Aragon Price & Charts
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What Is Aragon ?
Aragon is a decentralized Ethereum based cryptocurrency platform used to build and manage corporate organizations. Aragon provides you every tool you need to run an organization in a block and with such tools, you will be able to manage governance, cap table, accounting, fundraising, payroll and other operations that exist in a corporate organization. The Aragon App that enables you to establish an organization is customizable (being an Ethereum based technology), unified package and user-friendly.
Aragon network designed their App, focusing on servicing non-traditional organizations devoid of hierarchies, geographical presence, and administrative bottleneck.
Firms or companies function to create value by offering products and services that can meet customers’ needs but unfortunately, most organizations are not achieving this, due to intermediaries and third party interferences such as Government policies. We know what a typical Government can do by imposing a restriction, creating border-lines and bringing up difficult regulatory guidelines bur Aragon network disintermediates such structures.
These are the key features of Aragon network: decentralized arbitration, simplicity, and upgradeability. Another key element of Aragon network is its’ fraud prevention architecture where it incorporates the key base protocol for identity verification within the ecosystem for individuals.
Aragon was created in Spain.
Aragon team is made of Luis Cuende (Project Lead) and Jorge Izquierdo (Tech Lead).
Luis Cuende is an award-winning Software Developer and a former advisor to VP European commission.
Jorge Izquierdo is a seasoned App developer and has developed multiple Apps for iOS, MacOS, and Pebble.
Aragon advisors are made up of experts in cryptocurrency industry, and they are Brayton Williams, Kenny Rowe and Jake Brukhman.
Practical Uses of Aragon
It operates as a digital jurisdiction, an online decentralized judicial system.
It is a tool or box application for entrepreneurs.
Existing firms or organizations use their Apps to secure their assets.
Mining of Aragon
Presently, Aragon(ANT) cannot be mined directly, but there is a subtle way to mine it. All you need to do is to mine valued coins of other cryptocurrencies and use them to exchange Aragon. Thereby building your ANT holding. It is advisable to mine using ethereum network since Aragon is built on Ethereum platform, then transfer it to its’ wallet and do the exchange.
Notes for Investors
During the Aragon’s ICO, a total of $25 million was raised within 15 minutes during, April 2017 with ANT supply of 39,609,167.This ICO’s achievement made Aragon’s token sale the fourth largest crowdsale ever The trading of ANT was $2.50 last three months but presently trading at $3. This shows a steady increase and analysts have predicted that it will increase to at least $4.5 by the end of 2017.
Aragon is the investment for the future, as people begin to get involved in their business, the more the ANT will appreciate in the market cap.
You need to note that, cryptocurrency investment is speculative and unpredictable, and it involves risks. The market is full of uncertainty, susceptible to attack and capital loss. There are many parameters one needs to check before investing. Don’t invest only based on what you have read here, but invest based on the fact that, you have sought advice.
I wish you success!