Review on Gnosis by Robiul Islam
An open-source, decentralized prediction platform.
The goal is to disrupt the largest existing industries by creating a real decentralized market prediction platform. It's built on top of the Ethereum blockchain, enabling Ethereum to take advantage of advanced smart contracts. The Ethereum Protocol guarantees a secure and transparent ecosystem, reducing the need for any third party involvement.
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Pros
- The platform acts as a global liquidity hub that allows developers to create diversified, decentralized applications.
- It has developed an ecosystem where data can be used to predict the outcome of an event in different fields.
- It is working closely with various law firms to make the platform compatible with different jurisdictions around the world.
Cons
- While most cryptocurrencies allow functions like peer-to-peer transactions and payments, this token works in a somewhat complicated way.
