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What is Aragon?

Aragon is a decentralized platform that allows for the creation and management of decentralized autonomous organizations (DAOs) on the Ethereum blockchain. It aims to facilitate governance and decision-making within these organizations, offering a framework to foster a community-driven ecosystem.

How does Aragon work?

Aragon operates on the Ethereum blockchain utilizing smart contracts to manage DAOs. The platform leverages core and framework contracts under Aragon OSx, enabling users to set permissions, specify governance structures, and manage assets. Aragon employs Ethereum's Proof of Stake consensus, providing a decentralized and efficient mechanism for DAO creation and operations. Additionally, Aragon offers a no-code platform, the Aragon App, making it accessible for non-coders to develop DAOs.

What are the potential use cases for Aragon?

Aragon is employed in various scenarios, including:

• DAO Management: Creating and managing DAOs with customizable templates for governance and decision-making.
• Decentralized Fundraising: Facilitating token sales without traditional intermediaries.
• Digital Jurisdiction: Implementing Aragon Court for dispute resolution.
• Voting and Polls: Enabling transparent election voting systems.
• Contractor Payment Systems: Automated onboarding and payment processing.
• Analytics: Adding modular analytics layers for enhanced data visualization and accounting.

Aragon is particularly relevant for blockchain startups, community projects, charitable organizations, and sectors demanding decentralized governance.

What is the history of Aragon?

Aragon was founded in 2016 by Luis Cuende and Jorge Izquierdo. It held a successful ICO in 2017, raising over $25 million. Key developments throughout its history include the unveiling of aragonOS in 2017, the launch of Aragon Network Jurisdiction and Aragon Court, and the creation of Aragon OSx and the Aragon App in 2023. Major milestones include acquiring Vocdoni for scalable voting technology and dissolving the Aragon Association in 2023 to improve token distribution among users and partners. These developments have established Aragon as a significant player in the DAO ecosystem.