Gnosis - the decentralized prediction market platform and oracle standard

[BTCSpearo]

300M market cap is ridiculous.

[vnthpttl]

ICO price is almost 0.6 ether !!!

[vnthpttl]

This is the message i got.


Claim your GNO tokens
Total bid: 17.52 ETH.
You can claim 29.347946 GNO Tokens.

You can claim your tokens in 7 days.

[meeekz]

Absurd ICO. Developers have you by the b*lls

[ethought]

Absurd ICO. Developers have you by the b*lls

Totally agree. This was not a good outcome for investors.

[vnthpttl]

They might burn tokens

[oblomov]

I have a significant position in Augur/REP, but I couldn't buy GNS at a $300M market cap.

I'll begin accumulating at ETH 0.05 or lower...

[HomoHenning]

best case scenario for all investors is a break even.
>300 million marketcap lol
I think a lot of noobs didnt understand the ico price model and burned money today

[Pinkerman]

Actually, the marketcap is only 270M$.

[HomoHenning]

Actually, the marketcap is only 270M$.

it's 312.6M look here: https://gnosis.pm/

[whynotbit]

You might want to see the process of this ICO which is pretty much unique, value of coin decreases over time, not the opposite, so cap right now will only go decreasing, a bit complex model, but looking it thoroughly you will see it is not what you think it is, even Vitalik Buterin agreed this would be a great way to do an ICO, goal is to avoid friction, and not rush since the first GNO will be very expensive, and price decreases over time, and at the end all investors will receive the amount calculated from the last block of the ICO period, meaning even if you invest now you will get more coins than what you think, go look before stating wrong informations.
But it might indeed go pretty fast anyway
Happy investments to all

[Pinkerman]

Actually, the marketcap is only 270M$.

it's 312.6M look here: https://gnosis.pm/

I'm missing something.There are 10M, my bad.

[HomoHenning]

Actually, the marketcap is only 270M$.

it's 312.6M look here: https://gnosis.pm/

I'm missing something.I thought there are 9M GNO.

no there are 10M

[amintek15]

What so ICO ended in 1h ? Hahah price will be so high it can only go down for months IMO ^^ I will buy it after a hard dump maybe
when it will go out on Kraken ?

[barbierir]

Here is my prediction, so sad that Augur is not working already: Gnosis Sale will end on day one. Investors will have around 10-20% of the gnosis tokens, gnosis will have the other 80-90% of the token. Because Gnosis made such a shitty blogpost about the ICO that can only be described as a marketing paper, people did not exactly realize what they got into and when they realize that it will be too late. The ICO already ended. Now with a sell price of around 25$ people realize what a bubble they created, which will lead to a massive orice decrease and panic sells. Think about it, if this ends at 25$ and there are 10 million coins and investors have only about 20% of these coins, then these 10million coins are worth about 250million dollars. Augur has a market cap of 140million dollars. And there the majority of the coins is not in the hands of the developers. If the developers in the case of gnosis decide to sell some coins... Oh boy... This thing will fall apart!
This may be an extreme example, but do the math for 10$ or for 5$ and the result will be quite similar... I think this sudden change of hearts is nothing more than a marketing strategy in order to make as much money as possible and exploit the current golddigger mood in the cryptosphere.

Congratulations for the prediction!

[Mr.Joker]

Here is my prediction, so sad that Augur is not working already: Gnosis Sale will end on day one. Investors will have around 10-20% of the gnosis tokens, gnosis will have the other 80-90% of the token. Because Gnosis made such a shitty blogpost about the ICO that can only be described as a marketing paper, people did not exactly realize what they got into and when they realize that it will be too late. The ICO already ended. Now with a sell price of around 25$ people realize what a bubble they created, which will lead to a massive orice decrease and panic sells. Think about it, if this ends at 25$ and there are 10 million coins and investors have only about 20% of these coins, then these 10million coins are worth about 250million dollars. Augur has a market cap of 140million dollars. And there the majority of the coins is not in the hands of the developers. If the developers in the case of gnosis decide to sell some coins... Oh boy... This thing will fall apart!
This may be an extreme example, but do the math for 10$ or for 5$ and the result will be quite similar... I think this sudden change of hearts is nothing more than a marketing strategy in order to make as much money as possible and exploit the current golddigger mood in the cryptosphere.

Accurate as fuck.

Gnosis has 96% of the tokens lol

[bunglor]

how to buy ico here?

[CarloP]

Damn. I sent ether after 3 minutes from the beginning. They did not arrive in time. This is no good...

[kripteka]

hmm, strange ICO. And price is very big. Let wait Polo and see.

[CarloP]

hmm, strange ICO. And price is very big. Let wait Polo and see.

I hope Gno will not pump like zcash.