We are pleased to announce our next AMA on October 16th 2020 at 12:00 PM UTC Time: Satoshi Club x Wootrade
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Wootrade Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions. 4 Questions will be selected from our website – please submit your questions in the comments section of this post. 2 Question will be selected from
Part 2: 100$/10 users – Open chat for 80 seconds. You can post Max 5 questions. Wootrade Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Wootrade
For more details:
Wootrade – @wootrade
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
The site says that you work with the most sophisticated machine learning and ai-based trading teams. Does this mean that traders will be given the opportunity to use these technologies in their daily trading, for example, the ability to use bots integrated into the platform with custom parameters?
Are there any plans to list WOO token on centralized exchanges?
How many users have already registered to gain early access to Wootrade?
Wootrade features advanced alpha-based market-making abilities, is wootrade for use by exchanges and big traders with huge volume only ? How can the retail trader benefit from investing or holding woo tokens ?
Your claim of zero trading fees is definitely a very strong one and probably your “cheval de bataille” in your offering. Still, more cautious people would probably have a natural question pop up in the back of their minds: how can you manage to be sustainable without applying trading fees?
Could you please tell us more about how to achieve a Prime Node status and what are the relative advantages?
In the whitepaper you mention that, at its very beginning, the trading platform will start as a centralized entity and that – in the long term – you are (quote)
” […] you are planning to decentralize the Governance of Wootrade to pursue the objective of transparency and fair treatment of its participants.”
You’re surely aware that the trend in the crypto community is pending towards trustless, decentralized systems.
Don’t you think that this starting centralized layout can be already an issue for initial adoption and for later evolution towards a decentralized form later on as well?
“WootraderS didn’t charges any transaction fees on it platform,
My question is, where does WootraderS earn funds to run its platform if you didn’t charge any fee to your users?”
Is WOODTRADE currently or looking for hidden coins (BNB, RABBIT, MOON, …) on the market yet? Or keep big coins like BTC to waste time? Please give a few comments on the above
DISRUPT MARKETS.
EMPOWER THE INDIVIDUAL?
The above word I saw in your website,really captured my attention.my question is this… How can you disrupt the market and at the same time, empower individuals(I’m confused).
What are your project plans and roadmap in other to leave up to this motto?
Is WOODTRADE’s policy on quality rather than quantity? So when dealing, will quality be given first priority? And will WOODTRADE take the time to test it in 1 transaction, so the transaction time will be quite long? And each transaction will follow a certain volume?
What policy is WOOTRADE called fair to all investors? Are there policies to help users avoid scams or resolve scams on your platform?
I can see from your website that “enterprise clients holding a certain number of tokens are eligible to earn WOO tokens for every dollar of flow traded”. Pls explain more on this,which dollar of flow? How is the earnings calculated?
“DARK POOL”| As I know that Wootrade is a “dark pool” or Alternative Trading System (ATS). So can you tell me what is “dark pool” different from “farming field” and another terms?
As I known WOOTRADE follows a meritocratic token distribution plan. Roughly 60% of tokens have been committed to the ecosystem through ecosystem rewards, advisor and public sale distributions. So where’s another 40%?
In an article on WOODTRADE’ website said that DEXs and other trading platforms may source their entire orderbooks from WOOTRADE at zero cost, thereby unifying liquidity across all venues. So can you explain this mechanism in detail such as users must use your API to do that or register to your platform?
Wootrade is built by Kronos Research, can you tell us what is Kronos Research remarkable achievement or contribution on crypto and blockchain industry so far?
Wootrade “Cloud Exchange” solution enables new exchanges to go live in 1 hour or less. Is this exchanges still connected and manage by Wootrade, will you explain how it works?
Wootrade claims that they are more into quality, quality also comes with security. What kind of security your platform implements to secure users assets?
On your website it days that enterprise clients holding a certain amount of tokens are eligible to earn WOO tokens for every dollar of flow traded. How much is that minimum amount that clients must hold?
Does Woo Network currently have alliances with other exchanges in the market? Are more alliances coming in the near future? Are you currently working on one?
As a trader like me, the security of my funds is my first priority before choosing any exchange for trading. How much secure Wootrade is? What programmable technology & security developed by your team to build the platform very secure?
Can you please briefly illustrate what are the top landmarks that the wootraders team aims to accomplish before the end of this year or in future and are all targets in accordance with the current road map?
To create the $woo financial ecosystem, will there be a buyback or burning of a token supply?
