Cook Protocol, A decentralized asset management ecosystem which merge both investors and asset managers together.

in cryptocurrency •  4 years ago 

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General Introduction

Cryptocurrency industry has become a booming industry in the global financial ecosystem .The journey so far hasn't been an easy one because the industry has witnessed series of ups and downs in different phases of developments. The emergence of DeFi in the early 2019 and the development of some blockchain infrastructure contributed to the breakthrough of the industry , DeFi system known as Decentralized Finance has changed the face of Crypto trading and investments generally. Things has changed from the way it used to be . Crypto industry currently has worth over a trillion dollars global market cap . The positive developments in the industry has attracted the attention of institutional investors and some large scale investors into the industry. Despite the popularity and profitability of the cryptocurrency industry , lots of retail investors are still finding it hard to enter the industry due to the technicalities attached to the use and rigidity of some DeFi interface. Besides, not everyone is TECH inclined. The team of Cook Protocol after having studied this situation has emerged to develop a decentralized asset management platform which will enable everyone irrespective of their experience in cryptocurrency investments or trading to invest securely and profitably through its dedicated asset management platform . Cook Protocol is an Ethereum based asset management platform developed to offer decentralized investment and asset management services for the public . It allows investors to take advantage of the booming DeFI industry without having to handle the investment management by themselves. . The platform offers wide range of investment opportunities for the users . It focuses on revolutionizing asset management system , offering high profitability and preventing loss through their professional management strategies .

COOK PROTOCOL PLATFORM

Cook Protocol is a decentralized asset management ecosystem which merge both investors and asset managers together . It offers investors and asset managers all over the world seamless opportunities available in DeFi space. Cook Protocol has been develop to ease the burden of retail investors , simplifying investment system and offering high return on their investments. The platform offers investors with wide array of investment opportunities,Lots of alternatives are provided by the platform . There are high risk investment ,medium and low risk type of investment in the platform . The investment options will now depend on the risk taking level of investors. Cook Protocol simplify investment and ease the burden of ordinary investors who doesn't have much knowledge about investment or DeFi. Investors only need to chose the investment of their choice while their funds are directly linked through the platform to the best asset manager which will manage the fund within the ecosystem .

Cook Protocol focuses on restructuring and expanding Crypto investment and management system. What makes the platform more safe for investors is its decentralized nature . The platform has been designed in away in which Funds managers have limited access to users Funds . They can manage investment thoroughly to maximize high profit but they cant withdraw investors funds . Besides, the platform is embedded with some features which enable users to track the progress of their investment . Cook Platform will allow Investors to chose among varieties of investment options made available by the asset managers . All necessary tools needed to manage investment and tracking investments are available for both the asset management and the investors .

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FEATURES OF COOK PROTOCOL

(i) Cook Protocol Offers Users Friendly Interface. It offers simplified and easy to use UI is offers by the platform to enable investors make efficient use of the platform resources , hence allowing them to overcome the rigidity attached to present DeFi system and maximizing high profit .

(ii) Cook Protocol offers variety of investment options for the users in which users can chose among the available options . Low risk taking investors can chose investments that suits their taste while high risk taking investors chose their investment preference as well . As explained earlier, Cook Protocol is a decentralized asset management platform that sees investors security and profitability as a priority . Users investments and funds are secured, all being managed by Ethereum Smart Contract.

(iii) Asset management in the platform are furnished with advance trading tools which allow them execute their asset management service frictionlessly . Price prediction tools, wide range of trading tools are supplied . Besides, the platform ensures investors are not being extorted by cutting off all forms of fees being demanded from the investors. The Platform ensures Lower initialization fees .

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COOK TOKEN ( ckToken) and its utility

ckToken is serve as multipurpose token in the platform . It fuels some activities within COOK Ecosystem . It functions as a governance token which empowers holders have governance right in the platform . It can also be used in making decision regarding DeFi protocol whitelisting in the platform . It functions also a regulator of platform fees , decision regarding decreasing or increasing the platform commission can be taken with the use of ckToken . Restructuring of the management Model can be done through management with the use of ckToken by the holders. Holders of the token can as well vote on the price change in the platform .

ckToken Tokenomics

Name : Cook Protocol
SYMBOL: COOK
TYPE : ERC20
TOTAL SUPPLY : 10,000,000,000

TOKEN DISTRIBUTION

6,000,000,000 ckToken allocated for Community Treasury ( 6 years vesting )
1,000,000,000 Community , allocated for Airdrop and incentives
1,000,000,000 allocated for early investors with price and unlocking schedules.
1,000,000,000 allocated for businesses and partnership

CONCLUSION

Cook Protocol has been developed to ease the burden of the retail investors , simplifying investment system and offering high return on their investments. The platform offers investors with wide array of investment opportunities,Lots of alternatives are provided by the platform . There are high risk investment ,medium and low risk type of investment in the platform . The investment options will now depend on the risk taking level of investors. Cook Protocol simplify investment and ease the burden of ordinary investors who doesn't have much knowledge about investment in DeFi. What are you waiting for ?Be part of something huge while there is chance . Join Cook Protocol Sales now . #COOK #CookProtocol #Secure #Transparent #Blockchain #Cryptocurrency

COOK Official Links

Website: https://www.cook.finance/
WhitePaper: https://www.cook.finance/wp-content/uploads/2021/01/Whitepaper.pdf
OnePager: https://www.cook.finance/wp-content/uploads/2021/01/One-Pager.pdf
Twitter: https://twitter.com/cook_finance
Telegram: https://t.me/cook_english
LinkedIn: https://www.linkedin.com/company/cook-finanace/
Reddit: https://www.reddit.com/r/CookProtocol/
YouTube: https://www.youtube.com/channel/UCGiAQqspfq9LE0XgFlywN7w/
GitHub: https://github.com/CookFinance

Authorship
Bitcointalk Username : Gurumal
Bitcointalk Profile url : https://bitcointalk.org/index.php?action=profile;u=2822423
Eth address: 0xAf1E2f293D9d7130dbD8Dbb732c1437fd9869796

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This is a very good idea that will decentralize global financial investment system..

High impacts project. I find DeFi a little conplicated. i think this project is meant for me

This project has a better future . Am sure it will be massively adopted.

can i have the whitepaper pls ?