Gnosis (GNO) traded 7% higher against the US dollar during the 1-day period ending at 21:00 PM E.T. on August 5th. During the last week, Gnosis has traded up 0.3% against the US dollar. One Gnosis coin can now be purchased for $165.48 or 0.00711167 BTC on popular exchanges. Gnosis has a total market cap of $426.86 million and approximately $5.97 million worth of Gnosis was traded on exchanges in the last day.
Here is how similar cryptocurrencies have performed during the last day:
- BITCOIN ADDITIONAL (BTCA) traded 2.7% higher against the dollar and now trades at $23,265.95 or 0.99990000 BTC.
- Binance USD (BUSD) traded down 0% against the dollar and now trades at $1.00 or 0.00004297 BTC.
- Crypto.com Coin (CRO) traded up 5% against the dollar and now trades at $0.41 or 0.00001075 BTC.
- Dai (DAI) traded 0% higher against the dollar and now trades at $1.00 or 0.00004297 BTC.
- Polygon (MATIC) traded 3% higher against the dollar and now trades at $0.92 or 0.00003945 BTC.
- Mammoth (MMT) traded 6% lower against the dollar and now trades at $0.85 or 0.00003632 BTC.
- yOUcash (YOUC) traded 0% lower against the dollar and now trades at $0.51 or 0.00002197 BTC.
- FTX Token (FTT) traded 5.7% higher against the dollar and now trades at $30.76 or 0.00132216 BTC.
- Chainlink (LINK) traded up 6% against the dollar and now trades at $7.82 or 0.00033606 BTC.
- Geegoopuzzle (GGP) traded 2.6% lower against the dollar and now trades at $14.86 or 0.00063864 BTC.
Gnosis (CRYPTO:GNO) is a coin. It launched on April 18th, 2017. Gnosis’ total supply is 3,000,000 coins and its circulating supply is 2,579,588 coins. The official message board for Gnosis is medium.com/gnosis-pm. The Reddit community for Gnosis is /r/gnosisPM and the currency’s Github account can be viewed here. The official website for Gnosis is gnosis.io. Gnosis’ official Twitter account is @gnosisPM and its Facebook page is accessible here.
GnosisDAO builds decentralized infrastructure for the Ethereum ecosystem.
In late 2020, Gnosis announced plans to fully decentralize into a DAO (Decentralized Autonomous Organization). Today, the GnosisDAO treasury has effective control of over 150K ETH and 8 Million GNO tokens, with the GNO tokens vested over 8 years.
A year later, in 2021, the xDai and GnosisDAO communities voted to combine their vibrant ecosystems to create the Gnosis Chain: An Ethereum forerunner-companion that addresses scaling issues through solid engineering. Gnosis Chain is the associated execution-layer EVM chain for stable transactions. It uses the xDai token and includes a wide-ranging group of projects and users.
The Gnosis mission has always been centered on experimentation and building decentralized infrastructure for the Ethereum ecosystem. When Gnosis was founded in 2015, it focused on building prediction markets to enable worldwide access to accurate information. While creating the prediction market platform, it became clear that Gnosis needed to build the infrastructure required to support it. Gnosis Safe, for example, was born of necessity.
As a DAO, Gnosis uses the products that it creates to transparently guide decisions on the development, support, and governance of its ecosystem.
Gnosis Safe (multisig and programmable account), Cow Protocol (formerly CowSwap and Gnosis Protocol), Conditional Tokens (prediction markets), Gnosis Auction, and Zodiac (standard and tooling for composable DAOs) are all products incubated by Gnosis. Their success is demonstrated by the recent spin-out of Cow Protocol and the formation of SafeDAO. By combining needs-driven development with deep technical expertise, Gnosis has built the decentralized infrastructure for the Ethereum ecosystem. “
Buying and Selling Gnosis
It is usually not possible to buy alternative cryptocurrencies such as Gnosis directly using U.S. dollars. Investors seeking to trade Gnosis should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Gnosis using one of the aforementioned exchanges.
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