A monthly WOO Network roundup: November 2021

A monthly WOO Network roundup: November 2021

November saw WOO Network headlining crypto news, following the announcement of a $30M Series A funding round, as well as a spot and futures listing on leading exchange Bybit.

WOO Network was trending all over crypto news in November, after the completion and announcement of a Series A funding round. The Series A round totaled over $30 Million and boasted familiar names such as Three Arrows Capital, QCP Capital, PSV, Gate Ventures, and Crypto.com Capital. The WOO vision is larger and more attainable than ever thanks to this larger group of strategic backers joining WOO Network on a journey to mass adoption.

The WOO token is now available on leading exchange Bybit! Alongside a listing of both spot and futures for WOO/USDT, the crypto community got to enjoy a $1.7M launchpool, giving stake-to-earn opportunities and all sorts of rewarding challenges.

WOO X

More coins than ever! WOO X added ROOK, BOBA, ENS, AURORA, YGG, and BIT to the arsenal, so you can trade more of the coins you love without paying fees.

WOO Network supported the airdrop of Boba Network’s new token BOBA, which was airdropped to OMG holders on WOO X. BOBA was also listed on WOO X and the entire institutional network alongside the airdrop.

More networks, more options. WOO X expanded it’s support for Binance Smart Chain, allowing users to now deposit and withdraw BTC, ETH, DOGE, SHIB, and DODO directly via BSC.

Always improving! The WOO X team is constantly looking to optimize user experience on WOO X, now bringing down the verification time for Tier 1 KYC to approximately sub-5 minutes.

Wen futures? The WOO X team continues to develop a futures platform on WOO X, putting it through rigorous testing to embody all the best aspects of WOO X in the product: zero-fee trading, deep liquidity, customizable UI, and a seamless spot, margin, and futures layout.

Wen Android? Alongside developing futures and all our great products, the team has been hard at work getting WOO X mobile-ready for Android, on track for release in December.

WOOFi

November saw the integration of our first WOOFi Swap aggregator, OpenOcean, able to bring WOOFi’s deep liquidity further into DeFi.

More wallets for WOOFi! BitKeep Wallet is now integrated on WOOFi Swap.

The WOOFi team is keeping busy, working on brining users more great features on the DEX with the smartest liquidity and lowest fees.

The WOO Token

The WOO token comes to Bybit! Leading exchange Bybit has listed WOO/USDT for both spot and futures trading. Alongside the listing was a Bybit launchpool special, with $1.7M in rewards were up for grabs — including a ‘Stake and earn’ pool, which passed $300M in Total Value Locked!

The monthly WOO burn for October was executed at the start of November, seeing 156,722 WOO tokens brought back from the open market and burned, forever removing them from the circulating supply.

Community

KeeperDAO and WOO Network team up! This month KeeperDAO announced the beginning of their symbiotic relationship with WOO Network, as the two begin a journey of cooperation.

WOO NFTs! WOO Network released 100 unique NFTs, that were available to win through trading challenges on WOO X and WOOFi, as well as social media challenges across the WOO socials. Winners can claim their NFTs on Project Galaxy. The NFT collection is now live to trade on Opensea, and each NFT is exchangeable for a unique 1 of 1 hoodie. Click here to see the collection.

The community got to ask away in Wootopia Vol 5, which took place at the end of the month. Familiar hosts Marketing VP Ben Yorke and Marketing Associate Julia Bulakh were joined by Head of Ecosystem Ran Yi, and two new WOO faces, Keving Feng and Mitchell Williams. The community got to hear about all things WOO, present and future, with each guest going into detail about their respective areas of expertise.

The WOO Network Twitter passed 50,000 followers! A huge milestone that can be celebrated by both the team and the community. The road to 100,000 Wooriors gets shorter every day.

WOO Network joins the Forklog HUB, a trusted Russian-speaking tech and crypto community.

Stay tuned for all WOO Network’s exciting developments in December!

The content above is neither a recommendation for investment and trading strategies nor does it constitute an offer, solicitation, or recommendation of any product or service. The content is for informational sharing purposes only. Anyone who makes or changes the investment decision based on the content shall undertake the result or loss by himself/herself.

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