Hooked Protocol, a crypto project launched in December 2022, is establishing an on-ramp layer to bring new users into the web3 via a simple gamified learning experience that provides the essential incentives to accelerate crypto adoption. Hooked, inspired by the famous Learn and Earn concept in crypto circles, tries to draw new users to web3 through interactive and experience-based learning. Its revolutionary web3 teaching platform, like Web3Camp, uses fundamental web3 dynamics to connect developers and contributors with a largely untapped audience. Hooked is developing several onboarding solutions to assist businesses and the community transition to web3. The web3 onboarding package contains an easy-to-use decentralized apps (DApps) framework for creating and securing web3 digital assets. The Hooked Protocol is powered by a dual-token mechanism comprised of HOOK and HGT (Hooked Gold Token). It features a sophisticated tokenomics structure that allows common use case functions by its community.
Despite the enormous market value of Bitcoin and other cryptocurrencies, there still needs to be a significant gap in the acceptance of the new solutions given by blockchain technology. Furthermore, the general public is unaware of the intrinsic benefit of a web3 economic model and does not feel compelled to learn about its potential advantages. Web3 is the next generation of Internet technologies. While the phrase is still relatively new, several blockchain projects have been working towards Web3 because of its benefits, including giving back control to users. Recently, a Web3-based project, Hooked Protocol, was launched; continue reading to learn more about it.
Hooked Protocol is a thriving decentralized social network to fulfill its aim of encouraging individuals to adopt web3. Its strategy is as follows: Gamified Education To promote web3 learning, the Hooked Protocol has chosen a new education style that is both immersive and inquisitive. Through its games and tutorials, the Hooked Academy lets users connect with crypto ideas such as non-fungible tokens (NFTs) and GameFi. The learning site also uses the concepts of entertaining decentralized autonomous organizations (DAOs) developed by the community to shorten the learning curve for new users and improve the overall learning experience. Web3 Onboarding Services As a web3 gateway, Hooked Protocol offers a set of onboarding tools to enable a seamless move into web3. New users receive a digital identity that is unique and exclusive to the platform's community via its Hooked Soulbound Token (Hooked SBT). Members also have access to the Hooked Wallet, which provides a user-friendly interface for navigating and orienting themselves with web3 transactions. Classic web3 Mechanics Rewards are a simple but efficient method of encouraging adoption. Hooked Protocol has launched Wild Cash, a Learn and Earn DApp that includes the following features: Proof of Work and Time (PoWT) Mining Game Incentivizes players to donate their time and energy by utilizing the standard proof of work (PoW) technique of Mine to Earn. Quiz-to-Earn New users learn web3 principles in a fun way by answering quizzes and earning tokens. Stake and Swap The Hooked Wallet allows users to experiment with ideas like staking, exchanging, and transferring crypto tokens. Social Referral Users earn money by referring people to their web3 social network.
Gamified learning via Hooked Protocol has helped crypto and web3 uptake. The company plans to diversify its crypto offerings, improve its SocialFi system, and optimize resources in 2023 to create a self-sustaining ecosystem. Hooked Protocol will impact the web3 community with an aggressive worldwide expansion plan and an upgraded content-learning platform.
You can buy HOOK at Binance , where Hooked protocol was introduced to all users by Binance Launch.
Hook on Binance