Ano ang Gnosis? (GNO)

The Beginner’s Guide

Gnosis aims to provide an open-source infrastructure for prediction markets built on Ethereum.

If you’re unfamiliar, a prediction market is a type of marketplace, not unlike an exchange, except instead of trading assets, users trade the outcome of events. Often restricted by regulators, it is believed cryptocurrencies hold the potential to decentralize the operation of prediction markets, opening their access across the globe.

This is the idea behind the Gnosis prediction market platform, a blockchain enabling users to trade cryptocurrencies that are representative of event outcomes on an open market. 

As the events unfold and outcomes become clear, Gnosis tokens gain or lose value depending on what was predicted by the user. 

Gnosis’ goal is to build an infrastructure for many decentralized applications that can act as forecasting tools, sources of information and standards for predictive assets in this market.

By allowing access from any party to its platform and aggregating public opinion in an uncensored source, Gnosis believes it can build a reliable forecasting tool that could have applications for decision-makers in finance, government and insurance, among other sectors.

The Gnosis software uses two cryptocurrencies, GNO and OWL, both of which help ensure its transactions are reliable and distributed. Today, Gnosis continues to make progress toward its ambitious goals, but it is by no means alone, facing market competitors like Augur (REP).

Gnosis keeps users updated on the status of its roadmap through its official website and blog.

What is Gnosis? (GNO)

Sino gumawa ng Gnosis?

Founded in 2015 by Martin Koeppelmann and Stefan George, the Gnosis prediction market platform was one of the first projects backed by the Ethereum-focused incubator, ConsenSys.

Prior to Gnosis, George founded a centralized Bitcoin prediction market,

In 2017, an initial coin offering (ICO) for the GNO cryptocurrency, raised 250,000 ETH (roughly $12.5 million) by selling 4 percent of its supply. The sale ended in under 15 minutes.

Later in 2017, Gnosis would launch Olympia, a test version of its prediction market platform. In 2018, the project launched Apollo, version 1.0 of its platform, and DutchX, a decentralized exchange.

By the end of 2018, Gnosis had also launched its wallet platform, Gnosis Safe.

How does Gnosis work?

Ang Gnosis ay gumagamit ng tatlong magkahiwalay na mga platform upang makamit ang pananaw nito. 

  • Apollo – Isang prediction market platform kung saan ang mga user ay maaaring lumikha ng sarili nilang mga token (mga token na kumakatawan ng impormasyon, insentibo o mga ideya)

  • DutchX – Isang decentralized exchange kung saan ang mga user ay maaaring magtrade at mag-auction ng kanilang mga token

  • Gnosis Safe – Isang cryptocurrency wallet at browser na nakikipag-ugnay sa mga ethereum app. 

Bilang karagdagan, mayroong tatlong mga layer sa Gnosis’ architecture na pinagsasama ang mga platform na ito.

  • Core Layer – Ang pundasyon ng platform, ito ay naglalaman ng mga smart contract na nagpapalakas ng mga event, ang kinalabasan ng mga token, ang mga settlement at mga market mechanism

  • Service Layer – Nagbibigay ng karagdagang mga serbisyo tulad ng mga chatbot, payment processor integration at mga stablecoin. Kinokontrol din nito sa paglaon ang trading fee model nito. Inaasahan ng Gnosis na karamihan sa mga consumer application ay makikipag-ugnay sa mga feature sa layer na ito. 

  • Applications Layer – Naglalaman ng prediction market dapps na binuo sa Gnosis. Habang ang Gnosis ay bumubuo ng ilang mga application para sa mga prediction market, ang karamihan ng mga application na naa-access sa layer na ito ay binuo ng mga third-party na maaaring singilin ng mga user para sa kanilang mga serbisyo. 

Ano ang mga GNO token?

Ang Gnosis cryptocurrency, GNO, ay isang Ethereum-based token na ibinebenta noong panahon ng Gnosis ICO. Ang pangunahing kaso ng paggamit ng GNO ay para sa pagbuo ng mga OWL token sa pamamagitan ng staking. 

Maaaring i-lock ng mga user ang GNO para sa isang tiyak na tagal ng oras (hanggang sa isang taon) upang makakuha ng mga reward. (Ang halaga ng natanggap na OWL ay kinakalkula batay sa haba ng staking period.)

Ang kabuuang supply ng GNO ay nakaayos sa 10 million na token.

Ano ang mga OWL token?

OWL tokens are used to pay fees on the Gnosis prediction market platform. Eventually, Gnosis will also allow OWL to be spent on trading fees in its predictions market. 

OWL tokens are pegged to the US dollar, so that every OWL token is worth $1. Gnosis will adjust the OWL distribution in order to maintain its peg. 

Importantly, users can also pay fees with various Ethereum tokens rather than in OWL. 

All fees not paid for in OWL are collected, sold for GNO and burned. Previously named WIZ tokens, Gnosis rebranded to OWL tokens with the redesigning of their website.

Bakit may value ang GNO at OWL?

Both GNO and OWL tokens derive value from their roles in facilitating the operation of the decentralized Gnosis network. Both work in different, complementary ways.

First, users need to stake GNO cryptocurrency to generate OWL tokens (which are needed to pay fees on the platform). Additionally, the maximum supply of GNO tokens is fixed at 10 million GNO, meaning GNO tokens may hold value for anyone looking to enter Gnosis markets. 

Users are incentivized to pay fees in OWL (rather than another token), as it is built for the platform and works in conjunction with GNO. Second, for every OWL token used, the GNO locked up in staking contracts will generate new OWL. 

Lastly, there is a built-in penalty if OWL is not used, as more OWL tokens will be created if less than 90 percent of Gnosis fees are paid with OWL.

Why should I use Gnosis?

Investors may want to add GNO to their portfolio should they believe the predictions market will become an essential tool in the capital and data science markets.

Likewise, Gnosis adds to the cryptocurrency ecosystem by allowing users to trade for the outcomes of certain events. These can range from predicting the price of a certain asset to betting on the outcome of elections.

So, users who believe in the long-term value of driving change with prediction markets may also want to support the platform and its larger mission.


Get Started

Ngayon ay handa ka nang gawin ang susunod na hakbang at bumili ng Gnosis!