Aragon

What is Aragon?

Aragon Token or ANT is utility token supporting the Aragon project. The latter is a blockchain solution for developing and launching decentralized applications (dApps).

ANT is based on ERK-20 token standard. This means that it can be stored on most digital wallets that support tokens created under the ERC-20 standard.

The Aragon token mainly serves governance token. This means that ANT holders get voting rights and, in turn, the right to determine the future of the Aragon crypto project.

The token sale took place in mid-2017, during which Aragon managed to raise approximately $25,000,000 in less than half an hour.

Anyone can purchase Aragon tokens through major supported exchanges. You can check our recommended exchanges in the section above.

There is no publicly available information about the maximum limit of Aragon tokens. ANT tokens were distributed as follows:

• 70% – Private sale and Public sale;
• 15% – Aragon Foundation;
• 15% – founding team and early participants.

Since ANT is a cryptocurrency, its volatility can be high. To make an informed purchasing decision, be sure to check out Aragon’s price history or current ANT price in the chart above.

What are the main features of Aragon?

As discussed in the What is Aragon section, Aragon is a dApp development platform deployed on the Ethereum blockchain. Its main function is promote the creation of decentralized autonomous organizations based on Ethereum, also known as DAOs..

In addition to helping users run their own DAO, Aragon provides all the tools needed to manage it. Some of its main features include identity management system, access control, crowdfunding, shareholder voting integration.and many others.

Simply put, Aragon has all the essential elements (governance, identity and accounting) that are inherent to any type of company.

Aragon is an open source project. This means that its codebase is publicly viewable by anyone.

The Aragon team is currently developing its own blockchain. The key role of this blockchain is to introduce digital jurisdiction which is one of the main goals of the project.

This digital jurisdiction can be considered the first digital court in history.

Who developed Aragon?

The idea of ​​the Aragon crypto project was born at the end of 2016 and officially launched at the beginning of 2017. from the Aragon Foundation – non-profit organization. The latter is a blockchain platform based in Switzerland. co-founder Jorge Izquierdo And Louis Cuende.

Jorge Izquierdo is a software developer who has been working in the industry since he was a teenager. When he was just 15 years old, Izquierdo received an Apple WWDC Fellowship as well as a Thiel Fellowship. At Aragon, Jorge Izquierdo is a member of the board of directors. He is also the CEO of Aragon One.

Louis Cuende heads the Aragon project. He is a software developer named to Forbes’ 30 Under 30 in Europe list. Cuende also sits on the Advisory Board of the Madrid blockchain company.

Aragon also managed to assemble a solid advisory board, which included experts from some of the big players in the crypto industry, such as Brayton Williams of Boost VC and Jake Brookham of CoinFund.

Tim Draper is one of the main investors in the Aragon project. He bought about 2.5% of the total supply of Aragon tokens.

In the future, the Aragon Foundation hopes to withdraw from the project, since Aragon aims to become a completely community-driven DAO..

Interested? Be sure to take a look at the price of Aragon in the chart above.