Hooked Protocol (HOOK) is the 29th venture launched on the Binance Launchpad platform. Today we discover about this venture with Coinlive!
What is Hooked Protocol?
Hooked protocol is a venture that presents Learn2Earn merchandise, as effectively as an integrated infrastructure for end users and firms to participate in the Webthree globe. Hooked Protocol’s initial merchandise, Wild Cash, a Quiz-to-Earn platform that presents a gamified working experience, attracted above two million neighborhood members.
Hooked protocol merchandise
Gamified studying
Hooked adopts an schooling process that combines immersive studying (working experience-based mostly) and studying (curiosity-based mostly), together with:
- Experience the pretend game by studying to talk Webthree ideas with the Wild Cash Quiz-to-Earn DApp.
- The Webthree emulated working experience lets end users to participate in locations this kind of as NFT and GameFi.
- Innovative written content consists of brief video clips from Hooked Academy, a neighborhood-founded DAO, to enrich the studying working experience and lessen users’ studying time in a additional entertaining way.
Classic Webthree mechanics
The Webthree engine is created in to educate end users during their journey with Hooked Protocol merchandise.
- Quizzes to earn: Users can achieve expertise about Webthree by quiz (quiz) and have the chance to acquire the symbolic prize of the venture.
- PoWT mining game (Proof of Work and Time): featured game to motivate end users to contribute energy and time to the platform, as a result of the Proof of Work mechanism.
- Social referral: Users can earn rewards by sharing and setting up their personal Webthree social graph.
- Bet and swap: Users can use Hooked Wallet to shop cryptographic assets and complete stake, swap and transfer transactions.
Web onboarding solutions3
Besides delivering many appealing offerings, Hooked presents end users with a total set of Webthree integration remedies to assistance their Webthree transition.
- Barbed Bonded Token (Hooked SBT): Acting as a one of a kind digital identity, Hooked lets its neighborhood members to participate in the Webthree realm with Hooked SBT, which is a one of a kind and practical function to enrich integrity and believe in between neighborhood members.
- Clipped wallet: The initial cryptocurrency wallet for most Hooked neighborhood members with a consumer-pleasant interface and infrastructure to shop Webthree assets and complete potential transactions.
- On-chain protocol interaction: Hooked outlets on-chain behavioral information by participating in all protocol interactions on the BNB chain, enabling in-depth behavioral examination and insights, and laying the basis for neighborhood setting up communities and ecosystems.
Hooked protocol highlights
- Fast increasing neighborhood portal for web3 showcase: Hooked is setting up a consumer-dealing with merchandise suite with appealing features and gamified experiences for new end users. The ecosystem at present has above two million regular monthly lively end users.
- The initial web3 app to dominate the Google Play charts: The initial linked Dapp that adopted the impressive Quiz-to-Earn mechanism, reaching remarkable consumer development in Indonesia.
- Creative educational solutions: An in-app gamified studying working experience and Hooked Academy presents a visual flowchart to educate web3 end users. Hooked will carry on to roll out additional educational initiatives to market widespread consumer utilization.
- Expand the social graph: Formation of really exploited linked communities with social references. User can setup and monetize the new web3 social graph just by sharing it.
- Integrated remedies for firms: Connected Plans to supply seamless Webthree integration remedies for firms with an integrated infrastructure.
Basic facts about the HOOK token
- Token Name: Hooked protocol
- Tickers: HOOK
- Blockchains: BNB chain
- Token regular: BEP-twenty
- To contract: Updating
- Type of token: Government
- Total provide: 500,000,000 HOOK
- Circulating provide: Updating
HOOK token allocation
- Private sale: twenty%
- Open for sale in the neighborhood: five%
- Community: 25%
- Ecosystem / Treasure: thirty%
- Squad: twenty%
HOOK token release routine
What is the HOOK token applied for?
- The governance platform token for the Hooked ecosystem.
- Gas token for hooked application rollup.
- Get unique entry to NFT and the privilege to participate in neighborhood occasions.
What is the HGT token applied for?
- In-app cost: Use $HGT to entry occasions, assets and virtual assets, increase game working experience and raise rewards.
- Convert to HOOK tokens: Users interacting in the neighborhood will have constrained perform to convert HGT to HOOK.
