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.
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]]