Hooked Protocol $HOOK

Hooked Protocol is creating a new gateway for extensive Web3 adoption by introducing personalized Learn & Earn products and onboarding structures for users and businesses to transition into the revolutionary web3 environment. The standout pilot project of Hooked Protocol, Wild Cash, has begun to make an enormous impact in the crypto space, gaining steady momentum with over 2 million monthly active users through its novel Quiz-to-Earn experience and other gamified learning techniques.

Tokenization within Hooked Protocol

The Hooked Protocol has adopted a unique, single token-oriented structure to streamline its ecosystem. It utilizes two core tokens: HOOK and HGT (Hooked Gold Token). These tokens play significant roles in the functioning of the Hooked Protocol, each contributing different utilities.

HOOK Token

HOOK is the governance token of the Hooked Protocol ecosystem. As a governance token, HOOK gives its holders the capacity to participate in community-led decision-making processes, enabling users to contribute to the growth and direction of the ecosystem.

HGT (Hooked Gold Token)

HGT is an in-ecosystem only utility token. These tokens can be used within the platform for a variety of applications, further enhancing the viability and usability of the Hooked Protocol ecosystem. By limiting the utility of this token to in-ecosystem activities, HGT can work to streamline transactions and interactions within the platform.

Future Prospects

With the impactful start of Wild Cash and the intriguing token model, Hooked Protocol is set to pave the way for massive Web3 adoption. The mission of creating a user-friendly and accessible pathway for businesses, newcomers, and seasoned crypto-enthusiasts alike to discover and interact with the Web3 world makes it a project to watch out for in the crypto space.