Summary

Hooked Protocol is a Web3 gamified social learning platform that provides customized learning and earning coins products. Initially intended to build a rapidly growing community, it later evolved into establishing enterprise entry infrastructure and decentralized applications (DApps), helping more enterprises enter Web3 and ultimately establishing an economic ecosystem shared by the community.

Introduction

Web3 is the next generation of Internet technology. The concept is relatively new, but many projects in the blockchain space are working on developing Web3 because of its many benefits, including returning control to the user. However, there is still a long way to go to achieve widespread adoption of Web3.

Hooked Protocol hopes to solve the three major challenges facing Web3 adoption: insufficient user motivation, high barriers to entry, and lack of Web3 education.

Hooked addresses these issues from an educational perspective and encourages more users to start the Web3 journey. This protocol provides gamified learning experiences and incentive-based design to achieve mass adoption of Web3.

Hooked is also designing a set of products for users, using tokens to encourage new users to get started.

How does the protocol work?

Hooked Protocol’s educational approach contains three elements: innovative products for education, social recommendation mechanisms, and enterprise entry solutions.

Innovative educational methods

Hooked Academy is a 30-second meme video portal for Web3 learning, providing intuitive educational solutions for Web3 users. Hooked will launch more educational solutions in the future to promote large-scale adoption by users.

Social recommendation mechanism

Hooked Protocol will Defined as a "social graph extension," the team leverages social recommendation mechanisms to grow its community. Users can create a new Web3 social graph by inviting friends and make money from it.

Enterprise entry solution

Hooked's integrated infrastructure provides enterprises with a smooth Web3 onboarding solution. This integration is a suite of applications designed to solve the problem, including single sign-on using Hooked DID infrastructure, a built-in wallet solution, a social graph, and a user growth engine.

What achievements has Hooked Protocol achieved so far?

Hooked Protocol’s first DApp is Wild Cash, which was launched at the end of 2022 and is currently the largest DApp on the blockchain. The application has over 3 million monthly active users and is a gateway to Web3 resources in emerging markets.

Wild Cash encourages users to get started through gamified experiences, such as:

• Earn while testing

• Proof of Work and Time (PoWT) mining game

• Social recommendation mechanism

• Staking and redemption in Hooked Wallet

Users participating in these activities can participate in familiar Web3 mechanisms, learn more, and receive cryptocurrency rewards.

What is Hooked Token (HOOK)?

Hooked Protocol uses two tokens: Hooked Gold Token (HGT) is a utility token and HOOK is a governance token. . HOOK is used for the following purposes:

• Hooked Ecosystem Voting Decisions

• Get community event privileges

• Obtain exclusive NFT minting rights

• Staking rewards

• Use Currency for specific in-app purchases

In the future, HOOK will also serve as the basis for hooked application aggregation The fuel fee token for all economic activities within the structure. In addition, all DApps in the ecosystem built on the Hooked platform will also use gas fee tokens for on-chain transactions.

How to buy Hook on Binance

HOOK is the governance of Hooked Protocol Tokens, available for purchase and trade on Binance Launchpad. Click this direct link to register and get your HOOK.

How will Hooked Protocol develop next?

Hooked Protocol plans to expand its market, community and ecosystem. The Hooked team hopes to enrich and enhance the gamified learning experience of global users by enriching its content and platform and innovatively developing socialFi. These include Hooked’s SocialFi model, where community members can better leverage their social connections and contribute to the development of the ecosystem.

Hooked has also established a self-sustaining ecosystem based on the flywheel model through bilateral economic partnerships, in which all applications of Hooked Protocol Will generate more traffic and drive community growth.

Conclusion

Learning the currency earning model is to promote the popularization of cryptocurrency knowledge and A way to increase the usage of cryptocurrencies, which is becoming increasingly popular. While Hooked Protocol's approach to increasing Web3 adoption is not unique, as people become more interested in the next generation of the Internet, Hooked Protocol will go further.