Review of Cook Protocol, A Blockchain Powered fully decentralized Asset Management Protocol

in investment •  4 years ago 

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General Introduction

Despite the amazing benefits offered by cryptocurrencies , the industry still lacking some key elements . The industry has offered diverse instruments of wealth creation but lacks adequacy in its management system which often leads to failure of many projects. Cook Protocol platform has developed a platform that resolve the problem of crypto asset mismanagement in crypto space . The problem of mismanagement has discouraged mass adoption , even there are tons of early adopters got discouraged and left the industry. Cook Protocol platform has been designed to revolutionize the system of crypto assets management , offering sustainability and ensuring reliance of crypto related investments. Cook protocol will motivate crypto adoption through their operational standards. The platform will roll out some distinctive features which will change the investment system and investors perspectives on general crypto related investments.

About Cook Protocol

Cook Protocol is a blockchain based , full decentralized asset management platform developed on Ethereum network . The platform tends to solve crypto related investment by offering simplify approach to investment and its management . Cook Protocol links the investors and tons of professional fund managers. Users who could not manage their investment themselves due to lacking skills can easily chose Cook Protocol to maximize their investment returns. The Retail investors in the Cook Protocol Ecosystem are offered with varieties of profitable investment options . Retails investors don't really need to know or stress much about the management of their investments. All will be will managed by the team of Dedicated Fund management in the platform . Investors only need to select to chose the kind of strategy proffered . Meanwhile, the risk averse investors can opt for index based investment which are passive in nature . In the same vein , investors who seek high returns can easily opt for the investment they can manage more easily and actively.

Cook Protocol function just like the traditional ETFs system but the difference is while ETFs have centralized structure, Cook Protocol platform is fully decentralized and automated. All funds are pools together from investors and allocated to the Fund managers. The Gas fees can as well be shared among the investors connected to mutual fund in the ecosystem . The system designed by Cook Protocol simplify the system of DeFi and create accessibility of DeFi investment to the public . ,Most retail investors find DeFi system highly complicated and Cook Protocol will be creating avenue for those class of investors to invest in a safe , secure and profitable investment ecosystem.

What makes Cook Protocol Stands out from the existing Asset Management Platform ?

ETFs is a typical example of asset management platform . The system involves collecting funds from the investors and investing the funds . The system so far lacks elements of transparency and not secured enough . Cook Protocol operates similar way but the difference is that the investors funds are being managed by professional Fund managers and the entire system of system is structured on blockchain network which is traceable by the public . All investment funds are based on blockchain technology . Risk index and profit information with a particular investment option are totally transparent which can be trusted by the investors. Additionally, investors have tendency to track their data on blockchain .Cook protocol platform is supported with powerful technology which guarantees investors safety and high level of transparency . Users are equipped with access control .In this case, the fund managers can easily allocated locked assets but they are unable to withdraw the funds . This technique guarantees safety of investors funds and reliability of the investment platform .

Cook Protocol offering Cutting Edge blockchain which focuses on making DeFi accessible to all and sundry .

As explained earlier, lots of people are trying to gain entry into DeFi but the complexity of the investment system prevents them . Cook Protocol has been developed to solve this problem Investors can access varieties of investment options available in the ecosystem . Cook Protocol simplifies the system of investment and bringing investments to everyones doors step. The investment ecosystem offers a very powerful asset management services . It allows investors globally irrespective of their location to access varieties of quality asset management services without going through any form of complication attached to DeFi Market. Investors earns high return just like that of DeFi investments without going through any form of complications. Another amazing feature of Cook is the use of Smart Contract which offers fair profit distribution for the investors and ensuring health flow the more the demand increases with time .

ckToken

Cook Protocol has a governance token which is being developed for various purposes in the ecosystem . As a governance tokens, holders have right to take decision regarding the progress of the platform . They can chose to remove or add any DeFi Protocol whitelist . It can be used for regulating the platform fees , it can be used to increase or decrease the platform commission . Lastly the holders of ckToken are empowered restructure the platform governance system . If the existing governance model is working they can stick to it and it otherwise, they can change it as well .

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ckToken Info
Token Name : Cook
Sysembol : COOK
Token Network : ERC20
Total Suppy : 10 billion ckToken

Conclusion
Cook Protocol Ecosystem offers varieties of profitable investment options .It simplify investment system , allowing public to benefit from DeFi high return without going through any complexities that exist in DeFi investments. Retails investors dont really need to know or stress much about the management of their investments. All will be will managed by the team of Dedicated Fund management in the platform . Investors only need to select to chose the kind of strategy proffered . Meanwhile, the risk averse investors can opt for index based investment which are passive in nature . In the same vein , investors who seek high returns can easily opts for the investment they can manage more easily and actively. Dont miss out participate in the ongoing Presales. #COOK #CookProtocol #Secure #Transparent #Blockchain
#Cryptocurrency

ROADMAP

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Official Community of Cook Protocol

Website: https://www.cook.finance
Whitepaper: https://www.cook.finance/whitepaper
OnePager: https://www.cook.finance/one-pager-2
Telegram : https://t.me/cook_english
Github: https://github.com/CookFinance
Twitter: https://twitter.com/cook_finance
Linkedin : https://www.linkedin.com/company/cook-finanace/
Reddit : https://www.reddit.com/r/CookProtocol/

Authorship:
Bitcointalk username :koremodupe
Bitcointalk profile url: https://bitcointalk.org/index.php?action=profile;u=2681359
Eth address: 0x92d259F369B02eF1d625C3F3bDc2F6b06A8BE272

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Defi investment for all make possible weldone ream

cant wait to see this platform going live

good project

Decentralizing Investment system is the best concepts so far. I like COOK Solution