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Gnosis Wallet

GNO is the native token of the Gnosis ecosystem. It’s used for staking on the Gnosis Beacon Chain and acts as the governance token for the GnosisDAO.
As a DAO, Gnosis uses the products that it creates to transparently guide decisions on the development, support, and governance of its ecosystem.

Gnosis Safe (multisig and programmable account), Cow Protocol (formerly CowSwap and Gnosis Protocol), Conditional Tokens (prediction markets), Gnosis Auction, and Zodiac (standard and tooling for composable DAOs) are all products incubated by Gnosis. Their success is demonstrated by the recent spin-out of Cow Protocol and the formation of SafeDAO. By combining needs-driven development with deep technical expertise, Gnosis has built the decentralized infrastructure for the Ethereum ecosystem.

In November 2021, both the xDAI and GnosisDAO community voted to combine their vibrant ecosystems to create the Gnosis Chain: an EVM compatible, community owned network that prioritizes credible neutrality and resiliency. It uses the xDai token and includes a wide-ranging group of projects and users. Secured by over 100k validators around the world, Gnosis Chain has all the tooling you are used to and trustless bridges to mainnet soon. Using the same execution layer and consensus layer clients as Ethereum, Gnosis Chain is compatible with all future EIPs.

What Can You Do With a Gnosis (GNO) Wallet? ​

Zengo has all the best features for your crypto! You get easy access to your assets, fluid trades, guaranteed token recovery, and powerful protection from hackers. And that’s just the basics! There is lots more to ZenGO, so here’s what you need to know about Zengo’s keyless wallet:

View Your Gnosis (GNO) Portfolio

Managing your GNO shouldn’t be stressful or time-consuming. That’s why we made sure Zengo replaces other crypto management apps or forums to give you all the info you need in one place. Track your portfolio, and market movements all in one place.

Send and Receive Gnosis (GNO)

Zengo makes moving GNO quick and easy! With only a few swipes you can send crypto anywhere. To receive, all you need to do is share your wallet address with the sender. As soon as the coins are in your wallet, Zengo will send you a notification.

Buy Gnosis (GNO) on Zengo ​

Zengo makes purchasing GNO easier than ever. Zengo believes that everyone should be able to have access to crypto, which is why we offer multiple payment options for our customers.

Fiat to Gnosis (GNO) Gateway

There is no need to trade your current portfolio for new tokens. With the Zengo app, you can purchase GNO using fiat currencies such as Euros, US Dollars, or the Pound sterling. All while the Zengo app keeps your assets secure.

Buy Gnosis (GNO) With Credit Card or Wire Transfer

Using Zengo’s wallet, you can buy GNO and other crypto assets with several convenient payment methods. Zengo is compatible with Mastercard, VISA, SWIFT, mobile payment apps, SEPA, and Bank Transfers (although in the EU or UK, minimum amounts apply).

Holding and Storing Gnosis (GNO)

If you want to store GNO tokens for a long time, Zengo is what you need. Our wallet features simple recovery methods combined with state-of-the-art security systems. In plain English, with Zengo, you always have access to your crypto even if you lose, break, or change phones.

Trade or Exchange Gnosis (GNO) for SHIB, DOGE, BTC, ETH, and Other Coins and Tokens

With Zengo, you can trade GNO whenever you want with Zengo. Select what you need from an impressive list of tokens like Ethereum, Bitcoin, Tether, USDC, Tezos, and Dogecoin in the Zengo keyless wallet.

Competitive Interest Accounts for Dozens of Crypto Coins

Our savings service at Zengo has better interest on savings than most traditional banks! But keep in mind that this offer only applies to certain coins. Just keep checking in because new deals are always coming online.

Top 10 Things You Should Know about Gnosis (GNO)

Thinking about buying some GNO? Here are the key points about the project:

1. What is Gnosis (GNO)?

GNO is a token for interacting with Gnosis prediction markets which create conditional tokens. These tokens are tied to real-world events and traded based on users’ predictions.

2. Who Created Gnosis (GNO)?

Martin Koeppelmann and Stefan George founded Gnosis in 2015 as part of their vision to build a blockchain-based, open-source, and permissionless prediction market. Before creating Gnosis, Stefan had created a Bitcoin-based prediction market.

3. Why Was Gnosis (GNO) Created?

The creators of Gnosis believe that prediction markets represent uncensored data on real-world events which could be of use to predict events. Government, investors, and insurance companies might benefit from prediction market data.

4. What is the Use Case for Gnosis (GNO)?

GNO is required to participate in Gnosis DAO governance and to earn OWL tokens, a stablecoin pegged to the USD. The Gnosis platforms incentivize users to pay for their fees in OWL tokens on the gnosis DEX and prediction markets.

5. When Was Gnosis (GNO) Introduced?

The GNO initial coin offering was in 2017 alongside the prediction market then named Olympia. Gnosis has now grown to include a DEX and multisig wallet. Initially, the stablecoin Gnosis offered was called WIZ but rebranded to OWL in 2018.

6. Can You Mine Gnosis (GNO)?

The total supply of Gnosis has already been generated, and no more can be mined. GNO tokens can instead be staked to earn OWL, a stablecoin that can be used across Gnosis platforms.

7. How Many Gnosis (GNO) Tokens Are There?

The total supply of GNO tokens is 10 million, all of which were minted in the 2017 ICO, however, only 5% of GNO were released to the public, and the rest were held in the Gnosis vaults which can be viewed on Etherscan here and here.

8. What Kind of Blockchain Does Gnosis (GNO) Run On?

GNO is an ERC-20 token built on the Ethereum blockchain. In 2021, Gnosis Chain was announced, which is an Ethereum virtual machine made from the combined resources of xDAI and Gnosis to facilitate faster transactions of stablecoins.

