Wowoo Exchange is a project which aims to contribute to maximising the liquidity within the token economy which shall become more mainstream in the world, inside the ecosystem of Wowoo.
As a concept, we intend to spread our exchanges throughout the world, mainly in Europe, SE Asia, and USA in the form of FC, PLP and JV. We also are looking into handling fiat currency and security tokens in our exchanges, and to combining KYC procedures of our exchanges and other Wowoo ICO projects.
Wowoo Exchange will originate from Singapore, a country not only known as the nation of finance and international hub, but also friendly to the development of blockchain and cryptocurrency. As of now, we are currently under consultation from the MAS and are under applying for the financial licenses. Our rigorous inspections and reviews on the compliance and security is in its final stage, and we currently are proceeding to set up our exchanges in Hong Kong, UK, USA and Latvia.
For the purpose of building a detailed structure and expanding our exchanges to wider areas to bring in local markets around the world, we are currently scheduled to conduct the public sale of Wowoo Exchange Token (WWX) in mid September, and aiming to release exchange service opening around the end of October, 2018.
Our project foundation building process is going very well, although it is taking some time as we must deal with different regulations around the world relating finance and cryptocurrency, and we do expect to update our website and whitepapers to release further information on the project within this month.