The team behind Hooked Protocol is comprised of three principal members: Jason Y. (Founder), Mike Y. (Chief Technology Officer), and Jess L. (Chief Marketing Officer). Jason Y possesses a decade of expertise in growth strategy and consumer internet from his time at Uber and Meta. Mike Y is an engineer with a background in large-scale financial services and consumer product development. Jess L brings her experience from leading technology organizations in Silicon Valley, such as Uber and Google, where she specialized in marketing, strategy, and business development.

Hooked Protocol provides tools designed to enhance user interaction with Web3. - **Hooked Soulbound Token (Hooked SBT):** This is a Web3 "passport" that can be minted only once and is non-transferable. - **Hooked Wallet:** A cryptocurrency wallet that supports storage, transactions, and other activities associated with Hooked Protocol. - **On-chain Data Storage:** The project's data is recorded on the BNB Chain, making it accessible to all users. The Hooked solution distinguishes itself from other social-fi products by offering simple and engaging Web3 accessibility to Web2 users through several competitive advantages: - **Rapidly Expanding Community Gateway for Web3 Onboarding:** Hooked is developing a suite of consumer-oriented products with appealing incentives and gamified experiences to facilitate new user onboarding. Social referrals are crucial for community building, allowing users to create a Web3 social graph and generate revenue from it. - **Onboarding Solutions for Businesses:** Hooked's integrated infrastructure offers seamless Web3 onboarding solutions tailored for businesses. - **Web3 Gamified Social Learning Platform:** This platform effectively combines education with entertainment.

The native cryptocurrency of Hooked Protocol, known as $HOOK, is utilized for governance within the Hooked Protocol ecosystem. The HOOK token is implemented on the BNB Chain and features a total supply of 500,000,000 tokens, allocated as follows: - 30% to the Ecosystem/Treasury; - 25% to the Community; - 20% to the Team and Advisors; - 20% to Private Sale; - 5% to Community Sale (Binance Launchpad Sale). The token sale commenced on November 24, 2022, and concluded on December 1, 2022, through the Binance Launchpad platform. Holders of $HOOK tokens have several utilities, including: governing the platform by participating in voting; paying network gas fees; gaining access to exclusive events, perks, and products, including NFTs; and purchasing in-game tools. Moreover, users are rewarded with HOOK tokens for staking activities.

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

The utilities of the HOOK token are primarily designed for community governance, serving as gas tokens for platform on-chain activities, providing staking incentives as rewards for holding, demonstrating social elements with status signaling and individuality, and supporting long-term goals with valuable innovations that contribute to the ecosystem's prosperity. **Governance Platform Token for the Hooked Ecosystem** A core utility of the HOOK token is its use in community governance, allowing holders to participate in voting and decision-making on ecosystem proposals. **Gas Token for Hooked Application Rollup** With the development of rollup infrastructure on top of Layer 1 blockchains to support our DApp ecosystem, HOOK will function as the gas token for all economic activities. In the future, all DApps within the ecosystem built on the Hooked platform will utilize HOOK as the gas token for on-chain transactions. **Access Token for Exclusive NFTs and Community Event Privileges** Community members are incentivized to hold tokens to gain access to exclusive community events and opportunities to purchase limited editions of platform NFTs, which signify community social status and network influence. Additionally, HOOK will be employed in innovative practices that benefit the ecosystem for both individual participants and businesses, ensuring substantial liquidity and token value growth in direct correlation with the community's overall success.

As of the time of writing, Hooked Protocol (HOOK) is available on several cryptocurrency exchanges, such as Binance, Gate.io, Bybit, Bitget, LBank, MEXC, BitMart, NovaDAX, Bitrue, Hotcoin Global, Mandala Exchange, CoinW, BingX, and ZT. Explore the latest developments, cryptocurrency insights, and trading analysis with Eulerpool Alexandria. Explore the leading six NFT marketplaces. Explore the top BNB Chain tokens by market capitalization.

Hooked Protocol aims to establish the on-ramp layer for widespread Web3 adoption by offering customized Learn & Earn products and onboarding infrastructures for users and businesses venturing into the new world of Web3. The inaugural product, Wild Cash, features a Quiz-to-Earn experience along with other gamified learning elements, achieving an exceptional growth of over 3 million monthly active users. In the near term, the primary objective is to enhance user experience by providing additional content and features, and to extend this experience to a broader global audience. For more details, please refer to Eulerpool.