WOO (Wootrade) Introduction

1. Brief Introduction

Wootrade is incubated by the top quantitative fund Kronos Research, which aims to solve the pain points of the diversified liquidity of the cryptocurrency market, and provides sufficient trading depth for users such as exchanges, wallets, and trading institutions with zero fees.

2. Detailed Introduction

Wootrade is incubated by the top quantitative fund Kronos Research, which aims to solve the pain points of the diversified liquidity of the cryptocurrency market, and provides sufficient trading depth for users such as exchanges, wallets, and trading institutions with zero fees. At present, Wootrade products have been in operation for nearly one year and have been upgraded to version 2.0. There are more than 10 exchanges and trading institutions connected. Wootrade received investment from many famous institutions including Dragonfly Capital, Three Arrows Capital, Fenbushi Capital, and Hashkey Capital, etc.

3. Token Allocation

  • Ecosystem: 50%
  • Team: 20%
  • Token sale: 20%
  • Advisor: 5%
  • Liquidity management: 5%

4. Token Information and Release Schedule

  • Total Token Supply: 3,000,000,000
  • Initial Circulating Supply: 91,200,000 (Updated on 2020/10/29)
  • Seed Round Price: 0.01 USDT
  • Private Round Price: 0.02 USDT
  • Public Round Price: 0.03 USDT

Token Lock-up plan and release plan:

  • Seed investors will be released linearly within 24 months;
  • Private sale investors will be released linearly within 6 months;
  • Team will be released linearly within 42 months after 6 months of launch.

5. Related links

Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. Some of the content may be out of date, error or omission. Huobi does not take responsibility for any resulting direct or indirect losses.