Woo Network venture overview
Project Woo Network (WOO coin) is a single layer trading platform with deep liquidity that connects traders, exchanges, institutions, DeFi platforms, wallets, dApps and executes very low or zero price trades.
WOO Network was founded by Kronos Research, a multi-tactic trading company specializing in marketplace producing, arbitrage, CTA and High Frequency Trading (HFT), with an typical trading volume of somewhere around $ five-ten billion per day on exchanges international cryptographic.
The peculiarity of the Woo Network venture
Currently a diversified set of merchandise and providers has been produced that interfaces with retail, institutional, CeFi and DeFi techniques:
- WOO X: is a commission absolutely free trading platform that gives qualified and institutional traders the most effective liquidity and execution. It has entirely customizable modules to customize the workspace.
- WOO trade: is a gateway for institutional clientele this kind of as stock exchanges to accessibility the liquidity of the WOO network to update their orders in additional depth than significant exchanges and alter their bid / request spreads.
- WOOFi: is a suite of DeFi merchandise that aims to increase the WOO Network’s liquidity network for DeFi and assist DeFi consumers get the most effective charges, lowest bid spreads, and the possibility to spend off trading.
Basic data about the Woo Network venture token: WOO token
Key token metrics
- Ticker: COURT
- Blockchain: Ethereum
- Standard Token: ERC-twenty
- To contract: 0x4691937a7508860f876c9c0a2a617e7d9e945d4b
- Token style: Utility, Governance.
- Total provide: three,000,000,000 VND
- Circulating provide: 893,286,952.92
Token allocation
- ten% of WOO was offered in the type of personal product sales and public product sales.
- Another ten% was offered to seed ground traders and stock rounds, and blocked for more than one.five many years from April 2021 to October 2022.
- twenty% awarded to the Woo Network crew
- five% for consultantsthe two are now blocked for three.five many years, with a portion currently earmarked for testing and a substantial portion held in reserve for long term tenants.
- 50% WOO allotted to assistance the WOO ecosystemfor the following functions:
– 25% of the WOO ecosystem prizes, awarded to incentivize the use of the network
– ten% Insurance Fund, to assistance the assets of on-line consumers
– ten% Ecosystem Partners, to reward partners for assistance routines
– five% WOO Ventures, to invest in early stage tasks with added benefits for WOO owners - The remaining five% is for funds management. These tokens are largely blocked.
Token release plan
Token use situation
Stakeout
- WOO can be staked to minimize transaction charges, unlock absolutely free exchanges on WOO X, and enhance referral price reduction.
- Organizations creating higher volume on WOO X can stake WOO primarily based on their volume and transaction needs to get an API transaction cap enhance and charge reduction.
Product
- A portion of the tokens acquired from WOO Ventures early stage venture investments will be distributed to WOO stakers on WOO X.
- This characteristic supplies DeFi liquidity and revenue farming with WOO.
- WOO is integrated into significant DEXs in numerous chains: Bancor, Sushiswap, Uniswap, PancakeSwap, QuickSwap, and MDEX.
Borrow and Lend with WOO
- WOO can be utilized as collateral for loans and loans on: Sushi Kashi, Rari Capital, KINE Finance and Unit Protocol.
Where to invest in and promote and how to personal $ WOO
You can now trade and hold $ WOO in exchanges like Huobi, Gate.io, Binance, Okex, and so forth. Or in decentralized exchanges like SpookySwap, Dodo Exchange, dYdX, and so forth.
Roadmap for the growth of the Woo Network venture
seven/2019
- Wootrade ATS (WATS) has established and finished the seed round
December 2019
- WATS one. is launched to preliminary prospects
six/2020
- Integrated CTO + two senior back-finish engineers
seven/2020
- WATS two. replaces WATS one.: higher scalability and dependability
August 2020
- Stocks and private sale finished
September 2020
- Take benefit of spot trading, launch of the new Woo.trade web page
ten – eleven/2020
- Token Sale / Token Genesis
- Cases of utilizing direct tokens for WATS
1st quarter 2021
- Launch of the trading platform
2nd quarter 2021
- Futures trading launched
3rd quarter 2021
- Decentralized wealth management platform launched
- Series A money
2022
- Operation / Decentralized Ownership
Woo Network venture growth crew
Founder of WOO Network
WOO Network was founded in 2019 by Research on Cronoa multi-tactic trading company specializing in marketplace producing, arbitrage, CTA and higher frequency trading (HFT), averages somewhere around $ five-ten billion in every day trades on international cryptocurrency exchanges.
The executive crew consists of Kronos Research co-founders Jack and Mark, who transformed the crew of two in 2018 into a international quantitative trading powerhouse with more than a hundred staff in twelve cities.
The crew comes from significant educational and fiscal institutions this kind of as:
Investors and growth partners
Investors
Evaluate the Woo Network venture, need to you invest in WOO tokens or not?
Woo Network Project as an all-in-one particular aggregation venture, from centralized finance to decentralized finance. Almost all the attributes offered in the cryptocurrency marketplace are integrated The Woo Network ecosystem. This guarantees to be a promising venture when there are merchandise on the Appstore that consumers can experiment with and price. However, this is not investment tips, you need to experiment and assess the venture merchandise and give your viewpoint.
Through this write-up, you have by some means grasped the essential data about the venture to make your investment choices. Coinlive is not accountable for any of your investment choices. I want you achievement and earn a whole lot from this likely marketplace.