What Is Gnosis (GNO)?
Gnosis DAO builds decentralized infrastructure for the Ethereum ecosystem In November 2021, both the xDAI and DAO community voted to combine their vibrant ecosystems to create the Gnosis Chain: An Ethereum forerunner-companion that addresses scaling issues through solid engineering.
Gnosis Coin Chain is the associated execution-layer EVM chain for stable transactions. It uses the xDai token and includes a wide-ranging group of projects and users. The mission has always been centered on experimentation and building decentralized infrastructure for the Ethereum ecosystem. When It was founded in 2015, it focused on building prediction markets to enable worldwide access to accurate information.
While creating the prediction market platform, it became clear that Gnosis needed to build the infrastructure required to support it. Gnosis Safe, for example, was born of necessity. As a DAO, They uses the products that it creates to transparently guide decisions on the development, support, and governance of its ecosystem.
Important Points Table Of Gnosis