Can you explain more about Open governance on Wootrade, Will the voting power be determined by the duration of Staking or the amount of tokens purchased to vote? Also, how do you aim to encourage people to participate in governance & decision-making process, are there incentives?
What are your mechanisms to protect traders and investors in the event of extreme market volatility?
The current problem of the High fees just demotivate the use of the DeFi spaces, so How WOO affront this problem? How you archieve the zero commisions
The 50% of token Supply is destined the ecosystem rewards, so can you explain which kind of Incentives or prizes are related to those funds?
About new staking model of WooTrade Network. Could you describe in details how users can stake, liquid mining and vote for earn rewards in WooTrade?
How is the voting power that each user has within the Woo Network ecosystem calculated? Is its power dependent on the amount of WOO token or the duration staked?
Can exchanges that don’t have their own token adopt WOO as their platform token? What benefits would this bring to those exchanges?
As Many people not aware of Cryptocurrency at all .
What were your Plans to Attract more and more People in Cryptocurrency ?
We’ve seen hacks at several exchanges in the cryptocurrency scene. Hacked and leaked user data even happened at Binance (the biggest exchange for crypto). How can WOOTRADE handle these attacks?
Many Project talks only about their Strenghts, Can You talk about the weak point that You project is Currently Dealing With?
Wootrade doesn’t charge any trading fees on its platform,
Then where does Wootrade gets its funds and revenue?
How does Wootrade manage and distribute those revenue for its platform developments?
Are you a global project or local project? Can anybody anywhere use Your project without any restrictions?
Do you plan to build partnerships with local cryptocurrency developers and local project in each country to make the use of WOO more global?
Wootrade aims to build
the best liquidity pool so that both centralized and decentralized exchanges can develop on top of their foundation, but will exchanges be able to access freely or it’s a paid service? Also, what form of rewards will you offer your end users for usage?
WooTrade is also a community driven project has the use voting points and help the ecosystem, has the community been growing more recently? Will there be more incentive?
Recently, Bitmex has suffered a heavy blow from regulators and Bitmex is one of the exchanges with the highest liquidity in derivatives. What are you doing to comply with the money laundering and kyc rules?
Can you tell us about Wootrade’s Ecosystem Partner Program and how can these partners contribute to build Woo ecosystem? What kind of partners does Wootrade look out for?
What is special about Wootrade that really sets you apart from the rest of the trading platform? What is the particular attribute the makes you incredibly valuable?
How can I run my own dark pool / exchange, do I need any special requirement or coding skills or number of WOO tokens
Woo Trade is a community governed project, where token holders accrue voting points and govern increasingly core aspects of the ecosystem. How is the communuty power growing along time? When will Woo Trade be fully community driven?
By staking tokens in the Woo Trade ecosystem users can run their own dark pool/exchange. what are the benefits of that and the minimal requirements?
How does Wootrade incentivize liquidity in the markets? Does Wootrade have in-house market makers to ensure liquidity is consistently provided? What can people do if they are interested in providing liquidity on Wootrade?
What is the plan to ensure sufficient liquidity on exchanges to fill market orders, especially as adoption increases and clients begin multiplying year-over-year $WOO ?
I am an ETHICAL HACKER AND EXPERIENCED DEVELOPER, do you have plans for HACKATHON so as to check the security of your ecosytem periodically and also invite developers to build on
I have seen another company claiming with ZERO trading fee recently probably it was on another AMA. So, how will you differaite your likewise rivals?
How will “Zero Fee strategy” impact on smart contracts? Where do you see WOO will take next year?
Security is always one of the biggest concerns as an investors. What kind of forms of security do you offer for the Wootrades platform and how do you ensure the customers’ assets safety?
How do you make users believe that WOOTRADE is a long-term high-quality project? Could you give me 3 key points to convince me and other angel investors invest in $WOO in long-term?
As I am a developer with knowledge of programming languages such as solidity, C ++, Java etc., can I create Dapps on your platform ? And HOW easy to create dapps on you platform?
What is your plan for global expansion? At present, which market does Wootrade focus on, or is it focused on building and growing to gain customers, users and partners?
Each project has interesting stories before it is created. So can you tell people about the story that gave you the motivation to build and develop a great project like your?
On moving forward through your roadmap, what are your most important next priorities/Milestone? Does $the team have enough fundamental (Funds, Community, ect) to achieve those milestones?
What are your expectation for Pre-Sale period? Will there come any Private Sale round too?
