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About HOOK

What is Hooked Protocol?Hooked protocol is a web3 gamified social learning platform on BNB chain. HOOK is the native BEP-20 token.Hooked Protocol is building the on-ramp layer for massive Web3 adoption, providing tailored Learn & Earn products and onboarding infrastructures for users & businesses to enter the new world of web3. Its first pilot product, Wild Cash, with Quiz-to-Earn experience and other gamified learning features, achieved an impressive growth of over 2 million monthly active users. Hooked Protocol adopts an innovative single token (HOOK) oriented structure, supplemented with in-ecosystem only utility token HGT (Hooked Gold Token). HOOK is the governance token of the ecosystem.What are the highlights of Hooked Protocol?The following information is quoted from Binance introducing of Hooked protocol.Fast growing community gateway for web3 onboarding: Hooked is building a set of user-facing products with intriguing incentives and gamified experience for new user onboarding. Currently the ecosystem has over 2 million monthly active users.First web3 app dominating Google Play ranks: Hooked first Dapp adopted innovative Quiz-to-Earn mechanics, achieving impressive user growth in Indonesia.Innovative education methodology: In-app gamified learning experience & Hooked Academy provides an intuitive scheme for web3 user education. Hooked will continue to bring up more educational initiatives to push for massive user adoption.Social graph expansion: Hooked community formation is highly leveraged with social referrals. Users get to establish and monetize a new web3 social graph by just sharing.Onboarding solutions for business: Hooked plans to provide seamless web3 onboarding solutions for businesses with its integrated infrastructures.What are the existing products of Hooked protocol?Hooked Protocol launched the first pilot dApp, Wild Cash, aiming to be the web3 community gateway in emerging markets. Shortly after launch, Wild Cash became the first & only Web3 application ever dominating Google Play rank for 9 consecutive days in Indonesia, with over 2 million monthly active users.Here is a list of product features currently available in the application:Quiz to EarnUsers get to start an immersive web3 learning experience while earning their first token prize.POWT (Proof of Work & Time) Mining GameA game featured to incentivize users to contribute efforts and time within the platform, through the classic Proof-Of-Work mechanism.Social ReferralUsers get to establish their own web3 social graph by simply sharing; also earn strong monetary benefits with their social connections.Stake & SwapUsers can own and store crypto assets in wallets, and later conduct their first crypto staking & swap.What is the tokenomics of Hooked protocol?Two tokens: HOOK: Governance token that reflects the value of the Hooked protocol ecosystem.HGT (Hooked Gold Token): The in-ecosystem only utility token with which the community is constantly incentivized and motivated to make dynamic contributions.uHGT (unlocked Hooked Gold Token): Token derived from the mechanism for managing the liquidity of HGT, combating speculation risks when a token’s price volatility could bring down reputation and value of the network. Though HGT itself is non-liquidable, a community-driven and algorithm-adjusting unlocking mechanism of uHGT is applied to ensure a sustainable model.What is HOOK token?HOOK is the only governance token with liquidity in the ecosystem, designed to reflect the value that flows across the Hooked platform with limited supply and scheduled emission scheme.HOOK’s long term value is tied with the confidence people hold for the project but as opposed to HGT, supply of HOOK is fixed and designed to be deflationary.HOOK token utilities are mostly built in for community governance, gas tokens for platform on-chain activities, staking incentives as holding rewards, social elements demonstrations with status signaling and individuality, and for more long-range objectives, valuable innovations contributing to the ecosystem thriving.Governance platform token for Hooked ecosystemGas token for Hooked Application RollupAccess token for exclusive NFTs and privileges of community eventsHOOK's token distribution

Hooked Protocol (HOOK) is a cryptocurrency launched in 2022. HOOK has a current supply of 500.00M with 156.37M in circulation. The last known price of HOOK is 0.912598510052 USD and is 0.035595376606 over the last 24 hours. It is currently trading on active market(s) with $20.07M traded over the last 24 hours. More information can be found at https://hooked.io/.

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HOOK Price Statistics
HOOK’s Price Today
24h Price Change
+$0.0355953766064.06%
24h Volume
$20.07M222.12%
24h Low / 24h High
$1.03 / $1.10
Volume / Market Cap
0.140667561651
Market Dominance
0.01%
Market Rank
#381
HOOK Market Cap
Market Cap
$142.70M
Fully Diluted Market Cap
$456.30M
HOOK Price History
7d Low / 7d High
$1.03 / $1.21
All-Time High
$4.06Feb 06, 2023
All-Time Low
$0.87476505Jun 11, 2023
HOOK Supply
Circulating Supply
156.37M
Total Supply
500.00M
Max Supply
0
Updated Jun 03, 2024 1:07 am
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HOOK
Hooked Protocol
$0.912598510052
$0.035595376606(+4.06%)
Mkt Cap $142.70M
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Frequently Asked Questions

  • What Is Hooked Protocol (HOOK)?

    Hooked Protocol is the pioneering immersive edutainment network to onramp the next billions of people into Web3. Hooked’s mission is to drive Web3 massive adoption by providing immersive, gamified, and social learning experiences.

    Hooked offers a seamless and intuitive onboarding path for both learners and builders through offerings of 3 focuses of their businesses: Infrastructure, Academy & Ecosystem.

