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Gnosis

GNO

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About Gnosis

What is Gnosis? Gnosis is a collective of aligned projects revolutionizing payments infrastructure to make decentralized financial tools accessible and usable for all The Gnosis ecosystem is underpinned by Gnosis Chain, a highly secure, resilient, and decentralized EVM-compatible layer 1 network and also includes the venture-building arms, Gnosis Studio and Gnosis Capital, the developer, investor, and incubator of a host of leading decentralized solutions. These projects are creating a radically inclusive infrastructure helping bridge the gap between blockchain technology and practical, everyday applications/use cases. What is the history of Gnosis? Idealistic engineers who believe in restoring people's control over their own lives through building open financial tooling, Gnosis evolved and created industry standard applications such as the Gnosis Safe (multisig and programmable account), Cow Protocol (formerly CowSwap and Gnosis Protocol), Conditional Tokens (prediction markets), Gnosis Auction, Zodiac (standard and tooling for composable DAOs). Most recently Gnosis launched, Gnosis Pay, which allows users to spend crypto anywhere through the Gnosis VISA-supported debit card, and more. What role does GNO play in the Gnosis ecosystem? GNO is the staking token of Gnosis Chain and the governance token for the GnosisDAO and an index token for the Gnosis ecosystem. Gnosis Ventures incubates, invests in, and supports projects in all early stages, spinning incubated projects out where appropriate. The relationship between these ventures and the token can take several forms: Either GNO is used as a token directly or the Gnosis token is economically coupled with the project tokens. What education resources does Gnosis have for developers? The Gnosis Chain doc site is a comprehensive resource for developers building on Gnosis Chain: https://docs.gnosischain.com/ What is the governance model for Gnosis? The Gnosis ecosystem is governed through the GnosisDAO, with voting power distributed amongst GNO token holders. As a DAO, anyone can participate in decision making about the development of Gnosis. We are a vibrant community founded on the values of early Ethereum. Use your voice to take a stand on issues, weigh in on proposals, and shape the future of Gnosis. How does Gnosis foster developer adoption and support the growth of its ecosystem? Gnosis Capital invests in early-stage web3 projects that are poised to make significant contributions to closely aligned projects in the flourishing Gnosis ecosystem. The Gnosis treasury is governed by the GnosisDAO with voting power distributed amongst GNO holders. As a DAO, Gnosis also uses the products that it creates to transparently guide decisions on the development, support, and governance of its own ecosystem.

Gnosis (GNO) is a decentralized platform built on the Ethereum blockchain, which strives to create a global, open prediction market. It operates as a decentralized autonomous organization (DAO), providing infrastructure for various types of decentralized applications (dApps). Gnosis was founded in 2015 with a focus on building prediction markets to enable worldwide access to accurate information. The platform's native cryptocurrency, GNO, is used to operate and govern the platform. Gnosis has a maximum supply of 3,000,000 coins, with a circulating supply of 2,589,588 GNO at the time of writing.

Gnosis aims to utilize the Ethereum blockchain to create a decentralized prediction market. It uses smart contracts to manage transactions and create outcome tokens for each event. These tokens represent the possible outcomes of a prediction market. Users can acquire and trade these tokens, with the price of each token reflecting its probability of occurrence. Gnosis also uses a multisig wallet, requiring a pre-fixed number of signatures before a transaction can be executed. The platform's security is further enhanced by the Ethereum’s Proof-of-Stake (PoS) consensus mechanism and a series of smart contracts that are frequently audited.

Gnosis strives to provide a platform for information gathering and decision-making processes. It can be used to create prediction markets on a wide range of topics, from elections to financial markets. The platform can also be used to create financial instruments and insurance products. Developers can use Gnosis to build their own prediction market applications, with the platform providing the necessary infrastructure and tools. GNO owners can participate in the prediction market, express their opinion on protocol changes, and influence the project's development direction.

Gnosis launched under ConsenSys Inc., an Ethereum-focused software company, in 2015. It became independent in 2017 after winning funding and launched its native GNO token in the same year. The core team is led by Martin Köppelmann (CEO and co-founder), Stefan George (CTO and co-founder), and Dr. Friederike Ernst (COO). In November 2021, the xDAI and GnosisDAO community voted to combine their ecosystems to create the Gnosis Chain, an Ethereum forerunner-companion that aims to address scaling issues.

Market

Germany Market Stats

Market cap

€859.8M

Volume (24h)

€22.2M

Circulating supply

2.6M GNO

Typical hold time

40 days

Popularity

#92

All time high

€512.79

Germany Market performance

Price change (1h)

+0.04%

Price change (1d)

+3.19%

Price change (1w)

+31.35%

Price change (2w)

+18.51%

Price change (1m)

-4.08%

Price change (1y)

+206.42%

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Social

Some highlights about Gnosis on social media

1,185 unique individuals are talking about Gnosis and it is ranked #149 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Gnosis has an average sentiment score of 3.4 out of 5. Finally, Gnosis is becoming less newsworthy, with 0 news articles published about Gnosis. This is a 100% decrease in news volume compared to yesterday.

On Twitter, people are mostly bullish about Gnosis. There were 44.71% of tweets with bullish sentiment compared to 15.13% of tweets with a bearish sentiment about Gnosis. 40.17% of tweets were neutral about Gnosis. These sentiments are based on 595 tweets.

On Reddit, Gnosis was mentioned in 266 Reddit posts and there were 476 comments about Gnosis. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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Overview

Contributors

1,185 people

Posts

611 posts

Dominance

0.04%

Volume rank

#149

Average Sentiment

3.4 out of 5

Twitter

Reddit

Posts

266

Comments

476

Post Score

1,176

Comment Score

905

Coinbase Bytes

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

Gnosis is on the rise this week.

The price of Gnosis has increased by 0.04% in the last hour and increased by 3.19% in the past 24 hours. Gnosis’s price has also risen by 31.35% in the past week. The current price is €332.75 per GNO with a 24-hour trading volume of €22.16M. Currently, Gnosis is valued at 35.11% below its all time high of €512.79. This all-time high was the highest price paid for Gnosis since its launch.

The current circulating supply of Gnosis is 2,589,588 GNO which means that Gnosis has as total market cap of 2,589,588.

FAQ

What is the current price of Gnosis?

We update our Gnosis to EUR currency in real-time. Get the live price of Gnosis on Coinbase.

What is the market cap of Gnosis?

The current market cap of Gnosis is €859.80M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Gnosis?

The all-time high of Gnosis is €512.79. This all-time high is highest price paid for Gnosis since it was launched.

What is the 24 hour trading volume of Gnosis?

Over the last 24 hours, the trading volume of Gnosis is €22.16M.

What other assets are similar to Gnosis?

Assets that have a similar market cap to Gnosis include IOTA, Worldcoin, Fetch.ai, and many others. To see a full list, see our comparable market cap assets.

How many Gnosis are there?

The current circulating supply of Gnosis is 2.6 million.

What is the typical holding time of Gnosis?

The median time that Coinbase customers hold Gnosis before selling it or sending it to another account or address is 40 days.

What is the relative popularity of Gnosis?

Gnosis ranks 244 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Gnosis?

Currently, 100% of Coinbase users are buying Gnosis. In other words, 100% of Coinbase customers have increased their net position in Gnosis over the past 24 hours through trading.

Can I buy Gnosis on Coinbase?

Yes, Gnosis is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Gnosis guide.