Aragon
ANT

8.040
$
3.52 %
Change 24h
Genesis
May 15, 2017
Market Cap
$ 322,750,799
Volume 24h
$ 5,069,854
Circulating Supply
40,039,312
Total Supply
43,166,061
ANT
$
# Exchange Pair Price Volume 24h

Description

Aragon is a decentralized app (dApp) on the Ethereum blockchain that allows anyone to create and manage a decentralized organization. The Aragon project is open source and led by the Aragon Foundation. It also includes a token, ANT, that grants voting rights to make decisions about the direction of future development. Eventually, Aragon hopes to be a fully decentralized autonomous organization and dApp that’s a neutral jurisdiction for anyone to create an organization on the blockchain. In the early days of development, the project is relying on the nonprofit Aragon Foundation to provide direction and support as the project gets off the ground. The idea, however, is to eventually dissolve, scale back, or change the nature of the Foundation as community support grows. In the future, Aragon will be entirely decentralized and community led. Holders of the ANT token will have voting rights on all issues concerning Aragon. Aragon is an open source, non-profit project. It has many contributors. It also doesn’t technically have a CEO or CTO. Instead, it has a project lead. But don’t get it twisted, the lead is essentially the CEO. uis Cuende is leading the project. In 2011, he received a “Best Underage European Programmer” award, and he’s a recipient of Forbes’ 30 under 30 recognition. He’s a young guy, but with leadership and technical chops. He has advised the Vice President of the European Commission and is an MIT Innovators Under 35 awardee. He has founded several startups and created the first Linux distribution with face login. Aragon offers several core features. It has a module for identity management and closely related modules for ownership and access control. Other modules include shareholder voting, fundraising through token generation, HR onboarding and payroll, and accounts payable/receivable. Taken together, the core functionality of Aragon covers the critical aspects of accounting, governance, and identity that make modern companies work. As you can see, these modules make up most of the administrative functions that a modern company or organization requires. It’s important to emphasize that these modules can individually be turned on and off, providing instant customization for the company’s needs. In addition, all of the code behind Aragon is open source. A company’s development team could edit them as needed to fulfill the company’s requirements. The modular design of Aragon doesn’t stop with the core modules that come standard. Just as companies can edit existing modules, they’re free to develop completely new models as well. They can also develop atop the data and structures of existing models for extended functionality. The modular nature of Aragon, combined with its open source ethos, means we could see a whole ecosystem of free to use modules that extend capacity for organizations on Aragon. Aragon explicitly has the goal of creating a digital jurisdiction. Just like countries have jurisdiction over their citizens when it comes to courts of law, Aragon wants to create the first digital court of law. This court wouldn’t operate based on country boundaries. Instead, it would help enforce digital contracts between organizations on the Aragon platform. The ANT token is the native token of Aragon and plays a critical role in the governance model and incentive structure of the platform. It represents the wealth of the decentralized economy and was initially sold during Aragon’s highly successful ICO in May 2017 that raised $24 million. Subsequently, the ANT token has come to represent a powerful share of the governance on the platform. ANT holders can vote on proposals, participate in arbitration and the decentralized court system, and help contribute to the non-profit Aragon Foundation or to research and development through the Aragon Nest program.

Aragon ANT Review: Unraveling the Potential of a Crypto Powerhouse

Have you found yourself wondering about the investment prowess of Aragon's ANT token? If that's the case, you're certainly not alone. The cryptocurrency realm is buzzing, and Aragon has been a name of interest for many investors looking to tap into the potential of decentralized governance. So, let's unpack the layers of Aragon’s ANT and see what the buzz is all about.

The Question of Investment Worthiness

It's easy to get caught up in the green days and upward price trends that cryptocurrencies like Aragon's ANT have experienced. With 17 out of the last 30 days closing in the positive, it's tempting to simply ride the wave of past performance. Yet, truly savvy investors know there's much more to consider. Can Aragon continue its rise, or has its peak already passed?

The Profitability Assessment

Investing is never just a game of numbers - it's a strategic play honed by looking at trends, understanding market dynamics, and assessing the potential of the asset in question. So, when we talk about Aragon, we are looking at a token that has seen a staggering surge of over 150% in price. Impressive, to say the least, but what does that really mean for future prospects?

  • Is this growth sustainable in the long term?
  • What factors contribute to its current valuation?
  • How does the Aragon network's functionality influence its token’s profitability?

