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If you think crypto is the future, the crypto trading markets will be the future, in which liquidity is king.
Made a thread about $WOO, a potential gem.
-WooTrade X Kronos Research
Kronos Research is a large quant trading firm based in Taipei and Shanghai.
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Made a thread about $WOO, a potential gem.
-WooTrade X Kronos Research
Kronos Research is a large quant trading firm based in Taipei and Shanghai.
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Their team has grown from 2 in 2018 to a now 80+ team and their ultimate goal is to provide the infrastructure to make investing and trading easier and fairer in different markets; Japanese stock, a German hedge fund, or a new cryptocurrency.
In the last years they've grown a lot and trade on average more than $5 Billion USD/day in crypto volume.
-WooTrade
They noticed many funds were suffering from a lack of liquidity and fairness in the crypto market. This limits trading volume and fund size for many participants.
-WooTrade
They noticed many funds were suffering from a lack of liquidity and fairness in the crypto market. This limits trading volume and fund size for many participants.
This is why they came up with WooTrade Network.
WooTrade provides liquidity for institutional clients by partnering with exchanges, funds and quant teams. Kronos’ role in the development is to support its infrastructure build-out and act as an initial liquidity provider.
WooTrade provides liquidity for institutional clients by partnering with exchanges, funds and quant teams. Kronos’ role in the development is to support its infrastructure build-out and act as an initial liquidity provider.
In a way, WooTrade Network is to centralized and decentralized exchanges what Ethereum is to dApps, as they are an underlying layer with liquidity and with digital assets that exchanges can access freely.
See it as a base layer solution for cryptocurrency exchanges and platforms.
See it as a base layer solution for cryptocurrency exchanges and platforms.
-Similar project
A similar project is FTX Token, FTX also focuses on the trading field and they are also backed by a large quant firm; Alameda Research.
The difference is that $FTT is more retail focused; an exchange with a lot of products.
( $FTT's MC is currently ~900 Mil)
A similar project is FTX Token, FTX also focuses on the trading field and they are also backed by a large quant firm; Alameda Research.
The difference is that $FTT is more retail focused; an exchange with a lot of products.
( $FTT's MC is currently ~900 Mil)
Wootrade is positioned more as a trading platform and liquidity network with financial services for institutions.
The $WOO token is currently only $0.025 with a market cap of $7 Mil so I think there is room for a lot of growth.
It's listed on Huobi and multiple other exchanges.
The $WOO token is currently only $0.025 with a market cap of $7 Mil so I think there is room for a lot of growth.
It's listed on Huobi and multiple other exchanges.
-Facts
- Kronos already had a large quant business with a big network.
- Their platform keeps growing and it recently surpassed $1 Billion of monthly trading volume.
- Token burn starts Q1 2021.
Looking forward to the developments of @ResearchKronos and @wootraderS.
$WOO
- Kronos already had a large quant business with a big network.
- Their platform keeps growing and it recently surpassed $1 Billion of monthly trading volume.
- Token burn starts Q1 2021.
Looking forward to the developments of @ResearchKronos and @wootraderS.
$WOO
More information, see
- Kronos Research
https://kronosresearch.com/
- Telegram
https://t.me/wootrade
$WOO
- Kronos Research
https://kronosresearch.com/
- Telegram
https://t.me/wootrade
$WOO