9. Does Gnosis (GNO) Have an Online Community?

The Gnosis community can be found on Discord and Twitter. The Gnosis team also created Gnosis DAO which has a forum for discussions related to the DAO and many other products associated with conditional tokens.

10. Are Gnosis (GNO) Prediction Markets Gambling?

Indeed users do perform trades that bet on the outcomes of real-world events. However, holding GNO tokens is not the same as participating in prediction markets. Its creators point out that by incorporating smart contracts into prediction markets rather than a central authority, the data obtained can be protected from censorship and bias, and can even be used to predict future events.

What Are the Features of Gnosis (GNO)?

GNO is an ERC-20 token that runs on the Ethereum blockchain.​

Conditional tokens represent potential outcomes of real-world events and can be traded.​

GNO can be staked to earn OWL, which pays fees associated with generating conditional tokens.​

Gnosis also has a decentralized exchange CowSwap for trading conditional tokens.​

To participate in the Gnosis DAO governance process, voters must hold GNO.​

Gnosis has also created a “multisig” wallet for organizations wanting funds only to be accessed with several people “signing” off.​

Gnosis conditional tokens can be traded across different prediction platforms.​

Fun Facts About Gnosis (GNO)

Prediction markets can be biased, yet decentralization solves this by using smart contracts instead of a central decision-maker.​

Gnosis has suggested prediction markets could help create a “futarchy” to help governments make better decisions.​

Conditional tokens generate data that may be very helpful to finance and data science.​

Gnosis hosts DappCon, a non-profit for Ethereum developers.​

Conditional tokens outcomes and predictions can be combined for high resolution and potentially valuable data. ​

Full Node, a co-working space for decentralized projects, is also sponsored by Gnosis.​

Why Choose Zengo?

Zengo is a one-stop-shop for all your cryptocurrency needs. The wallet has several unique features that make trading a breeze, whether you are highly experienced or a complete beginner.

Portfolio Accessibility

With Zengo, you can access your crypto portfolio at any time. Buy, trade, view, or send Ethereum to friends and family on the go, whenever you need to. Unlike other wallets, there are no minimums, no maximums, and no expensive transaction fees. Just safe and simple transacting.

Gnosis (GNO) Keyless Wallet Security

Zengo knows how important it is to keep your crypto safe. Our advanced 3-factor authentication, powerful facial recognition technology, and threshold key signature (TSS), make it nearly impossible for hackers to access your assets.

Control your Crypto

Zengo’s wallet allows you to buy, sell, send, and trade GNO tokens with a few easy taps. Zengo is fast and easy to use, but you always keep control of your coins. 

Effortless Recoverability

Zengo will be able to restore access to your wallet and your coins through its authentication methods. If you lose your device at any time, our helpful agents will help you recover access in no time. 

24/7 Support with Live Agents in-App

At Zengo, we love automation and technology but not for our helpdesk. Find live support agents directly in the app, whenever you need them. We’re available 24/7. Zengo will help new crypto investors every step of the way.

Is anything unclear?

Gnosis (GNO) Wallet FAQ

Need more details about Zengo’s GNO wallet? Check out the Q&A below to find the answers:

Zengo makes sure trading and holding GNO isn’t complicated. Find the app in Google Play or the App Store. After you download and install it, complete the prompts to set up identity verification. Once you’re set up, go to the home screen to buy your first crypto!

In order to hold GNO tokens, you will need a wallet like Zengo that can support it. 

Zengo’s advanced biometrics and built-in security features keep your assets safe from hackers. Even if your phone breaks, gets lost, or is stolen, our authentication methods will recover your crypto, so you don’t have to worry.

Crypto wallets serve as proof of ownership. To store your Gnosis coins, you will need a wallet that is compatible with GNO. When you choose a Zengo wallet you can also buy, sell, and hold GNO without any hassle.

It’s not hard! You only need to follow these five steps:

  1. Search for Zengo in the App Store or Google Play. Next, hit install and then tap Get Started.
  2. Zengo will send you an email to verify your email address.
  3. Set up facial recognition by following directions in-app
  4. Secure your account by choosing “Backup Now.”
  5. Now you have a Zengo wallet!

Welcome to crypto! You are now all set to purchase your first digital assets.

Once you open your Zengo account, your unique wallet address is created. To see it, choose GNO from the Zengo home screen and swipe to the right. You will be shown a long line of numbers and letters which make up your wallet address. In order to receive GNO, show these to the sender. If they are with you in person, the quickest way to share your address is to have them scan the QR code shown!

If you wish to gift GNO tokens to someone, it’s essential the recipient has a wallet that supports GNO. In case they don’t have one yet, just give them an invite to get Zengo!

In order to send GNO, navigate to the Zengo home screen, click the token, and swipe left. Make sure you have your friend’s wallet address in order to complete the prompts. Choose send, and the person will get a notification when the GNO is in their wallet.

With just a few taps! Find GNO on the Zengo home screen. Select it, and swipe left. Have the receiver share their wallet address and enter it into the app, follow the prompts, and tap send. Once the funds arrive, the receiver will get a notification.

To receive GNO tokens, share your GNO wallet address with the sender. To get your address, search for the GNO icon on the Zengo home screen. Touch it, and swipe right. The app will show a string of numbers and letters that are your GNO wallet address. Get the sender to scan the QR code or copy the numbers and letters. When the funds arrive, you will get a notification!

Disclaimer: The information provided herein is for educational purposes only. Zengo does not provide any investment or financial advice whatsoever. As with any financial or investment decision, conduct your own research and due diligence to properly evaluate the benefits and risks of any investment or financial transaction and seek the advice and guidance of qualified financial professionals, in connection with any investment or financial transaction.