Aragon Partners With Bancor To Offer Liquidity To Community Members
In an announcement made June 9, 2017, Aragon posed a question rooted in the valuation of an organization: "What if your organization has value, but due to the laws of supply and demand, you wouldn’t be able to realize this value?"
Aragon's solution to this problem is a partnership with the reserve token startup Bancor Protocol, which will allow organizations built on Aragon's platform to access disintermediation tools that provide autonomy in community maintenance. Through Bancor’s concept of smart tokens, liquidity can be realized by organizations on the Aragon network; smart tokens can be created for these entities in lieu of trading tokens which have low volumes or a small number of users.
According to the announcement, Bancor will offer its users an option to govern their communities with Aragon. "These communities will gain all the benefits of running an Aragon organization; border-less, permission-less creation of value without borders or intermediaries, managing their entire decentralized communities using the Ethereum blockchain."
Aragon is committed to providing an edge to companies using the platform:
"We believe that this partnership will immensely help complement the absolute economic abstraction for Aragon organizations that we want to provide, giving even the organizations with smaller market capitalization true liquidity."