ANT is the governance token of the Aragon project. Aragon aims at creating Decentralised Autonomous Organisations (DAO) implementing the Blockchain technology.
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### Investment thesis
 
Aragon aims at helping groups (NGO, Organisations, Companies) to create a DAO i.e. a decentralised organisation spanning from governance (including voting), cross-members payments and more.
This technology has many applications if the project can spur adoption and it has a wealth of natural use cases and natural client groups.
 
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### Risk profile
 
<markstyle="background:orange">High risk</mark>
The token itself has limited use cases hence its high dependence on mass adoption of the technology.
 
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### Tokenomics
 
ANT is the token that gives rights to participate in the governance of Aragon, a DAO itself. It is understood that users of Aragon solutions would want a share of the decision-making on the future of the service and price should therefore be correlated to adoption.
ANT are not easily stakeable, i.e., vested against a yield, however.
 
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### News & corporate activity
 
#### Current pipeline
Currently, Aragon's pipeline in a nutshell:
-<markstyle="background:grey">DAO</mark>: deployment of its Araon Govern (DAO v2)
-<markstyle="background:grey">Modules</mark>: Roll-out of their Voting module
 
#### Innovation
N/A
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### Further steps
 
Further steps are captured in the [[Crypto Tasks|Crypto task list]]
