COOK PROTOCOL; TRANSFORMATIVE Breakthrough FOR FUND MANAGEMENT SERVICE Focused ON DEFI NETWORK

5 min readFeb 12, 2021

I will announce the lucky breakthrough in this article that will change the whole environment of the system of cryptocurrency. Read carefully and understand every bit,

Many individuals have begun investing their funds in the riches of cryptocurrencies following the advent of cryptocurrencies. Maybe, many people feel that investing in cryptocurrencies within a limited amount of time would make them a significant profit. This is clear in the Bitcoin price in 2009 since, for instance, if anyone bought bitcoin for a few dollars in 2009 and continues up until now, then he or she is now a billionaire. This is attributed to the fact that the growth of the crypto industry is very important, which makes global investors quite active in investing in their digital assets.

Therefore, in recent times, the new pioneers of blockchain-based solutions are searching for ways to grow their technology to a complete open process and over-simplified framework coupled with the challenge to have a trustworthy and scalable investment platform that will fulfill a broad variety of needs. This is why the Cook Protocol is designed for any crypto enthusiast, investors and traders around the world to enter the financial revolution by creating the best financial management tool. I want us to understand more about the COOK Protocol platform with this, and this will be explored in detail below;

What does the COOK Protocol look like?

After my detailed analysis on the meaning of the COOK protocol, I noticed that the COOK Protocol was developed as an Ethereum-based protocol with the purpose of offering asset management services to help link institutional investors with experienced fund managers. The explanation for this is because institutional investors are considered to have a number of risk tolerance-based investing choices, and risk-averse investors frequently choose passive strategies and index-based portfolios, thus dealing with a higher risk of tolerance for growth investors, which often allows them seek an active management system. This is why there is a need for experienced investment managers to help incorporate sophisticated fund distribution strategies in order to increase their earnings.

Therefore, the Cook Protocol is designed to provide diverse investment options for retail investors and is focused on risk exposure and the desired high rate of return. The investment funds at Cook Protocol are based on blockchain, which allows a decentralized framework with the exception of a third-party, just like the conventional wealth management platforms that are centralized structure. It is also good to know on this fantastic platform that each investment fund’s risk index and benefit details are measured on the basis of a completely open and trustworthy methodology, enabling investors to monitor the blockchain data.

Without any hesitation, and with the above clarification of the COOK Protocol, I would like to conclude that this platform has no competition, because no one has ever developed the kind of creativity that it brings to the planet.

Importance of COOK protocol

I would like to offer the sense or benefits below to better explain what the COOK Protocol entails:

The Cook Protocol, as described earlier, is built to allow fund managers to safely provide competent asset management services.

With COOK, an investment fund manager would be able to set up an investment fund and identify its overall investment policy, fee structure, asset class approval, and access limits for each of the markets included in the whitelisted money.

It encourages funds to be pooled by institutional investors through a smart contract that can be deployed on a strategy-based basis by the investment manager, regardless though it is a basic index fund or nuanced active management or several financial commodity sources.

While any trade on the website is rendered clear by the COOK protocol, the ultimate acquisition policy remains open to outsiders to safeguard intellectual property and promote creativity.

A few of the various features of the COOK protocol are mentioned below:

Security & transparency: it is founded on smart contracts that guarantee funding security and knowledge transparency.

User-friendly UI: Users would be able to navigate through pages or discover the DeFi environment thanks to its user-friendly features.

Investment range: It is filled with many forms of assets that investors may choose to invest in.

Technical trading software: utilizing the latest tools that fund managers use to implement their investing strategies.

IP security: it would surely be the IP of the client, so there is no need for open source investment strategies.

Lower setup fees: The COOK protocol includes a low fee prerequisite for beginning fund management and collecting capital from investors.

Token for COOK Protocol (COOK)

Just like COOK Protocol has its network-based token named COOK on other cryptocurrency networks, it is a token backed by the Ethereum blockchain and is designed to bind institutional investors to professional investment managers.

This token is used to offer a broad variety of investment management options to institutional investors offered by a large range of seasoned fund managers, meaning that investors may not have to understand the dynamic concepts behind the DeFi train. The Token is the operating fuel for the consumers of the application to move through the COOK protocol network ecosystem.

Meanwhile, the Cook Protocol platform team releases the COOK token with two features, which are payment and governance. The usage of governance tokens signifies the fact that it would enable users to add to the platform’s governance. COOK tokens may also be used as payment for fees, utilities, by people all over the network, etc., since it can be used by payment methods.

Completion

To put your attention to this great breakthrough, in my best view, which will be a complete revolution for the cryptocurrency business and an ultimate life changer for all investors. I would like to end this article by explicitly mentioning what consumers are going to love.

Therefore, it is not necessary for investors to have technical experience to get started on the Cook Protocol, all users only need to learn few simple stuff about the platform, and investors would automatically be given access to high-quality wealth management services. In addition, users would only need to pick the relevant investing strategies and submit their cryptocurrencies to the appropriate smart contract, which is quite easy and straightforward.

I would like to give my sincere advice and recommendation to investors who would like to use a fund management service to use the COOK protocol to analyze how fund managers should build portfolios, customize investment strategies to draw investors, and use the resources offered by the Cook Protocol to execute investment strategies.

For More Detailed Informations , Visit:

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/

Youtube: https://www.youtube.com/channel/UCGiAQqspfq9LE0XgFlywN7w/

Authorship Details:-

Telegram:- @Gihan990