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The new proposed DAO structure will bring in delegated voting, which allows members of the DAO to transfer their voting rights to other members who can then vote on their behalf. Although Aragon Network exists to help others create DAOs, it wasn’t originally set up as one itself, and these
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Cryptocurrency prices and investor sentiment reversed course on Dec. 15 after Federal Reserve chairman Jerome Powell confirmed the bank's plan to hike interest rates in 2022 and slow down the bond purchasing program that had been in play since the emergence of the coronavirus in March 2020.Following the announcement, Bitcoin
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Optimism across the crypto market continues to rise as bullish developments in the price of Bitcoin and Ethereum (ETH) renewed discussions about a 2013-style double-pump rally that could push (BTC) price past $100,000. The positive price action hasn’t been limited to the top two market leaders. Many altcoins continue to rally and
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Aragon Association, the stewards of a protocol that makes for the easy creation of decentralized autonomous organizations (DAOs), has announced its acquisition of voting project Vocdoni from Estonia-based Dvote Labs Oü. The purchase was completed in December for an undisclosed price.Vocdoni team members received an undisclosed amount of ANT, the
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Twelve staffers involved in the Aragon Network have announced their resignations Thursday due to an apparent lack of financial transparency.In a letter posted on GitHub and shared in the group’s Discord channel, AA governance lead John Light said he was leaving. “I no longer recognize the place that I used to
Read MoreANT is the native cryptocurrency of Aragon: a blockchain-based platform that allows users to build and manage their own decentralized autonomous organizations (DAOs).A DAO lets people form groups that are governed by a defined set of computer codes, as opposed to a single leader. Users are required to hold ANT
Read MoreAragon co-founder Luis Cuende told Cryptox that the decentralized technology his company has been developing could find its perfect use case on social media platforms like Facebook and Twitter. In recent months, content moderation practices employed by global social media platforms have been criticized by people across the political spectrum. Libertarian-leaning
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Venture capitalist Tim Draper has taken a 1 million ANT stake (worth about $760,000 at press time) in Aragon, a decentralized governance project that began on ethereum. The move, disclosed in a press release Wednesday, gives Draper control of about 2.5 percent of Aragon’s total token supply. Draper is a long-time
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Aragon has started the process for recruiting human jurors as the governance protocol prepares to launch its decentralized court system.As of 16:00 UTC Tuesday, community members will be able to exchange the project's ANT tokens for newly minted Aragon Network Juror (ANJ) tokens that will be used for staking on
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The Ethereum network’s Istanbul hard fork is expected to break 680 smart contracts on the decentralized management platform Aragon.Jorge Izquierdo, CTO at Aragon One, said that the upcoming upgrade will result in the breaking of roughly 680 smart contracts, industry-focused media outlet Coindesk reported on Sept. 30. Izquierdo explained that
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