In this tutorial, we’ll explore how you can complete a series of tasks in GoPlus for Bybit Web3 Airdrop Arcade.

In this tutorial, we’ll explore how you can complete a series of tasks in GoPlus for Bybit’s Web3 Airdrop Arcade.

Task: Install GoPlus Extension and Perform a Security Check on Your Wallet

: Once you’ve installed the GoPlus extension, click on 

for instant wallet protection and secure trading.

: For ease of use, you may choose to keep your GoPlus extension visible on your browser. To do so, click on the Extensions jigsaw puzzle icon, then click on the corresponding icon of the 

to link your wallet on the official GoPlus site.

to perform a security check on your wallet. Once you’ve completed the scan, you may return to the 

Beginner

goplus tutorial.png

How to Complete GoPlus Tasks for Bybit Web3 Airdrop Arcade

Jambo (J) offers the JamboPhone, an affordable Web3 smartphone packed with crypto apps, driving blockchain adoption in Africa, Southeast Asia & LATAM.

Emerging markets of Africa, Southeast Asia and Latin America have been at the forefront of crypto adoption for several reasons, including crypto-friendly regulatory environments, the affordability of crypto finance compared to the traditional financial system, and, in some markets, the instability of local fiat currencies. These regions are also home to 2.7 billion people, making them highly attractive to 

One web3 project that has decisively adopted expansion into emerging markets is Jambo (J), a venture that aims to create the world's first decentralized, crypto-based mobile network. Jambo sells affordable smartphones, called JamboPhones, packed with crypto apps and features to consumers in Africa, Southeast Asia and Latin America to drive the uptake of mobile-focused 

 (DeFi), decentralized gaming and other blockchain technology applications in these regions.

The project taps into the consumer potential of these fast-growing markets and promotes financial inclusion, facilitating the affordable uptake of crypto technologies in populations long neglected by traditional banking and entertainment sectors.

 (J) is a blockchain venture that aims to create the world’s first decentralized mobile network and expand mobile-first crypto use to the emerging markets of Africa, Southeast Asia and Latin America. 

Jambo markets and sells an affordable smartphone, JamboPhone, with preinstalled crypto apps and solutions to consumers in over 120 countries. Users in emerging markets, who often lack access to traditional banking and payment products, can enjoy 

 (DApps) supported by JamboPhone. Likewise, crypto users interested in other areas, such as 

, can also gain access to mobile-focused DApps via the smartphone.

As of January 2025, JamboPhone is priced at $99, significantly lower than a typical smartphone, with an additional shipping cost of $30. It comes with preinstalled DApps, and lets users earn loyalty points and crypto rewards by participating in various quests, campaigns and activities. The rewards are typically paid out in the 

 stablecoin. JamboPhone DApps usually allow transactions in USDT, ensuring rate stability for users who reside in markets with highly volatile fiat currencies.

JamboPhone's arrival on the market was announced in February 2024 as a cooperative venture between Aptos Foundation, the entity behind the 

 (APT) blockchain, and Liberia-based Jambo Technology (Hakuna Matata Chill LTD), a provider of digital financial services to consumers in African markets. At that time, Jambo Technology outlined its plans to use Aptos's infrastructure to power the Jambo ecosystem. Jambo’s co-founders are James Zhang and Alice Zhang, siblings from the Democratic Republic of Congo. James Zhang is the individual steering the JamboPhone project and acting as its CEO.

In September 2024, the project unveiled JamboPhone 2, a new version of its smartphone, along with plans to expand to the 

 (SOL) blockchain, chosen for its high speed and low transaction costs.

Now in its second version, JamboPhone is packed with additional features, such as JamboGPT, an AI chatbot fine-tuned for cryptocurrency domain knowledge, and rewards in Solana’s version of the 

With its rich features and crypto-focused applications, the affordable JamboPhone is a key initiative to help drive the digital economy and crypto adoption in Africa and other emerging economies. As of mid-January 2025, the platform already boasts more than 7 million 

, achieved in less than a year since JamboPhone smartphones became available to consumers worldwide.

