The Aragon Network
Key Insights
- Aragon Client and Court have provided the basis for DAOs to implement optimistic governance and handle subjective disputes.
- In 2021, fewer DAOs chose to launch on Ethereum due to high fees to form and perform on-chain governance.
The Aragon Project was formed in 2017 to support decentralized governance. It provides templates to successfully launch DAOs within minutes with modular apps for further customization. Within the Aragon Network, there are several products built to support the launch and maintenance of DAOs, namely for optimizing voting processes. Decentraland, DAppNode, API3, NFTX, and a few other prominent projects are currently powered by Aragon.
As an early project, Aragon was the go-to template, but with the introduction of newer tools, it has slowly become a less attractive choice for DAO formation.
The Aragon Network DAO
Aragon launched as a centralized project, with Aragon One as the main team for a few years until late 2021. The launch of the Aragon Network (AN) DAO marked the start of Aragon’s progressive decentralization. AN DAO is composed of several sub-DAOs with the following responsibilities:
Eshita is a Research Analyst at Messari focused on Web3 topics. Previously, she was a Venture Fellow at Bloomberg Beta and prior to that was working on data at Shareworks by Morgan Stanley.