Research

🗳️ Voters on Ethereum app veto proposal to fund Polkadot blockchain

Messari

May 1, 2019 ⋅  1 min read

Aragon Governance Proposal (AGP) 41 failed recently, as 92.29% of Aragon ($ANT) voters vetoed the proposal which would have seen the Aragon Association buy up $1.5 million Polkadot (DOT) tokens. AGP 42, which banned any Aragon funds from developing the so-called Ethereum ($ETH) competitor was also shot down by 68.71% of voters. According to Aragon One CEO Luis Cuende, the non-disclosure of the DOT token purchase price killed the bill on arrival for Aragon voters' who tend to have low faith in the Aragon Association.

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