|Since they originally appeared almost 11 years ago, cryptocurrencies have been promising a change that would make the world a better place for everyone. They offer a number of benefits over traditional finances, including lower transaction fees, decentralization, as well as the ability to reach everyone, whether or not they have access to the bank.|
|Start||July 1, 2019|
|End||September 30, 2019|
ICO description, Technical Details and Documents
During the last decade, the crypto space has seen numerous advances and many positive changes. Developers made excellent progress in terms of developing strong, good quality coins, exchanges now dot the entire world, and even decentralization is increased through DEXes.
Meanwhile, the rising prices continue to attract investors and traders, which make the space larger with every new arrival. Even institutional investors are getting interested, while more and more crypto-related businesses are emerging in countries around the world.
Even some of the world's largest, established firms are getting involved, such as Facebook, Telegram, Apple, Amazon, and others. But, with all that development, space is still far away from mass adoption, and there are quite a few remaining issues that need addressing.
User experience for market participants — particularly new ones — is still quite painful and exhausting, with processes involving cryptocurrency remaining complicated. Not everyone needs or wants to know the details of how cryptocurrencies work, but they must be familiar with them in order to use them. Further, data and research regarding these projects are still highly unreliable, which makes it difficult for people to know which projects are safe and worthy of investment. This is what one new project, known as Mosaic, aims to affect.
Mosaic is a decentralized market intelligence network which aims to connect people, ideas, and information. It plans to do so by tackling two of the most urgent issues that are troubling the crypto space, and those who participate in it. The first is unreliable and insufficient data and research, as mentioned earlier.
The other is the difficult user experience, which is likely one of the reasons why the majority of the world's population still heavily avoids even trying to work with cryptocurrencies.
Mosaic's plan is to solve these issues by providing a database platform, as well as a fully-decentralized market intelligence network. Naturally, its user interface will be as intuitive and user-friendly as the company can make it.
It is the company's belief that solving these two problems will provide people with a new, user-friendly gateway into the crypto space. New arrivals will have an easy way of obtaining data and research, discuss new ideas with other community members, and manage their portfolios with ease, all within the same app. Of course, the first step is for the project to launch its own coin that would fuel the platform and help drive it forward.
Mosaic has yet to reveal when it will hold its token sale, as this is one of the few details that are currently missing. It is known that its token will be called MZX, and that it is yet another utility token developed on Ethereum's platform.
However, the new ERC-20 token's price during ICO or preICO is still to be determined and announced. We also know that the project will accept Ethereum coins in exchange for MZX, and that it has decided that the hard cap will be at $25 million.
Apart from that, all that remains to be said is that the project was registered in the Cayman Islands and that it will have four restricted areas, including the US, Canada, China, and South Korea. Anyone else willing to participate can do so after going through KYC and Whitelist procedures.
* Crypto Rating accepts no liability for any errors in the Mosaic ICO information and Rating. For the most up-to-date information please visit the ICO's official website.
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