Bitcoin Forum

What was Gnosis ICO price?

They had a Dutch auction of the tokens and sold out within minutes at ~$60/token.

How many minutes?

Current price at Polo is 0.053btc , grab now while the price is still within the ICO price. Poloniex also added GNO to ETH's pair ( ETH/GNO ). I believe GNO would multiply upto 15x just like Golem added 3months before.

I think they said 5 mins. If you understand Dutch auctions then you'll realise it was madness.

LOL please return to your cage. Who would by this scam vapour for ICO price.

Look at it

5% only sold for 12M - of that 5% 20 people own 80%

20 insiders and the devs (probably same people) control the entire supply

why you think this got instant add to polo and trex.

This is going to make a few people a fortune and a lot of people losers.

Who will value this vapour poorly distributed dirt at 300M plus

Why dont you grab it all up ?

Fight these scams and these scammers pushing this dirt.

Then do not buy lols, every existing altcoin is accused of being scam, ETH, XMR, XRP, .. etc.. even Bitcoin. I'll be back on this thread after 3months :P

Gotta admit, I bought some.  With that said it really doesn't pass the sniff test.

I notice a lot of new sock puppet accounts all harping on about gno.

With 20 people owning the entire supply sure you can sell it to yourselves for 1 btc each thats fine come  back and tell us all about it in 3 months

Nobody is going to buy this dirt and people are wising up to the new breed of  insta ico.

Have a passion, look fore if gnosis will fall to the price of 30 $ ?

With every ICO today, the price always drops below ICO price in a couple of weeks.
So me, I'll buy later.

I don't know. I kind of wish them well (it's useful tech) and I kind of don't. It's a really scammy start and reminds me of Ripple, who are still scooting around on their ass trying to salvage a business model from the obvious scam they pulled. Just greedy, greedy people all round. I don't know if I can support that. I think as a community we have to castigate these startups that give blocktech a bad name and perhaps leave them to the dogs.

I think Augur did it a lot better and look pretty solid going forward - they don't have this scam ICO thing holding them back as they ran theirs cleanly over weeks.

I have to declare I bought a few GNO but I now feel really dirty.

Price is too high for a coin that has been just released. The way Bitcoin and many other coins released is the best .. paying money for ICO doesn't feel safe at all. This coin will go to <$10 in less than a quarter.

I will never pay for ICOs no matter what. I will only join real coins that grow from 0, like Bitcoin did.. why make business out of coins for the devs? Who guarantees me everything they mention..? This will turn out into a whole business if it isn't already ..

GNO is manipulative ICO. I personally think it don't store any value, at least for now.

only 5% for ico, the price is 0.022BTC or 30$~The price is too high

for me ,it is average 0.0238btc

How is their lock-up period set? This is going to be ugly when the rest of the shares hit the market..

Lets not forget Zcash which rised above btc upon release and look at it now.

If you believe this you are an idiot, because 96% of the GNO tokens in exist will come to market in 12 months, so it's a ticking time bomb of dilution.  And a prediction market token that's 96% held by the developers is beyond idiotic, how can you predict anything when the majority of prediction tokens are all held by one entity?!  Even stupider, the remaining 4% that sold-half of that was to a few big whales so there's literally no distribution for this token, and nobody wants to buy into it because of the shady ICO.  This makes Gnosis entirely worthless as it is right now, anybody who participated in the ICO is just lucky that the altcoin market is in such a stupid bubble right now that you can still get your money back.