JamboPhone connects to web3 via its wallet solutions and other built-in DApps. Aptos continues to provide the infrastructural foundation for web3 connectivity, while Solana is envisioned to help the project leverage additional functionality, thanks to its great scalability, high throughput and low transaction costs. Additionally, Solana features a more diverse and extensive ecosystem of DApps than Aptos, which should help JamboPhone offer more choices and features to its users.

Jambo recently announced the planned launch of its native token, J. According to the project's communications, the launch of the J token is slated for January 2025. As of the time of this writing on Jan 16, 2025, J has yet to be launched, with a planned total supply of 1 billion.

The token will be launched on Solana, leveraging that blockchain's technical superiorities and transaction affordability. J will have a diverse range of functions:

The Jambo project has announced a series of campaigns to distribute 100 million J (10% of the token's supply) to eligible users. As of Jan 16, 2025, these campaigns are ongoing and will have eligibility snapshots taken on Jan 20, 2025. 

There are different ways to earn J tokens within the 

 campaigns. One way to qualify for rewards is to buy a JamboPhone 2 handset. Users can also earn JPoints 

 by completing quests on the JamboApp, a super app that provides access to various crypto solutions and reward opportunities.

Another way to earn points and crypto rewards is to participate in EarnDrop campaigns, designed to encourage the use of various games and other apps accessible via JamboPhone.

The J token is already available on Bybit’s 

 platform ahead of the token’s public launch. J will also be listed on Bybit’s 

 as part of a swap pair with USDT, starting on Jan 21, 2025. 

Additionally, you can take advantage of Bybit’s campaign dedicated to the J token for the chance to grab a share of the 

. Under the terms of the campaign, new users who complete identity verification can earn J rewards by accumulating a deposit volume of at least 200 J, or depositing at least 100 USDT and trading 100 USDT worth of J via their first trade with Bybit. At the same time, existing users can also qualify for rewards by trading at least 500 USDT worth of J on Bybit’s Spot market. This Jambo token campaign is valid through Feb 4, 2025, 9 AM UTC. 

The Jambo project contributes to the financial empowerment of users in developing economies, making decentralized financial services and crypto payments accessible, enabling users to earn crypto rewards and connecting mobile technology with the world of web3. Easily accessible digital assets are a critical factor for overall economic growth in these regions, and Jambo’s platform is definitely making a positive impact in this area.

The JamboPhone's affordability and innovative solutions are likely to help drive the mass adoption of crypto services in emerging economies. By simplifying access to crypto in these regions, Jambo is championing financial inclusivity in the web3 industry.

jambo crypto.png

JAMBO (J): JamboPhone — The World’s Most Accessible Web3 Smartphone

Bitcoin liquid staking is a DeFi mechanism that enables BTC holders to earn passive yields. Learn more about how it works in this article.

The rise of Bitcoin liquid staking marks a significant evolution in cryptocurrency yield generation. At the core of this innovation is Babylon, a non-custodial infrastructure that serves as the foundation for Bitcoin liquid staking protocols like Lombard and pSTAKE. By building on Babylon, these protocols enable BTC holders to earn staking rewards while maintaining liquidity, BTC holders to earn rewards while retaining their assets’ liquidity, bridging the gap between Bitcoin's store-of-value proposition and yield opportunities within 

This article explores how Bitcoin liquid staking works, examines its advantages and risks, and considers whether it’s worth trying. We also analyze the leading Bitcoin liquid staking platforms driving adoption in this rapidly growing ecosystem.

Bitcoin liquid staking is a DeFi mechanism that enables BTC holders to earn passive yields by participating in 

 (PoS) networks and receive tradable tokens that maintain their Bitcoin's liquidity and utility in the broader DeFi ecosystem.

Liquid staking protocols open new yield-bearing opportunities in the Bitcoin ecosystem. While Ethereum liquid staking generates yields through network validation rewards, Bitcoin liquid staking creates returns by securing other blockchain networks, and through 

 that expand the utility of BTC beyond its primary function as a store of value.