    As of now Hooked has launched 3 dApps and products: Wild Cash, a Quiz-to-Learn Web3 bootcamp product for elementary learners with over 3 million monthly active users; ToDaMoon, a livestreaming Learn-to-Earn product for preparatory learners with 1,000,000 total competition participation; Hooked Academy Sensei, a Learn with AI-Sensei & exploratory learning product powered by AI technology with over 100,000 registered learners.

    Hooked is also developing itself towards substantial development of Web3 onboarding infrastructures to onramp builders, and meanwhile forging powerful partnerships and robust economic vitality within the ecosystem to boost massive adoption.

    Hooked tokenomics adopts a segregation strategy by applying a single token (HOOK) oriented structure, reflecting real value and enabling common use case functions, to avoid the scenario where pump and dump schemes happen.

    HOOK is the only governance token with liquidity in the ecosystem, designed to reflect the value that flows across the Hooked platform with limited supply and scheduled emission scheme. HOOK’s long term value is tied with the confidence people hold for the project, and the supply of HOOK is fixed and designed to be deflationary.

    HOOK token utilities are mostly built in for community governance, gas tokens for platform on-chain activities, staking incentives as holding rewards, social elements demonstrations with status signaling and individuality, and for more long-range objectives, valuable innovations contributing to the ecosystem thriving. More details about our token $HOOK, please refer to: https://hooked-protocol.gitbook.io/hooked-protocol-whitepaper/hooked-tokenomics/hook

    With its academy, infrastructure, and ecosystem, Hooked aims to revolutionize Web3 education and bring new forces to onboard Web3.

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  • Who Are the Founders of Hooked Protocol?

    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.

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  • What Makes Hooked Protocol (HOOK) Unique?

    Hooked Protocol offers tools to facilitate the use of Web3 by users.

    • Hooked Soulbound Token (Hooked SBT): A web3 "passport" that can only be minted once and cannot be transferred.
    • Hooked Wallet: A crypto wallet that facilitates storage, transactions, and other activities related to Hooked Protocol.
    • On-chain data storage: The project's data is stored on BNB Chain and is accessible to all users.

    Hooked solution, unlike other social-fi products, aims to provide easy, enjoyable Web 3 accessibility for Web 2 users by some following competitive advantages:

    • Fast-growing community gateway for Web3 onboarding: Hooked is building a set of user-facing products with intriguing incentives and gamified experience for new user onboarding. Social referrals play a key role in community formation. The sharing process enables users to establish a web3 social graph and monetize it.

    • Onboarding solutions for business: Hooked's integrated infrastructure will provide seamless Web3 onboarding solutions for businesses.

    • Web3 Gamified Social Learning Platform to well match between education and entertainment

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  • How Many Hooked Protocol (HOOK) Coins Are There in Circulation?

    $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.

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  • How Is the Hooked Protocol Network Secured?

    HOOK is the native BEP-20 token of Hooked Protocol, meaning that it runs on and is secured by the BNB Chain.

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  • What can Hooked Protocol (HOOK) be Used For?

    HOOK token utilities are mostly built in for community governance, gas tokens for platform on-chain activities, staking incentives as holding rewards, social elements demonstrations with status signaling and individuality, and for more long-range objectives, valuable innovations contributing to the ecosystem thriving.

    Governance platform token for Hooked ecosystem One of the most fundamental utilities of HOOK will be community governance, representing stakes and votes in ecosystem proposals.

    Gas token for Hooked Application Rollup As we are building rollup infrastructure on top of L1s to support our DApp ecosystem, HOOK will be used as the gas token for all economic activities. In the future, all DApps in the ecosystem built on top of Hooked platform will also be using HOOK as the gas token for on-chain transactions.

    Access token for exclusive NFTs and privileges of community events Community members will be motivated to hold tokens to get access to exclusive community events and grants to purchase limited editions of platform NFTs, which demonstrate community social status and network impacts.

    Furthermore, HOOK will be put into innovation practices which overall benefit the ecosystem of both individual participants and businesses, ensuring considerable liquidity and token value will grow in direct proportion for the success of the whole community.

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  • Where Can You Buy Hooked Protocol (HOOK)?

    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.

    Discover the latest news, crypto insights and trading analysis with the CMC Alexandria.

    Check out the top six NFT marketplaces.

    Check out the top BNB Chain tokens by market capitalization.

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  • What is the all-time high price of Hooked Protocol (HOOK)?

    The all-time high of HOOK was 4.06 USD on 2023-02-06, from which the coin is now down 77.52220418591133%. The all-time high price of Hooked Protocol (HOOK) is 4.06. The current price of HOOK is down 77.52220418591133% from its all-time high.

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  • How much Hooked Protocol (HOOK) is there in circulation?

    As of , there is currently 156.37M HOOK in circulation. HOOK has a maximum supply of 0.

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  • What is the market cap of Hooked Protocol (HOOK)?

    The current market cap of HOOK is 142.70M. It is calculated by multiplying the current supply of HOOK by its real-time market price of 0.912598510052.

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  • What is the all-time low price of Hooked Protocol (HOOK)?

    The all-time low of HOOK was 0.87476505 , from which the coin is now up 4.324985326288464%. The all-time low price of Hooked Protocol (HOOK) is 0.87476505. The current price of HOOK is up 4.324985326288464% from its all-time low.

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  • Is Hooked Protocol (HOOK) a good investment?

    Hooked Protocol (HOOK) has a market capitalization of $142.70M and is ranked #381 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Hooked Protocol (HOOK) price trends and patterns to find the best time to purchase HOOK.

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