Basic Information
Gnosis (GNO) has been listed on HotsCoin on March 13. Gnosis is a decentralized infrastructure built for the Ethereum ecosystem. Its products include Gnosis Safe (multisig and programmable accounts), Gnosis Chain, Gnosis Protocol (CoWSwap), Conditional Tokens (prediction markets), Gnosis Auction and Zodiac (standards and tools for composable DAOs). GNO is currently open for trading on HotsCoin.
Token information
Circulation market value: $1,128,979,042.919
Fully diluted market capitalization: $1,307,905,786.08
Circulation: 2,589,588 GNO
Total supply: 3,000,000 GNO
Introduction
Founded in 2015, Gnosis is a decentralized prediction market on the Ethereum blockchain. Initially, the project planned to develop a betting platform similar to Augur, and later launched Gnosis Olympia as its first flagship decentralized application. Although Gnosis itself is an open framework, prediction markets are implemented in third-party dApps built on top of the Gnosis chain.
Products & Ecosystem
As the need for infrastructure tools increased, Gnosis developed the Safe and CoW protocols to make the Ethereum ecosystem more practical. The CoW Protocol is a permissionless decentralized exchange (DEX) that matches buyers and sellers through batch auctions and executes transactions at the best price. Safe is a customizable multi-signature wallet managed by SafeDAO. The Gnosis chain is an Ethereum virtual machine execution layer chain that uses the xDAI stablecoin for transactions.
GnosisDAO
GnosisDAO was founded in late 2020 and is the collective steward of the Gnosis ecosystem. As a DAO, Gnosis uses the products it creates to guide ecosystem development, support, and governance decisions. The governance process takes place on the Gnosis forum and any community member holding at least 1 GNO can participate.
future outlook
The Gnosis ecosystem continues to grow, and its products and governance model are attracting more and more users and developers. With the rise of prediction markets and decentralized finance, Gnosis’ position in the Ethereum ecosystem will become even more important. Over time, we can expect Gnosis to further advance the development and innovation of blockchain technology.
in conclusion
Gnosis has made great progress in the field of decentralized prediction markets and finance, and its products and governance model have made important contributions to the development of the Ethereum ecosystem. As the ecosystem continues to mature and expand, Gnosis is expected to become one of the leaders in the blockchain field, leading the development and change of the industry.