On Monday, February 10th, the first term of Aragon Court’s over 200 jurors began. Aragon, the only DAO offering full-stack jurisdiction services, from dispute resolution to governance infrastructure, is in its mainnet and already serves clients such as district0x, Decentraland, Althea, DAppNode, and Giveth.
“Current governance structures are around a hundred years old, and while technology has been changing every aspect of our lives, we keep making collective decisions in the same way. The management paradigm of the last century- centered on control and efficiency- no longer suffices in a world where adaptability and creativity drive business success. At the end of the day companies are just people… even the most advanced corporations can’t escape issues such as the principal-agent problem, rent-seeking behavior, and conflicts of interest.”
By making it possible for anyone around the world to conduct business in a trustless environment, Aragon enables the permissionless creation of value and can provide an alternative to people in need of a better governance system, creating competitive pressure on legacy systems to improve.
“Aragon is really a platform- not just for creating organizations, but for creating new apps that give organizations new powers.”
Aragon empowers users to freely organize and collaborate without borders or intermediaries. All Aragon organizations are digital natives- they live on Ethereum, a ledger secured by incentives and cryptography. Leveraging smart contracts and enforced by the blockchain, Aragon transactions are also transparent and immutable.
About Aragon: “Organizations of the future, today… Create global, bureaucracy-free organizations, companies, and communities.” Aragon is a jurisdiction native to the internet- a way for a company to move its entire economy on-chain, to address transparency and observability, and for people to connect and conduct business efficiently while keeping intact their freedoms and sovereignty.
Check out the Aragon mainnet! → https://mainnet.aragon.org/#/