Aragon Launches New Tools for Decentralized Autonomous Organizations (DAOs)

Aragon OSX and Aragon App platforms promise to provide easy and flexible management for DAOs, as Aragon seeks to help redefine society through decentralized entities.

The Aragon project, which specializes in the management of decentralized autonomous organizations (DAO), announced the launch of the Aragon OSX and Aragon App platforms, dedicated to improving the administration of this type of company.

- Advertisement -

On Twitter, the platform’s official account announced the launch of the tools, which are already available for use and which they describe as “modular, adaptable, light and fast”.

Carlos Juar, who is Aragon’s chief technology officer, explained during a Twitter Space on March 3 that Aragon OSX is “basically the protocol and training layer of new actions” for the company. “More generally, it’s the set of contracts that allow you to create a DAO in a flexible way.”

On Aragon’s website they explain that with this platform you can build and manage any DAO, customize an organization and even create your own plugin.

Regarding the Aragon App, Juar said that it is based on the user experience, making it easy to use. “It is very important to provide an experience that is easy to use, even on mobile devices,” Juar added.

On the official website they point out that with Aragon App you can start and run a DAO from a cell phone, “on a platform that is easy to navigate and code-free.”

Aragon Launches New Tools for Decentralized Autonomous Organizations (DAOs)
Aragon Price Graph For Last 3 months (Source: Coinmarketcap).

Aragon has what it needs

Luis Cuende, founder of Aragon Project, also announced the arrival of the new tools to facilitate the creation and management of DAOs, a business they have been in since its inception, in 2016.

- Advertisement -

In the same social network he revealed that this new Aragon bet responds to the results of the reorganization of the project during the previous years, in which they had ups and downs. In addition, they seek to take advantage of the boom that DAOs have had for months.

In his view, with these tools, which he describes as a new version of the project, Aragon “has everything it needs to help humanity reinvent the very fabric of our society: our organizations.”

“The cryptocurrency space has understood the power of DAOs, and Aragon will help these builders redefine society,” Cuende said.

- Advertisement -

Aragon is a project born in 2016, dedicated to DAO management. As CryptoNews reported at the time, this project marked a boost to decentralized entities, allowing them to take advantage of tools capable of improving governance, accounting, financing and other aspects innate to this kind of organizations.

In 2019, Aragon updated its client and named it “Camino”. It included enhancements to make user interaction with the platform more streamlined. And in 2021 they launched a decentralized digital voting platform, which was tested in June of that year in an election in Spain, the home country of the project’s founders.

At the time, Aragon launched native tokens, of homonymous names and with the ANT and ANJ tikers.

In this new announcement they did not signal anything regarding these assets, but it is good to clarify that ANT remains listed on CoinMarketCap. The case is not the same for ANJ. At the close of this article, 1 ANT is trading for USD 2.48, representing a rebound of 0.63%, probably related to the announcement.

Read Next

Previous Articles:

- Advertisement -

Latest

Michael Saylor Invites Joe Rogan to Discuss Bitcoin on Podcast

Michael Saylor has shown interest in discussing Bitcoin on The Joe Rogan Experience podcast.The idea has generated excitement in the Bitcoin community, with some...

Congress Debates Stablecoin Bill Amid Rising Bank and Crypto Tensions

U.S. lawmakers are moving forward with the Senate Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, with debates set to resume after...

American Engineer Drugged, Robbed in Sophisticated London Crypto Heist

An American software engineer lost approximately $123,000 in cryptocurrency after being drugged and robbed in London.The victim was targeted by an impersonator posing as...

Max Keiser Doubts New Bitcoin Treasuries’ Discipline in Bear Market

Bitcoin-focused companies are increasingly copying the treasury strategy used by Michael Saylor's Strategy.Max Keiser raised doubts about whether these newer companies can maintain commitment...

South Korea Election Puts Crypto Policy at Center of Debate

Nearly one-third of South Koreans hold digital assets, making crypto a vital issue in the upcoming presidential election.Both major parties support crypto exchange-traded funds...

Must Read

A Beginner’s Guide To Cryptocurrency Mining

Cryptocurrency is considered one of the most popular forms of financial assets today. Many of these digital assets operate within blockchain technology which works...