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Gnosis Safe

ICO

Last updated: Nov 17, 2022

Gnosis Safe is the platform to manage digital assets. Safe is on a mission to unlock digital ownership for everyone in web3, whether they are DAOs, enterprises, retail or institutional users.

Funding Round $100M

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Overview

Project industry	Exchanges & Wallets
Product type	Platform
Founded	Switzerland
Whitepaper	Open

What is Gnosis Safe

Gnosis Safe is a smart contract wallet running on Ethereum that requires a minimum number of people to approve a transaction before it can occur (M-of-N).

If for example you have 3 main stakeholders in your business, you are able to set up the wallet to require approval from all 3 people before the transaction is sent. This assures that no single person could compromise the funds.

On top of that, Gnosis Safe gives you complete self custody over your funds. There is no risk of a bank giving you a hassle for running a crypto business and the smart contract that is deployed is completely trustless and in your control.