What is Gnosis?
The Gnosis project leverages the power of the Ethereum blockchain to create a decentralized market prediction platform. Its ambition is the creation of the ultimate collection of specific subject knowledge. This is because anyone can utilize the platform and harness the wisdom of the masses by asking a question and gathering information from humans or AI alike. The base network currency is the GNO token. The utility of GNO tokens is that when locked in a smart contract, they generate OWL the secondary currency of the Gnosis network. OWL tokens are used to pay fees associated with market making and the process of voting. Voting is conducted by creating a specific outcome tokens i.e. a token for every outcome. Users buy the most likely outcome tokens and get rewarded if the outcome is correct. The results of the events in questions are provided by oracles that bridge the real world and blockchain.
|Market Name||Traded On||Average Price||24h Volume|
|GNO/BTC||Poloniex, Liqui, Bittrex, Kraken, Cryptopia, HitBTC, YoBit||0.00417430 BTC||$38,814|
|GNO/ETH||Liqui, Kraken, Poloniex, Bittrex, IDEX, YoBit||0.12569990 ETH||$21,275|
Fundamental Cryptocurrency Data
|Circulating supply||1,104,590 GNO|
|Trading volume of all markets for this coin||$93,249|
|Gnosis GNO Prices||
0.02 XAU (= 0.57) grams GOLD
1.85 XAG (= 52.45) grams SILVER
|Marketcap|| 4,615 BTC|
688.23 kg gold
58,038.04 kg silver