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Cryptocurrency exchange Poloniex adds support for Gnosis token

Leading cryptocurrency exchange Poloniex has announced that it has added support for Gnosis token on its platform.

Founded by Martin Köppelmann and Stefan George, Gnosis is a decentralized prediction platform built on Ethereum and the first project founded within blockchain venture studio ConsenSys. The platform will allow anyone to create a prediction market for any event and be rewarded for accuracy. Last month, it launched its decentralized platform for prediction markets, which follows its beta launch last August.


Gnosis conducted a record-breaking token crowdsale in April in which it raised $12.5 million, with Gnosis (GNO) tokens (equivalent to 250,000 Ethereum (ETH)) sold out in a matter of just twelve minutes.

“We are humbled to have seen such strong support from the community in our token sale”, Gnosis said in an online post. “It’s an affirmation of both the project and team, and we are honored that the community holds such high opinions of us.”

Gnosis is currently among the top 15 cryptocurrencies by market capitalization. One GNO token is worth $84 at the time of writing, and market cap stands at $93 million.

In addition to Poloniex, GNO tokens are being traded on Bittrex, Kraken, Liqui, HitBTC, and BX Thailand.

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