The rise of Hooked Protocol
As the cryptocurrency market matures, more and more investors and participants have shown great interest in this rapidly developing field. Against this backdrop, Binance announced that it will soon launch the 29th Launchpad project, Hooked Protocol (HOOK), which has attracted widespread attention in the market. The launch of Hooked Protocol not only marks the birth of a new type of cryptocurrency, but also a new stage in Web3 learning and adoption.
New trends in the cryptocurrency market
The expectation of a bull market has made the crypto market a hot topic again, and the launch of Hooked Protocol is seen as an important sign of the coming of a bull market. With the influx of new funds, the market demand for educational crypto projects is growing. As a "Web3 portal", Hooked Protocol aims to lower the threshold for new users to enter the crypto world and attract more users through gamification learning and social elements.
Hooked Protocol 2.0 Proposal Analysis
The core of the Hooked Protocol 2.0 proposal is to create the world's largest social learning metaverse network to stimulate interest in Web3 learning by enhancing user experience. The goal of the proposal is to build a comprehensive Web3 discussion and learning exchange community that provides a brand new experience and greater user affinity compared to traditional forums and social networks.
In addition, HOOK tokens will be used as GAS tokens in the new AppChain infrastructure, increasing its application scenarios and market demand. Hooked Protocol will also expand the scope of use of HOOK tokens through multi-axis strategies such as validator nodes and staking, further stabilizing and enhancing the value of tokens.
Token incentives and application scenarios
As the governance token of the platform, HOOK is not only used for community governance voting, but also as the Gas token of DApp. In addition, WildCash, the first pilot product of Hooked Protocol, uses gamified learning functions to allow users to earn rewards while completing tasks.
Launch of the Education Ecosystem Fund
Hooked Protocol recently announced that it will launch a $50 million education ecosystem fund in collaboration with a number of educational institutions. This fund aims to achieve new applications for HOOK tokens by strengthening the HOOK2.0 ecosystem and explore the possibility of combining crypto education with real-world education.
Sequoia and Binance’s layout
The launch of Hooked Protocol has attracted the attention of important institutions such as Sequoia and Binance. These institutions are optimistic about the potential of Hooked Protocol in the Web3 education track and expect it to attract millions of active Web2 users to Web3 in the future bull market, thereby promoting the development of the Web3 education community.
HOOK Token Market Outlook
The total amount of HOOK tokens is 500 million, of which 55% are for the community and treasury, and 20% are for team tokens. The initial circulation and unlocking volume are relatively small, which reduces the possibility of market selling pressure.
in conclusion
The launch of Hooked Protocol 2.0 heralds a new era in Web3 learning and education. With the participation of more users and institutions, Hooked Protocol is expected to become an important force in promoting the growth of the cryptocurrency market. The launch of the Education Ecosystem Fund and the support of institutions such as Sequoia and Binance have further strengthened the confidence in the future development of Hooked Protocol. As the Web3 education market continues to expand, Hooked Protocol may become an important player in the cryptocurrency market.
