Hooked Protocol precioHOOK $1.47

The Hooked Protocol team consists of three key people: Jason Y. (Founder), Mike Y. (CTO) and Jess L. (CMO).

Jason Y has 10 years experience in growth strategy and consumer internet at Uber and Meta; Mike Y is an engineer with a background in large-scale financial services and consumer product development; Jess L. has experience in Silicon Valley's leading technology organizations (including Uber and Google), and she specializes in marketing, strategy and business development.

Hooked, launched through the Binance Launchpad and is backed by Binance and Sequoia.

Its pilot DApp, called Wild Cash, offers gamified learn-to-earn services. The DApp’s 3 million monthly users earn currency by completing quizzes, and can obtain soul-bound tokens linked to their IRL identity. The idea is to draw more people into Web3 through a gamified experience by having them watch videos, engage with an AI mentor companion, and play with a Web3 emulation experience, which lets them explore the NFT and GameFI sectors.

The Hooked Protocol app offers the following features: The Gateway for Web3.0 onboarding, which is built with incentives, a gaming experience, an easy-to-use wallet with a simple interface, and a decentralized user identity; Dapps: the platform offers DApps which incorporate GameFi learning and Quiz-to-Earn. The platform’s pilot DApp was Wild Cash, which already has 3m+ users who receive rewards in crypto for completing quizzes and other activities; PoWT: a Proof-of-Work & Time mining game. The game uses the platform’s Proof-of-Work mechanism to incentivise users to contribute their time and energy in exchange for rewards; Stake & Swap: users can use the platform’s native wallet to store, stake, swap, and transfer their digital assets; Social Referral: users can earn rewards by referring the platform to their own network.

$HOOK is Hooked’s native cryptocurrency; it’s used to govern the Hooked Protocol. The HOOK token is deployed on the BNB Chain and has a total supply of 500,000,000 coins, which are distributed as follows:

30% to Ecosystem / Treasury;

25% to the Community;

20% to the Team and Advisor.

20% to Private Sale;

5% to Community Sale (Binance Launchpad Sale);

The token sale started on November 24, 2022 and lasted until December 1, 2022 on the Binance Launchpad platform.

Hooked users can use $HOOK tokens to: Govern the platform via voting; Pay the network’s gas fees; Access exclusive events, perks and products, including NFTs; Buy in-game tools.

Additionally, users receive any staking rewards in HOOK tokens.

At the time of writing, Hooked Protocol (HOOK) is listed on a number of crypto exchanges, including Binance, Gate.io, Bybit, Bitget, LBank, MEXC, BitMart, NovaDAX, Bitrue, Hotcoin Global, Mandala Exchange, CoinW, BingX and ZT.

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