Industry Watch 30 August, 2021 – 12:00

Nami Exchange will list Gnosis Token (GNO)

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Dear Nami Community,

Along with the potential and growth of the tokens Kephi (KPHI), MOBOX (MBOX), ForTube (FOR), Request Network (REQ)… have been listed, Nami Corporation would like to announce that Nami Exchange officially lists the GNO token, with trading pairs GNO/VNDC and GNO/USDT to further expand the portfolio of users and the community.

Specially:

  • Deposits for GNO open now.
  • Exchange Trading with trading pairs GNO/VNDC and GNO/USDT will open at 13:00 (UTC +7) on August 30, 2021.
  • Withdrawals for GNO will open at 13:00 (UTC +7) on August 31, 2021.

What is Gnosis (GNO)?

Gnosis is an open source platform for the prediction market.

The idea behind the Gnosis prediction market platform is to create a blockchain that allows users to trade cryptocurrencies that represent event outcomes on the open market. As events unfold and the outcome becomes apparent, Gnosis tokens increase or decrease in value depending on what the user predicts.

Gnosis’s goal is to build an infrastructure for a variety of decentralized applications that can act as a forecaster, source of information, and standard for prediction assets in this market.

How does Gnosis work?

Gnosis uses three distinct platforms.

Apollo – A prediction market platform where users can create their own tokens (tokens that represent information, incentives or ideas)

DutchX – A decentralized exchange where users can trade and auction their tokens

Gnosis Safe – A cryptocurrency wallet and browser that interacts with Ethereum applications.

In addition, there are three layers to Gnosis’s architecture that help unify these platforms.

Core layer – contains smart contracts that power events, resulting tokens, mediation, and market mechanisms

Service Layer – Provides additional services such as chatbots, payment processor integration, and stablecoins. This then also controls its transaction fee model. Gnosis predicts most consumer applications will interact with features on this layer.

Application Layer – Contains market prediction DApps built on top of Gnosis. While Gnosis builds some applications for prediction markets, the majority of the applications accessible in this layer are built by third parties who may charge users for services.

Information about GNO

  • Token Name: GNO Token
  • Ticker: GNO
  • Max Supply: 10,000,000 GNO 
  • Circulating Supply: 1,504,587 GNO
  • Blockchain: Ethereum
  • Token type: Utility
  • Standard: ERC-20
  • Address contract: 0x6810e776880c02933d47db1b9fc05908e5386b96

 

About Nami Corporation

Nami Futures of Nami Corp was established in Singapore in 2017, specializing in research and development for Crypto and Forex trading solutions.

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