Trading platform Mizar.ai finds new backing in the form of a grant from Polygon (formerly Matic Network), the open-sourced decentralized protocol for Ethereum compatible blockchain networks. The grant adds an additional funding layer and the possibility of hiring blockchain developers for the development of DEx tools and actually improving usability, which is extremely beneficial, especially at this early stage of development. Mizair.ai will use the grant funding to further develop the platform. Through the funding, Mizar.ai will be able to substantially extend their network and usage.
Polygon is pushing and improving ourMizar.ai’s DEx tools – ensuring that all systems are in accordance with the latest technologies in the crypto sector to retain user simplicity.
The Impact on Trading
This capital injection is going to greatly benefit investors. The potential to hire blockchain developers and accelerate work on decentralized exchange tools and enhance functionalities and usability has been jacked up with this funding. Work on three fronts stands to get momentum.
-Building upon Ethereum and Polygon blockchains for expansion of the network
-Support and guidance for trading activities
-Driving the development of decentralized exchange tools that are up to date with the crypto industry standards
Mizar is a generation-next trading platform where traders can conduct searches for strategies to allocate capital securely or to get access to trading tools to put their assets in motion. Mizar is subscription-free and makes trading a simpler procedure that is accessible to everyone. Polygon
Polygon is a framework for building Ethereum compatible blockchains. It is lauded for its interoperability and scaling protocol and is aiming to revolutionize Ethereum. It is working towards turning Ethereum into an ecosystem of multiple chains, enhancing its scalability, and expanding its use case. It focuses on making Ethereum transactions faster, more efficient, with improved user experience and set community governance. Thereby it wants to overcome Ethereum’s major pitfalls.
This backing of Mizar.ai by Polygon will help the trading platform to innovate and speed up project development. Mizar has decided to use the newly found resources for platform development, and they look forward to continued patronage and support for developing a state-of-the-art platform for the benefit of the numerous trading enthusiasts the world over.