Start Accepting Gnosis Payments
Let your customers pay with GNO. Get Euro payouts or convert to Bitcoin.
Gnosis (GNO), is a prediction market platform powered by Ethereum. Through the use of smart contracts, Gnosis creates an opportunity for information-fueled industries. Industries that rely on receiving valuable predictions, opinions and evaluations are going to receive the maximum benefit from using Gnosis to evaluate the market's opinion.
Individuals are financially incentivized to make predictions in markets. If proven correct, the person receives tokens that contain the value of people invested into the wrong prediction. This reward mechanism ensures that every participant on the market represents their authentic beliefs every time they make a prediction.
Their crowdfunding period lasted about 10 minutes, during which they managed to raise $12.5 million for developing their idea into reality. For more information about the project visit their white paper.
Official Website: https://gnosis.pm
How to accept Gnosis payments on your website?
CoinGate makes it easy to receive customer payments in most popular cryptocurrencies, including Gnosis. To make it simple for merchants, all received payments are automatically settled to EUR/USD or to BTC, depending on your preference.
To integrate our payment gateway on your website, choose either:
- One of CoinGate ready-made integrations for e-commerce content management systems or web billing platforms (like WooCommerce, Magento, PrestaShop, OpenCart, WHMCS and similar)
- Developer API that can be configured for any website and different codebases (e.g. Ruby, PHP, Omnipay, Python, NodeJS...)
- Payment buttons for accepting donations or simple payments (for example, if you only sell one or several products)
To get started with accepting Gnosis as well as Bitcoin, Litecoin and other coins, first, sign up with CoinGate. Then, create API credentials if you are planning to use our e-commerce plugins or the API; if not, go ahead and create your first payment button.
If you wish to keep all your received payments in cryptocurrency (i.e. to receive payouts in Bitcoin), then no verification is usually needed to use CoinGate. For Euro or U.S. Dollar settlements, you will have to pass our simple merchant verification procedure by uploading your business documents and director's ID.
How it Works - Accept Gnosis Payments on Any Store
Payouts in Euros, U.S. Dollars or Bitcoin
You are selling a product or service in your store and set the price in a currency of your choice (for example 10€).
We calculate how much bitcoins it is worth, in real-time, by selecting the best price from several Bitcoin exchanges.
Your Customer pays with bitcoins and Altcoins.
You receive 9.90€ (10€ - 1% processing fee).