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Gnosis

GNO

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Past performance is not a reliable indicator of future results. Learn more about asset risks.

Investment Risk

Baseline risk

All crypto-assets are risky, regardless of the type of token you hold. Here are some ‘baseline’ risks to be aware of before deciding to invest.

Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.

Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.

Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.

Don’t put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.

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

United Kingdom Market Stats

Market cap

£670.8M

Volume (24h)

£13.9M

Circulating supply

2.6M GNO

Typical hold time

38 days

Popularity

#93

All time high

£436.97

Past performance is not a reliable indicator of future results. Learn more about asset risks.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

United Kingdom Market performance

Price change (1h)

-0.66%

Price change (1d)

-6.62%

Price change (1w)

-3.45%

Price change (2w)

-8.69%

Price change (1m)

+7.51%

Price change (1y)

+176.87%

Past performance is not a reliable indicator of future results. Learn more about asset risks.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

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Social

Some highlights about Gnosis on social media

1,302 unique individuals are talking about Gnosis and it is ranked #153 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 3.5 out of 5. Finally, Gnosis is becoming more newsworthy, with 2 news articles published about Gnosis. This is a 0% increase in news volume compared to yesterday.

On Twitter, people are mostly neutral about Gnosis. There were 39.13% of tweets with bullish sentiment compared to 18.7% of tweets with a bearish sentiment about Gnosis. 42.17% of tweets were neutral about Gnosis. These sentiments are based on 460 tweets.

On Reddit, Gnosis was mentioned in 155 Reddit posts and there were 319 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

1,302 people

Posts

348 posts

Dominance

0.07%

Volume rank

#153

Average Sentiment

3.5 out of 5

News Articles

2

Twitter

Reddit

Posts

155

Comments

319

Post Score

1,131

Comment Score

1,211

Coinbase Bytes

Gnosis is on the decline this week.

The price of Gnosis has decreased by 0.66% in the last hour and decreased by 6.62% in the past 24 hours. Gnosis’s price has also fallen by 3.45% in the past week. The current price is £257.63 per GNO with a 24-hour trading volume of £13.91M. Currently, Gnosis is valued at 41.04% below its all time high of £436.97. 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 GBP 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 £670.79M. 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 £436.97. 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 £13.91M.

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 38 days.

What is the relative popularity of Gnosis?

Gnosis ranks 242 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.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.

This Financial Promotion has been approved by Archax LTD on February 7, 2024