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Web3 is going just great [English]  -  Aragon DAO votes to sue its founding team

 -  Novembre 2023 - 

Circular logo resembling an eagle, in blue

Aragon is a prominent project that creates DAO infrastructure. Ironically, its own DAO-based governance has been fraught, with the group facing a governance crisis in May over conflicts between the DAO and the Aragon Association (a small group of "stewards" for the project).

Now, after the Aragon Association decided without consulting the DAO to dissolve itself and wind down the project's governance tokens (while keeping some of the funds), the DAO has voted to sue the group. The DAO has accused the group of improperly taking investors' money to put it "into their new secretive company". They've allocated $300,000 to legal efforts.

par Molly White

Web3 is going just great [English]

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