Aragon Court works by drafting human jurors to review disputes and motivating them with financial rewards and penalties to adjudicate well.
The demand-side of the market comes from DAOs and users who rely on Aragon Court as a dispute resolution provider if members of their organization come to a disagreement. The supply-side of the market comes from users who stake Aragon Court’s token (ANJ) to serve as jurors, adjudicate disputes, and earn rewards.
During the pre-activation period, more than 1,000,000 ANT has been staked into the system, with 247 jurors signing up.
“We want to thank every single juror who signed up — you are the founding fathers and mothers of a new cybernation. After this historic launch, community members will be conducting a precedence campaign — a series of simulated disputes to stress-test the system. The next step will be to transition the governance of the entire protocol to ANT holders, who will work on governing the protocol in exchange for a portion of the revenues of Aragon Court. Today, a new jurisdiction just appeared on the map, and it’s called Aragon.”
– The Aragon Team