Aragon project: why in Web 3.0 companies should be autonomous and self -governing

How and where will NPOs work in the future? The Aragon project creates a digital environment in which any organization will be able to switch to independent collective self -government.

Why do traditional schemes for the development of commercial and non -profit organizations raise more and more questions and how the “ancestors of the World Wide Web” challenged the dominance of corporations, the journalist of the greenhouse Julia Kalenkov sorted out.

“The Internet crashed instead of serving humanity, as it should have been,” said Tim Bernity Bernity Fair , known as “The Father of the Network”.

He believes that his brainchild turned into a phenomenon, which is in essence anti -human. In the first years of its existence, the World Wide Web uniting people, making them free - in communication, making decisions, and the exchange of information. Now all power is located among giant corporations. “Facebook, Google and Amazon now monopolize almost everything that happens on the Internet, from what we buy to the news that we would like to read,” Berners-Lee claims and offers “reinstall the network”, this time decentralized, or Web 3.0.

What does the Internet decentralization mean?

According to the "ancestors of the Internet" , a decentralized network can become "more reliable, confidential and enjoyable for use." It is assumed that this will be a space where services for communication, search, transactions are not provided by centralized platforms. Instead of large companies that now collect user data for profit (remember at least contextual advertising), users will control these services.

The creation of such a network is a question of the near future, but the work of decentralized services is everyday reality. Decentralized bitcoin is already competing with centralized PayPal, and Graphite Docs with Google Docs.

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Aragon intends to become the first decentralized organization acting as “digital jurisdiction”. The founders of the Luis Cuende project and Jorge Izquierdo support the “new generation organization” andare sure that their brainchild will lay the foundation for a “new decentralized economy”.

Now the platform provides all tools for managing, collecting funds, maintaining payment statements and accounting reports. About 15,000 companies are already using Aragon to work - in fact it is a business without traditional material and geographical forms.

What do you need to know about Aragon?

This is a non -profit project with an open code. At first it was controlled by the Aragon Foundation Foundation, now the platform is striving for complete self -government.
In 2017, Aragon got the title of one of the most successful blockchain startups. Since the start of the ICO, the project in 15 minutes received $ 25 million.
Aragon was created on the Ethereum blockchain and uses token Ant, which gives it to the holders the right to participate in the fate of the project.
On the Aragon platform, everyone can create and manage their own decentralized autonomous organizations (TAO), these can be NPOs, business corporations or interest communities.

What will the decentralized NPOs look like?

It seems that any organization supporting the principles of an ambitious startup will find “forms of existence” on the platform. The collection of funds, management and transfer of finance, the formation of a team and the distribution of tasks - all this is possible within the framework of one system.

At the same time, the implementation of digital contracts will oversee digital legislation. The digital court will be higher than the laws of the country, in which participants in a decentralized organization are located. Thus, the creators of Aragon intend to observe the principles of freedom and safety.

“If the power becomes centralized, it should not respond to anyone other than herself. Decentralization of power is necessary to minimize corruption, ”the startup manifesto says.

The latest version of the Aragon 0.6 platform allows you to add various modules to your decentralized autonomous organization. This is necessary, for example, to attract funds by releasing their own tokens.

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An improved voting interface is also available, which will help NPO to vote to authorize the withdrawal of funds. Management of its means is completely transparent and takes place in the “Finance” tab. Finally, the “Tokenov manager” “allows you to determine membership and law in the organization.”

Resume

For	Against
The shape of the Tao is suitable for almost any NGO, it is more convenient and easier: intermediaries for the conclusion of the charter and perform other operations are not needed.	There are enough examples of unsuccessful Tao, for example, The DAO investment fund based on Ethereum lost millions of dollars due to error in the code.
Tao works outside of traditional jurisdictions: no one can close, arrest or suspend the activities of NPOs.	The human factor still has a place to be, because the decisions on any issue are made by the owners of tokens (they can be compared with shareholders).
Cooperation in the format of Tao is more reliable. Smart contracts are more effective than employment contracts: everything is controlled by the participants in the platform, the risks of backstage games are minimized.	It is still difficult to assume how the work of Tao will look in the details. This is similar to primitive versions of web resources developed at the dawn of the usual Internet now.
The NPO management will actually be reduced to delegate democracy: the participants either make a decision themselves or give the right to vote to more competent colleagues.