Express

Prediction Market Protocol Gnosis Launches Decentralized Autonomous Organization GnosisDAO

Mary Liu

Summary: The prediction market protocol Gnosis today announced the launch of the decentralized autonomous organization GnosisDAO. GnosisDAO uses futarchy (prediction market) to guide proposals. Anyone can participate by joining the Gnosis forum. After initialization, GnosisDAO will effectively control 150K ETH and 8 million GNO tokens with a vesting period of 8 years. The first proposal to ...

The prediction market protocol Gnosis today announced the launch of the decentralized autonomous organization GnosisDAO. GnosisDAO uses futarchy (prediction market) to guide proposals. Anyone can participate by joining the Gnosis forum. After initialization, GnosisDAO will effectively control 150K ETH and 8 million GNO tokens with a vesting period of 8 years. The first proposal to GnosisDAO included the distribution of GNO to active participants, the introduction of SAFE tokens for management, and the development of the Gnosis protocol.

By Mary Liu

Last Update:

Tags: ,,
Link: Prediction Market Protocol Gnosis Launches Decentralized Autonomous Organization GnosisDAO   [Copy]
Next:

Related Articles

  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 3 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 6 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 10 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 12 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 14 days ago

    • You need to login to comment.