It's SAFE to Say Gnosis is a Monopoly

Table of Contents

• Introduction
• The Unsung Hero of Crypto
• An Exponential Rise in Usage
• The $SAFE Question
• Speculating on Monetization and Potential Revenue Projections
• Competition
• Conclusion

If you’re involved in crypto, you have come across the term ‘multisig.’

At a very high level, multisigs are smart contract wallets that custody assets. They have embedded logic that broadcasts transactions once they have received sufficient signatures. For example, a multisig may need 2-of-3 keys to sign a transaction before broadcasting it to the blockchain.

For those familiar with traditional corporate governance, this is similar to requiring X number of signatories to approve a company resolution before anything important can be executed. These X-of-N multisig setups serve as a check and balance for managing a pool of ass