A social media platform going by the name “Mizar”, has just made an announcement about launching a new cryptocurrency token.
The platform that currently oversees millions of dollars’ worth of daily trades carried out by 10,000 active users is ready to go all-out into the crypto-verse.
Mizar Launches $MZR Token
The officials at Mizar had just announced the launch of a new token dubbing it the “$MZR” token. The officials revealed that the token has been launched today (March 9).
The firm has made another major announcement pertaining to its venture into decentralized and centralized exchanges. As per the Mizar officials, they want to introduce copy and automatic trading in both the spaces in near future.
What Does Mizar Want?
According to Mizar, their goal is to gain as much entry into the cryptocurrency industry as possible. They want to enhance the profitability and accessibility of their users in the cryptocurrency trading industry.
Their ultimate goal is to become the most popular and highly reputable social media platform that offers crypto trading capabilities to users. This is their ultimate objective and they hope to achieve this with full support from their community.
What Services Does Mizar Offer?
Mizar has been working hard on the development and provisioning of an entire ecosystem with a vast grasp of the cryptocurrency industry.
While interacting with the ecosystem, the users will have the ability to stake their tokens and gain profits. They will have access to multiple features that their ecosystem will offer.
As the users continue interacting with the platform, they will continue receiving many rewards and increase their profiting opportunities.
Even the $MZR token is bound to offer a great level of utility and benefits to the users. The platform is going to offer users the ability to perform transactions at reduced fees.
As $MZR is the native token on the Mizar ecosystem, using it would be very effective and efficient for the users. The token will help users reduce their fees by 95%.
Roadmap for DeFi and CeFi
The determination level of Mizar is very high when it comes to exploring the decentralized finance (DeFi) and centralized finance (CeFi) industries.
The company has even shared a very detailed roadmap that clearly shows where the company sees itself by the time it reaches the final milestone.
The social media platform wants to launch more tools that would be very useful for decentralized and centralized finance.
The company is eager to introduce many tools that would be very intuitive and advanced to support decentralized exchanges.
Some of the major companies from the crypto world backing Mizar include Kronos Research, Huobi Ventures, KuCoin Labs, and Nexo.