What’s your elevator pitch on Wootrade and why the crypto world needs yet another market making service?
– If Wootrade offers zero commissions, how does the team make a profit in order to maintain the development of the project?
– Is it possible to create my own exchange using Wootrade? Is there a good support for exchange creators?
– How does Wootrade increase liquidity? Is it similar to liquidity aggregator? Is everything completely decentralized?
How does Wootrade provide traders with zero fees and What is the secret ingredient behind Wootrade’s zero-fee business model?
Zero-fee trading can attract a lot of users to the platform, who then may take advantage of more advanced features like margin trading. Can you tell us What are these advanced features that gives advantage to the platform users?
“Disrupt markets, empower the individual.”
What is behind the slogan, how to fulfill this?
What benefits will a Prime node have compared to other types of nodes?
How are they able to offer zero commissions and at the same time make a sustainable development? How do you plan to be sustainable over time?
Q1. How does the system works Blockchain time to make a transfer with tokens WOO?
Q2. Why the change project Wootrade is better than other pages?
Where can I share content produced in my group to see it through Wootrader?
I am interested in starting my own exchange on Wootrader but how do I avoid technological or commercial problems?
What characteristics does the Woo token have in order to unify and amplify the strength of the community?
Token holders accrue voting points and govern increasingly core aspects of the ecosystem. Is this true? To what extent we Tokens Holders govern certain central points of the ecosystem?
What are the main uses that stand out from your competitors of your $WOO token? Can I cover transaction fees with $WOO?
The High gas fees is a problem that affects Erc20 tokens and Ethereum services, so How is possible to you have Zero gas?
The ecosystem rewards represents 50% of the total supply, so Which kind of rewards are related to these funds? Staking? Loyality?
How safe is it to trade on your platform? Is it safe to deposit our money without fear of hacking or some kind of malware? What makes WooTrade safe from these problems?
Can you explain why Woo trade is better than AMM Exchanges like Uniswap? What make you ahead of them?
The Seed sale was on 2018 and the private sale this August 2020, so when is gonna happen the Public sale?
One of the problems that affects the services of the ETHEREUM network and the transactions of the ERC-20 Tokens is the high transaction fees … How is it possible that WooTrade has ZERO COMMISSIONS? How does WooTrade benefit from these features of its platform?
I have understood that wootrade use custodians to keep the assets safe, so can we know who are this custodians? Also which other Risk control mechanisms has Woo trade?
Woo trade will implement a Governance system to become a fully driven project?
I am interested in starting trading but I can’t decide on which platform … Can you tell me why I should have WooTrade options and not other similar platforms as options? What advantages does your trading platform have over your competitors?
Woo Trade is a community governed project, token holders accrue voting points and govern increasingly core aspects of the ecosystem. How is the communuty power growing along time? When will Woo Trade become fully community driven?
By staking WOO tokens users can run their own dark pool/exchange on the Woo Trade ecosystem. what are the benefits of that and the minimal requirements?
While using Woo Trade users experience zero trading fees in spot and futures. Where is the profitability for the platform, how is this system sustainable long term?
In Woo Trade there are multiple types of staking programs and rewards, what are the benefits of each, how do we participate and know what type of reward we are getting?
One of the things that users look for before depositing money in exchanges is if it is necessary to pass some kind of KYC verification … In WooTrade is this necessary? Or is it optional? Would there be limitations when not verifying KYC such as withdrawal limits, trading limits, deposits etc …?
What is the main benefit that Wootrade is interested the most when looking for partnerships?
Wootrade recently had a considerable number of new institutional investors who will provide financial backing. In what way this new capital will boost the platform? How is this going to benefit users?
WOO token seems to have some features different than any other crypto tokens. What are these innovative features and their objectives?
What unique features does your “intuitive and customizable” interface have for users?
Your project has great features. There must be an experienced team behind. Can you tell some about your team and their experiences in the market?
Zero Commissions, Superior Liquidity and Revenue Share… Do you have a secret source of revenue, how do you achieve all these?
You have prepared a B2B Demo. Are you focusing only on B2B services or will you be providing B2C and P2P services also?
