GIP 152 - Should GnosisDAO spin out the Gnosis App into an independent company?
AI summary of the linked articleDeep Shah proposes spinning the Gnosis App out of Gnosis Ltd into an independent company led by the team that built it, with GnosisDAO investing $1.5M cash and contributing the app's product and IP valued at $1M for a $2.5M SAFE position at a $10M post-money cap. The app has not yet found product-market fit, with about 800 weekly active card users and roughly $15.5M in all-time card payment volume as of end of Q2 2026, and the proposal argues that a separate structure would give it the speed to iterate. The $1.5M is described as funding 18-24 months, with the DAO's stake carrying a minimum 25% ownership and no vesting. |
1 comment mishaSubmitter Interesting discussion about the future of Gnosis app; so also about Gnosis Pay and Circles. |