WOO Network
WOO
Crypto
Utility
USD 0.21-7.69%
WOO Network
UMushroom community rating:
About
Utility
Categoryn/a
Consensus MechanismL2
L1/L2n/a
Sub-cateegoryethereum
Ecosystem2020
Year of creation
Description
WOO Network (WOO) is a Utility crypto token. WOO Network was founded on 2020-10-30 on the ETHEREUM ecosystem. More information can be found at https://learn.woo.org/wooooo-the-token/what-is-woo.
Key Technical Advantages:
Darkpool Trading Platform: Wootrade is a darkpool trading platform offering above-average liquidity, tighter spreads, and zero (or even negative) fees. It aims to resolve the liquidity, cost, and adverse selection issues in cryptocurrency trading for exchanges, institutions, and retail traders. Native Token - Woo: Wootrade's native token, Woo, incentivizes liquidity providers to compete on prices and spreads, improving the economics and experience for traders. It unites liquidity providers and seekers in a mutually beneficial economy that allows for zero-fee trading at the best execution prices globally. Incubated by Kronos Research: Wootrade is incubated by one of the largest cryptocurrency trading firms, Kronos Research, which will seed it with liquidity in the short term. In the long term, Wootrade plans to decentralize governance and create a transparent and fair platform using blockchain technology. Alternative Trading System (ATS) / Dark Pools: Wootrade is modeled as a "dark pool" or Alternative Trading System (ATS), where traders can interact privately, away from the visible, or "lit," exchanges. This approach improves pricing and liquidity by allowing large trades to execute without impacting the market price of the asset being traded. Target Audience & Pain Points: Wootrade's initial target audience includes exchanges and trading platforms. It aims to solve pain points such as the inability to attract professional market-makers and retail, lack of differentiating products, and technical issues related to platform stability and connectivity. Content summarized by AI chatbotSource:
https://learn.woo.orgKey figures
-51.5%1Y
-70.0%3Y
-75.2%5Y
Performance
0/ 01D
0/ 01M
0/ 01Y
Highs/ Lows
30.08.2022
USD 1.66
All Time High
12.88%
% of All Time High
-93.84%All Time
-82.32%1 year
Max drawdown
#168
Ranking by Market Cap
397.29 M
Market cap (USD)
0.00%
% of Market
117.525 B
Category Market Cap (USD)
0.34%
% of Category
2223213192
Circulating Supply
1861713452
Liquid Supply
83.74%
Liquid/ Circulating Supply
N/A
Not Available Currently
Max Supply
N/A
Not Available Currently
Circulating/ Max Supply
45601408
Volume Traded
11.62%
Volume Traded/ Market Cap
Ratings & reviews
Performance:
0.00
Innovation:
0.00
Society:
0.00
Nature:
0.00
RECOMMENDED CRYPTOS
