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Aragon is a decentralized application (dApp) built on top of the Ethereum blockchain that was founded in 2017 by Luis Cuende and Jorge Izquierdo. The platform offers its own ERC20 cryptocurrency token issued under the cryptocurrency symbol ANT. The Aragon platform is an open source project created by the Aragon Foundation and was made to enable the creation of decentralized autonomous organizations (DAOs).
The Aragon platform is comprised of 4 core principles for managing DAOs, they are: bylaws that define permissions granted to users, a decision making governance system, issuance and control of tokens/capital, and an accounting system for managing funds within DAOs.
Introduction to Aragon.
On May 17, 2017 Aragon held their initial coin offering (ICO) selling approximately $24 million worth of their Aragon (ANT) cryptocurrency token.
