Aragon is one of the world's largest DAO start-up platforms, releasing the governance token ant. The project is built on the Ethereum ecosystem and aims to develop the blockchain infrastructure for creating DAOs. At present, more than 1,800 DAO projects have been established and managed on this platform.
Ant tokens were first issued on May 17, 2017, with a price of about $0.9 and a total of about 39.6 million tokens. The current price of ant tokens is $4.51, with a circulation of about 40 million pieces and a total supply of about 45 million pieces. The price of ant tokens has increased by about 500% so far. A total of 14,967 on-chain addresses hold ant, of which the top 100 holdings account for about 91%, and the distribution is concentrated.
Aragon consists of a client that users operate to create DAOs, a network that supports community interaction, and a non-profit organization that manages funds. The main advantages of this project are that the system is decentralized and open source for users, the operation fee is very low, the anonymity of the platform does not allow personal identification of customers, and the limited number of ant issued can avoid infinite expansion.
Luis Guende and his team established Aragon in 2016, which is one of the earliest DAO construction platforms in the Ethereum ecosystem. However, in May 2023, the Aragon DAO encountered a 51% attack from Arca. In this attack, Aragon canceled the voting rights of ant. In the future development, the issue of DAO governance will become the key to the price orientation of ant.
Aragon is one of the world's largest DAO start-up platforms, releasing the governance token ant. The project is built on the Ethereum ecosystem and aims to develop the blockchain infrastructure for creating DAOs. At present, more than 1,800 DAO projects have been established and managed on this platform.
Ant tokens were first issued on May 17, 2017, with a price of about $0.9 and a total of about 39.6 million tokens. The current price of ant tokens is $4.51, with a circulation of about 40 million pieces and a total supply of about 45 million pieces. The price of ant tokens has increased by about 500% so far. A total of 14,967 on-chain addresses hold ant, of which the top 100 holdings account for about 91%, and the distribution is concentrated.
Aragon consists of a client that users operate to create DAOs, a network that supports community interaction, and a non-profit organization that manages funds. The main advantages of this project are that the system is decentralized and open source for users, the operation fee is very low, the anonymity of the platform does not allow personal identification of customers, and the limited number of ant issued can avoid infinite expansion.
Luis Guende and his team established Aragon in 2016, which is one of the earliest DAO construction platforms in the Ethereum ecosystem. However, in May 2023, the Aragon DAO encountered a 51% attack from Arca. In this attack, Aragon canceled the voting rights of ant. In the future development, the issue of DAO governance will become the key to the price orientation of ant.