Mosaic, a blockchain-powered research network being created to provide cryptocurrency analysis has emerged this month along with an accompanied token sale. The project is led by a team of academics, blockchain researchers, data scientists, and software developers from top universities around the world.
The goal is to bring more transparency and quality control to cryptocurrency research and analysis through an analyst vetting process and a unique market intelligence protocol. Mosaic features elements of a social network, data feed, and portfolio tracker. The new network intends to serve as a valuable resource for traders, investors, and institutions alike.
The platform will reward community and vetted researchers with native Mosaic (MZX) tokens – the amount depending on the quality of the analysis plus community sentiment – and will punish participants for inaccurate, unfounded, shallow or subjective information.
For researchers or analysts to contribute to the Mosaic platform, they will have to stake Mosaic (MZX) tokens and disclose their personal and professional affiliations with crypto-asset holdings so that research is not fueled by the prospect of personal gain.
In exchange for this stake, contributors will be eligible for MZX token rewards based on the quality and accuracy of their analyses, while the MZX stake can be taken away or discontinued for poor quality or biased analyses. The Mosaic project is entirely decentralized, meaning company executives and founding members can not censor content; only the community.
Additionally, for users to access and view research content on the platform they will need to hold MZX tokens- which are used to pay for platform subscription fees. However, token holders receive additional benefits in proportion to tokens held, including voting for the assets they want to be covered, allocating votes to favored contributors, and rating content.
CEO of Mosaic, and cryptocurrency researcher at Cambridge University, Garrick Hileman, said:
“I’ve been involved in the blockchain research community since its genesis, and the dearth of quality research available at a time of such explosive industry growth is alarming. With the team we’ve assembled, we believe the Mosaic platform can be the decentralized, trusted solution to this lack of rigorous and trustworthy research- leveraging the incentives mechanisms enabled by blockchain technology to grow a strong, global research community.”
“Ultimately, we want Mosaic to serve as both a social network and data software platform for the cryptocurrency research community. Utilizing our unique market intelligence protocol and years of experience in this space, we’re confident Mosaic will become the public’s trusted portal to the crypto world in the years to come.”
The founding team includes: CEO and Co-Founder Dr. Garrick Hileman, Researcher at the University of Cambridge, Hileman received his Ph.D. from the London School of Economics and is one of the world’s most-cited experts on cryptocurrencies; Co-Founder Alex Bradford, a graduate of Harvard Business School and former analyst for both Goldman Sachs and McKinsey & Co.; CFO Dr. David Horning, CFA, formerly an investor at Palo Alto Investors; Chief Data Scientist Alpkaan Celik, an Applied Mathematics graduate from Harvard College and former Program Manager at Microsoft; and advisor to the project and current investor at Accel, Prabhakar Reddy.