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Home Business & Finance Exodus of key staff from Aragon amid philosophical differences

Exodus of key staff from Aragon amid philosophical differences

Document Analysis NLP IA

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redaction

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probably it's an affirmation
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Summary (IA Generated)

It’s been a rough week for the Aragon governance platform where philosophical differences have brought about a long list of resignations.

Aragon co-founder Jorge Izquierdo announced on Jan.

11 he would no longer be working as CEO of the for-profit Aragon One, a company dedicated to building tools and services related to Aragon.

Aragon is an Ethereum-based platform involved with decentralized governance.

Jorge Izquierdo (@izqui9) January 11, 2021 .

Izquierdo cited his differences with decisions being made by the project’s governing body, the Aragon Association, as his reason to exit the project, which he had been a part of since 2015.

One week prior to Izquierdo’s departure, Aragon Association Head of Governance John Light announced his resignation, stating he felt that the project no longer reflected his values or that of the original Aragon Manifesto.

Inspired by Light’s actions and agreeing with the sentiments put forth in his letter, 11 employees of Aragon One quit the company over the following few days, tendering their resignations publicly on the project’s official Discord channel.

After questions were raised about a December transfer of 52,000 ETH from the Aragon treasury in the project’s Discord chat, Aragon Association Head of Operations Joe Chatsworth stepped in to provide an explanation to address fears that the project was losing its transparency.

”.

Though insiders remain quiet on the subject, Izquierdo and Light have given subtle hints that indicating they believe Aragon is becoming too centralized.

According to stats trackers at DeepDAO, seven of the top 10 biggest DAOs by USD value use Aragon as their platform.


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