October 12, 2021

DOUBLE TOP Research: Mizar

Disclaimer:

Early investment is always high-risk, and there is no guarantee that many of you will be able to get into a Private-Sale or become early supporters. But the lucky beggars who manage to put their money into a genuinely top project will receive a blissful «X» and multiply their balance.

Do your own analysis before listening to someone else's opinion and invest wisely.

DOUBLE TOP Research analytics is, first of all, a subjective opinion, which, although based on an analysis of indicative factors, is not direct investment advice.

About the project:

Links:

https://mizar.ai/

https://twitter.com/mizar_ai

Mizar is an algorithmic trading and copy trading platform that allows trading on several exchanges simultaneously. A user has access to various bots and trading strategies, as well as an SDK for creating trading bots.

Mizar does not require monthly subscription fees, users pay solely for using certain features.

Copy trading service users will be able to compare the efficiency of suggested strategies, traders' reputation and commissions. Funds are placed in a pool managed by a trader.

When using/creating bots, the user will be able to trade several pairs simultaneously on several exchanges. It includes both spot and futures trading.

Also, an organizer for a portfolio and trading positions will be available on the platform, with an API for several exchanges at the same time and the ability to computerize the orders.

An open library Mizar Labs with algorithmic strategies and price forecast tools will soon be added to the features.

Recently, closed beta testing has been taking place. You can register by filling in the form: https://mizar.ai/register-interest.

Bug hunting rewards during the closed beta will be distributed to users. $ 100,000 in MZR tokens are allocated for them.

Token:

Ticker: $ MZR.

The token gives a discount for Mizar services and is allocated as a reward through the referral system. Services and commissions are paid in $ MZR.

The token provides access to additional features, such as trading signals in Telegram and tools for working with NFT and DEX. In the future, the plan is to launch the STAR Pool, where users will be able to stake $ MZR and receive passive income.

Team:

Mizar was founded by data scientists with previous work experience in European technology and logistics companies, including the large European chemical company Air Liquide and the Shell Trading division.

Previously, they were not spotted in projects related to the crypt.

Partners:

Tokenometrics:

Max Supply $ 2 million.

Seed participants will receive 10% of tokens on TGE, then after two months of lock, linear vesting for a year will begin. Round price - $ 0.000875.

Private members receive 15% on TGE, and similarly, after two months of lock, linear vesting for a year will begin. Round price - $ 0.001.

Public get full unlock on TGE. Round price - $ 0.0015.

The difference between round prices is not critical. It has typical tokenomics for IDO.

Roadmap:

Until 2022, there will be a DEX testnet, the launch of a token and the integration of 10 exchanges. From the beginning of 2022, a DEX launch, tools for NFT trading, $ MZR staking, the launch of algorithms and STAR Pool are planned.

Conclusions:

Mizar is a platform that has combined the features of 3Commas, DeXe and dHedge and added a token to pay for available services.

Copy trading is still not very popular but it’s an actively developing feature.

Algorithmic trading is more popular, but its efficiency often depends on the trend. Anyways, all three platforms have many active users, indicating interest in these solutions.

The platform offers prospects of providing convenient APIs for popular exchanges and major trading solutions while charging only for the feature set that is actually used. We will see whether this will be more profitable than a monthly subscription to 3Commas, but for now, you can register for a beta test and participate in bug hunting.

If Mizar decides to launch the product on a cross-chain, they can take advantage of the difference in commissions with some competitors and get an influx of traders. So far, the project looks pretty average.