DWF Labs partners publicly respond to doubts: We are not just market makers
DWF Labs' business scope includes market making, public relations and marketing, listing of spot and derivative products on platforms, business development and partnerships, as well as fundraising.Original author: Andrei Grachev, DWF Labs Managing Partner
Original compilation: czgsws, BlockBeats
On April 13, DWF Labs Managing Partner Andrei Grachev shared details about the operations of DWF Labs on social media to gradually respond to and explain some of the doubts in the market. BlockBeats has organized and compiled the content he published as follows:
The original text is as follows:
Today I want to talk about how DWF Labs supports our portfolio companies. I truly believe that simply investing and being a market maker is not enough if we cannot provide anything else. The vision of DWF Labs is to be a partner and friend to our portfolio companies and provide comprehensive support.
Market Making
Mainly includes three parts:
Market Depth ------ Adding more liquidity to the bids and asks on the trading platforms where tokens are listed.
Managing Spreads ------ Reducing the spread between the best bid and ask by adding more quotes around the midpoint in the order book.
Activating Markets ------ In cases where project market trading is inactive, we integrate trading pairs into our high-frequency trading system and run market-neutral aggressive strategies on the order book to facilitate organic trading activity.
Public Relations and Marketing
Public relations and marketing are the most powerful tools for advancing projects in the crypto market. DWF Labs provides all marketing support for projects, and we can act as an outsourced marketing agency (hint: our marketing department will soon establish an independent company). Compared to conventional agencies, we propose marketing plans based on market data and aggregated news feeds or market sentiment from media and social media.
Token Listing and Derivatives Market
The development of tokens requires support from more liquidity platforms and trading platforms. DWF Labs introduces projects to trading platforms and is committed to helping projects meet the requirements of trading platforms. In addition to the spot market, we also support derivatives in terms of liquidity, risk management, and token listing on trading platforms.
BD and Partnerships
Due to DWF Labs' extensive network of contacts and portfolio around the world, we are happy to introduce projects to create synergies. If a project wants to establish itself in a specific market, we can help them develop in Oceania, South Korea, Hong Kong, Europe, Dubai, and the Middle East and North Africa.
Fundraising
In addition to DWF Labs' own investments, we also help projects raise funds from our crypto-native fund network. This can be very important when a project needs appropriate support in a specific market and wishes to have a local partner.
P.S.
DWF Labs has seen many questions in the market regarding our regulation and issues such as "Why do we store tokens on trading platforms?" DWF Labs will soon release some clear responses to these types of questions. If you have your own trading network and financial skills, the most foolish thing to do while holding tokens is to leave them in a wallet and do nothing.
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About Andrei Grachev
DWF Labs Managing Partner Andrei Grachev previously worked at the e-commerce platform Ulmart, known as the "Russian JD," and entered the crypto market in 2017, founding an organization called Crypsis Blockchain Holding in Moscow. In May 2018, he joined the Russian Association of Crypto Economics, Artificial Intelligence, and Blockchain (RACIB) as Deputy Director of Trading, and in September 2018, he became CEO of Huobi Russia. He joined DWF Labs in December of the same year. (For more information about DWF Labs and its portfolio projects, please refer to the article previously published by BlockBeats titled “Who is DWF Labs, which frequently takes action? ‘VC + Market Maker’, investing in 5 projects monthly”.)
Additionally, Twitter user @nay_gmy pointed out that Andrei Grachev is associated with the $4 billion cryptocurrency Ponzi scheme OneCoin, which was previously reported by Russian media in 2019 here, but Andrei Grachev has not yet responded to this part.
