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WOO CEO's Outlook on the Future of the Crypto Market: The Importance of AI in DeFi and the End of the Meme Coin Craze

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#DeFi
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Feb 27, 2025

Jack Tan, the co-founder and CEO of WOO, shared his outlook on the WOO ecosystem and the future of the cryptocurrency market in an interview. He stated that WOO aims to become a decentralized CME, providing users with a fair and engaging trading environment. Currently, WOO has launched various products, such as CEX and DEX, and is integrating these features into a super app to meet user needs. Regarding future developments, he believes AI will play a crucial role in DeFi, especially in personalized services and risk warnings. He also pointed out that the complexities of DeFi and blockchain need to be simplified through AI, ultimately promoting the adoption of Web3. Discussing market trends, Jack Tan believes that the free market will evolve on its own, and value will eventually return. He holds an optimistic view on the long-term development of value coins and thinks that the hype around Meme coins is nearing its end. Furthermore, he is optimistic about the potential of the Asia-Pacific market, believing that if Hong Kong further relaxes its policies, it will occupy a more significant position in the global cryptocurrency ecosystem. For newcomers to cryptocurrency, he recommends gradually understanding the market through learning and practice, and believes that the entry barrier will continue to lower due to the emergence of new products. 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 on WOO X last quarter reached $500 million to $600 million, while WOOFi's average daily trading volume was $100 million.

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