Aragon, a decentralized management platform for businesses, announced today its upcoming token sale will commence on May 17, 2017 and run until June 14, 2017. Built on Ethereum, Aragon is the first management tool developed specifically to dis-intermediate the creation and maintenance of companies all around the world.
Aragon will offer a new, more efficient model for companies to operate and requires only the internet to function.
Co-Founded by two recognized tech prodigies, Luis Cuende and Jorge Izquierdo. Aragon implements basic features such as cap table management, governance, fundraising, payroll, and accounting, supporting all areas of company management through an easy-to-use interface.
Aragon Co-Founder and Project Lead, Luis Cuende has been featured on Forbes’ 30 Under 30 list, is a MIT TR35, and was a former Advisor to the VP of the European Commission. Most recently, Cuende co-founded Stampery, a blockchain data certification startup backed by renowned venture capital firm Draper Associates, investors in companies such as Tesla, SpaceX, Skype and Baidu.
Co-Founder and Project Lead at Aragon, Luis Cuende, said:
“With Aragon Core, a minimally-specified organization will be able to run on the Ethereum network. A module system will then be implemented so further functionality can be built on top. Fully decentralized organizations will also be able to take advantage of the Aragon Network, a token-governed digital jurisdiction, to resolve core governance issues and increase efficiency.”
“After the dot-com revolution and the rise of cloud computing, a new type of company has begun to emerge: businesses without traditional corporeal and geographic forms. The catalyst has been blockchain technology changing the incentive structure for companies. Aragon is building the tools for this next generation of decentralized organizations.”
“In 2016 we saw the rise in token sales and already in 2017 we are seeing that this trend is very much continuing. As a team we are dedicated and committed to the long term success of the project. Therefore, the Aragon token sale will be one of the first to restrict Founder and early contributor rewards with token which vest using smart contracts.”
Since February the number of Aragon organizations deployed to the testnet has grown from 130 to more than 770. In addition, the Aragon Slack channel now comprises over 510 community members.
The platform is available for Linux, MacOS, Windows and web browsers.