The appeal of Aragon extends beyond its current profitability and hinges on its role within the crypto ecosystem. With the landscape of decentralized finance constantly evolving, certain crypto assets are poised to lead the charge into this new territory. The critical question is: Could Aragon ANT be one of those leading lights, and what implications does that have for potential investors?

Well, we’ve only begun to scratch the surface. Aragon is a multifaceted entity with numerous layers to explore. Whether its past price performance is an indicator of its future remains to be seen, and there's certainly more to the story. Keen to understand how Aragon makes its mark in the world of cryptocurrency? Stick around - the secrets to its money-making mechanisms are up next, and you won't want to miss what's coming in part $part2$.

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Unpacking Aragon's Money Making Mechanisms

Ever wondered how a cutting-edge platform like Aragon keeps the crypto cogwheels spinning lucratively? It's not magic; it's methodical. Here, we're scrutinizing the nuts and bolts of what propels Aragon's monetary momentum.

The Aragon Association

At the helm of Aragon's financial fleet is the Aragon Association, a not-for-profit entity that adeptly steers the funds accrued from token sales. Picture this – it's akin to a guardian, meticulously overseeing resources while fostering a robust ecosystem. Their stewardship ensures the longevity and vibrancy of Aragon's capabilities. Quite a refreshing setup from the traditional profit-driven corporeal, wouldn't you say?

Tokenized Operations

In the pulsating heart of Aragon, tokens are more than mere currency; they're cogs in a vast, decentralized engine. Here's how they revolutionize operations:

  • Fuel for Governance: Holders of ANT tokens are not just investors; they're decision-makers who vote on pressing developmental prospects. Imagine wielding the power to shape the blueprint of the very platform you invest in!
  • Staking Grounds: When you stake ANT, you're not only expressing your confidence in Aragon's future but also reaping potential rewards. It's a trust-based symbiosis that empowers both the network and its patrons.
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"To move fast and break things might not only be the mantra of startups but of entire governance structures built on innovation and people power," a sentiment echoing the transformative era Aragon thrives in.

Has this sparked your curiosity, enticed your investor senses? Your intuition might be tingling with questions about the platform's foundation and its synergy with Ethereum. Are these monetary mechanics robust enough to sustain Aragon's vision long-term? Keep your eyes peeled; answers lie just around the digital corner.

Understanding Aragon's Foundation: Here's What It's Built On

Can't talk about Aragon without mentioning its roots. It's akin to exploring a giant tree without acknowledging the deep, unseen roots that anchor it firmly to the ground and nourish its growth. Let's unearth the fertile soil from which Aragon springs.

The Ethereum Connection

Many crypto enthusiasts know that Aragon doesn't just exist in a vacuum—it thrives on the rich, decentralized soil of Ethereum's blockchain. This isn't just a casual relationship; it's a profound connection that could mean the difference between thriving success and a tumbleweed in the crypto desert.

  • Aragon leverages Ethereum’s infrastructure to enable DAOs to flourish with unparalleled security.
  • Its synergy with Ethereum means that as Ethereum grows and scales, so does the potential of Aragon.

When you ponder about the marriage between Aragon and Ethereum, one can't help but imagine the boundless opportunities. It’s like a dance of two powerful forces, moving in sync toward an innovative future. But how deep does this dance floor go, and what tunes will they dance to in the coming times?

The Rinkeby Test Network

Moreover, Aragon also operates on the Rinkeby test network of Ethereum. To the uninitiated, this might seem like a mere technicality, but in the realm of crypto, it’s akin to an artist first sketching on a rough canvas before the final masterpiece.

Here's what this entails:

  • Rinkeby provides a sandbox environment where Aragon can be tested, improved, and perfected.
  • It hints at the developmental agility of the Aragon project, where innovations can be deployed, tested, and refined without risking the mainnet operations.

Understanding the significance of Rinkeby for Aragon is understanding the dedication to meticulous crafting and improvement. Just like a diamond emerges sparkling after being carefully cut and polished, Aragon too shines brighter due to its presence on the test network. Now, imagining the future, when Aragon moves beyond Rinkeby to implement these robust features on the mainnet, one can only envision the proliferation of its potential to new heights.

“A tree’s beauty lies in its branches, but its strength lies in its roots.” — much like Aragon, whose aesthetic might captivate us, but it’s truly the strength of its underlying technology that empowers it.

