Dear Hoo users,
Hoo is launching WOO(WOOTRADE) token sale at 13:00 to 17:00 on October 29(UTC+8). Detailed rules are as follows:
Rules:
Mode 1: First come, first served
Amount: 30,000 USDT
Reference price: 1 WOO= 0.03 USDT
Time: 13:00-17:00 on Oct. 29, 2020 (UTC+8)
Accepted coin: USDT (wallet account)
Minimum invest: 100 USDT
Maximum invest: 500 USDT
Requirements: complete KYC, VIP 1 or above, and 2,000 HOO in the wallet account (mining market making is not included in the position).
Mode 2: Super Invest (Maximum: 350,000 USDT)
Amount: 70,000 USDT
Reference price: 1 WOO= 0.03 USDT
Time: 13:00-17:00 on Oct. 29, 2020 (UTC+8)
Accepted coin: USDT (wallet account)
Minimum invest: 100 USDT
Maximum invest: 10,000 USDT
Requirements: complete KYC, VIP 1 or above, and 1,000 HOO in the wallet account (mining market making is not included in the position).
Listing Arrangement: trading starts at 13:00 on Oct. 30, 2020(UTC+8)
Introduction to Wootrade
Built by industry leading quantitative trading firm Kronos Research, WOOTRADE offers greatly improved liquidity, spreads, and fees (the abolishment of). It is the next evolution in crypto trading. Currently Wootrade product and landing operation nearly 1 year, and upgraded to version 2.0. Access to more than 10 exchanges and trading institutions, including Gate.io, Hoo, MXC, OneBoat Capital, Genesis Block, etc., a total of more than 65,000 end-users have used its trading depth through the exchanges that cooperate with WOOTRADE.
Team Background
Founded by a team of leading traders, technologist and marketing experts, Wootrade has the right team in place to execute its vision. Our team members have worked at: Citadel, Virtu, BNP Paribas, Deutsche Bank, Shanghai Futures Exchange.
WOO Tech
Wootrade features advanced alpha-based market-making abilities via partnerships with the leading quantitative trading teams globally. This novel platform has achieved a self-reinforcing and mutually beneficial dynamic between traders, exchanges, market-makers and investors all tied together by the WOO token.
- Super liquidity provision platforms: trading depths better than mainstream exchanges;
- Zero handling and service fees;
- To B customers: exchanges, wallets, dealers, and support for white-label systems;
- A customizable trading interface designed for professional trading institutions;
- Unique order flow profit splitting mechanism.
Token Information
Full name: Wootrade Network
Ticker：WOO
Total supply: 3,000,000,000
Token type: ERC20
Online circulation: 73,500,000
Specific time, quantity, price of each sales round
- 2018/06 Seed Round 0.01usdt
- 2020/08 Private Round 0.02usdt
Vesting and Releasing Rules
- 24-month linear release for seed round investors;
- 6 month linear release for private equity investors;
- 48-month linear release for the team, advisors and equity investors.
Token Distribution
Ecosystem: 50%
Team: 20%
Sale of tokens: 20%
Consultants: 5%
Liquidity management: 5%
Token Economics
By partnering with the world's leading quantitative team, Wootrade utilizes the native token WOO to achieve a mutually beneficial and positive incentive relationship between traders, exchanges, market makers and investors.
Investment Institutions
Dragonfly Capital, Three Arrows Capital, Hashkey Capital, SNZ, DFund, Fenbushi Capital, IOSG Ventures, QSN, Defi Capital, Genesis Block, Chain Capital, AKG Ventures, Vector Capital, Tongzhou Capital, AKG Ventures, Hengxin Capital, Golden Krypton, Axia8 ventures, Cabin VC
References Link
Official website: https://www.woo.network/
Whitepaper: https://www.woo.network/Litepaper.pdf
*Users from the following countries will not be able to participate in token sales on the Hoo.com platform:
Afghanistan, Albania, Belarus, Bosnia and Herzegovina, Burundi, Cambodia, Canada, Central African Republic, Côte d'Ivoire, Cuba, Democratic Republic of the Congo, Ethiopia, Guinea, Guinea-Bissau, Iran, Iraq, Kosovo, Kyrgyzstan, Laos, Lebanon, Liberia, Libya, mainland China, Malaysia, Malawi, Mali. Mozambique, Myanmar, New Zealand, Korea, Republic of Korea, Serbia, Somalia, South Sudan, Sri Lanka, Sudan, Syria, Tanzania, Thailand, Timor-Leste, Trinidad and Tobago, Tunisia, Turkmenistan, Uganda, United States of America, Uzbekistan, Venezuela, Yemen, Zimbabwe, Hong Kong.
Risk Alert
All investments are subject to high market risk. Please make your investments very cautiously. Hoo will choose high-quality projects, but will not be responsible for any investment losses.
Hoo Team
October 23, 2020
