About Gnosis

What is the Gnosis price today?

The GNO price is currently $99.20. The price of Gnosis is -1.52% over the last 30 days. You can use the live Gnosis chart to track the GNO/USD price in real time above, or compare the Gnosis value today to its past performance using the Gnosis price history tab at the top of this page.

What is the total supply of GNO?

The circulating supply is 2,589,588.00 GNO, out of a total maximum supply of 3,000,000.00 GNO.

What is the price prediction for Gnosis?

The average Gnosis price prediction values the coin at $168.01 by the end of 2024. Things like the economic climate, establishment support and acceptance, and the crypto market as a whole can all have an impact on the price.

It’s best to take predictions with a grain of salt but you can use expert estimates to help you understand the weight of opinion about a coin.

What is Gnosis?

Gnosis is a blockchain platform that develops software and infrastructure for use on the Ethereum network. Gnosis builds tools to help expand the services that Ethereum can offer, most notably a piece of prediction market software.

Gnosis was originally just a predictions market built on the blockchain, but it’s since expanded to include a wide range of services to help Ethereum scale up. The GNO token is the cryptocurrency that powers the project, encouraging people to invest and vote on the Gnosis’ future direction.

How does Gnosis work?

Gnosis works using a series of smart contracts, which are essentially rules written in computer code that govern how the platform works. These smart contracts are stored on a blockchain, a decentralized, public ledger, which cannot be changed.

The blockchain is the foundation layer for Gnosis. On top of that layer there are front-end tools and resources for developers to build applications. For example, using its prediction software, Apollo, anyone can create a predictions market for any event so that users can buy or sell positions on it.

How is the Gnosis network secured?

The Gnosis network is secured by a Proof of Stake consensus mechanism. Individual users put up GNO coins in order to validate new blocks on the blockchain, and earn more GNO tokens as a reward.

What is Gnosis used for?

GNO is mostly used for staking, or simply as a trading asset to speculate on the success of the Gnosis platform. By staking Gnosis, you can earn rewards, like earning interest on a bank account. GNO owners can also vote on governance proposals.

Why does GNO have value?

Gnosis has value as a way to invest in improving the Ethereum network and because it offers a way to earn staking rewards. You can start staking with a minimum of 1 GNO, which makes it easily accessible.

Who created Gnosis?

Gnosis was founded by Martin Köppelmann and Stefan George. They initially set up the project as a predictions market, before it grew into the more wide-ranging technology that it is today. 

Where can I buy Gnosis?

You can buy Gnosis on a crypto exchange. An exchange is a marketplace that allows you to sign up, deposit your money, and buy some crypto, just as you would with a stock platform.

Most cryptocurrency brokers allow you to keep the coins you buy in your account. However, you may want to sign up for a dedicated crypto wallet for some extra security.

Are there any other ways to invest in Gnosis?

The simplest way to invest in Gnosis is to buy it outright. However, another option is to simply open a crypto account. Crypto accounts are like regular bank accounts and allow you to store a variety of currencies, send and receive payments, earn interest on savings, and spend freely with a credit card.

You can also invest in crypto more generally through a crypto ETF or a crypto fund. These are financial instruments that give you exposure to a group of leading cryptocurrencies, more suited to high net worth individuals.

Are there any Gnosis alternatives?

There are some, although Gnosis has a relatively unique offering as both a predictions market and a space for building on Ethereum. Here are some Gnosis alternatives.

• Augur. Augur is a cryptocurrency predictions exchange.
• Polygon. Polygon is a smart contracts platform that builds on top of the Ethereum network.

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