Bitcoin liquid staking operates through a straightforward process that bridges traditional Bitcoin holding with DeFi functionality. When users stake their Bitcoin, they interact with specialized DeFi protocols that generate yield while maintaining liquidity.

First, users deposit their Bitcoin into a liquid staking protocol, where it's securely stored using various methods, which can include multi-signature wallets or other security mechanisms depending on the platform.

Users begin by depositing their Bitcoin into their chosen liquid staking protocol, which secures deposits through various methods like 

 or other security mechanisms. In return, they receive 

 (LSTs) representing their staked BTC on a 1:1 basis.

These LSTs can be used across various DeFi applications while the underlying Bitcoin works to secure PoS networks through protocols such as 

. The staking rewards are generated through point systems, protocol incentives or network fees, depending upon the specific Bitcoin liquid staking platform used.

, users' staked Bitcoin helps secure their networks. Rewards are typically distributed daily through the protocol's native tokens, which users can claim while holding their LST positions.

The unstaking process is equally straightforward — users can redeem their LSTs for their original Bitcoin whenever they choose, subject to any applicable unbonding periods or protocol-specific conditions.

Bitcoin liquid staking offers unique opportunities for yield generation, but it comes with its own set of risks that investors should carefully evaluate.

The Bitcoin liquid staking landscape offers diverse options for BTC holders seeking yield opportunities. Following are the top platforms.

Lombard transforms Bitcoin into a yield-generating asset through its LBTC token on Ethereum, with over $1.5 billion in 

 (TVL). The protocol integrates with established DeFi platforms like Morpho, Pendle and Symbiotic, enabling LBTC holders to access lending, borrowing and 

 opportunities. A 5% fee applies to staking rewards.

Following a successful private beta that attracted $230 million from over 4,000 institutional and individual users, Lombard has entered its public beta. Lombard maintains strict security standards through regular audits and a self-custodial model, ensuring LBTC remains fully backed by Bitcoin at a 1:1 ratio.

Recently launched by the Core Foundation, LstBTC is an 

 blockchain. The protocol enables daily rewards in CORE tokens through a dual staking model, whereby users can stake both Bitcoin and CORE tokens for enhanced yields.

Since its launch in April 2024, Core has attracted over 5,500 BTC (around $500 million) in staked assets and built a comprehensive 

 ecosystem. The protocol leverages Bitcoin 

 power for security, with about 55% of miners contributing to network stability.

 integration, allowing users to earn rewards from Layer 2 activity. The protocol converts deposited BTC into stBTC tokens for DeFi applications, enabling its users to earn daily Lightning Network routing fees without managing node infrastructure.

With over 105 active channels and the capacity to process over 18,000 

 (TPS), Stroom Network is secured by established validators, such as P2P.org and Allnodes. Stroom' 

 structure and multisig system ensure decentralized governance while managing Lightning Network integrations.

Babylon is an infrastructure protocol that enables Bitcoin holders to secure PoS networks through BTC staking without requiring 

 or third-party custody. The protocol has accumulated nearly 24,000 BTC in its ecosystem since launching in 2024.

Babylon’s platform prioritizes security through its innovative timestamping protocol, and partnerships with established validators like P2P.org. Though offering more conservative yields than competitors, Babylon's self-custodial model and robust security features have attracted institutional users seeking to put their Bitcoin to work while they maintain control of their assets.

 simplifies BTC yields through Bitcoin staking on Babylon's infrastructure. With over $35M in TVL, the platform offers two core offerings: a fixed-yield earn product (similar to Bybit Earn) accessible to all users and a Bitcoin LST, called YBTC, that offers tailored Bitcoin yield solutions to institutions.

Users can earn staking rewards from Bitcoin-secured networks by staking native BTC through 

. YBTC, a yield-bearing ERC-20 token on Ethereum backed 1:1 by BTC, connects with BNB Chain, Corn, B Squared, and Bitlayer through LayerZero integration.

Institutions can use YBTC in the BTCfi ecosystem to generate additional yields from DeFi protocols focused on restaking, yield farming, and more. PSTAKE — the protocol's incentivization, governance, and staking token — trades on exchanges like Bybit and can be staked on the Base L2 chain to earn Bitcoin rewards for participating in protocol and community activities.

