking it the 4th largest crowdfunding event.

• The exact ICO price in USD varied due to ETH price fluctuations, but the event was highly successful, indicating initial solid interest and support for the project.

Risks Associated with Investing in the Coin

• Investing in Aragon (ANT) carries several risks, including market volatility, regulatory changes, and reliance on the continued development and adoption of the Aragon network and its DAOs.

• Recent news about Binance delisting ANT and other tokens highlights the potential for liquidity and accessibility challenges.

• Investors should conduct thorough research and consider these factors before investing.

Whitepaper Insights

The Aragon whitepaper outlines a vision for a decentralized platform that enables the creation and management of DAOs, offering an alternative to traditional organizational structures. Key points include:

• Introduction to DAOs

• : The whitepaper begins by discussing the limitations of traditional organizational structures and the potential of blockchain technology to create decentralized, autonomous organizations that operate transparently and efficiently.

• Aragon Core and Network

• : It introduces Aragon Core, a dApp that allows anyone to create and manage any organization. The Aragon Network is then described as a digital jurisdiction that provides services like decentralized arbitration.

• Token Model and Governance

• : The whitepaper details the ANT token model, emphasizing its role in governance and the continuous token model incentivizing participation. It explains how ANT holders can influence the network's direction and policies.

• Network Services and Adaptability

• : The document elaborates on the services offered by the Aragon Network, including a decentralized court system for dispute resolution. It also discusses the network's adaptability, allowing organizations to customize their governance structures.

• Security and Upgradeability

• : The whitepaper addresses the security measures and upgradeability strategies for the Aragon Network, ensuring that it remains resilient against attacks and can evolve.

: The document concludes with a vision for how Aragon can facilitate a new era of decentralized organizations that are more efficient, transparent, and equitable than their centralized counterparts.