WOO COO Discusses Competitive Strategies and the Future of AI Technology

Recently, a cryptocurrency industry media outlet interviewed WOO's Chief Operating Officer, Willy. In the current environment of intense market competition, WOO has chosen to achieve differentiation through innovation. Particularly in its newly launched social trading product, unique features such as reverse copy trading have been introduced, aiming to provide users with more flexible risk management and profit distribution solutions. In addition, WOO has demonstrated its commitment to promoting healthy market development by adjusting its token economic model and improving liquidity solutions.

Willy emphasized that simplifying DeFi operations by integrating AI technology can enhance user experience, making it more acceptable. He believes that the fusion of AI and cryptocurrency should not remain merely a conceptual hype, but should become an important force in driving industry progress. However, he also pointed out that the issue of balancing centralization and decentralization when AI combines with the crypto world will be a significant challenge in the future.

In introducing WOO's business, Willy stated that WOO has two main products: the centralized exchange WOO X and the decentralized exchange WOOFi. The combined daily trading volume of the two platforms is approximately between $700 million and $1 billion. WOO X focuses on social trading and targets professional traders; WOOFi, on the other hand, focuses on cross-chain swaps and currently supports 11 EVM chains, with support for Solana coming soon.

When talking about the recently launched social trading product, Willy explained that it is based on an in-depth analysis of user pain points. They found that under the traditional model, signal providers face immense pressure to maintain good performance 24/7. Meanwhile, followers lack flexibility and can only passively follow. To address this, WOO has introduced the "reverse copy trading" feature, giving users more autonomy. Additionally, the platform also offers risk control and a fair profit-sharing mechanism to enhance the user experience.

Regarding the adjustment of the token economic model, Willy stated that it is aimed at reducing the inflation rate, which is expected to drop below 4% by 2025. He emphasized that WOO focuses on the fundamentals and revenue of the project, hoping to convey a clear message to the community through these measures.

In terms of liquidity, WOO has partnered with more than half of the top 15 market makers. They have made numerous technical optimizations on WOOFi, such as supporting multi-chain SPMM and deep collaboration with Orderly. Willy believes that the social trading feature will also bring better liquidity growth to the platform.

Looking to the future, Willy is optimistic about the three major sectors of DeFi, AI, and Social. He particularly emphasizes that AI technology has the potential to simplify cryptocurrency operations and lower the entry barriers. However, he also mentions that the combination of AI and cryptocurrency may face controversies between centralization and decentralization.

In the social field, Willy proposed an interesting perspective. He believes that the future form of social interaction may be based on interactions between AI agents, where each person might have multiple trading-capable AI agents, and the interactions among these agents will create a new social ecology.

Finally, when discussing the market outlook, Willy stated that the quality of the market ultimately depends on technological innovation and the enhancement of product experience. He believes that the current "homogeneous competition" in the market will drive all parties to pursue differentiation and optimization. If continuous technological and experiential innovations can be observed, the market is expected to achieve growth.