RE: ICO o´clock. ARAGON Token sale sells out in 10 min - collects 25mio USD.

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ICO o´clock. ARAGON Token sale sells out in 10 min - collects 25mio USD.

in cryptocurrency •  8 years ago 

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.

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!!!