Gnosis Olympia, the alpha version of our prediction market platform, provides participants with a playful environment to try out trading in prediction markets and win GNO tokens as a reward for successful predictions. At the start of the tournament, participants will be issued a balance of 200 OLY tokens, Olympia's official play-money token, which they can then use to make predictions on various topics. Every two days, they'll get a top-up of new OLY tokens allowing them to trade on new markets and climb up the scoreboard. The more profits players make from correctly predicted events, the more GNO tokens they win. For developers aspiring to build dApps on top of our platform, Olympia should serve as both a test environment and an inspiration for what's possible to create with Gnosis.

The Gnosis Safe aims to provide all users with a convenient, yet secure way to manage their funds and interact with decentralized applications on Ethereum. It comes in two editions: Personal Edition and Team Edition. The Gnosis Safe Personal Edition is targeting individual users using 2 or more factor authentication through native mobile apps for Android and iOS in combination with a browser extension. The Gnosis Safe Team Edition is geared towards teams managing shared crypto funds. It is an improvement of the existing Gnosis MultiSig wallet with redesigned smart contracts, cheaper setup and transaction costs as well as an enhanced user experience. Visit the Gnosis Safe website to learn more.

The Dutch Exchange (DutchX) is a decentralized exchange for ERC20 token pairings, based on the Dutch auction principle. Taking the traditional order book model to the blockchain makes little sense: problems such as front-running are magnified in discrete time. The mechanism of the DutchX is designed such that sellers submit their tokens ahead of an auction. Then, the auction starts with a high price which falls until the market for the specific token-pairing clears. Bidders submit their bids during the auction, but pay the same final price. Hence, the dominant strategy for bidders to reveal their true willingness to pay will result in fair market prices. Coupled with a pure on-chain design, the DutchX may function as a price oracle and is also usable for other smart contracts to convert tokens. Participants benefit from the redistribution of fees within the DutchX ecosystem as well.

The Gnosis Trading Interface will allow users to trade in prediction markets. Different cards on the dashboard give users a preview of new and soon-closing markets along with their current prediction so they never miss a chance to participate. From within a market's detail page, users are able to buy or sell shares in a market and navigate to their current holdings. Depending on whether they're predicting a categorical event or a scalar event, they'll be able to trade outcome or short/long tokens. Most parts of the interface have already been implemented, and we're hoping to launch it on the mainnet soon. Meanwhile, you can check out a preview here.

As a decentralized, permissionless platform, we want to make it as easy as possible for others to create prediction market applications on top of Gnosis. Want to build your own prediction market application? Check out the SDK on our Developer page and start coding.

Prediction markets can be used for price discovery. One potential use case is a prediction market for pre-auction art valuation. Auction houses can save millions of dollars with prediction market insights into variables such as where to begin auction pricing, and how much profit to guarantee to sellers. We are excited to help facilitate information gathering applications for both traditional and new industries.

Futarchy is market-based governance. Instead of asking legislature or a board of directors, markets are created to aggregate information into the best possible decision optimizing for a predefined metric. We already have smart contracts for Futarchy implemented and created a mock up for a governance app. Additionally, we received a DEV grant to research cryptoeconomic market mechanisms and are ready to experimentally investigate whether manipulation of such markets is possible and if so, how to preclude this. We are excited to see Futarchy in action and explore opportunities in corporate and state governance!

One use case for a financial markets application is a non-monetized prediction market for securities research firms to obtain outside feedback on expected stock fundamentals. We hope that later iterations of this application will open the door to a new generation of financial markets, allowing for trading on a wide variety of stock fundamentals. We believe that this is a development that could be truly transformational for financial markets in general: Having a continuous stream of information on fundamentals and more accurate models using conditional markets will hopefully result in more efficient markets and less volatility.

Applications built on top of Gnosis will enable an evolution in the insurance market. Markets can be created for every event with an uncertain outcome, while smart contracts can handle the policy. This disintermediates pricing and paperwork by crowdsourcing actuarial work and eliminating the need for costly middlemen. In addition, new forms of dynamic and micro-insurance products can be created using our infinitely flexible markets.