1. What is ANT?

Introduction to Aragon (ANT) Cryptocurrency

Aragon (ANT) is a cryptocurrency based on the Ethereum blockchain, primarily used for managing and operating Decentralized Autonomous Organizations (DAOs). Here are some key details about Aragon:

• Project Background: Aragon is a decentralized application (dApp) that allows anyone to create and manage any organization (companies, open-source projects, non-governmental organizations (NGOs), foundations, hedge funds, etc.).
• Functionality: On-chain organizations in the Aragon Network are built using Aragon Core, which includes a Decentralized Autonomous Organization (DAO) using the Solidity programming language and a web-based decentralized application (dApp). It initially focused on capitalized company-like organizations, but its modular functionality also adapts to other types of organizations.
• ANT Token: ANT is the native token of Aragon, primarily used for managing the Aragon network and staking within the Aragon network member agreements.
• Founding Team: The project lead is Luis Cuende, CTO is Jorge Izquierdo, COO is Maria Gomez, CMO is Tatu Kärki, and the research lead is Luke Duncan.
• Issuance Information: ANT was issued on May 17, 2017, with a total supply of 39,609,524 ANT.

In summary, Aragon (ANT) is a digital management organization aimed at creating the best conditions for economic growth, achieved through its Decentralized Autonomous Organization (DAO) and the native token ANT.

2. Who founded ANT?

The founders of the cryptocurrency ANT (Aragon) are Luis Cuende and Jorge Izquierdo, two Spanish developers and entrepreneurs. They founded Aragon in 2016 with the aim of providing a platform for transparent and accountable governance of decentralized organizations (DAOs).

3. Which venture capital firms invested in ANT?

Based on the information provided, it is not possible to directly identify which venture capital firms invested in the cryptocurrency ANT. However, the following information may relate to your inquiry:

1. Background of ANT: ANT is mentioned as a unicorn in the DAO sector, potentially applicable for various DAO organizations and applications. However, this information does not directly indicate which venture capital firms invested in ANT.

2. Related Investment Information: The provided information mainly discusses investment trends in the fintech sector and investment situations of specific companies, such as Alibaba's Ant Financial investing in a blockchain privacy technology development company, QEDIT, and investment situations in the regtech sector. This information does not directly relate to the investment situation of ANT.

In conclusion, based on the provided information, it is not possible to identify which venture capital firms invested in the cryptocurrency ANT.

4. How does ANT work?

How Aragon (ANT) Cryptocurrency Works:

1. Open Source Platform: Aragon is an open-source platform designed to simplify the process of creating and managing Decentralized Autonomous Organizations (DAOs) on the Ethereum blockchain.

2. Smart Contract System: The core of Aragon is a smart contract system called aragonOS, which delineates the stakeholders of the organization and their respective rights. This system seamlessly integrates various functionalities such as voting, fundraising, and payments.

3. Modular: Aragon provides pre-configured modules that can be customized according to the specific needs of a company. These modules cover a range of administrative functions, such as shareholder voting, accounts payable, and accounts receivable, as well as human resources onboarding and payroll management.

4. User-Friendly Interface: The Aragon client is designed to offer a transparent smart contract framework without the need for prior blockchain training, thereby democratizing access to blockchain technology for businesses.

5. Community Support: Aragon has over 300,000 community members, indicating broad interest and support in the blockchain space.

In summary, Aragon (ANT) provides a simplified and transparent way to create and manage DAOs through its open-source platform and smart contract system, assisting businesses and organizations in leveraging blockchain technology for governance and decision-making.