Aragon, an open-source framework for launching decentralized autonomous organizations (DAOs), is launching its next set of tools on Coinbase’s developer network, Base. This move is aimed at bringing more users onto the platform and tapping into its high potential. Aragon’s head of growth, Anthony Leutenegger, explained that the tools, the Aragon App and the modular Aragon OSx protocol, will enable users to set up DAOs, manage funds, and contribute to the decentralization process. With Base being an Ethereum Layer-2 network, it has gained popularity since its launch in August. While initially incubated within Coinbase, Base is expected to become more decentralized over time.
Key points:
– Aragon is launching its DAO-developer tools on Coinbase’s Base network.
– The move is aimed at tapping into Base’s high potential and attracting more users.
– The tools will allow users to set up DAOs, manage funds, and contribute to decentralization.
– Base is an Ethereum Layer-2 network that quickly gained popularity after its launch.
– Base is expected to become progressively more decentralized over time.
Hot Take:
By launching their tools on Coinbase’s Base network, Aragon is taking advantage of the platform’s growing popularity and providing users with the necessary tools to set up and manage DAOs. This move aligns with the increasing interest in decentralized finance and highlights Aragon’s commitment to empowering individuals and communities in the crypto space. It will be interesting to see how this collaboration between Aragon and Coinbase’s Base network further accelerates the adoption of DAOs and contributes to the decentralization of the cryptocurrency ecosystem.
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