The live price of Gnosis is - per (GNO / USD) with a current market cap of $350.47M USD. 24-hour trading volume is - USD. GNO to USD price is updated in real-time. Gnosis is -% in the last 24 hours with a circulating supply of 2.64M.
| Date Comparison | Amount Change | % Change |
|---|---|---|
| Today | - | 0% |
| 30 Days | - | 0% |
| 60 Days | - | 0% |
| 90 Days | - | 0% |
Gnosis is a decentralized prediction market built on the Ethereum protocol. It provides an open platform for people to make predictions about the outcomes of any event, greatly simplifying the creation of custom prediction market applications. Gnosis leverages the blockchain's trust mechanism and the automatic execution capabilities of smart contracts, allowing participants greater flexibility and freedom in entering prediction markets. This opens up vast possibilities for the prediction market. In the future, participants may not even need to be natural persons — in the Internet of Things (IoT), data collected by sensors could easily be recorded on the blockchain and traded as information assets.
With the STAKE to GNO token upgrade, users' STAKE tokens will be converted to GNO at a ratio of 1:0.0326292707.
Prediction markets can be used for price forecasting. One potential use case is a prediction market for estimating the value of artworks before auction. In financial market applications, one use case is non-monetized predictions by securities research firms to gather external feedback on expected stock fundamentals. Allowing trades based on a wide range of stock fundamentals could represent a truly transformative development for the financial market, potentially leading to more efficient and less volatile markets.
Gnosis is built on Ethereum, a next-generation blockchain protocol that supports advanced smart contracts. Ethereum resists censorship, is globally accessible, and ensures transparent operations for the platform's future. With Ethereum, intermediaries and counterparty risks can be eliminated.
The Gnosis to other currencies exchange rate?
