The 2008 financial crisis was the major catalyst for the creation of cryptocurrency. The banks and other financial institutions failed people across the globe, and the government had to come to their aid at the cost of the citizens. This highlighted the weakness of the traditional financial system, where the fitness of our financial system is dependent on the banks and other financial institutions, which we trust to make crucial decision with our hard earned money. Most times they fail to be prudent with these responsibilities.

This made people demand for a modern financial system that is not controlled by the central authorities. This birthed Cryptocurrency (Bitcoin)

The major purpose of Bitcoin was to disrupt the traditional financial system, which it has done well for over a decade of its existence. But like every innovation, it could only get better with time.

Decentralized Finance (DEFI)

DeFi banked on the basic idea of Bitcoin, and developed it to create a true financial system that is capable of performing the functions of the traditional financial system, (like providing or receiving loans, earning interest, trading assets, etc) at a fast and efficient way, without the extra cost of employing staff and leasing or large paper works and third parties, since it is an automated peer to peer system that works on smart contracts.

DeFi possess the ability to disrupt the traditional financial system by creating an alternative that is free, fair and accessible to everyone (irrespective of your race, religion or sexuality).

What is Cook Protocol?

Cook protocol is a unique decentralized asset management project based on the Ethereum Blockchain with the purpose of providing investors and asset manager’s series of opportunities in the DeFi space.

Cook Protocol aims to connect various retail investors with different professional asset managers with different asset management portfolio (depending on the risk level). This gives the investors the authority to choose the type of investment they want based on their risk appetite. Investors with zero knowledge about DeFi do not need to worry about missing out, they just need to pick the investment strategy (low risk, low returns or high risk, high returns) they prefer and the cook platform will link their funds with the best asset management managers to manage their funds properly.

Advantages of Cook Protocol

Cook Protocol was created by the team based on the fact that everyone needs to have access to finance (unlike traditional finance). Therefore Cook Protocol aims to serve an underserved community of investors with access to decentralized finance.

Transparency: Cook Protocol is entirely transparent as all the investment funds are located on the Blockchain, which makes it super easy for investors to track their funds and related data on the Blockchain. The risk and reward information connected to different investment funds are clearly transparent and investors can make involved and conscious decision based on this information.

Investment Diversity: Cook Protocol offers access to varieties of investment index based on their risk/return appetite.

Innovative Trading Tools: Cook Protocol offers it users’ state of the art trading tools, which enables them to seamlessly access various financial market and Blockchain based trading tools.

Reduced Gas Fee: Cook protocol makes this possible by pooling assets together to one fund, which lets investors share the gas fee incurred during the investment activities.

Tokenometrics

Name: Cook Protocol

Token Symbol: COOK

Token Type: ERC-20

Total Token Supply: 10,000,000,000

Token Distribution

6,000,000,000 COOK; community treasury (six years vesting schedule)

1,000,000,000; community incentives and airdrop

1,000,000,000; early investors with price and time based unlocking schedule

1,000,000,000; for business and media partners