Details

What is HOOK

Tokens

1. What is hook?

Introduction to Hooked Protocol (HOOK) cryptocurrency

  1. Background of the project:

  2. Hooked Protocol is a cryptocurrency project that adopts a three-token model similar to Web2 games.

  3. The main token of the project is $HOOK, used for community governance and on-chain transaction gas.

  4. Token structure:

  5. The project includes three levels of tokens: $HGT (Gold), $uHGT (secondary token), and $HOOK (primary/governance token).

  6. Use cases:

  7. The HOOK token is mainly used for community governance and on-chain transaction gas, demonstrating the application of cryptocurrency in community governance and transactions.

  8. Project features:

  9. The project is designed to inject fresh blood into the cryptocurrency market, showcasing the potential and future of cryptocurrency.

  10. Differences from other projects:

  11. Unlike other cryptocurrency projects, Hooked Protocol adopts a unique three-token model, emphasizing the importance of community governance and on-chain transactions.

In general, Hooked Protocol (HOOK) is a cryptocurrency project with a unique design and application scenarios, 主

to be used for community governance and on-chain transactions.

2. Who founded hook?

According to the information provided, Hooked Protocol (HOOK) was created by Hooks.finance, and the specific founder information is not mentioned in these search results. However, according to 和, we can understand that Hooked Protocol has received funding from institutions such as Sequoia Capital, Binance, and is a platform that integrates Web3 learning, incentives, social and gaming.

Therefore, although specific founder information is not provided, we can know that Hooked Protocol was created by Hooks.finance and has strong backing.

Related information sources:

  • https://www.aicoin.com/en/article/377742
  • https://m.528btc.com/bk/168676195390137.html

3. Which VCs invested in hook?

According to the information provided, Hooked Protocol (HOOK) has received investment support from the following VCs:

  1. Binance
  2. Sequoia Capital
  3. Huangpu Group

4. How does hook operate?

Hooked Protocol (HOOK) is a cryptocurrency project aimed at driving the mass adoption of Web3 through gamified learning experiences. Here is how it works:

Overview of operation:

  1. Gamified Learning: Hooked Protocol utilizes gamified learning technology to allow users to learn Web3 related concepts such as NFTs and GameFi through participation in an educational system. Users can acquire these technologies through Hooked Academy, which enhances user experience and shortens the learning curve through games and videos.

  2. Social Learning Platform: Hooked Protocol is a Web3 gamified social learning platform that offers tailored Learn-to-Earn products. The platform aims to provide an entry point to Web3, offering users and businesses tailored Learn & Earn product experiences and infrastructure to enter the Web3 world.

  3. Pilot dApp: Hooked Protocol realizes its mission through its pilot dApp Wildcash, maximizing the adoption of Web3 products among crypto users. Wildcash uses Quiz-to-Earn method, allowing users to earn cryptocurrency by answering questions.

  4. Decentralization and Smart Contracts: Hooked Protocol is based on blockchain technology, achieving decentralization and being free from the influence or control of any central institution. It utilizes smart contract technology to ensure that all transactions are seamlessly completed according to predefined rules.

Overall, Hooked Protocol drives the widespread adoption of Web3 through gamified learning and a social learning platform, providing a unique way for users to learn and participate in the Web3 world.

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