Towards The Simplification Of The Woorton Project

WOORTON: THE FIRST CRYPTOCURRENCY DEALER/MARKET MAKER.

WHO ARE MARKET DEALERS?

Market dealers are simply cryptocurrency market transaction creators. They are the market participants that actually buy and sell a specific token at various prices and at various times depending on their risk likeness and risk aversion level. Market dealers can also be known as market takers or LIQUIDITY CONSUMERS

WHO ARE MARKET MAKERS?

Market makers are participants in any cryptocurrency market who determine the price of any token by placing orders-Both Buy and Sell orders. They are called market makers because they are the ones who determine(make) the price of a token. They can inflate the price of a token by placing high buy orders while sacrificing their resources in the process. They can also decide to deflate the price of a token by filling the high sell orders already placed through sacrificing their resources and in turn placing lower sell orders. It is the orders placed by market makers that the market dealers follow and fill because the market makers possess huge resources to drive the market volume. Market makers are also known as LIQUIDITY PROVIDERS

RELATIONSHIP BETWEEN THE MARKET DEALERS AND THE MARKET MAKERS

For a complete market to exist,the activities of the market makers must be complemented by that of the market dealers. In other words,placed orders must be filled for a complete market to exist. Most of the times,market makers also double as market takers because those who placed buy orders(makers) will eventually become buyers(dealers) when their orders are filled while those who placed sell orders(makers) will eventually become sellers(dealers) when their orders are filled. Moreso,market makers attract and eventually generate economic activities for market dealers. I mean to say buy orders attract and generate actual sale while sell orders also attract and generate actual purchase in as much as the market is a complete one.

MARKET DEALING ON THE WOORTON PROJECT

The project has placed a lower limit of 50,000 Euro on the actual buying and selling of the token they want to deal with. It can only execute that much trade(buying or selling) for a project that needs high liquidity under its platform with smooth and secure process. Woorton also has the ability to give an upfront price for any token volume with the major pairs:BTC,ETH,LTC,XRP,ETC and ZEC in seconds. Other pairs are available on request too.

MARKET MAKING ON WOORTON PROJECT

Woorton possesses in-house algorithms that can ensure liquidity for any token against the major pairs that reach an agreement with it. The project also has ability to help its clients strengthen its community. The most important aspect of Woorton’s market making is its deep market analytic metrics that allow its clients to assess the quality of the services its provides.

THE PROBLEM

Most tokens bought into by investors during ICOs take forever to get listed and when eventually listed amidst high listing fee after enough community pressure,they suffer the pathology of LACK OF VOLUME which then depress the price of the token,hence,ICO Investors suffer lack of capital pay back not to talk about returns on their investment. This is a major drawback in the world of cryptocurrency because a good number of such genuine projects are categorised as scam projects and their tokens are termed shit tokens because they do not understand how to generate liquidity for their tokens. Because of this ineptitude,countries like The US and China have placed a ban On ICOs for their citizens.

WOORTON’S SOLUTION:-ITS USE CASE

Woorton is dedicated to manage the liquidity(volume) of its clients’ tokens in order to ensure fair price for the promoters,team,community and investors. Woorton will achieve this through the following

• INCREASING NETWORK EFFECT: The project will adopt network marketing strategy to help spread the news,hence create high volume for the token.
• LISTING ON MORE EXCHANGES: In order to spread the news the more,Woorton will help get its clients’ tokens listed on major exchanges and various others.
• STABILIZING MARKET CAPITALISATION:The high volatility witnessed in cryptocurrency market is due to unmanaged market capitalisation. This would be achieved through strategic market making.
• ATTRACTING MORE ACTIVE INVESTORS:The liquidity of a token can be increased when the investor base of the token is increased. Investors will be attracted to a project when they are being given incentives and assured high return on investment.
• ATTRACTING DAILY TRADERS:Daily traders and scalpers are some of the major drivers of liquidity of a token. Woorton Plans to give incentives to daily traders and scalpers to encourage them to include its clients’ tokens in their daily trading strategy in order to drive liquidity for the token.
• EXECUTING SMOOTH AND LARGER TRADES:Woorton is poised to help its clients execute large trades that will drive market volume smoothly. These solutions will be provided according to the idiosyncrasies of each client and its token needs after enough token analysis. It will emphasize volume and bid-ask spread(difference between best buy order and best sell order). At Woorton,deep empirical analysis coupled with the adjustment of it’s aggressive algorithms to its clients’ special need is a pride.
• For more information on the Woorton Project visit www.woorton.com