Token highlights: Aragon



ANT (Aragon) as a Large Cap Ethereum based Token is 51st in the 2100NEWS ranking. The quality of the order book of ANT is Good. The average quality of the order book for large caps members of the NWSL100 index is 17.1. What is the true value criterion in the crypto world?

*Among all, the price is always at the forefront. By comparing with the index, we can gauge the price-performance with similar digital assets that are members of the index. Considering an investor’s point of view, peer comparison should be efficient and effective. We present you tokens that are worth keeping in mind.

 

About token

ANT has been launched in 44 exchanges. Through ICO in May 2017, Aragon raised $25 million

Aragon as Large Cap Ethereum based Token is 51st in 2100NEWS ranking (after Index Review of 20th November 2020). It is an Index member: NWST1100, NWSL100, NWSTo100, NWSET100, NWSDM100.

2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 20.6, (Average for Large caps: 17.1)


Over the past week, the average market cap was $135.4 million, average daily volume was $20.2 million.


 

In this section, we will examine how the market, with price changes, evaluates project progress. It seems important to us if the project is outside of the usual tide of crypto project prices. In order to make an appropriate peer comparison, we gauged the ANT (Aragon) with 2100NEWS Digital Assets 100 Large Cap Index (NWSL100).  On average (violet area chart), the relationship between ANT to NWSL100 has shown that it was weaker. Over the last three months, NWSL100 has outperformed ANT. However, if we compare the ANT green area graph with the orange index area graph while observing the correlation graph, the correlation graph gives us an explanation that the correlation is weak(Pearsons correlation coefficient = 0.19). However, 80% of the time, it was moving in the same direction as the NWSL100. So, it has been a poor representative of the NWSL100 index in terms of price changes.

*The chart below shows the ANT compared to NWSL100 at the top, the box in the middle of the chart shows the original ANT price, and at the bottom of the chart we see NWSL100 and the correlation between  ANT and NWSL100.

 

 

According to Etherscan, there are 1,803 token holders (at the time of this article’s writing).

 

2100NEWS observation:

Aragon has tools that help people freely organize across borders and without intermediaries. They focus on a new type of organization DAO (Decentralized Autonomous Organizations). Judging by their instructions, it is very easy to develop software for a human organization. Using their several apps and templates we can create our own organization in a few minutes. They listen to the wishes and suggestions of the communities with which they are connected through various social networks. They have 76.1K followers on Twitter.

 

About Aragon – what they do

Aragon is an open-source, community-driven project with the mission to empower freedom by creating tools for decentralized organizations to thrive. Aragon is a suite of applications and services that enable new forms of global communities. Communities can organize around capital assets, currency, or tokens, which will increase in value as more people hold and use that asset to participate in the community.

The flagship product of the project is the Aragon client, a tool for creating and participating in decentralized organizations on Ethereum. The project is also building the Aragon Network, the world’s first digital jurisdiction.

Aragon Court is one of the core components of the Aragon Network. It is a dispute resolution protocol that handles subjective disputes that cannot be solved by smart contracts. This is achieved by having a set of jurors drafted for each dispute who will vote to guarantee a certain ruling.

Aragon not only provides basic financial tools like tokenization but can create reproducible and broadly applicable templates for defining the boundaries of a community and flowing value to contributors over the internet without traditional intermediaries.

 

General information

Founded in November 2016 by internet entrepreneurs Luis Cuende and Jorge Izquierdo (CEO), Aragon is based in Zug, Switzerland.

 

Exchanges: 0x Protocol, 1inch Exchange, Balancer, Bamboo Relay, Bancor Network, Bibox, BiKi, Binance, Binance.KR, BiONE, Bitfinex, Bittrex, Bitvavo, BitZ, BKEX, CoinBene, CoinEx, Dsdaq, Fatbtc, Gate.io, GOPAX, HBTC, HitBTC, Hoo, Hotbit, Hotcoin Global, Huobi Global, Huobi Indonesia, Huobi Korea, Kyber Network, LBank, Livecoin, LongBit, MXC.COM, OKEx, Radar Relay, Sushiswap, Switcheo Network, TOKOK, Uniswap, Uniswap (V2), Upbit, VALR, VCC Exchange.

 

Website:     https://aragon.org/

You can follow them:      Discord    Github   Twitter

 

Do you know more about this topic or would you like to report an error in the text? Leave a comment or email us at info@2100news.com.

 

The Crypto Highlights are considered the opinion of 2100NEWS and the material is for informational purposes only and 2100NEWS is not soliciting any action based upon such material. The material is not to be construed as an offer or a recommendation to buy or sell a security nor is it to be construed as investment advice. At the time of this article’s writing, the author did not hold any tokens ANT.



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