Bitcoin liquid staking is worth considering if you:

Before participating, investors should carefully evaluate platform security, understand the technical aspects of liquid staking and assess their 

. Additionally, smart contract vulnerabilities and LST price fluctuations present real risks that need to be considered against potential rewards.

Choose a platform that aligns with your expertise level and goals. Established protocols like pSTAKE suit experienced DeFi users, while newer participants might prefer user-friendly platforms, such as Core's LstBTC. Start with smaller amounts of assets to familiarize yourself with the mechanics before committing significant capital.

Bitcoin liquid staking represents a significant evolution in Bitcoin's utility, offering holders new ways to earn yields while participating in the broader DeFi ecosystem. While the technology and protocols are still being developed, growing market adoption and continued innovation suggest a promising future for the Bitcoin liquid staking sector.

Intermediate

bitcoin liquid staking.png

Bitcoin Liquid Staking: New Yield Opportunities for BTC Holders

SpaceS, the beloved Bybit Web3 Telegram game bot, just got a major upgrade with the launch of FarmX! Learn more about how to earn rewards with FarmX here.

the beloved Bybit Web3 Telegram game bot, just got a major upgrade with the launch of FarmX! This new decentralized farming platform creates opportunities for users to earn rewards by completing simple farming tasks and participating in various campaigns. With its easy-to-use setup and multiple reward pools, FarmX caters to both new and experienced crypto users, making it a fun and rewarding experience for all. This guide shows you what FarmX offers, how to get started and the best ways to maximize your returns.

 is a web3-enabled Telegram game bot that Bybit Web3 has developed. It blends entertainment with blockchain technology, offering players an interactive space-themed game in which they can earn points by dodging obstacles or flying automatically in farming mode. Beyond its gameplay, 

 introduces a social element, allowing players to invite friends and form fleets to play together.

FarmX is a decentralized platform on which users can easily earn rewards by participating in various farming activities. Simply connect your wallet, hold 

 or TON Points, and meet the activity conditions to start participating in reward pools. 

With multiple farming options available, FarmX caters to different investment preferences, making it suitable for both beginners and experienced users to explore and maximize their earning potential.

 on Telegram and tap on Start, followed by Launch Game.

: To access ongoing campaigns, tap on the 

: Browse the available campaigns to view the following:

 for participation and act quickly to secure your spot. Don’t miss out!

: Once you've selected a campaign, tap on 

: You will then be required to complete two simple tasks:

: When you join a campaign, you’ll automatically be participating in 

If you want to increase your earnings from the TON Pool, simply top up your TON deposit in your connected Bybit Wallet. 

The rewards you receive are determined by two key factors: the total amount of TON you’ve deposited, and the length of time your deposit remains active in the campaign. 

Simply put, the larger your deposit and the longer you participate, the greater your potential rewards. However, keep in mind that there’s a 

maximum deposit limit of 20 TON per account

, so plan your deposits strategically in order to maximize your returns.

Once you’ve completed the above steps, there’s nothing more you need to do — except wait for your rewards to be airdropped directly to your wallet. With multiple campaigns regularly updated, you’ll always have new opportunities to earn. 

 FarmX offers a unique and engaging way for users to explore 

 (DeFi) while earning rewards through gamified farming. It’s an accessible platform that caters to users with varying levels of experience, ensuring everyone has the chance to benefit. Dive in today, join your first campaign — and start farming your way to exciting rewards!

bybit spaces farmx.png

Bybit SpaceS FarmX: How to Earn Rewards Through Farming

Bybit Web3 Points are a reward system within Bybit’s Web3 ecosystem, enabling users to earn points through activities like trading, referrals and daily tasks.

Cryptocurrency and blockchain technologies have paved the way for innovative rewards systems that cater to both traders and everyday users. Among these, Bybit Web3 Points stands out as a unique offering. Designed to integrate seamlessly with Bybit Web3’s ecosystem, this points system rewards user engagement and provides opportunities to redeem exclusive perks. 

