Today We Look at Gnosis Coin

Lets take a look at Gnosis, currently trading at 243.16 cents, its a new type of speculation coin. You can gamble on many different things and it takes advantage of the crowd to source its information.

One of the main differences to other coins like this, u can create insurance policies that protect a sub set of the population against say a storm. This allows people that want the insurance policy protection to put money into it saying there would be a likely event that would create a financial problem.. On the other side would be people gambling that no event would occur and they could take a profit.

Its a free market for insuring at the fairest rate. So insuring something would actually be cheaper given it cuts out the middle man.

So currently its trading on several markets and the main one is Poloneix, trading about a 1 million a day. So the liquidity is not great but would be fine for smaller traders around 5k to 10k. Its recently had a run from 100 million market cap to 300 million market and is still In its early days of moving higher.