What is Hooked Protocol? Learn about the 29th Binance Launchpad project

What is Hooked Protocol?

What is Hooked Protocol?  Learn about the 29th Binance Launchpad project

Hooked Protocol provides the right Learn & Earn products and integrated infrastructure for users and businesses to enter the new world of Web3 .

Hooked has launched an experimental Quiz-to-Earn product called Wild Cash in Indonesia and Brazil, which now has over 2 million monthly active users.

The app is packed with gamified learning features and achieves exponential growth with a built-in social referral mechanism.

The project believes that through gamified learning experiences and by returning economic value to users, massive transformation on Web3.

With a rapidly growing community, Hooked Protocol is building an integrated infrastructure to help more businesses thrive on Web3, creating a community-owned economic ecosystem.

Main highlights of the project

The rapidly growing community to showcase Web3: Hooked is building a user-facing product suite with compelling offers and gamified experiences for new users. Currently the ecosystem has over 2 million monthly active users.

First Web3 App to Dominate Google Play Rankings: First Connected Dapp that adopted the innovative Quiz-to-Earn engine, achieving impressive user growth in Indonesia.

Innovative Educational Methods: An In-App Gamified Learning Experience & Hooked Academy provides a visual flowchart for educating web3 users. Hooked will continue to launch more educational initiatives to promote widespread use by users.

Social Graph Expansion: Highly leveraged connected community formation with social referrals. User can set up and monetize new web3 social graph just by sharing.

Integrated solutions for businesses: Connected plans to provide seamless web3 integration solutions for businesses with integrated infrastructure.

Products available

Hooked Protocol has launched its first test Dapp, Wild Cash, with the goal of becoming the Web3 community portal in emerging markets. Immediately after its launch, Wild Cash became the first and only Web3 app to ever dominate the Google Play rankings for 9 consecutive days in Indonesia, with over 2 million monthly active users.

What is Hooked Protocol?  Learn about the 29th Binance Launchpad project

Here is a list of product features currently available in the app:

  • Quiz to Earn: Users can start an immersive Web3 learning experience while earning their first token prize.
  • POWT (Proof of Work & Time): An outstanding game to incentivize users to contribute effort and time in the platform, through the classic Proof of -Of-Work mechanism.

What is Hooked Protocol?  Learn about the 29th Binance Launchpad project

  • Social Referral: Users can set up their own web3 social graph by simple sharing; also earn strong monetary benefits with their social connections.
  • Stake & Swap: Users can own and store crypto assets in the wallet, then conduct their first crypto stake & swap.

What is Hooked Protocol?  Learn about the 29th Binance Launchpad project

Roadmap of the project

  • Quarter 4, 2022:

Product and user growth: Global market expansion, launch of Quiz to Earn experience in more regions.

Infrastructure: Work with Layer 1 infrastructure on scaling solutions to facilitate strong user growth.

  • H1 2023:

Community: More gamified learning experiences in the rapidly growing Hooked community.

Ecosystem: Continually collaborate and collaborate with more web3 projects, delivering applications to build on Hooked Protocol.

Infrastructure: integrated wallet solution for Hooked community users.

  • H2 2023:

Community: Become one of the largest Web3 pathfinder communities.

Governance: Explore the DAO-style governance structure for Hooked Protocol.

Ecosystem: Launch more diverse applications that leverage connected ecosystem infrastructure.

Infrastructure: Application middleware solutions (wallet, DID, etc) for ecosystem developers launched with early adoption benefits.

Details of the project's Tokenomics

Token sale

The project is sold on Binance Launchpad . Details of the HOOK . token sale

Token Name HOOK
Token Type BEP-20 on BNB Chain
Total Token Supply 500,000,000 HOOK
Private Sale Allocation 100,000,000 HOOK
Private Sale Token Price 0.06 USD to 0.12 USD / HOOK
Private Sale Amount Raised ~6,000,000 USD
Binance Launchpad Sale Allocation 25,000,000 HOOK
Binance Launchpad Sale Price 0.10 USD / HOOK
Binance Launchpad Amount to be Raised 2,500,000 USD
Initial Cycle. Supply When Listed on Binance 50,000,000 HOOK (10.00%)

Token Allocation

Token Name HOOK
Private Sale 20.00% of the total token supply
Binance Launchpad Sale 5.00% of the total token supply
Team 20.00% of the total token supply
Ecosystem/ Treasury 30.00% of the total token supply
Community 25.00% of the total token supply

What is Hooked Protocol?  Learn about the 29th Binance Launchpad project

HOOK's release schedule 

What is Hooked Protocol?  Learn about the 29th Binance Launchpad project

Token Overview & Usecase 

HOOK is the governance token of the ecosystem, designed to capture value flowing on the Hooked platform.

  • Governance Platform Token for the Hooked Ecosystem
  • Access for exclusive and privileged NFTs of community events
  • HOOKs used for some in-app purchases (game engines, secret boxes, etc.) will be burned to reduce the overall supply.
  • Used as future gas token for Connected Application Aggregation Infrastructure
  • Staking rewards program tied to platform profitability and lock time

Development team

Jason Y: Founder

Over 10 years of experience in growth strategy and consumer internet, built multiple products with over 100 million users. Former Uber and Meta.

Mike Y: chief technology officer

Solid expertise in consumer product development and large-scale financial services engineering.

Jess L: CMO

Rich experience in marketing, strategy and business development, having previously worked at leading technology companies in Silicon Valley. Former Uber and Google.

summary

Hooked Protocol, innovated and rooted to revolutionize, grow Web3 applications, is aiming to empower everyone with no prior experience to access, earn and own a piece of cryptocurrency . Enable and accelerate the streamlined Web3 transition of developers and applications. In addition, forming a vibrant community with high scalability and interactivity, leveraging decentralized social networking and viral development.

The partnership between Hooked Protocol and BNB Chain is a long-term commitment to push the Hooked community to explore the BNB Chain ecosystem with compelling benefits and diverse experiences.



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