This article explores what Bybit Web3 Points are, how they work, the benefits they offer and the various ways users can earn them.

 are a reward system within Bybit’s Web3 ecosystem, enabling users to earn points through activities like trading, referrals and daily tasks. These points can be accumulated and redeemed for valuable rewards, such as MNT tokens and Spot Trading Fee Coupons. Bybit Web3 Points provide a great way to encourage engagement while offering tangible benefits for users.

Bybit Web3 Points operate through a straightforward and powerful system. Points are earned by participating in specific activities within Bybit Web3’s ecosystem. Each activity — whether it’s trading, referring new users or completing daily check-ins — contributes a predetermined number of points to the user’s account. The process is automated, ensuring a smooth and hassle-free experience.

 are calculated daily, and corresponding Web3 Points are credited to user accounts the following day. Referrals allow users to earn additional points for bringing in qualified referees who meet specific criteria. Moreover, daily check-ins incentivize consistent engagement by rewarding users who interact with the platform regularly. This flexible system ensures that everyone, from seasoned traders to beginners, can find ways to earn and benefit.

How to Get Started With Bybit Web3 Points

To get started, users first need to create a 

. These wallets serve as gateways to the ecosystem, allowing you to begin earning points through various activities and enjoying the rewards that come with them.

Once you’ve accumulated Web3 Points, you can use them in several rewarding ways. One key option is to participate in lucky draws, in which rewards are completely random. The more Web3 Points you have, the more entries you can submit, increasing your chances of winning valuable prizes. These draws add an exciting gamified element to the system, making the process of earning points even more engaging.

Additionally, you can monitor and manage your points conveniently through the 

Bybit Web3 Points are more than just a reward system. They offer a host of benefits tailored to users’ needs.

There are various ways in which you can earn more Bybit Web3 Points. Check out our detailed guides below to get started.

Trading on Bybit Web3 DEX Pro is one of the primary ways to earn Web3 Points. The system uses a tiered multiplier mechanism based on trading volume, ensuring that the more you trade, the more you earn.

Trading volumes are assessed daily, with points credited the next day (T+1). This structure rewards active traders and encourages increased participation in Bybit Web3 DEX Pro.

Daily check-ins provide a simple and consistent way to earn Web3 Points. Users holding at least $10 worth of assets in their wallets can participate by sharing posts on social media. The reward system works as follows:

After the seventh consecutive day, the streak resets, allowing users to start the process again. If you miss a day, the check-in streak resets, and you’re required to start from the first day again. This encourages daily engagement with the platform.

New users can earn Web3 Points by completing specific tasks that help them get started on Bybit. For example, they can create a Bybit Seed Phrase Wallet, follow Bybit on social media and complete a trade of at least 100 USDT on Bybit Web3 DEX Pro with their Bybit Seed Phrase Wallet. This provides an easy way for newcomers to start accumulating points as soon as they join the platform.

Inviting friends to join Bybit is another lucrative way to earn points. Rewards are based on the number of qualified referees.

To qualify, referred users must maintain a balance of at least $10 in their wallet for seven consecutive days. Once the referred friend meets the criteria, the referring user will receive their Web3 Points the next day (T+1).

Earning Bybit Web3 Points can be highly beneficial if you’re an active participant in the Bybit ecosystem. The platform makes it easy for both new and experienced users to start earning points through multiple activities, and the rewards system is structured to encourage engagement. 

Moreover, the flexibility of the program — such as the fact that points don’t expire — creates appeal for a wide range of users, allowing them to accumulate points over time at their own pace. If you’re already trading on Bybit, or planning to start, earning Web3 Points is a simple and rewarding way to make the most of your experience.

Bybit Web3 Points empower users to maximize their crypto journey by offering a seamless, rewarding experience. With multiple ways to earn and redeem points, this system not only incentivizes engagement, but also aligns with the growing demand for user-centric blockchain solutions. Start earning today and unlock the potential of Bybit Web3 Points!

bybit web3 points.png

Bybit Web3 Points: Your Key to Earning Crypto Rewards

Gnosis (GNO) is Ethereum's most decentralized sidechain with 200K+ validators, xDAI gas fees, and scalable solutions for mainstream web3 adoption.

