_{image source: Cook protocol whitepaper}

Introduction

The world's asset management market size is very large, with the combined market capitalization exceeding $1485 Trillion. This shows the enormous wealth of investment resources and opportunities but these opportunities are largely limited to only a small percentage of the global population.

The present centralized landscape of global finance makes it difficult and almost impossible for ordinary investors to benefit from these systems. Professional asset management of wealth is very expensive.

Large hedge funds and asset management companies lack full transparency with their investment methods and are only to people with huge financial resources.

This has left behind a lot of people who will also like to benefit from the wealth of resources available.

There is a pressing need for a new system that allows ordinary investors to benefit from professional asset and wealth management but in a secure, trustless, and transparent way.

Cook Protocol is that revolutionary system.

COOK Protocol

Cook protocol is a decentralized blockchain-based financial ecosystem that provides for the average person professional asset and wealth management services in a safe secure and transparent manner through the use of blockchain and smart contracts.

With cook protocol, professional asset managers have access to funds and a vast diversity of investment tools to properly manage investments and serve investors better.

Blockchain technology provides solutions to a lot of existing wall life problems we have today, and it has played a big role in the world's financial ecosystem since its invention. However, blockchain technology hasn't been fully utilized to its potentials in the area of decentralized finance (DEFI).

At the time of this writing, the cryptocurrency market cap is roughly valued at just above $1.7 Trillion and DeFi projects account for less than $50 billion. This is a big improvement when compared to around $16 billion at the end of 2020.

The DeFi projects may be growing in capitalization, but are still young as regards real applications and only a few DeFi projects have been able to live up to their expectations so far because of their complexity.

Blockchain projects, while technically complex should be made very user-friendly if they are really going to disrupt the world's financial structure in the manner that we desire, this is why cook protocol is such an amazing project.

How It Works

A fund manager defines their investment strategies using a smart contract and the DeFi protocols allowed on the Cook Protocol platform. This allows investor whose strategies matches that of the fund manager to invest their funds using the platform's COOK tokens.

When an investor invests they are awarded by the platform and ERC 20 ck token, this token will hold the corresponding value of their investment. This ck token also equates to a proportional value of that particular investment fund. That is when profit is made it will be shared between all parties on the percentage of the ck tokens that they hold which represents their percentage share in the fund.

These ck tokens can be divested at any time to redeem the equivalent value of the asset.

The Investment Fund is governed by a smart contract and that smart contract is governed by a Fund governance smart contract which is responsible for granting permissions to update a smart contract's investment protocol at any given time.

This makes the investment model fully transparent, safe, and trustless.


image source: Cook protocol whitepaper

image source: Cook protocol whitepaper

Token Sale Information

Cook protocol already concluded its presale phase and has scheduled the UNISWAP listing of their COOK tokens for march 2021 in line with their Roadmap.

The name of the cook protocol's platform token is "COOK". it is an ethereum blockchain based ERC-20 token which will have a maximum supply of 10,000,000,000 tokens.

You can get your tokens as soon as it is listed on Uniswap decentralized exchange.

COOK Protocol Project Contact Information

Website: https://www.cook.finance/

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

Author's Information

BTT Username: Motun01

Profile Link: https://bitcointalk.org/index.php?action=profile;u=2329008

Proof Of Authentication: https://bitcointalk.org/index.php?topic=5312950.msg56396995#msg56396995

ERC 20 ETH Address: 0x3db9E8a4015F443948D82547E09D32155b4A450f