With these insights on its foundation, you're likely teetering on the edge of your seat, eager to find out how to welcome Aragon into your portfolio. Stay tuned, as we look into the avenues and methods to purchasing Aragon Ants, and remember, the road to investment is paved with knowledge – a treasure that is just within reach.

Buying Aragon ANT: Here's Where and How

If the idea of investing in Aragon has sparked your interest, you're likely wondering just how to get your hands on some ANT. Fear not, because I'm about to lay out the precise steps you'll need to secure your slice of the Aragon ecosystem.

Making Your Purchase

Step one is finding a reliable exchange that lists Aragon ANT. A fan-favorite is Binance, known for its robust security and user-friendly platform. Of course, other exchanges offer ANT, so pick the one that aligns best with your needs in terms of fees, ease of use, and trustworthiness. To initiate your purchase, you'll likely start by depositing funds - be it fiat or cryptocurrency - into your exchange wallet.

Once your account is good to go, navigate to the trading pair that matches your deposit (ANT/USD, ANT/BTC, etc.), and place your order. You could go with a market order for an instant purchase at the current price or set a limit order to buy ANT when it hits your desired rate. It's somewhat akin to catching a wave – timing and technique are everything.

Ensuring Secure Transactions

Safety tip alert! Before you confirm that purchase, let's talk security. Two-factor authentication (2FA) should be your new best friend. It's like adding a robust deadbolt to your digital front door. Also, be aware of phishing scams – if that email or message looks suspicious, trust your gut and verify it through official channels. And for heaven's sake, keep your private keys private. Treat them as you would a secret only your diary knows.

Aragon.org: Your Ultimate Crypto Resource

But maybe you're the type who prefers to understand the depths of what you're investing in. If that's the case, head over to aragon.org for an encyclopedic wealth of information. Here, you can immerse yourself in everything from the fundamentals of the Aragon project to advanced governance mechanics. Think of it like the ultimate guidebook for your cryptographic journey into DAOs.

Now, with this newfound knowledge, you've edged ever closer to making an empowered investment decision. But the real question remains: is Aragon ANT the missing piece in your portfolio puzzle? Stay tuned for the upcoming section, where we'll pour over the enlightening conclusions that could potentially tip the scales in your investment journey.

Summing up Aragon: All You Need to Know

After taking a close look at Aragon and its ecosystem, it's time to draw some key conclusions that can help you evaluate whether it's the right investment for you. There's certainly a lot to consider when you're thinking about putting your money into any cryptocurrency, and Aragon is no exception.

Highlighting the Pros and Cons

Aragon brings to the table a compelling vision of decentralized governance. Its unique strengths lie in its ability to create and manage DAOs, providing a level of autonomy to organizations that wasn't possible before blockchain technology. On the flip side, the rigorous dependence on Ethereum means that Aragon is subject to the same scalability challenges that currently plague Ethereum, like network congestion and high gas fees. These factors can impact transaction costs and speeds, potentially affecting the user experience within the Aragon ecosystem.

The Future Potential of Aragon

As we survey the landscape, it's clear that the concept of DAOs is more than just a fleeting trend – it's a fundamental shift in organizational structures. If Aragon can continue to innovate and offer solutions to the hurdles of decentralized governance, its relevance is only likely to increase. The drive towards more democratic systems of management across various sectors could see Aragon becoming a more prominent player in the crypto sphere.

A Final Consideration: Should You Invest?

So, the burning question – should you add Aragon to your portfolio? Let's say it depends on your appetite for risk and your belief in the future of decentralized organizations. If you've got the patience for long-term potential and you're comfortable with the volatility that's inherent to the world of crypto, Aragon could be an interesting addition to your investment spread. Remember, never invest more than what you're prepared to lose, and always do your own research beyond any review you come across – even this one.

Concluding Remarks

We've touched on the many aspects of Aragon you need to be aware of before making an investment decision. Aragon isn't just another cryptocurrency; it's a platform with the ambitious goal of revolutionizing how organizations are run. It has shown us both impressive innovation and the growing pains typical of blockchain projects. As you ponder your next move in the crypto market, consider not only the information you've gathered but also your vision for the future. Is a decentralized world one you want to bet on? If so, Aragon might just be the means to manifest that bet.

It's been a fascinating journey examining Aragon, and the world of crypto never ceases to amaze with its depth and complexity. Whatever your decision, stay curious, stay informed, and most importantly, stay engaged with the crypto community for the latest insights and updates. Happy investing!