Cook Protocol Receives Investment from DuckDAO
Since the very start, we have been strong proponents of everything decentralized. Even when it comes to raising funds to further the initiatives of Cook Protocol, we prefer decentralized means over centralized ones.
It is because of this reason we partnered with DuckDAO, the community-backed digital asset incubator. DuckDAO has thousands of dedicated individuals from across the globe who are committed to the long-term success of incubated projects. DuckDAO has attained immense popularity due to its unique approach in helping crypto projects tread towards success.
We are extremely delighted to announce that DuckDAO is investing in our project. It is an honor to be trusted and backed by one of the most eminent community-backed incubators.
This reflects DuckDAO’s trust in the completely decentralized cross-chain asset management platform that we are building for investors and professional asset managers to unlock an entirely new universe of DeFi innovations.
“We are extremely proud to have DuckDAO as our partner and our investor,” said Adrian Peng, the CEO of Cook Protocol. “The entire Cook Protocol team is grateful to DuckDAO members for believing in our potential and backing our project. We now look forward to using the funding to further develop Cook protocol to offer unmatched services and position the platform as one of the best in the entire crypto industry.”
DuckDAO is a digital asset incubator that provides promising early-stage crypto startups with the expertise, financial resources, and marketing power needed to fast-track their progress on the path to success. The project aims to leverage the potential of community investments for early-stage funds rather than forcing projects to rely on venture capitalists. The vision is rather simple: ten thousand community members can support a project better than a single VC.
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About Cook Protocol
Cook Protocol is a decentralized cross-chain asset management platform enabling investors and professional asset managers to unlock the potential of DeFi innovations. The platform looks to tap into the rapidly growing crypto asset management market, which is currently valued at hundreds of billions of dollars. On the Cook Protocol platform, investors can select any of the wide range of investment options offered by fund managers. It provides investors with a sleek and straightforward interface and fund managers with powerful trading tools so they can maximize profits.
Follow the latest updates on Cook Protocol here: