$0.007800

Hooked Protocol is a Web3 platform that combines education and entertainment to introduce newcomers to the decentralized web. It offers gamified and social learning experiences designed to make onboarding intuitive and engaging. The project focuses on three main areas: infrastructure, an academy, and an ecosystem. Currently, it has launched three applications: Wild Cash, a quiz-based learning tool with over three million monthly active users; ToDaMoon, a live streaming platform with one million total competition participants; and Hooked Academy Sensei, an AI-powered learning assistant with more than one hundred thousand registered learners. Hooked is also building infrastructure to support developers and forming partnerships to drive adoption. Its tokenomics uses a single token, HOOK, to align incentives.

Hooked Protocol was founded by Jason Y., who serves as the Founder, along with Mike Y. as the Chief Technology Officer and Jess L. as the Chief Marketing Officer. Jason has a decade of experience in growth strategy and consumer internet, having worked at companies like Uber and Meta. Mike is an engineer with a background in large-scale financial services and consumer product development. Jess has experience in marketing, strategy, and business development from leading technology organizations in Silicon Valley, including Uber and Google.

Hooked Protocol differentiates itself by offering a set of tools that simplify Web3 adoption for everyday users. These include a Hooked Soulbound Token, a non-transferable digital passport; a Hooked Wallet for managing assets; and on-chain data storage on the BNB Chain. Unlike other social-fi products, Hooked focuses on making Web3 accessible and enjoyable for Web2 users through gamified learning and social referrals. It also provides onboarding solutions for businesses and integrates education with entertainment to create a seamless experience.

HOOK is the native BEP-20 token of Hooked Protocol, deployed on the BNB Chain with a total supply of 500 million tokens. The distribution is as follows: 30% to ecosystem and treasury, 25% to the community, 20% to the team and advisors, 20% to private sale, and 5% to community sale via Binance Launchpad. The token sale occurred from November 24 to December 1, 2022. HOOK holders can use the token for governance voting, paying gas fees, accessing exclusive events and NFTs, and purchasing in-game items. Staking rewards are also paid in HOOK.

Hooked Protocol operates as a BEP-20 token on the BNB Chain, which means its security is derived from the BNB Chain's underlying consensus mechanism. This provides a robust and reliable network for transactions and smart contracts, ensuring the integrity of the Hooked ecosystem.

HOOK serves multiple purposes within the Hooked ecosystem. It is primarily used for community governance, allowing holders to vote on proposals. It also acts as the gas token for on-chain activities and for future rollup infrastructure. Additionally, HOOK provides access to exclusive NFTs and community events, and it is used for staking incentives. In the long term, it will support innovations that benefit the ecosystem's growth and sustainability.

Hooked Protocol (HOOK) is available on several cryptocurrency exchanges, including Binance, Gate.io, Bybit, Bitget, LBank, MEXC, BitMart, NovaDAX, Bitrue, Hotcoin Global, Mandala Exchange, CoinW, BingX, and ZT.