Aragon Q3 2018 Transparency Report

A recap of what has been going on with Aragon during Q3 2018.

As per our Transparency Model, we do quarterly Transparency Reports of our use of funds and about the overall progress of the project.

Transparency Framework

This is our main transparency tool. It shows our use of funds with human readable descriptions attached to each transaction.


Salaries and expenses in Q3

These include expenses such as salariestravel expenses and annual bonuses.

1186.66 ETH & 19,188.57 ANT, equivalent of €301,928.05.

Salaries total: €260,833.28
Expense Reimbursements total: €41,094.77

Payments to service providers in Q3

Total of 639.789 ETH, equivalent of ~€216,193.65.

These include business expenses, payments to accountantslawyers and code auditors. Included are things like new laptops, office equipment, etc., to team members. These are essential for us to work effectively since we're fully distributed teams.

Other miscellaneous expenses: ~€42,184.81.

Sponsoring and event tickets in Q3

Total of 349.352 ETH, equivalent of ~€86,485.62.

We were proud sponsors and supporters of some awesome events in the Ethereum and crypto space.

Watch the True Decentralization presentation by Luis Cuende
Slides of the presentation

Announced AraCon — The Aragon Conference

AraCon – The first Aragon Conference - will take place in Berlin, Germany on January 29th-30th 2019.

The conference will bring together people who embody and wish to shape the Aragon community. Those who are building and supporting the pseudonymous, secure, trustless future — the decentralized web. Decentralized governance and DAOs are at the heart of the new Web 3.0. They are key components in moving towards a more fair and open world for everyone.

It will be the place for you to get a great understanding of Web3.0 and Aragon. You will discover the latest developments and glimpses of what's to come from our carefully planned program. Together with concrete lessons on how this technology is being built, the conference will provide you with a great overview of the decentralized web.

Funding for Aragon teams in Q3

We started the Decentralizing Aragon's Development earlier this year (Read Part IPart II and Part III). The first teams contributing to Aragon's development are Aragon One and Aragon DAC.

Aragon DAC: Total of 700.2 ETH, equivalent of ~€227,354.34.

Flock, the next step in decentralizing Aragon's development

The next step was announcing Flock, a way for new teams to apply for grants to work on the Aragon project. This same process will be used by the two existing Aragon teams as well.

Aragon Nest grants & Open Source donations in Q3


The Aragon Nest grants program has been tremendously successful and over 10 teams have already been granted funding.

Find out more in the Nest GitHub repository.

Total of 1,326.88 ETH, equivalent of ~€405,696.21 was paid out to Nest teams.

Read more about the evolution of the Nest program.

Open Source donations

We donated a total of 37.66 ETH, equivalent of ~€6,015.62 out to two separate open source projects.

The recipients were:


You can find more details about the development progress in our Aragon Q3 Development Update blog post.

Thanks to Alexa Weaver for helping with this post.

To keep up with the progress of Aragon

This post was a collaboration between

Tatu Kärki, Aragon, Aragon One

  • Tatu Kärki

    Tatu Kärki

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