Trade ANT - ANT Markets, Exchanges, Broker
On 17 May 2017, the Aragon Coin surprised with its Initial Coin Offering (ICO), as the developers announced that they would stop it as soon as the target had been reached. The new crypto currency achieved a market capitalization of 24,750,000 USD or the equivalent of 275,000 etherium tokens after just 15 minutes. Aragon has the highest ICO to date with the 24.75 million USD achieved.
What is the central idea behind the Aragon Coin?
Aragon's developers believe that decentralized organizations can solve mankind's greatest problems. To achieve this goal, they developed Aragon. Aragon allows complete organizations to be managed by using the blockchain, which makes these organizations more efficient than normal equivalents.
Especially the generation of an unbureaucratic and unlimited added value is Aragon's goal. This is to be achieved by the possibility of the simple and for everyone accessible Organize can be achieved.
Aragon is based on the ethereal blockchain and is coupled to it. According to Luis Cuende, one of Aragon's founders, Aragon's medium-term goal is to become a decentralized trading platform. The developers have analyzed three potential user groups that will use the platform. The first user group will be blockchain project operators who will use the platform to host projects.
The second user group will be open source project users who will participate in the projects and pay with the appropriate currency to keep the project alive. So far, the financing of open source projects has been a particular challenge, so Aragon has a special focus here. The third and last potential group are companies that can quickly and easily pay employees with Ethereum via Aragon.
The Aragon community is currently growing rapidly, with more than 2,000 companies testing the service. In addition, Aragon's network includes more than 2,300 members who provide more than 50,000 minutes of content in the form of blogs.
The market capitalization of the Aragon Coin
Aragon is known as ANT and has a current value of 1.89 USD. While the Initial Coin Offering reached a market capitalization of USD 24.75 million, this already amounts to more than USD 62.00 million in September 2017.
The daily trading volume is around USD 300,000. In total there are 39,609,524 tokens of Aragon. According to Bittrex, most trading takes place between ANT and BTC (Bitcoin). At the start of the market, the price of a token was USD 1.56 and rose to an all-time high of USD 4.36 on 12 June 2017.
Who is behind Aragon?
Aragon's project management will be taken over by Luis Cuende. Luis was named the best underage developer in Europe in 2011. He also co-founded the Blockchain-Startup Stampery. Before he started working with startups, he developed the first Linux version, which could use a face recognition for login.
Furthermore, the team behind Aragon consists of Jorge Izquierdo, who is the technical director. Jorge is a hacker and has already programmed and released several apps for iOS, macOS and Pebble. He also made it to second place in the App Store with an app. In his opinion, the future of the Internet will lie in decentralization. He has been working with the blockchain since 2014.