ANT Token Rebounds Following Launch of “Aragon Court” 

Aragon revealed the launch of a new platform that brings it closer to its goal of becoming the world’s first digital jurisdiction.

On Feb. 10, Aragon announced the official introduction of Aragon Court. This is a dispute resolution protocol that was created for the “Internet era,” according to the release. Jurors are incentivized to review and adjudicate disputes on the new borderless platform and penalize users for wrongdoing.  

Thus far, nearly 250 jurors have signed up, according to the announcement. 

In addition, over one million ANT, worth $740,000, have been staked on the protocol, which will be used to fund the rewards program. Now, Aragon Court is set to go through a series of tests to evaluate the functionality of the network. 

“The protocol and jurors will be tested through a series of mock disputes to establish a precedent history subscribers and jurors alike can refer to when reasoning about how a given dispute may resolve in the future,” reads the announcement. 

The series of simulations will demonstrate the capability of the system to “resolve disputes fairly and consistently.” 

Following the stress-test period, the co-founder of Aragon and Executive Director of the Aragon Association, Luis Cuende, stated that the governance of the entire protocol will be given to ANT holders. Those governing the protocol will receive “a portion of the revenues of Aragon Court,” said Cuende. 

Historical moment.

Today, a new jurisdiction just appeared on the map, and it’s called Aragon