 (ETH) blockchain has suffered from poor scalability and high costs caused primarily by network congestion. Many solutions — mainly in the form of 

 rollups and sidechains — have emerged in recent years to address Ethereum's performance and cost inefficiencies. Many of these have managed to offer viable alternatives in the form of much better transaction processing times and considerably lower gas fees. However, plenty of these platforms suffer from limited decentralization due to the low number of validator nodes. In the case of rollups using a single sequencer node, a critical part of rollup architecture, there are serious concerns about extreme forms of operational centralization.

Thankfully, there is a project within the Ethereum ecosystem that has truly dedicated itself to the blockchain ethos of maximum decentralization. Gnosis is one of the oldest and most established Ethereum sidechains, and boasts a highly decentralized and reliable network of over 200,000 validators. It started as a 

 (DApp) on Ethereum, focused on prediction markets, but merged in 2022 with the xDAI sidechain to form a new entity, Gnosis Chain. The merger ushered in a new era for the unified project, which has become probably the most decentralized among all blockchain platforms within the wider Ethereum ecosystem, excluding Ethereum itself, of course.

Additionally, the Gnosis sidechain features a benefit that even Ethereum 

 can't match — gas fees on the network are charged in xDAI, a 

 indirectly pegged to the U.S. dollar, delivering greater cost stability for users and developers.

In this article, we conduct an in-depth examination of Gnosis, the leader of blockchain decentralization in the Ethereum universe.

 (GNO) is an Ethereum sidechain that offers low transaction costs, high scalability and gas fees denominated in a USD-pegged stablecoin.

 It boasts the highest degree of decentralization — as measured by the number of validators — among all Ethereum-linked sidechains and Layer 2 solutions. Among the most established and oldest blockchain solutions, Gnosis is designed to tackle Ethereum's heroically unyielding cost and performance challenges.

The original Gnosis project, now referred to as Gnosis 1.0, was conceptualized in 2015 as a prediction market platform. It was launched as an Ethereum DApp, and was owned by the Consensys blockchain development company. In 2017, Gnosis transitioned into an independent entity and expanded its focus to building decentralized infrastructure solutions for Ethereum. This marked the beginning of the project's second major stage, Gnosis 2.0.

In parallel with the original Gnosis, another early Ethereum-focused blockchain project, the xDAI Chain, was developing a scalable Ethereum sidechain that used a stablecoin for gas fee payments. xDAI and Gnosis announced a merger in 2021, with the new project branded the Gnosis Chain. The two projects merged on a technical level in December 2022. Over the next several years, Gnosis Chain has firmly established itself as a leading Ethereum sidechain, offering low costs and great scalability while running an extensive, community-driven network of more than 200,000 validators.

In early 2024, the now-unified project announced its next major stage, Gnosis 3.0, which aims to leverage the sidechain's superior technical properties and massive decentralized network in order to power mainstream 

 applications across different sectors, particularly in areas like payments, financial infrastructure and 

Although Gnosis has moved away from its niche focus on prediction markets, it maintains DApps dedicated to this specialized sphere. In fact, Gnosis continues to be viewed as the leading platform specializing in this area, with its GNO token holding the top position by market cap in the crypto industry’s prediction markets category.

 forms the infrastructural backbone of the entire Gnosis ecosystem. Its sidechain is anchored to Ethereum and features five-second block-confirmation times and low gas fees. For instance, in December 2024, the network registered average gas fees of around $0.04.

Gnosis Chain has inherited most of the properties of the original xDAI chain. It uses a stablecoin cryptocurrency, xDAI, that’s pegged to 

 (DAI), which in turn is soft-pegged to the U.S. dollar. As such, xDAI is indirectly pegged to the greenback. The use of a fiat-pegged stablecoin provides greater stability and certainty for users and developers utilizing the Gnosis Chain.

