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Mohammad Shuja photo
Lahore, Pakistan.
1 Level
135 Review
31 Karma

Review on Gnosis by Mohammad Shuja

Revainrating 4 out of 5

Gnosis is quite popular prediction platform.

The goal of Gnosis is to provide a platform for market prediction that is both reliable and safe. Up to this point, the Gnosis team has met all of the objectives outlined in its roadmap, and a number of intriguing initiatives are now in the works. Its goal is to disrupt the biggest current businesses by developing a platform for market prediction that is truly decentralized in its operation. It is built on top of the Ethereum blockchain, which allows it to benefit from the sophisticated smart contracts available on the Ethereum platform. The Ethereum protocol ensures a safe and transparent environment by removing the requirement for any third party to be involved in the process.



It acts as a global liquidity center, allowing developers to build diverse, decentralized applications on the prediction platform. It has created an ecosystem in which information gathered from different sources may be utilized to forecast the result of an event in a variety of domains, including price discovery, insurance, financial markets, and other areas of interest. It has been working closely with a number of legal firms to ensure that the platform is compliant with a variety of different jurisdictions across the world.

Pros
  • It performs the function of a fee credit begins to produce.
  • Decentralized estimation market.
  • It's the world's best predicting tool.
Cons
  • It operates in a rather convoluted manner.

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