Aragon, a platform specializing in managing decentralized democratic organizations, appear a merger with the Vocdoni protocol, a blockchain voting and governance solution provider.

Different the Yearn.finance mergers, this acquisition has a much more traditional nature. Aragon has acquired Dvote Labs OU, the company behind the Vocdoni protocol. Its 11 team members volition be hired into a new company controlled by Aragon and Vocdoni members.

The teams will piece of work on building an integrated solution to boost the Aragon ecosystem. Vocdoni technology uses zip-cognition cryptography to enable bearding voting, in addition to leveraging decentralized technologies like the Interplanetary File Arrangement and Libp2p, a networking solution. Vocdoni's technology has been one of the master reasons for going through with the merger, said Joe Charlesworth, executive director of the Aragon Association. "We believe that leveraging Aragon's brand, treasury and domain expertise will help push forward adoption of decentralized governance," he added.

Vocdoni previously held voting trials in Europe for Omnium Cultural, a cultural association with more than 180,000 members. The projection's squad members will continue working with enterprise and traditional customers every bit they develop the technology for use in DAOs.

The merger's model is starkly different from the one used by Yearn.finance. Luis Cuende, founder of the Aragon Association, told Cointelegraph that he "really likes Yearn'southward approach to M&A," noting that it is a "refreshing take" on crypto network mergers.

Yearn'due south acquisitions were marked past very few formalities. Evolution teams only plant themselves working with each other overnight, as Leo Cheng, founder of Cream Finance, told Cointelegraph. In that location were also few fiscal relationships involved, which led Cuende to conclude that this is the biggest difference betwixt the two types of acquisitions:

"I'd say that a difference is that some of the mergers that Yearn has washed are more than akin to partnership, with each project keeping its token. Here, we are all uniting effectually Pismire and making it stronger."

Some critics of the Yearn approach noted that the communities of tokenholders had very footling say in most of the new venture plans. Joan Arus, master operating officer at Vocdoni, explained that this criticism is not applicative to the protocol:

"Even though we wanted to initially launch our own VOC token in H1 2021, subsequently entering conversation with the Aragon Association we decided not to do and so and adopt Pismire as our native token (to be implemented in H1 2021). [...] And then, as we are nevertheless in the early phase and nosotros didn't have a token all the same, the case is that at that place was no community yet supposed to accept a say."

Arus noted that early investors of Vocdoni were included in the newly merged company, while the Dvote Labs board and active members voted unanimously for the acquisition. The token economic science for the new combined platform remain to exist divers, but the team hopes to involve the Aragon community in this process.