Two weeks from now, token-holders for the Aragon application will put the efficacy of its on-chain governance model to the test.
The Aragon project, launched in 2016, is envisioned as a way to offer users the tools to build decentralized organizations that are secured cryptographically and run natively on top of the ethereum blockchain. But starting as early as February of this year, the core developers behind Aragon have expressed interest in launching a version of the app on the Polkadot blockchain network.
At the time it was announced, Luis Cuende, CEO of AragonOne – a for-profit entity building Aragon – said that the idea was “very early research” and did not indicate any specific intention to move away from launching their product on ethereum.
Now, token holders of Aragon are deciding between two competing Aragon Governance Proposals (AGPs) that will effectively approve or restrict such plans to build the application outside of ethereum. The vote is set to begin on April 25 and last for 48 hours, and the the final results of the voting cycle will be announced April 27 at 16:00 UTC.
AGP 42 was submitted Ameen Soleimani, the CEO of adult entertainment blockchain platform Spankchain Ameen Soleimani. To wit, the proposal is dubbed “Keep Aragon Focused on Ethereum, not Polkadot.”
Soleimani’s pitch proposes “to restrict Aragon from spending money on Polkadot development in any way, shape or form” and posits that many Aragon token holders “are significant stakeholders in the ethereum ecosystem” who wish to see Aragon remain strictly focused on ethereum.
Conversely, AGP 41, submitted by the Web3Foundation the exact same day as Soleimani’s proposal,