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Aragon Stock

Aragon

ANT

Price

0.12
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Aragon Whitepaper

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Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
Binance.USANT/USDT11.41129.724.548,296.80cex580.41
BiboxANT/USDT0.942.71265.3500cex1
1

Aragon FAQ

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What is Aragon?

Aragon (ANT) stands as a leading entity in the field of decentralized governance, aiming to enable individuals to create and manage Decentralized Autonomous Organizations (DAOs) on the Ethereum blockchain. The project is guided by a mission centered on community, striving to enhance freedom through tools that support decentralized governance, allowing people to organize beyond traditional boundaries and intermediaries. At the heart of Aragon is a strong infrastructure that supports censorship-resistant, decentralized, and upgradable applications. With its user-friendly and adaptable design, the platform is accessible to anyone interested in launching and managing DAOs. Recently, Aragon introduced the modular Aragon OSx protocol and a no-code Aragon App on Ethereum and Polygon, making the process of DAO creation and management even more straightforward. The governance of the Aragon Project is decentralized and overseen by holders of the Aragon Network Token (ANT) within the Aragon DAO. This decentralized framework ensures that the project remains in line with its community-focused principles. Aragon's tools are crafted to be secure and flexible, allowing for swift experimentation with governance models at the pace of software development. Aragon's dedication to decentralized governance is encapsulated in its manifesto, which highlights the development of tools that enable free and borderless organization. The project is developed by globally distributed teams, ensuring a diverse and inclusive approach to its development and governance. For comprehensive data and insights regarding Aragon's current market position, including pricing and historical performance, you can refer to Eulerpool's offerings.

What technology underpins Aragon?

Aragon, represented by its token ANT, is an innovative platform designed to streamline the creation and management of Decentralized Autonomous Organizations (DAOs). Aragon is fundamentally built on the Ethereum blockchain, renowned for its strong security measures and smart contract functionalities. This ensures the operations within Aragon remain decentralized, transparent, and free from censorship. The Ethereum blockchain, the operational backbone for Aragon, utilizes a consensus mechanism known as Proof of Stake (PoS). This method is vital for thwarting attacks from malicious entities. In PoS, validators are selected to generate new blocks and confirm transactions based on the number of tokens they own and are willing to "stake" as collateral. This approach renders it economically impractical for malicious actors to seize control of the network, as they would need to acquire a substantial percentage of the total tokens, making it prohibitively costly. Aragon's technology extends beyond utilizing the Ethereum blockchain alone. It has recently introduced the flexible Aragon OSx protocol and a no-code Aragon App on both Ethereum and Polygon. This deployment enhances flexibility and accessibility, allowing users to experiment with governance models at the pace of software development. The modular nature of Aragon OSx permits users to tailor their DAOs to meet specific needs without demanding extensive technical expertise. One of Aragon's prominent features is its use of smart contracts. These are self-executing agreements with the terms directly encoded. Smart contracts automate processes within DAOs, ensuring transactions and decisions occur transparently without intermediaries. This automation minimizes human error and boosts the efficiency of organizational operations. Aragon also incorporates advanced technologies such as automated image recognition, natural language processing, predictive analytics, and machine learning models. These technologies enhance the platform’s capabilities, facilitating easier DAO management and informed decision-making for users. For instance, natural language processing can analyze and interpret user inputs, while predictive analytics can forecast future trends based on historical data. The governance of the Aragon Project is overseen by holders of the Aragon Network Token (ANT) within the Aragon DAO. This decentralized governance approach ensures the project’s development and direction are community-driven rather than controlled by centralized authority. ANT holders have the ability to propose and vote on changes, making the project genuinely user-driven. Aragon's intuitive interface is another critical component of its technology. It simplifies DAO creation and management processes, making it accessible to a broader audience. Users can establish their DAOs without needing to write code, thanks to the no-code Aragon App. This democratizes decentralized governance access, allowing anyone with internet connectivity to participate. The platform also prioritizes transparency and open transactions. All DAO activities are recorded on the blockchain, providing an immutable and publicly accessible ledger. This transparency fosters trust among participants, as they can verify the integrity of processes and decisions made within the DAO. Aragon's mission to build a hyperstructure for governance is reflected in its ongoing development and introduction of new tools and protocols. By enabling everyone to experiment with governance at the speed of software, Aragon is paving the way for innovative and efficient organizational structures that can swiftly adapt to the ever-evolving digital landscape.

What are the practical applications of Aragon?

Aragon (ANT) is a cryptocurrency engineered to provide an array of tools for decentralized governance and organizations. It empowers users to establish and oversee Decentralized Autonomous Organizations (DAOs), which are governed by smart contracts on the blockchain, thus eliminating the need for traditional hierarchical structures. This facilitates collaborative decision-making for groups without the necessity of a central authority. Aragon finds significant real-world applications in the area of decentralized governance. By leveraging Aragon, organizations are able to implement transparent and tamper-proof voting systems, ensuring equitable participation in decision-making processes. Such systems are particularly advantageous for communities, cooperatives, and companies aspiring to function in a more democratic and decentralized environment. Additionally, Aragon provides infrastructure for the development of decentralized applications (dApps). These applications function independently of centralized servers, diminishing the risk of censorship and bolstering security. Developers utilize Aragon's tools to create dApps that encompass a wide range of functions, from conducting financial transactions to facilitating social networking, all regulated by smart contracts. Beyond governance and dApps, Aragon plays a role in decentralized finance (DeFi). By utilizing Aragon's technology, DeFi projects are equipped to create more secure and transparent financial systems. For instance, decentralized lending platforms can manage collateral and interest rates through community voting with Aragon, ensuring that the systems operate with fairness and transparency. Aragon has recently introduced the Aragon OSx protocol and a user-friendly no-code Aragon App on Ethereum and Polygon. These innovations simplify the exploration of governance models and the establishment of DAOs, even for those with minimal technical expertise. This democratizes access to decentralized governance, broadening participation and enhancing engagement with blockchain technology. The governance of the Aragon Project is carried out by the holders of the Aragon Network Token (ANT) through the Aragon DAO. This decentralized governance model places the project's development and strategic direction under the stewardship of its community, as opposed to a centralized entity.

Who is behind the founding of Aragon?

Aragon (ANT) is a cryptocurrency initiative dedicated to developing tools for decentralized governance, facilitating the establishment and management of Decentralized Autonomous Organizations (DAOs). The project was founded by Luis Ivan Cuende and Jorge Izquierdo. Luis Ivan Cuende, an experienced entrepreneur and developer, has been acknowledged in Forbes' 30 Under 30 list for his significant contributions to technology. Jorge Izquierdo, a skilled developer, has been instrumental in the technical advancement of Aragon. Together, they have propelled the project forward with the mission of enhancing freedom through decentralized governance tools.

Investors interested in Aragon are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.