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Hooked Protocol is building the infrastructure for the mass adoption of Web3. It provides tailor-made learning and money-making products, as well as other infrastructure, for users and enterprises to enter the new world of Web3.
Its first product, "Wild Cash", featuring a "test and earn" experience and other gamified learning features, achieved impressive growth with over 2 million monthly active users.
Hooked Protocol adopts an innovative single token (HOOK) structure, supplemented by the utility token HGT (Hooked Gold Token) within the ecosystem.
HOOK is the governance token of the ecosystem, it has the following functions:
Governance token of the Hooked ecosystem
Access token for community events and exclusive NFT privileges
Used for certain in-app purchases HOOK (game tools, secret boxes, etc.) will be burned to reduce the overall token supply
Gas fee tokens for Hooked infrastructure in the future
Staking rewards program tied to the profitability of the platform p>
The Hooked protocol develops the community through tailored product experience, mainstream marketing, and web3 education, while providing infrastructure for the development of enterprise web3. Its mission is to form an attractive community-owned ecosystem.
Web3 Community Entrance: Various incentive mechanisms, easy-to-use wallets and decentralized identities for users have been established.
Gamified Learning Experience: A simplified educational system that combines immersive (experience-based) and inquiry-based (curiosity-based) learning experiences.
Gamified learning experience to teach web3 concepts
Web3 simulation experience that enables users to participate in popular areas of cryptocurrency such as NFT and GameFi
Innovative learning experience through short videos in a fun and engaging way
Application infrastructure: Infrastructure integration, bringing more applications and businesses into the web3 and Hooked ecosystem.
Hooked Protocol has raised about $6 million from two rounds of token sales earlier this year, with FDV ranging from $30 million to $60 million. 20% of tokens are allocated to primary market investors.