Expanding Cryptocurrency with Aragon (ANT)

Cryptocurrency is expanding rapidly, with new projects and innovations being developed every day. Being involved in this industry can be very profitable, but it can also be overwhelming. With this, Aragon has emerged as a project that aims to simplify the process of developing and managing decentralized organizations on the Ethereum blockchain.

What is Aragon?

It was launched in May 2017 by Luis Cuende and Jorge Izquierdo, who became interested in blockchain technology after the DAO hack in 2016. This project provides a platform for DAO creation and management that is user-friendly and allows for the development of custom applications.

Aragon is a project that aims to decentralize the management of organizations using the Ethereum blockchain, which allows users to create and manage decentralized organizations (DAOs).

What is the Aragon Network Token (ANT)?

The Aragon Token (ANT) is the native token of the Aragon platform and is used to power the Aragon Network. The Aragon Network is a decentralized autonomous organization that provides funding and governance for the Aragon project.

This token is used to decentralize the management of Aragon organizations by giving holders a say in the direction of the project.

The Aragon Network is powered by the Aragon Governance Protocol, a set of smart contracts that govern the use of ANT.

Aragon Governance Protocol

This protocol provides a framework for DAO governance that includes voting, funding, and managing proposals which gives ANT holders a say in the direction of the Aragon project.

Voting: Aragon Network Token holders can vote on proposals to determine the direction of Aragon.
Funding: The Aragon Network provides funding for the development of the Aragon platform and ecosystem.
Managing Proposals: Aragon Network Token holders can submit, debate, and vote on proposals.

Aragon’s Features

The Aragon platform has many features that make it a powerful tool for managing decentralized organizations.

Here are some of the most notable features:

Aragon Court: Aragon Court is a decentralized arbitration system that can be used to resolve disputes within an organization.
Aragon Network Vote: This is a tool that allows organizations to vote on proposals and make decisions democratically.
Aragon Governance: This is a set of tools that allow organizations to manage their token balances, vesting schedules, and permissions.
Aragon Core: This feature is the basic framework that allows you to create and manage your DAO.
Aragon Apps: Aragon apps are additional programs that can be installed on top of Aragon core to add
Aragon Chat: This chat is a messaging application that allows members of an organization to communicate with each other to help make decisions or discuss proposals.

These noted features are only a few of the many Aragon offers its clients. The Aragon is constantly expanding its platform to include more features and applications to further nourish its users’ experience.

Aragon Use Cases

Aragon can be used to manage any type of organization, from a small business to a large corporation.

Aragon’s platform provides many features that make it an attractive option for businesses and organizations. Aragon’s ability to manage financial operations, control permissions, and handle disputes makes it a powerful tool.

Aragon gives organizations the ability to:

Create and manage their own decentralized organization: By using Aragon’s platform, businesses and organizations can create and manage their own DAO. Aragon provides the tools and framework necessary to make this possible.
Hold and manage funds securely: Through this, organizations can keep track of their financial operations and make sure that their funds are being used appropriately.
Control permissions: Through a role-based permission system, Aragon can provide a way for businesses and organizations to control who has access to what resources.
Pay employees and contractors: With this usage, organizations can manage an organization’s payroll and make sure that employees and contractors are paid on time. Aragon’s platform provides a secure and efficient way to handle these financial operations.
Vote on decisions: Aragon’s voting system allows organizations to make decisions democratically. Aragon’s platform provides a way for businesses and organizations to vote on proposals and make decisions that are in the best interest of the organization.

Aragon Roadmap

Aragon’s roadmap is a living document that outlines the Aragon team’s plans for the future. The roadmap is divided into three phases: Aragon Network, Aragon Governance Protocol, and Aragon Court.

Phase 1: Aragon Network Launch

In this phase, the project will launch the Aragon Network. The Aragon Network is a decentralized platform that will allow businesses and organizations to create and manage their own DAO.

Phase 2: Aragon Governance Protocol

In this phase, the project will launch the Aragon Governance Protocol. There is a set of tools that will allow businesses and organizations to manage their token balances, vesting schedules, and permissions.

Phase 3: Aragon Court

In this phase, Aragon will launch Aragon Court. Aragon Court is a decentralized arbitration that is used to resolve disputes within an organization.

Aragon’s roadmap is constantly evolving as the Aragon team continues to work on new features and applications for the Aragon platform.

Aragon Price

The Aragon price is constantly fluctuating. As of writing this, 1 ANT is equal to $1.38 USD price. The price of ANT can be affected by many factors, such as the development of the Aragon platform, the success of Aragon’s roadmap, and overall market conditions.

Knowing the market cap is important when trying to determine the value of a cryptocurrency. Aragon’s market cap is $133,752,347 USD. This means that Aragon is the 33rd most valuable cryptocurrency.

The circulating supply of Aragon is 10,661,61 ANT and the total supply is 39,096,661 ANT. Aragon’s circulating supply is constantly increasing because Aragon is minting new tokens. Aragon’s total supply is fixed, meaning that there will only ever be 39,096,661 ANT in existence.

The highest price peak of ANT price was on January 10, 2018, when 1 ANT was worth $12.48. Aragon’s all-time low price was on March 18, 2020, when 1 ANT was worth $0.113357.

However, 1 ANT price is currently worth $1.38 USD, which is a 12.65% increase in the last 24 hours.

Investing in Aragon

Aragon is an attractive investment for many reasons. Aragon’s platform provides a wide variety of features and applications that are useful for businesses and organizations.

Aragon’s roadmap is well thought out and gives a clear plan for the future of the Aragon platform, which gives it more stability than some of the smaller cryptocurrencies.

As investment advice, when trying to invest in a cryptocurrency, it is important to do your own research. You should always consult with a financial advisor to see if investing in a cryptocurrency is right for you.

Aragon Community

Aragon has a large and active community that is constantly growing. The Aragon community is dedicated to the success of the Aragon platform and its users.

Aragon’s community is made up of:

Developers: Aragon’s developers are constantly working on new features and applications for the Aragon platform.
Designers: They are responsible for Aragon’s user interface and user experience.
Community managers: Aragon’s social media presence and community engagement.
Aragon Ambassadors: They are tasked with spreading awareness about Aragon and its platform.

Aragon’s community is always growing, and there are many ways to get involved. You may want to consider joining Aragon’s community if you are interested in:

Developing new features and applications for Aragon’s platform.
Designing Aragon’s user interface and user experience.
Managing Aragon’s social media presence and community engagement.

Getting Involved with Aragon

Getting involved with Aragon is easy, and there are many ways to do so. Aragon has a forum where users can post questions or ideas, as well as a chat room where users can communicate with each other in real-time.

Aragon also has a blog that is updated regularly with the latest news and developments to inform the community of what is going on with the project.

If you are a developer, Aragon offers many resources to help you get started building on the platform. Aragon also has a YouTube channel that features videos about the project and how to use its various features.

Conclusion

Trading can be a complicated and risky endeavor since trading involves the exchange of assets between two parties. Aragon’s use of the blockchain to facilitate these transactions makes it a more secure and transparent way to trade.

The Aragon association is considered as part of the decentralized autonomous organizations that are constantly working on Aragon’s platform. Aragon’s community is also very active and supportive, making Aragon a great project to get involved with.

Investing in this project considering the ANT price is a smart decision as Aragon’s platform has a lot of potentials. Aragon’s community is large and active, and there are many ways which can assure you of Aragon’s success.

This project is constantly expanding its cryptocurrency, so it is a good idea to invest while the current price is still low.