The Aragon Association (AA), a prominent crypto project dedicated to building tools for decentralized governance, has made the decision to dissolve. In an announcement on November 2, the AA stated that it will distribute most of its assets to tokenholders as part of the dissolution process.
The AA has faced internal challenges, including bureaucratic complexities and misaligned stakeholders, that have resulted in failed attempts at modifying governance. These issues have created tension within the organization, leading to the decision for a total reset. The AA aims to safeguard and advance its mission under new and focused leadership.
Years of experimenting with different governance initiatives and balancing the growth of the Treasury and the token’s market cap have also influenced this decision.
