Governance platform for decentralized organizations, Aragon has announced a grants program for its community called ‘Aragon Nest’. Through monetary support, direct counsel from the Aragon team and community oversight, ‘Aragon Nest’ will enable and assist developers that want to build supporting infrastructure for Aragon and Ethereum.
Co-Founder and Project Lead at Aragon, Luis Cuende stated: “At Aragon, our aim is to make decentralized organizations happen. To achieve this vision, we have built an easy-to-use way for organizations to operate on the Ethereum blockchain. Building this vision, however, requires support from the whole ecosystem. We know there are some very talented people in our community and we want to support them in this endeavour through the ‘Aragon Nest’ grants program,”
Aragon will work together with Placeholder Capital, a venture capital firm that specializes in crypto-assets, to introduce the ‘Aragon Nest’ grants program over the coming months. The program’s long-term goal is to support the community’s efforts around key challenges facing Aragon and Ethereum. Placeholder is a venture capital firm that specializes in decentralized information networks that use tokens as incentives. The firm was founded by Joel Monegro and Chris Burniske in August 2017, who and will serve as advisors and companions in the crafting and orchestration of the ‘Aragon Nest’ program.
Submissions to the ‘Aragon Nest’ grants program from the community will be evaluated by an internal team comprised of representatives from both Aragon and Placeholder. All submissions will be focused on solving problems identified by the ‘Aragon Nest’ team, along with the community. The review process thereafter will be completely transparent and community-led.
Jorge Izquierdo, Co-Founder and Tech Lead at Aragon, said: “We are very thankful for all the support we have received and we want to give back to the community by funding the development of core pieces of infrastructure, developer tools and accessible products needed for the success of the Aragon and the overall Web3.0 vision. We are still in the early days and a lot has to be built in order to empower all the users of these technologies,”