What is Gnosis?
Gnosis wanted to change prediction market by drawing from liquidity pool and must be universal to make truly disruptive. Gnosis is decentralized prediction platform created on Ethereum Blockchain. The development of project was started in 2015 and it is launched by Martin Koeppelmann and Stefan George. As Goerge was also responsible of founding bitcoin prediction portal i.e. Fairlay. Basically, they wanted create Prediction market without involvement of any third party that available for everyone.
The main infrastructure of Gnosis is available for decentralized application to deploy forecasting tools, information source and predictable asset standards. The network wanted provide realistic possible outcomes along with cryptocurrency trading depending on the market situation. Gnosis is capable of integration human number and AI number that hold relevant information.
The recent version of Gnosis is working on creating new market mechanism that will be used in Open finance. Gnosis enable interoperability that gives open access to information, financial infrastructure and resources. Gnosis is based on two tokens in which GNO works as primary token and OWL is secondary token, reason behind adoption multi tokenized mechanism is to lower barrier of user entry and promote their platform.
Gnosis Price Prediction
|Month & Year||GNO Price Prediction|
|Based on||Prediction market|
|All-time high||$461 USD|
|Exchange Platform||Kraken, hoo, Bittrex, CoinEx, Bitfinex, HitBTC, Livecoin, GOPAX, Bancor network, uniswap, Kyber Network, VALR, Mercatox.|
GNO ICO Overview
|Raised by||$12,500,000 USD|
|Date of ICO||23 April 2017|
|ICO Price||$29.85 USD|
Gnosis Price Analysis
Gnosis finally launched their own protocol back in April 2020 that takes almost 2 year to complete long awaited project. The protocol is nothing but decentralized exchange protocol that mainly enable rind trades for increase liquidity on the platform. Ring trade is basically increase liquidity for long hold token that also known as prediction token. However, looking at price graph Gnosis was pretty successful in the beginning on 2018, where it very closed reach $500 USD. However, Gnosis sees huge dropped in price, where it almost dropped below $10 USD, as of writing it already crossed its previous year 2020’s best price. In march 2020, it dropped to $9.26 USD and since then it started following bullish trend and there is growth in trading volume too.
Will hit $1?
How much GNO will be worth in 5 years?
How Much Gnosis Worth in 2030?
Probably crossing $100 USD mark.
Is Gnosis a Good Investment?
Yes, for long hold unlock good passive income.
Gnosis is one of the vintage blockchain projects i.e. based on the of important aspect on trading cryptocurrency. Their decentralized permissionless protocol that has serverless design to ensure it will always available for trading. Platform also promoting building decentralized application with protocol by providing infrastructure with unique properties. Ring trade innovation also benefit the protocol in DEX that enable different feature like anyone can list their token on protocol, limit on order, batch auction and many more. So, basically, Gnosis is here for change and being consistent with development and having separate fund program developer has different approach than other project.