Gnosis (GNO)

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Gnosis (GNO) is a cryptocurrency made by Martin Koppelmann and Stefan George in 2015. It is a decentralized, open-source prediction market protocol that is built on top of Ethereum.

Gnosis was one of the 1st major decentralized applications (dApps) to launch on Ethereum in August 2015. It allows users to create arbitrary events to make predictions on future outcomes. If the outcome matches the prediction, the participants receive a certain profit from the invested funds within that prediction. Conversely, users who predicted the wrong outcome will lose their invested funds - thus creating a decentralized prediction market. 

The Gnosis platform is built with 3 layers, the first being Gnosis Core which provides the foundational smart contracts for the Gnosis prediction market (and other applications) to use. It allows for the use of basic functions such as regulating the issue of tokens and is also responsible for the platform's interface. Furthermore, the core also allows users to conduct fast transactions with no fees.

The second layer is known as the Service layer and this is designed to host the user experience tools such as chatbots, stablecoins, and oracles. Decentralized oracles help to gain data from outside networks and plug them into the prediction markets for the outcomes. The final layer is known as the application layer and this is design to host the front-end dApps solutions built on the Gnosis blockchain. These dApps will mainly be created by 3rd-party developers and may charge a fee. Some applications already launched include a decentralized dutch exchange called DutchX and the Gnosis Safe wallet solution. 

Tellor Developer Call August 1st 2022 

1 Aug 2022 8 minute read 0 comments Tamsay

Links  Youtube link:  Official links:    Summary    Tellor 360 Audit, Fund-a-Feed Front End Bounty, Diva Updates, Toxicity Measure & Polygon node, Build-A-Feed CLI/Monitor, Gnosis S...

Ankr’s Newest RPC Is Ready to Serve Gnosis Builders!

27 Apr 2022 3 minute read 0 comments Ankr Network

Ankr Protocol is already releasing another RPC for a hotly anticipated blockchain! You can now access Gnosis Public and Premium RPCs, make request calls, and receive information returns that mirror the results you would get by running a Gnosis full n...

Deep Dive: Gnosis Chain - Exploring the Gnosis Chain x LI.FI Partnership

25 Feb 2022 7 minute read 1 comment LI.FI

LI.FI is thrilled to support Gnosis Chain in our quest to build out the smoothest user experience in the multi-chain ecosystem. We’re always looking to expand our integrations and to support chains we believe are essential to the cross-chain econom...

Gnosis (GNO) Rallies To $557, What’s Next?

1 Jan 2022 1 minute read 0 comments FX Empire

GNO managed to get out of the recent consolidation and gained strong upside momentum on rising trading volume. Trading Volume Increased In The Last Days Of The Year GNO rushed into the top-100 list of biggest cryptocurrencies by market c...

【GNO / Gnosis】

21 Nov 2021 1 minute read 0 comments グルスキー (gursky)

GNO is a decentralized prediction market platform built on the Ethereum blockchain. Gnosis is a decentralized prediction market platform built on the Ethereum blockchain. Prediction markets are a system where people bet money on future events, and th...

Gnosis Launches SafeSnap Tool, The First Gnosis Safe Within DeFi

30 Mar 2021 4 minute read 0 comments GoInvest

Gnosis, a popular market forecasting platform built on Ethereum blockchain, has recently launched the implementation of SafeSnap, the first tool for Gnosis Safe within decentralized finance. This will allow blockchain governance to become fully decen...

Top Things You Should Know About Gnosis (GNO)

14 Aug 2020 6 minute read 4 comments MuyAsk

Hey guys :) I’m back with another comprehensive Q&A piece, this time for the decentralized prediction market platform – Gnosis (GNO). Gnosis provides open-source infrastructure for prediction markets built on the Ethereum protocol and aims to build a...

Gnosis Protocol Launches Omen Prediction Market Platform

2 Jul 2020 1 minute read 0 comments Kluma

The community-driven dxDAO, with a focus on developing and promoting DeFi protocols, has launched the decentralized forecast market platform Omen.eth. The solution is based on the Gnosis Protocol. Developers consider their brainchild the next genera...

Prediction Markets: Designs, Implementations, Usefulness and Value (as a Public Service and Policy-Making Advisory, etc.)

18 Dec 2019 9 minute read 1 comment rhyzom

I really wouldn't call myself libertarian, just to be clear. Actually, I wouldn't subscribe to any kind of ism or declare myself any kind of ist or ian - cos I find this explicit subscription to some ideology or set of preconceived notions, ideas, ru...

The Gnosis team is giving away 1000 GNO tokens to stablecoin liquidity providers !

17 Jun 2020 2 minute read 0 comments poopster

You heard it right guys - the Gnosis team is giving away another 1000 GNO tokens to everyone who provides liquidity on the Gnosis Protocol DEX. The current price of GNO at the time of writing is around $29 meaning the team is giving away over $29,000...