Jack Tan, co-founder and CEO of WOO, shared his vision for the WOO ecosystem and future outlook for the cryptocurrency market in a recent interview. He stated that the goal of WOO is to become a decentralized CME, providing users with a fair and interesting trading environment. At present, WOO has launched various products such as CEX and DEX, and is integrating these functions into a super app to meet user needs.
For future development, he believes that AI will play an important role in DeFi, especially in personalized services and risk warning. He also pointed out that the complexity of DeFi and blockchain needs to be simplified through AI, ultimately driving the popularity of Web3.
When it comes to market trends, Jack Tan believes that free markets will evolve on their own and value will eventually return. He is optimistic about the long-term development of value coins and believes that the Meme coin craze is coming to an end. In addition, he expressed optimism about the potential of the Asia Pacific market, believing that if Hong Kong further relaxes its policies, it will occupy a more important position in the global cryptocurrency ecosystem.
For beginners in encryption, he suggests gradually understanding the market through learning and practice, while believing that the entry threshold will continue to decrease with the emergence of new products in the future.
Jack Tan mentioned that the core competitiveness of the WOO ecosystem lies in research driven and user experience optimization. He revealed that the average daily trading volume of WOO X reached 500-600 million US dollars in the last quarter, while WOOFi was 100 million US dollars.