The chain's more than 200,000 validators (as of the start of 2025) make Gnosis the absolute leader in decentralization among all Ethereum-linked sidechains, Layer 2 rollups and similar platforms. The highly decentralized nature of the chain helps ensure great levels of security, transparency and trust in the platform.

Gnosis Chain currently features support for around 200 DApps across areas as diverse as blockchain analytics, 

 (NFTs), prediction markets, wallet solutions and more. DeFi-related apps — such as payment protocols, liquidity managers and permissionless 

 (DEX) platforms — as well as blockchain infrastructure projects, such as oracles, data exchange protocols and decentralized development tool kits — are the niches most prominently featured on the chain.

 (EVM)–compatible blockchain that uses a 

 (PoS) block validation model to secure network consensus, and a dual-token model to power its operations. Validators on the chain secure the right to process transaction blocks by 

 GNO tokens. Gnosis doesn't support stake delegation, however, so if you’d like to stake GNO without running a validator node, you can use external staking or 

 platforms that support the token. Examples include StakeWise (SWISE) and Chorus One.

In order to run a validator node and support Gnosis Chain block processing, you’ll need to download the requisite software and stake at least 1 GNO (around $264 as of Jan 7, 2025). The software needed to operate a validator node on Gnosis is pretty much the same as that used for Ethereum validation, with some minor modifications. This modest minimum staking requirement, and software setup nearly identical to Ethereum's, are significant reasons why Gnosis has an enormous network of over 200,000 validators.

Validators can choose to run a node either via the cloud or using their own hardware. However, the Gnosis project explicitly recommends the latter option to ensure maximum security, censorship resistance and credible neutrality.

While validator nodes stake funds and earn rewards in GNO tokens, gas fees for transactions on the network are paid in another cryptocurrency, xDAI, which is commonly acquired with MakerDAO's Dai stablecoin via a dedicated bridging solution — the 

In addition to its 200,000-strong validator community and around 200 DApps operating on its platform, the Gnosis ecosystem also includes several entities fundamental to the project's evolution and success — GnosisDAO, Gnosis Studios, GnosisVC and Gnosis Labs.

GnosisDAO is the platform's decentralized governance entity, powered by the holders of the GNO governance token. The DAO was originally created in 2020 to fully decentralize control of the platform and turn it into a project governed entirely by its user community. GnosisDAO uses a multi-stage governance process, whereby discussions are initiated and considered via the platform's online forum. Discussions can revolve around technical topics, protocol rules, DAO grant allocations and more.

If an issue being discussed gains enough traction, a forum poll can be created, whose users can then cast their votes. If this forum poll generates enough support votes, the process moves to the final stage, in which GNO holders vote to either approve or reject the proposed action.

Gnosis Studios is a product innovation lab created by the platform to develop and incubate promising web3 applications and infrastructure solutions. Among the solutions launched via Gnosis Studios is a decentralized payment protocol, Gnosis Pay, and a personal currency exchange platform, Circles.

Successful spin-offs of Gnosis Studios include the 

GnosisVC is a venture capital (VC) fund set up by the Gnosis project to invest in early-stage web3 projects, particularly in areas like financial services, 

 (RWAs) and blockchain infrastructure. GnosisVC boasts an extensive portfolio dating back to 2019. In 2020, one of the numerous projects the fund invested in was MakerDAO, a stalwart of the DeFi sector.

The fund's latest investments include projects such as the self-custodial wallet app Zeal, the 

 aggregator Electron. This is only a small subset of the web3 initiatives GnosisVC added to its portfolio throughout 2024. Per information on Gnosis's website, the VC fund has invested in more than a dozen projects in 2024 alone, and dozens of projects within the past five years.

Gnosis Labs is a development hub in which experimental web3 projects are first tested, iterated and improved before decisions are made on their future potential. The hub focuses heavily on 

 (AI) initiatives, and is primarily designed to foster innovation and breakthrough discoveries at the junction of AI and blockchain technologies.

To underscore its commitment to AI, Gnosis Labs has established a specialized division, Gnosis AI, for researching and developing projects in areas like agent-to-agent payments and smart prediction markets. Gnosis AI is a key initiative within the overall Gnosis 3.0 framework, a major evolutionary stage of the project designed to bring the platform to the mainstream web3 world.

. Validators stake GNO to secure the right to process transaction blocks on Gnosis Chain, while the wider GNO holder community can take part in on-platform governance votes. As noted earlier, these votes represent the final step in a multi-stage governance process whereby proposed changes or improvements to the platform are first considered in the Gnosis forum, and may proceed to a final vote involving GNO token holders.

Originally, the GNO token was issued on Ethereum, with a total and maximum supply of 10 million. As such, GNO was designed as a 

In April 2022, the Gnosis governance community voted to reduce the token's total supply to 3 million GNO. This supply-capping feature remained in place after the supply reduction, and the maximum supply was also set at 3 million GNO.

As of Jan 9, 2025, the GNO token was trading at $253.10, or 60.7% lower than its ATH of $644.20 on Nov 8, 2021, and 3,580.5% higher than its ATL of $6.88 on Mar 13, 2020.

Long-term price forecasts for GNO are generally bullish.DigitalCoinPrice 

 of $835.83 in 2027 and $1,275.52 in 2030, while CoinCodex 

 to average $319.29 in 2027 and $1,199.07 in 2030.

Gnosis' vibrant community, founded in the early years of the DApp revolution, continues to grow, with its 200,000-strong validator army offering unmatched decentralization benefits to users and developers. Much of the Gnosis protocol's success over the years can be attributed to its eloquently designed dual-token model, with xDAI as a gas token and GNO as a staking token and the primary asset for community governance.

With a vast network of validators, stability delivered by its stablecoin-for-gas model and time-tested success on the market, the Gnosis project is unlikely to fade into obscurity any time soon — to say the least!

gnosis chain.png

Gnosis (GNO): Bridging Web3 Tech With Mainstream Usability

Discover Rifampicin (RIF), a Solana-based token merging decentralized science with longevity research on Pump.science. Explore live experiments, gamified funding and predictions.

Rifampicin (RIF) is the gamified compound token for the Rifampicin experiment, representing longevity research conducted with the compound Rifampicin. As part of the 

 (DeSci) movement spearheaded by Molecule and 

, RIF is connected to the Pump.science platform, which leverages blockchain’s decentralized nature to democratize access to research and innovation.

This guide explores what Pump.science is, the RIF token (including its launch and trading) and the way Pump.science seeks to address critical challenges within longevity research.

 highlights three core challenges in developing life-extending interventions.

Traditional research, such as that conducted through human and mouse trials, is often slow and expensive. With more potential drug molecules than atoms in the universe, high-throughput methods are essential. Pump.science leverages blockchain and gamification to balance speed, cost and quality, accelerating discoveries while maintaining data integrity.

Altcoins

Blockchain

Crypto

DeFi

GameFi

Indicators

Investing

Artificial Intelligence

Metaverse

Memes

Options

Stablecoin

Staking

Strategies

Trading

Web 3.0

Web3 Experts

Live ICYMI

Web 3.0

How to Complete GoPlus Tasks for Bybit Web3 Airdrop Arcade

web3

JAMBO (J): JamboPhone — The World’s Most Accessible Web3 Smartphone

web3

Bitcoin Liquid Staking: New Yield Opportunities for BTC Holders

Bitcoin

Bybit SpaceS FarmX: How to Earn Rewards Through Farming

web3

Bybit Web3 Points: Your Key to Earning Crypto Rewards

web3

Gnosis (GNO): Bridging Web3 Tech With Mainstream Usability

web3

Rifampicin (RIF): Gamified Decentralized Science

web3

Solv Protocol: Earn Diverse Yields Through Bitcoin Staking

web3

How to Complete Network3 Tasks for Bybit Web3 Airdrop Arcade

web3

Berachain: An EVM-Identical L1 Powered by Proof-of-Liquidity

web3

What Is Decentralized Science (DeSci)?

web3

Kaito: AI-Powered Web3 Search Engine

web3