Gnosis is a decentralized prediction market built on the Ethereum protocol. Gnosis provides an open platform for people to predict the outcome of any event, greatly simplifying the process of creating custom prediction market applications. At the same time, Gnosis takes advantage of the blockchain trust machine and the automatic execution of smart contracts to enable players to enter the prediction market more flexibly and freely, bringing a greater imagination space to the prediction market. In the future, Gnosis participants will not even need to be natural persons. In the Internet of Things, the information collected by sensors can also be easily entered into the blockchain as information assets for trading.

Token upgrade from STAKE to GNO, the user's STAKE will be converted to GNO at a ratio of 1:0.0326292707.

Project Highlights

Gnosis is built on Ethereum, a next-generation blockchain protocol that supports advanced smart contracts. Ethereum is censorship-resistant, globally available, and provides transparent guarantees for the future operation of the platform. With Ethereum, we can eliminate middlemen and counterparty risk.

Application scenario

Prediction markets can be used to estimate prices, one potential use case is prediction markets for pre-auction estimates of artwork. One use case for a financial market application is the demonetization forecast of a securities research firm to obtain external feedback on expected stock fundamentals. Allowing trading based on a wide variety of stock fundamentals is a development that could be truly transformative for financial markets as a whole, promising more efficient and less volatile markets.