How is the mission of being DEFI Bridge handled by Woo Trade?
how much is the max supply of WOO?
as well as in how much distribution
Ecosystem, Team,
Token Sale,
Liquidity Management,
Why are you partnering in the HOO market
what’s interesting in the HOO ?
why not partnering with Binance or Coinbase more attractive to buyers or investors
Stand on whether Woo, whether ETH (Ethereum) or BSC (Binance Smart Chain)
give reasons too
the WOO project does not make plans for Defi and Yield-Farming?
which investors and traders admire and seek
It really sounds incredible what I can do with the WOO! platform, greater liquidity and zero fees, but why not develop it fully decentralized? or is the plan serious in the coming months?
really what is the mission and vision of this project WOO? is it simply to develop a platform that facilitates all exchange operations and with the least possible restrictions?
a positive comment from the MXC exchange is shown on your website, are you really partners? If not, why would that competition platform congratulate you?
Each exchange platform has its native tokens that it is useful for them to reduce the cost of fees, by not having WOO with exchange fees, what utility will their native tokens have? or will it only be useful for holdear?
I understand the benefits in B2B exchange operations, but to derivatives and futures, what news will WOO bring? since I really think that liquidity is not so necessary in this case, right?
Really why prefer to trade on WOOTrade than on Binance and Binance DEX? since their commissions are very small
Is WOOTrade really a platform that will carry out the exchanges directly, or simply a third-party platform that facilitates and solves the problems existing in other exchange platforms?
Why does he really say WOO, “KEEP ALL YOU WIN”? Will it be that in other exchange platforms, what I earn will always decrease in value?
Is it totally reliable to carry out “CLOUD EXCHANGES”? Or do they have a WOO security system that makes it totally anti-hacker?
question:
“Disrupt markets, empower the individual” is the WOOTRADE slogan.
so,
How does WooTrade balance this one?
to generate income of its own but also to help reward its users?
thank you
question:
In what particular position does WOOTRADE belongs,is it being Decentralized or being Centralized? or Both?
thank you
question:
Does WOOTRADE has other source of income stream to SUSTAIN the business in the long run?
because they are ZERO-FEE platform and most plastform like Binance rely on fees to survive in this market?
thank you
What is the main objective of this wootrade project?
As the Wootrade community expands, what are the compensations and benefits you will contribute to your subordinates?
If wootrade is zero fee trading platform what benefits will you get from all the traders?
Risk/Benefit question; DEXs and other trading platforms may source their entire orderbooks from WOOTRADE at zero cost, thereby unifying liquidity across all venues. Could you please elaborate how this unifying works, especially regarding the potential risk for the platforms sourcing their orderbook?
What are the challenges Wootrade’s facing regarding customer/partnership acquisition?
Why did you offer zero trading fees for spot and future trading?
Are you not being lost with this strategy? If zero fees, how will you maintain the sustainability of your platform or did it have some little hidden charges that users cannot notice in his transaction?
As a trader, I rather choose platform that has a mobile application version for easy access. Do you have plan to launch and release Wootrade application in Appstore or Playstore ? Is this part of your future goal for the development of your platform?
Eventually in my phone , I used almost more than 5 Exchanges already. But if you recommend to me Wootrade, I will add it in my list. So what maybe the most relevant factor that can make me decide to add Woo trade in my Exchanges list beside having zero trading fees for spot and future? How about security, how safe to store our fund in your platform?
what is your advice for interested investors to wootrade, are there any min or max eth that we can invest ?
Each platform need funds to run the bussiness,
But WoodTrade offer zero trading fees,
where does WoodTrade earn funds and revenue to run the business?
exchange platform have many problem with liquidity and fees, how will loopring exchange handle these issues in WoodTrade exchange?
Is there any chance regular user be nodes? And what is the requirements?
How do you ensure market prices are monitored and ensure the best market price accuracy at brokerage firms?
How is Wootrade’s innovative revenue sharing model different from other revenue generating models? How will the solutions you provide through OTC services be implemented?
In which situations will the quantitative hedge fund come into play and what has been done in financing the fund?
What conditions do I, as your new partner, have to fulfill in order to receive a zero commission?
I am in the crypto world relatively recently and first met you. Please tell me how and most importantly where can I get and use the Woo token? Thanks.
People are always worried about the transaction speed because they worry about their transaction going to fail. How fast and secure is Wootrade? If the number of users spikes, will transactions on Wootrade get congested?
The problem of decentralized finance is that there is no simple and easy-to-use solution that is a barrier to the mass adoption of DeFi. How does Wootrade solve this problem?
How does Wootrade provide tracking products and use blockchain-based, verifiable data and how does it analyze the data? What contributions does Wootrade provide to the supply chain?