LONDON, UK / ACCESSWIRE / June 6, 2023 / This new project aims to reshape the financial markets education and social investing. With a goal to minimize losses in the financial markets and crypto trading, WuuTrade claims to found an approach to make social investing fun and interactive.
The overwhelming statistics of losses in the financial markets trading. The average losses ratio is 77%, meaning 77% of all traders globally lose their entire funds. Average daily liquidations on top crypto exchanges is always over $100M, everyday hundreds of millions are washed out. The WuuTrade team has done their own research and came up with their own ex facto perfect solution.
The project's team has been KYC passed by CoinSult, smart contract has been audited by SolidProof. WuuTrade is listed on Coinmarketcap, DappRadar, ICOHolder.
The aim is to get more users and start building the community, hence the token price at this stage is $0.008 which is sold at a 75% discount of the listing price. The listing is aimed on October 1, 2023 upon the Mainnet launch at $0.033 per WUUT, so it's 4x from current price to TGE price. Company already confirms the negotiations with several hedge funds and VCs, partnership finalisations with Seedify, Kommunitas, DaoMaker, Bitget, BingX and KuCoin.
The founder and the CEO of WuuTrade Mithat Tuncer Tuncel, who has been mentoring financial markets trading and has been an investor and trader for over 8 years, says: "For years I've been in this financial markets, the statistics don't change. I mentored over 100 professional traders and it was a pain for me to learn that some of them have lost their entire funds due to negligence in education, not completing the education and jumping into financial trading off the cuff."
WuuTrade is a seamless, matchless, industry unique social investing platform featuring a trading simulator, built on top of a large ecosystem merging gamification, education, trading and investing. The platform allows users to earn rewards while studying trading and investment, challenging against the AI or other users in trading simulations and real trading competitions.
There are several types of challenges. A user can challenge against an AI, against another user in a PvP battle, join any open Match room, create his own private room and challenge his friends, join Live Matches and Tournaments, establish teams and challenges with teams. While all PvP and PvAI have their own requirements, all challenges except tournaments and live matches require 1 energy tank, which, Tournaments and Live matches, on the other hand require passes which are $WUUT granted. Tournaments and daily matches are where traders globally challenge each other in trading. The system displays a random accelerated chart of the selected financial instrument and runs it on a simulation platform, where users start trading the chart and competing with each other to get the reward. The mechanism can take a random time frame of a financial instrument, say a price data of BTC of July 15 to July 21 of 2019 and run on a 3-minute timeframe of the game, so no-one can ever notice or predict the results. Each user will have a starting balance of $10,000 and his goal will be to drive up this initial balance by executing trades. To help users better engage, the platform has boosts which help each trader to identify the trend, these boosts are generally complex price action indicators.
Winners of Tournaments and Live Matches receive rewards as WuuNFTs, the platforms own NFT with a reward bound to its metadata, each platform's section has its own WuuNFT, TournamentNFT, Live Match NFT etc. To receive the reward, the user has to attend matches, each match win gives the user a medal named Gem. The highest Gem holders by the quantity are selected as Winners by the system. These Winners get their WuuNFTs. WuuNFT has to be burned if a user wishes to unlock its reward instantly. However, to amp up the reward, you can use the Bench tool, collect different items and Craft a special NFT. These special NFTs have recipes, for instance to get 10,000 WUUT rewards and unlimited boosts and energies. Before the burn and claiming of the prize, a user can also trade his WuuNFT in WuuTrade's marketplace.
"We finally found a way to motivate users to learn more and be prepared for real trading. Challenge always tests a challenger and drives him to become a better, stronger and smarter version of himself" - says WuuTrade's CEO, Mithat Tuncer Tuncel, - "After a losing a marathon, an athlete trains and trains harder until the next World Series to win, same here."- added Mithat.
The platform's mainscreen has a user's open profile, which displays users statistics, a leaderboard, tournaments and other matches, and a chat room.
Each user will have a public profile showcasing the user's statistics, achievements, level, team, links to social networks. In this case, if anyone says that he is good at trading, ask him for his WuuTrade profile and let the numbers convince you.
The team also aims to build an order routing system, where users will be able to connect to their exchanges and send orders. This will make WuuTrade a benchmark of a social investing platform, which follows a trader from his first steps in education and build-ups up until his first steps in real trading.
The best part about it is that WuuTrade is completely free, there is no pay to take your first step into the financial markets or crypto trading.
The project is now in a presale and all $WUUT purchasers will be whitelisted to WuuTrade's Tesnet to be the first to check out the platform, battle and win. The team states that all rewards won in the Tested will be transferred to Mainnet automatically while purchased coins will remain intact. For that being said, if you buy 1000 $WUUT and battle in the testnet and win another 1000 $WUUT in the Mainnet you will get 2000 $WUUT in total.
Round up
WuuTrade is built to educate while maintaining the excitement of the gamification. All the challenges described in the platform are actually designed to enhance skills and motivate users to have a hand on the pulse.
WuuTrade will be one of the highest engaged spots for the trader's community. The solution provided by the project does solve several genuine concerns of the industry. It's just whether you will be the first seat ticket holder or a latecomer.
Media Contact Details:
Company Name: WuuTrade
Company Email: [email protected]
Contact Person Name: Mithat Tuncer Tuncel
SOURCE: WuuTrade