Onooks

OOKS Price

What Is Onooks (OOKS)?

Onooks (OOKS) advocates for building an integrated and interoperable open finance and monetary protocol matrix serving as a unified liquidity pool and back-bone infrastructure for DeFi and open finance applications.

Onooks Vision

It is fairly simple and direct – we aim to bring together a community of people who are upset with the fact that real estate is an asset class that has been reserved for people with huge valuation.

And that is the biggest problem – why should the benefit of this consistently growing asset class be reserved to only a few wealthy people?

Our purpose is to defeat exactly that problem and gradually disrupt the traditional financial structures – to create a system that is infallible.

How do blockchain and real estate work?

We are already aware of the fact that blockchain technology has completely disrupted traditional financial structures, and we are now at a stage where companies are slowly moving towards cryptocurrencies!

That impact has been on payments, remittances, and even foreign exchange. The way peer-to-peer networks work has been changed completely – obviously for the benefit of common people like us. Blockchain is even revolutionizing the food supply industry and is enhancing and removing errors in the overall supply chain management systems!

Here are some benefits of using blockchain for real estate:

⦁ Assets that were reserved for traditional investing can now be tokenized

⦁ The process of selling/buying real estate or a fraction of it becomes very easy

⦁ Because the process gets automated, intermediary costs are nil

⦁ Tokenization ensures global access to assets

These are just some of the benefits that we reap while putting real estate on blockchain. To show that we are not just making it up, here is an example of an apartment that was actually sold as NFT on the Ethereum blockchain.

Way back in 2017, TechCrunch’s founder Michael Arrington paid roughly $60,000 to a company called Propy in the cryptocurrency Ethereum to buy a house near the Dnieper River. When WSJ reported that story, their headline only reflected the sense of awe that they were feeling towards what had just happened. A house was sold entirely online, and the payment was in a cryptocurrency (Ether). Do you think this was crazy?

Devon Bernard, a high-performing tech entrepreneur from California bought that same property from the Delaware-based LLC (through which Arrington originally bought the property) a few weeks ago in a first real estate NFT auction for 36 ETH (approx. $93,000). Propy has been leading the blockchain revolution by opening doors to a connection between real estate and cryptocurrencies – something that traditional investors are very sceptical about.

And this is, as they often say with cryptocurrencies, just a beginning.

OOKS Project Implementation

Phase 1

Onooks will be rolled out in two major phases. Phase 1 will be the giveaway phase where the tokens will be distributed to our team and the people involved in the process of development in form of giveaways, airdrops, etc.

Phase 2

Phase 2 will be the major bridging event that will connect the tokens to real-world assets once the legal and regulatory framework is completed.

Onooks Team

The team behind Onooks is a community of software engineers, corporate finance professionals, and people from the blockchain industry whos aim is to continue their effort in delivering solutions for real world problem solving.

More information can be found at the Official Website.

Where can you buy Onooks?

OOKS tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Onooks is Uniswap V2 (Ethereum), where the most active trading pair OOKS/WETH has a trading volume of $4.04 in the last 24 hours.

What is the daily trading volume of Onooks (OOKS)?

The trading volume of Onooks (OOKS) is $4.00 in the last 24 hours, representing a 0.00% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Onooks (OOKS)?

Onooks (OOKS) reached an all-time high of BTC0.00003316 and an all-time low of BTC0.0₆6425. It’s now trading -92.00% below that peak and 300.80% above its lowest price.

What is the market cap of Onooks (OOKS)?

Market capitalization of Onooks (OOKS) is BTC20.0679 and is ranked #2825 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of OOKS tokens (11 Million tokens are tradable on the market today).

What is the fully diluted valuation of Onooks (OOKS)?

The fully diluted valuation (FDV) of Onooks (OOKS) is BTC21.4599. This is a statistical representation of the maximum market cap, assuming the maximum number of 12 Million OOKS tokens are in circulation today. Depending on how the emission schedule of OOKS tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Onooks compare against its peers?

With a price increase of 0.00% in the last 7 days, Onooks (OOKS) is outperforming the global cryptocurrency market which is down -2.00%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.

How to add Onooks (OOKS) to MetaMask?

Adding Onooks (OOKS) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import OOKS as a token. You can copy OOKS’s contract address (0x69d9905b2e5f6f5433212b7f3c954433f23c1572) and import it manually, or if you've installed MetaMask's chrome extension, add OOKS to MetaMask with one click on CoinGecko.

Add OOKS to MetaMask.