Hooked Protocol (HOOK) — Project Review

Raybit Crypto
2 min readMay 30, 2023

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The target of Hooked Protocol is massive implementation of Web3 technologies. Developers emphasize different educational and adaptive structures, helping programms for users and companies to entry this industry. Some issues are solved in game form (quizes), many of them suggests financial rewards. It is declared that Hooked has lead about 2 million users to Web3.

Hook is one of two platform tokens. It emission is limited and has a gradual release.

Project Targets

Hooked Protocol is directed to creating economic ecosystem, which is completely owned by society, it is going to reach it through the gamification. Devs see a strong gap between technological innovations and the real implementation of cryptocurrency, Web3, DeFi. Web3 is plenty of different Apps, to make choice is too difficult.

Three directions, where the Hooked works

  • Business adaptation to transit to ecosystem of Web3
  • Developing the products, which help users to learn and use the technologies of decentralization in game form
  • Connection 4,5 billion of Web2 users to more perspective and innovative programm technologies

Thanks to gamified studying and financial stimuls Hooked hopes to inform value for those, who doesn’t have experience with cryptography, to help devs to optimize their activities and to create a dinamic active community.

Products of Hooked Protocol

Hooked released the dApp Wild Cash

It functional includes:

  • Crypto wallet with opportunity of exchange/staking
  • Emulators Web3 of gamified education for getting skills using GameFi and NFT
  • Rewarded educational quizzes
  • Videocontent
  • PoWT Mining Game

Conclusion

The Project Hooked chose the strategy of “decentralization mechanism of user acquisition”, that means it intends to reward for active calling new users in. It is concieved that the project will be singular hub for Web3 apps, because of positive ecosystem and strong community.

Website | Discord | Twitter | Telegram

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Raybit Crypto
Raybit Crypto

Written by Raybit Crypto

⚡ Product manager in Blockchain company 🐰 Head of Raybit Crypto 🔥 Ambassador and Node runner

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