Review on Aragon by Victor Nnamah
Aragon: a platform for designing DAOs.
Aragon is an open source, non profit decentralized application, more like a Decentralized Autonomous Organization, it is built on the Ethereum blockchain. This platform enables anyone to create and manage an independent decentralized organization using a toolbox of pre-programmed smart contracts.
Aragon offers guide for anyone to create a DAO of their own in a few minutes. Programming a DAO is a difficult task but interface options on Aragon platform makes it easier for even a beginner in blockchain. It is a long term investment from valued investor's perspective.
Aragon is creating a digital jurisdiction with which all DAOs will be able to resolve disputes and achieve agreement without a centralized authority. To participate as a juror, litigator or defendant, user must stake Aragon token ANT. ANT is used for staking and jury duty and can also be traded on cryptocurrency exchange with low price.
However, Aragon is underestimated, it is still an interesting project in the cryptocurrency enterprise. Aragon wants to create a complex decentralized and transparent platform, where everyone would have the opportunity to manage his own cryptocurrency business, task or company.
Pros
- Provides quality services.
- It has a good vision.
Cons
- It is underestimated.