- HGT will be unlocked with various quantities, frequencies and limits, based mostly on proof of participation and input from the consumer neighborhood.
- HGT has an limitless complete provide.
How to Earn and Own HGT Tokens
Users can earn HGT for finishing duties in the app together with:
- Training camp with quizzes to earnenabling end users to recognize the reply situation, familiarize themselves with the written content of the query financial institution and put together for quiz competitions to win.
- Quiz contest to earnrewards end users with appealing complete prize pool, impressive degree-up mode, and constant rewards.
- Referrals and social leveragemotivate end users to invite acquaintances, mix with neighborhood pursuits to strengthen the romance concerning neighborhood members.
- Simulate traditional cryptographic operationsrefine and enrich the web3 working experience of every day Hooked end users with in-app characteristics like token mining minigames (which emulate BTC’s Proof-Of-Work mechanism).
- Incentive-based mostly gamification working experienceguaranteeing a persistently satisfying and engaging consumer working experience in the Hooked neighborhood.
HOOK token holder wallet
You can shop this token in the following wallets: Exchange Wallet, Metamask, Coin98 Wallet, Trust Wallet, Ledger, Trezor.
How to earn and personal HOOK tokens
Join Binance Launchpad to buy HOOK tokens.
Convert HGT to HOOK.
Where to purchase and promote HOOK tokens?
You can purchase this token on the Binance exchange, when this token is listed on the exchange.
Roadmap
Q4 2022
- Product and consumer development: Global industry growth, launch of Quiz-to-Earn working experience in additional territories.
- The infrastructure: Work with Tier one infrastructure on scaling remedies to facilitate solid consumer development.
1st semester 2023
- Community– Enhance the gamified studying working experience in the Hooked neighborhood
- Ecosystem: Continuous collaboration and collaboration with many web3 tasks, foremost applications to depend on the Hooked protocol
- The infrastructure: Integrated wallet remedy for end users of the Hooked neighborhood
H2 2023
- Community: Become one particular of the greatest neighborhood of Webthree explorers
- Administration: Explore the DAO-type governance framework for the Hooked protocol
- Ecosystem: Launch additional various applications leveraging linked ecosystem infrastructure
- The infrastructure: Application middleware remedies (wallet, DID, …) for ecosystem developers launched with early adoption positive aspects
Investors
Hooked Protocol has acquired investments from two foremost money in the cryptocurrency industry, Binance and Sequoia.
Instructions for opening a Binance account and participating in the Binance Launchpad Hooked Protocol venture
Open a Binance account
Step one: Go right here
phase two: Choose “Register by phone or email“
Step three: Fill in the following facts: E-mail, password. After Tick 2 boxes and pick “Create a personal account“
Step four: Enter the verification code from the e mail. Then pick “To send“
Step five: Select the icon as proven beneath. Then pick “Verify“
Step six: Choose “Start now” then enter the facts and upload the pertinent paperwork to total the identity verification.
Join the Binance Launchpad Hooked Protocol venture
- Phase one: will take spot from seven:00 on 24 November 2022 to seven:00 on one December 2022
Go to “Earn“, select “Springboard“
Select venture”Hooked protocol“
Hold BNB in your spot wallet to join Binance Launchpad (minimal volume of BNB demanded in your wallet is .one BNB). During Phase one, the user’s BNB stability will be calculated on an hourly Snapshop snapshot for every single day for a 7 day time period. The ultimate regular day by day stability of BNB for these 7 days will establish the highest volume of BNB a consumer can subsequently pledge.
- Phase two: one.00pm on 1st December 2022 to four.00pm on 1st December 2022
Subscription (Subscription) will open at this time to all eligible end users for a time period of 3 hrs. Users should also Sign a token buy agreement, just before committing BNB their. Please note that the moment committed, The user’s BNB will be blocked and will not be ready to redeem or entry other characteristics this kind of as transfers, withdrawals or exchanges until finally the token distribution time period has ended.
- Phase three: four.00pm on 1st December 2022 to five.00pm on 1st December 2022
Binance exchange will shut the subscription (Subscription) and start out token allocation calculation.
- Phase four: will consider spot at 17:00 on one December 2022
Binance will allocate the tokens to users’ wallets and the pledged BNB will be deducted. After the deduction, HOOK and BNB tokens also…