HOOK
Hooked Protocol
$0.00000000AUD
Market Cap
194.6M AUD
24H Trade Vol.
52.9M AUD
Total Supply
211.7M
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What is Hooked Protocol?

Hooked Protocol is a decentralized cryptocurrency platform built on the Ethereum blockchain. It is designed to empower content creators by providing a peer-to-peer platform for monetizing their creations without the need for traditional intermediaries. This project emphasises community governance, enabling token holders to engage in decision-making processes.

How does Hooked Protocol work?

Hooked Protocol operates by leveraging the Ethereum blockchain to provide a decentralized platform for content creators. It offers a gamified learning experience and community engagement facilitated by smart contracts. The governance model allows HOOK token holders to participate in decision-making, ensuring a community-driven approach to platform development and management.

What are the potential use cases for Hooked Protocol?

The potential use cases for Hooked Protocol include:

  • Governance: Token holders can engage in the governance of the platform by voting on key decisions.
  • Community Event Privileges: Members have access to exclusive events within the ecosystem.
  • Exclusive NFT Mints: Users can acquire unique NFT mints.
  • Staking Rewards: Rewards are provided for staking Hooked tokens.
  • In-App Purchases: The Hooked token functions as a currency for specific in-app purchases.
  • Gas Token Usage: Hooked tokens serve as a gas token for all economic activities within the Hooked Application Rollup Infrastructure.

What is the history of Hooked Protocol?

Hooked Protocol was introduced through the Binance Launchpad, supported by entities like Binance and Sequoia, reflecting the project's credibility and vision for the future. Since its launch, Hooked Protocol has focused on simplifying Web3 adoption through gamified learning and economic incentives, rapidly growing its user base to support the transition from Web2 to Web3. The founding team comprises experienced professionals from prominent tech companies, contributing to its strategic development and partnerships to expand its ecosystem.

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