Ethereum-based market platform unveils a new DAO

Cointelegraph

Published Nov 23, 2020 11:01AM ET

Updated Nov 24, 2020 12:20PM ET

Gnosis, an Ethereum-based platform that facilitates betting on events and other metrics, revealed plans for its own decentralized autonomous organization, or DAO, called GnosisDAO.

“This will have the effect of progressively decentralizing Gnosis as a project using a native governance framework powered by their token economy, bringing governance to the coming internet of value,” according to a public statement Monday sent to Cointelegraph.

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