Bitcoin News, Blog

Blockchain startup Gnosis to freeze tokens after strong initial sale

Gnosis has frozen most of its wealth after selling 5% of its GNO tokens to investors at $30 each, making it the most expensive digital currency ever offered in an initial sale.

Gnosis is an ethereum-based next generation blockchain that will cater to the prediction markets.

Basically, Gnosis will allow its subscribers to calculate market trends with laser precision.

Although the sale was considered too high, the company attracted large offers and ended up even turning away $3M in additional bids.

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