Jeez..
It seems like it is still ICO o`clock - only that this time, i really wanted to get in. I´ve followed the aragon team closely in the past few weeks and they were doing a great job (which i still think they are!).
25mio USD. This is incredible.
They learned from the tokencard disaster and organised their slack channel, revealed the adress and the contract in time. Created great tutorials about how to participate in the sale, and paid so much attention to details!
And still.. Things still go wrong.
I was looking into this sale for weeks now, and i didn´t get in, because the suggested method that i used - metamask - was not working and the sale was over before anything went through.
That´s such a bummer, and there needs to be a solution found for this. Although, as one of the devs, Jorge, says:
"Please don’t blame the Ethereum Network nor any of the client developers, none of us would be here if it wasn’t for them."
And he is absolutely right. All of this is still early days and is only doing its first steps, and we will gradually have to adjust to this.
But even if i did not get into the ICO - i am very happy for the team, since i really believe in the idea and in their project. Have you checked out their app? It is nearly a joke that they call this alpha still, that´s how great it already looks.
So i highly suggest you still check out the project, and invest in it when the tokens hit exchanges (and you believe in it).
simply incredible.
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I'm not sure what people are thinking these days....I couldn't see any reason, gains-wise, to invest....is it a great idea? Yes...but I don't see how a token will mean anything financial...it was basically a crowdfund with little or no benefits to the crowd....there's a lof of companies taking advantage of people's misconception that coins/tokens are like some kind of share or actual currency
Thanks
Following and voted
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How is this not even somewhat similar to investing in a 'company'. I would assume, as Aragon is a DAO, the community could decide to utilize part of the collected fees to buy back and burn ANT; effectively creating deflation.
From the whitepaper:
The network will operate by accumulating capital in the form of fees to the operation of
the organizations transacting on the network. This fees will contribute to the network
internal capital, that the network governance will freely allocate. The main destination
of these funds will probably be service providers to the network, that will be necessary
for the network operations.
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It doesn't seem like a lot of return to the token owners...unless you are a node...but even that is unclear...proof-of-stake or proof-of-concept have less rewards...great that you can be part of governance, but where is the incentive?
I think I'm still confused.
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Thank you for your response!!!!
You are very helpful!! Why not more posts on your blog? You could be a great part of the community!! so intelligent!!!
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