Gnosis is a decentralized prediction market that is built on top of the Ethereum network. A prediction market operates using predictions from users about future events. People using the Gnosis platform can create markets for predicted events, which users can buy shares of if they wish to speculate on that future event.
Gnosis was founded in 2015 by Stefan George and Martin Köppelmann. It was the one of the first live applications running on Ethereum in 2016.
The Gnosis platform uses a dual token structure. The Gnosis token (GNO) is an ERC-20 utility token that was sold during the Gnosis ICO, held in April 2017. OWL tokens can be earned by staking GNO on the platform.
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