Gnosis Price

Gnosis (GNO) is a cryptocurrency that serves as the native token of the Gnosis ecosystem. Currently ranked #137 with a price of $141.7, it has seen a +12.22% change in the last 24 hours. GNO is primarily used for staking on the Gnosis Beacon Chain and governance within the GnosisDAO. Originally launched through an ICO in 2017, GNO has a circulating supply of 2.63M GNO out of a total supply of 3M GNO. The token operates on the Ethereum platform and has expanded to other networks including Gnosis Chain and Arbitrum. GNO powers various components of the ecosystem including prediction markets, decentralized exchanges, and layer 1 infrastructure. With a market cap of $374.02M, it represents 26.4% of the fully diluted valuation of $425.1M. The token has traded between $124.48 and $211.99 in the past 24 hours, with a trading volume of $636.29K.

Gnosis (GNO) was created on April 24, 2017. This cryptocurrency was launched through a token sale event, which was the only time GNO tokens were created. The total supply of GNO is fixed at 10 million tokens, with 2.63M GNO currently in circulation. Since its creation, Gnosis has evolved into a significant project in the blockchain ecosystem, focusing on prediction markets and decentralized exchange technology.

Gnosis was founded by Martin Köppelmann and Stefan George, two German blockchain entrepreneurs and developers. They established the project in 2015 and launched the GNO token in 2017 through an ICO (Initial Coin Offering). Köppelmann has a background in mathematics and computer science with previous experience in blockchain projects, while George brings expertise as a mobile app developer. Together, they created Gnosis as a prediction market platform on Ethereum that has since evolved into a broader ecosystem including decentralized exchanges and the Gnosis Chain (formerly xDai Chain).

Gnosis (GNO) operates through a multi-platform ecosystem on the Ethereum blockchain. The token powers three main components: 1. Prediction Markets: Users can create and trade outcome tokens representing real-world events, leveraging collective intelligence for forecasting. 2. Decentralized Trading: GNO utilizes a Dutch auction mechanism for fair price discovery and reduced front-running in token exchanges. 3. Smart Contract Wallet: The GNO Safe provides secure multi-signature wallet functionality for both individuals and organizations. As a utility token, GNO grants voting rights in the Gnosis DAO, allowing holders to participate in governance decisions. With a current price of $141.7 and market cap of $374.02M, GNO ranks 137 among cryptocurrencies. The token has a circulating supply of 2.63M GNO from a total supply of 3M GNO, with no maximum cap defined.

Gnosis operates on a sophisticated three-layer technical architecture: 1. Core Layer: The foundation that handles smart contract interactions, oracle systems, and market mechanisms on the Ethereum blockchain. 2. Service Layer: Middleware components that provide prediction market services, including market creation tools, trading interfaces, and data verification systems. 3. Application Layer: User-facing interfaces and dApps built on top of the Gnosis infrastructure, enabling prediction markets and decentralized trading. The GNO token, currently priced at $141.7, serves as both a utility and governance token within this ecosystem. It uses ERC-20 standard on Ethereum with contract address 0x6810e776880c02933d47db1b9fc05908e5386b96, while also operating on Gnosis Chain and Arbitrum networks through cross-chain bridges. This multi-chain architecture enhances scalability and reduces transaction costs while maintaining security through the underlying Ethereum consensus mechanism.

Gnosis (GNO) has a promising future with a well-defined roadmap focused on expanding its ecosystem. The team is actively working on several key initiatives including enhancing its prediction markets platform, improving decentralized exchange capabilities, and strengthening the Gnosis Chain infrastructure. By 2027, Gnosis aims to complete major protocol upgrades to increase scalability and security. For 2028-2031, the roadmap includes deeper integration with other blockchain networks, expanding cross-chain functionality, and developing more user-friendly interfaces for its prediction market tools. Currently ranked 137 by market cap ($374.02M), GNO has established itself as a significant player in the Layer 1 and prediction markets sectors. The development team continues to prioritize governance improvements through its DAO structure, ensuring community-driven evolution of the protocol. Long-term vision includes becoming a leading infrastructure for decentralized prediction markets and expanding the utility of the GNO token across the broader Web3 ecosystem.