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GNOSIS: EXECUTIVE SUMMARY
🕑 Added 2019-12-13 20:13:29 +0000 UTCTIERS: VISIONARIES/FOUNDERS
Gnosis is another part of the DeFi Network. The team had great target contact. Keep your wits about you in this hour long remote viewing session.
Gnosis (GNO): The Basics
- Gnosis is an open-source, decentralized prediction market built using the Ethereum blockchain. Apart from being a prediction market, it is essentially an infrastructure which facilitates the creation of diversified market forecasting apps.
- Three core objectives drive the Gnosis platform:
- Providing the world’s most efficient forecasting tool.
- Incorporating customized information searching in the Gnosis platform.
- Setting a standard for prediction assets.
- GNO token is the primary cryptocurrency of the Gnosis platform. The platform also has a secondary token called WIZ, which operates internally. The GNO token works as a license to access the Gnonis platform.
How is GNO different from other cryptocurrencies?
- While most cryptocurrencies allow functions like peer-to-peer transactions and payments, GNO token works in bit complex way. GNO tokens are an integral part of Gnosis ecosystem an essentially a license required to access GNO platform.
- GNO acts as a fee credit generating machine. GNO tokens are used to create WIZ tokens (another cryptocurrency of Gnosis platform) which in turn are used to pay different fees for accessing Gnosis platform.
- For generating new WIZ, GNO tokens are locked for a specified duration decided by the user. During the lock-in period, the tokens become non-transferable. The lockdown period can be ranged from one month to twelve months.
Comments
Thank you for sharing this information, dear CryptoLoki. Cheers, Rose
Libra coin may be a good temporary “stable coin” to trade out of when market goes up (when it comes out). Basket of currencies. Also, Pax is coming out with a gold backed coin called pax gold coin. Redeemable for 1 ounce of gold (they also of a dollar backed stable coin). You can deposit it on NEXO account and earn 8% APR paid daily. Insured by Loyds of London. I will be purchasing it. Passive income with inflation protected gold backed coin. Thoughts?
Hello dear Lilly's Dad. The discount does not depend on the tier you are in. I think the only prerequisite needed is a minimum transaction volume of 1.000 or 2.000 USD (don't know precisely but it is explainded in the third video. Warm greetings, Rose
Hello good people at Crypto Viewing, Please tell me which tier one needs to be in of Crypto Viewing to be able to get a discount at Cabel and Brown.
