Executive Summary
Cook Protocol establishes a transparent and flexible asset management platform
suited to diverse investors and asset management service providers alike. Investors
can monitor a manager’s fund allocations without worrying about fund security or foul
play. At the same time, fund managers can leverage Cook Protocol to gain access to
investors and carry out virtually any investment strategy without having to opensource the strategy.
Mission & Vision
Cook Protocol was founded on the belief that everyone needs to have access to
finance. We contend that decentralization holds the key to empowering people
around the world to better manage their assets, and we are helping the world move
in this direction by accelerating the transition to adopting decentralized finance.
Mission:
Accelerate Adoption of Open and Decentralized Finance.
We believe that we can accelerate the adoption of decentralized finance by:
Providing investors with secure, transparent and high-quality asset management
services.
Providing fund managers with funds and a variety of asset management tools
Vision:
Bring Finance to the Masses
In our journey towards achieving this vision, we are:
Democratizing secure, transparent and high-quality financial services with a
lasting, positive impact.
Becoming a world-leading decentralized asset management platform
Problems
Traditional asset management markets are opaque in revenue, profit, and risk
information. They are usually limited to wealthy private and institutional clients due to
inherent structural inefficiencies and hefty fee structures. Blockchain-based wealth
management provides a promising alternative because of the open and transparent
nature of blockchain technology.
However, existing blockchain solutions are often too sophisticated and technically
obscure for ordinary investors. Moreover, none of them provides the necessary
investment tools for professional fund managers to flexibly carry out a variety of
strategies.
Solutions
To tackle the aforementioned challenges, we are creating an Ethereum-based
decentralized asset management platform to provide ordinary investors with
professional asset management services. The platform offers the following benefits:
Investors can access high-quality asset management services without
professional knowledge of decentralized finance (DeFi). They only need to
select the appropriate investment strategies and send cryptocurrencies to the
corresponding smart contract to obtain ckTokens (fund-specific LP tokens).
They can sell or redeem ckTokens at any time.
Fund managers can create funds, configure investment strategies to attract
investors, and use tools on the platform to execute investment strategies.
Smart contracts guarantee security of the funds and transparency of the
underlying assets by limiting the access of fund managers.
Decentralized Autonomous Organization and Tokenomics incentivize global
investors and fund managers to interact with each other via smart contracts
deployed on Cook Protocol.
Passive investors interested in index-based investing strategies desire a selection of
high-level low-fee funds that track the growth of an index or industry. Investors with
higher risk-tolerance who seek higher returns require professional fund managers
who will bring extensive experience and advanced trading techniques to the table.
Cook Protocol aims to become a platform that matches a wide range of investors’
and fund managers’ needs while remaining trustless and transparent.
COOK Token
Token Allocation
10 billion COOK tokens will be minted at genesis. The token allocation is as follows:
60% to the COOK community treasury with a six-year vesting schedule.
6,000,000,000 COOK
10% to community incentive & Airdrop. 1,000,000,000 COOK
10% to early community investors with a price-based and time-based
unlocking schedule. 1,000,000,000 COOK
10% to business and media partners. 1,000,000,000 COOK
10% to team members, advisors and future employees with a price-based
unlocking schedule after 90 days cliff. 1,000,000,000 COOK.
Roadmap
TEAM
Adrian Peng, Chief Executive Officer
Cage Chen, Chief Technology Officer
Michael Bader, Chief Financial Officer
Ace Yin, Chief Operating Officer
Matias Dominguez, Chief Marketing Officer
Antonio Wong, VP of Blockchain Development
Rahul Rodrigues, Chief Architect
For more information:
WEBSITE: https://www.cook.finance/?utm_source=bitcointalk&utm_medium=bounty&utm_campaign=bounty_phase_1
WHITEPAPER: https://www.cook.finance/whitepaper/?utm_source=bitcointalk&utm_medium=bounty&utm_campaign=bounty_phase_1
TELEGRAM: https://t.me/cook_english
TWITTER: https://twitter.com/cook_finance
LINKEDIN: https://www.linkedin.com/company/cook-finanace/
REDDIT: https://www.reddit.com/r/CookProtocol/
YOUTUBE: https://www.youtube.com/channel/UCGiAQqspfq9LE0XgFlywN7w/
AUTHOR:
sultan1984
https://bitcointalk.org/index.php?action=profile;u=2053255
ETH: 0xe0D843e18Df2861E8c3Aa74F51b0FA2EFE1b63c8
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