Name: Gnosis
Brand: Gnosis
SKU: GNO
Price: 10644.304999999998 INR
Availability: InStock
Rating: 4.5 (28 reviews)

Market Cap

24h Volume

Circulating Supply

Total Supply

24h Change

Features good technological feasibility and diverse application scenarios, with major products already launched and either an early-stage or stable ecosystem in place. Multiple automated metrics indicate a notable level of industry attention and support, along with relatively manageable risks.

Gnosis

Mudrex

Market Statistics

Gnosis (GNO) is the native token of the Gnosis ecosystem, built on the Ethereum blockchain. GNO serves multiple purposes within the Gnosis platform, including staking on the Gnosis Beacon Chain and acting as the governance token for the GnosisDAO. Gnosis itself is a decentralized platform that focuses on building infrastructure for the Ethereum ecosystem, including prediction markets and decentralized applications (dApps). The Gnosis ecosystem also includes the Gnosis Safe, a wallet that allows users to manage their digital assets and interact with dApps.

As of today #{todayDate}, the price of #{tokenName} is #{coinPriceInr} INR, with a 24-hour trading volume of #{dailyVolume} USD. The market capitalization for #{tokenName} is #{marketCap}USD. The circulating supply is #{circulatingSupply} #{tokenName}, with the total supply also being #{totalSupply} #{tokenName}.

Gnosis aims to solve the problem of accessing accurate information and making informed decisions in an uncertain environment by providing decentralized prediction markets. These markets allow users to speculate on the outcome of future events, effectively crowdsourcing forecasts and leveraging the crowd's wisdom. Additionally, Gnosis addresses the need for secure asset management and interaction with dApps through its Gnosis Safe wallet.

Martin Köppelmann and Stefan George co-founded Gnosis. Köppelmann, the CEO, has been instrumental in developing the Gnosis platform since its inception. Both founders have a strong background in blockchain technology and have been active in the Ethereum community. The team's consistent development and product launches demonstrate their expertise and commitment to the project.

The Gnosis ICO took place on April 24, 2017, with an offering price of $29.84 per GNO token. During the ICO, Gnosis raised $12.5 million and allocated 4.20% of the total token supply to ICO investors.

The Gnosis whitepaper outlines the vision and technical details of the Gnosis platform, which is designed to create a decentralized prediction market on the Ethereum blockchain. The platform allows users to create, trade, and participate in prediction markets on various topics, leveraging collective wisdom to forecast outcomes. The whitepaper details the two-token system, with GNO as the primary utility and governance token and OWL tokens generated through staking GNO for use within the platform.

The whitepaper also discusses the Gnosis Safe, a secure wallet for managing digital assets and interacting with dApps. It emphasizes the importance of community governance through the GnosisDAO, where GNO token holders can propose and vote on changes to the platform. The document covers the technical aspects of the platform, including smart contracts, market mechanisms, and the conditional tokens framework that underpins the prediction markets.

Furthermore, the whitepaper addresses the platform's economic model, explaining the tokenomics, supply schedule, and the rationale behind the fixed supply of GNO tokens. It also explores the potential applications of prediction markets in various sectors, from finance to insurance and governance. The whitepaper concludes with a roadmap for developing the Gnosis ecosystem and the team's commitment to building a transparent, decentralized infrastructure for information markets and asset management.