Cryptocurrency Q&A
What is the supply of gnosis coin?
What is the supply of gnosis coin?
Giulia
Sun May 26 2024
|
6 answers
752
Could you please enlighten me on the matter of Gnosis coin supply? I've been hearing quite a buzz about it in the crypto community, but I'm still hazy on its specific supply details. Is there a fixed number of Gnosis coins in circulation, or does it have an elastic supply that adjusts based on market conditions? Also, how does the supply of Gnosis coins affect its price dynamics? I'm keen to understand how these factors interplay in shaping the overall value of this cryptocurrency. Thank you for taking the time to explain.
6 answers
Lorenzo
Tue May 28 2024
This prediction market functions as a platform where individuals can stake their tokens on the outcome of certain occurrences, such as the result of a political election or the performance of a financial asset.
Was this helpful?
276
38
HanRiverWave
Tue May 28 2024
At the time of this writing, a circulating supply of 2,589,588 GNO tokens is available in the market.
Was this helpful?
61
97
ShintoMystery
Tue May 28 2024
The working mechanism of Gnosis is based on the Ethereum blockchain, leveraging its decentralized nature for various applications.
Was this helpful?
75
38
SakuraTide
Tue May 28 2024
Gnosis's core objective is to establish a decentralized prediction market, allowing users to participate in and profit from predictions made on various events.
Was this helpful?
120
84
CryptoGuru
Tue May 28 2024
Gnosis, a leading cryptocurrency project, has a maximum supply capped at 3,000,000 coins.
Was this helpful?
138
28
Load 5 more related questions
