Quote from: dieselmeister on August 31, 2017, 02:20:01 PM

greate project. but funny. Does this project have a little brother with name PARAGON ICO =)))

No, absolutely no affiliation with the two projects.

Quote from: karates on September 01, 2017, 06:52:24 AM

Quote from: MaoChao on August 31, 2017, 02:14:50 PM

Quote from: karates on August 31, 2017, 01:32:33 PM

Quote from: Jayjay04 on August 29, 2017, 04:52:15 PM

https://blog.aragon.one/token-buyback-transparency-report-dc89ca2935b

I have taken a look in this project. Did some reading. And I still don't understand what can be done with ANT tokens? Apart from p&d actions, what would effect its pricing?

I see on this blogpost, that the company bought back some of the tokens to distribute on actions like bug bounties, or paying some freelance employees. But those are not the main business of the company, rather means to their business. What I'm currious about is how would this company's vision/business success or failure will effect the tokens?

Btw, from where I stand, I don't think there is a chance that founders would just take away the ico funds and dissappear. They are and apparently will be working on this project, but as I said, I don't understand the needs for tokens (apart from dev funding) in this scenario. It could have made sense if the tokens somehow reflect some amount of company shares but they have stated that it's not the case.

You must read WhitePaper.
https://github.com/AragonOne/whitepaper/raw/master/Aragon%20Whitepaper.pdf

I read the whitepaper. Seems too complicated to me, I still don't understand wholly, how will the tokens be used, hence, what would effect token price in positive or negative way.

That is what I and probably anyone interested in any coin would look for before making an investment.

The ANT token is a utility token, it will be used to govern the Aragon Network.

Token holders will gradually receive control over the Network, they will be able to create proposals and vote on the outcome of those votings. In the end, the token holders will be completely in charge of governing the Network, which includes deciding on what to do with the funds that the Network will hold. That is the end goal, a decentralized autonomous organization that runs the platform with the users/token holders in charge. You can read more about it in the Aragon will be Community Governed blog post.

Smokyish

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