Aragon

Aragon

ANT
$7.98%1.20

Key Metrics

Price$7.98
Real Volume (24H)$4,719,449.18
Marketcap$344,728,882.84
Fully Diluted Valuation$94,298,587
ATH$14.64
ATH Date4/6/2021, 12:35:37 PM
ATL$0.301888
ATL Date11/27/2018, 3:00:00 AM
Circulating Supply40M
Total Supply43M
WebsiteN/A
WhitepaperN/A
Popularity Rank144
Chart
What is Aragon?

Aragon (ANT) is an open-source platform that provides developers with the infrastructure needed to create decentralized autonomous organizations (DAOs) and decentralized applications (DApps). The platform's native token, ANT, serves as the governance token for the Aragon ecosystem and is based on the ERC-20 standard.

Aragon (ANT) aims to empower communities to launch DAOs and raise funds through the distribution of cryptocurrencies. The platform also provides users with essential tools and services to build communities around capital assets and tokens. This includes the Aragon client, a launchpad that allows users to create organizations and monitor all actions by navigating various apps. The platform also aims to provide a decentralized governance platform for various organizations, such as subreddits, fashion companies, virtual businesses, and DeFi protocols.

Additionally, Aragon (ANT) is introducing several new features to enhance the governance and voting infrastructure on the Ethereum network. These include Aragon Govern, an improved framework for DAO governance on the blockchain, and Aragon Voice, a verifiable voting system and proposal platform that aims to provide high-end security and a gasless voting solution for token holders. The platform also introduced Vocdoni, a secure, verifiable, and digital voting system that helps traditional systems become familiar with blockchain-based voting mechanisms.

The ANT token is used to govern the Aragon ecosystem and allows token holders to make proposals in a decentralized organization, such as proposals involving the rules to govern the community or vote for upgrades in the fund-storing vault. Additionally, ANT allows users to participate in voting and dispute-resolution matters against hostile proposals.

Aragon (ANT) was founded by Luis Cuende and Jorge Izquierdo, and the legal steward of the project is the Aragon Association, a nonprofit organization based in Switzerland. The platform's mission is to provide a decentralized and open-source infrastructure for building and managing DAOs and DApps, while also promoting more efficient and transparent governance mechanisms.

Furthermore, Aragon (ANT) aims to provide a transparent and efficient way of managing and governing organizations. The platform allows for decentralized decision making, providing a more democratic and fair way of running an organization. The use of smart contracts and the immutable transaction history on the blockchain ensures that the rules and policies of the organization are transparent and enforceable.

Aragon (ANT) also provides a way for organizations to raise funds in a decentralized manner. The platform's launchpad allows users to create and manage their own tokens, and through the use of smart contracts, organizations can easily raise funds by issuing and selling their own tokens. This allows for a more efficient and transparent way of raising funds, as compared to traditional fundraising methods.

In addition, Aragon (ANT) is also making efforts to increase voter participation in governance decisions by introducing gasless voting. Gas charges are the fees that users pay to verify transactions on the blockchain, and by removing this barrier, Aragon (ANT) hopes to increase voter participation and make the governance process more inclusive.

Moreover, Aragon (ANT) is also working on creating a more secure and verifiable voting system through the introduction of Vocdoni. This will help traditional systems become more familiar with blockchain-based voting mechanisms and improve the transparency and security of the voting process.

In summary, Aragon (ANT) is an open-source platform that provides developers with the infrastructure needed to create and manage DAOs and DApps. The platform's native token, ANT, serves as the governance token for the Aragon ecosystem, and is used to govern the platform and make proposals in a decentralized organization. The platform aims to empower communities to launch DAOs, raise funds and provide rewards to contributors by distributing cryptocurrencies. Furthermore, it provides tools and services to build communities around capital assets and tokens, and create a more transparent, efficient and inclusive way of managing and governing organizations.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

Stay ahead of the competition by accessing high-quality data, advanced tools, and expert research.

Try for Free

Top Assets

AssetPrice24HMcap
Loading...

We use cookies for personalization, social media, and analytics, and share usage data with partners.