What is Hooked Protocol (HOOK)

Hooked Protocol or HOOK (HOOK/USDT – Trade it here) is an on-ramp layer for massive Web 3.0 adoption. They provide businesses with specialized Learn and Earn products along with onboarding infrastructures as they enter the wed3 world. Basic information for their token is available on the MEXC Digital asset introduction page. You will also stand a chance to win rewards when you deposit HOOK tokens, check it out now!

How to buy HOOK
What is Hooked Protocol (HOOK)

How Does it Work

Hooked Protocol offers specialized Learn & Earn solutions for organizations to enter the web3 ecosystem. They think that gamified learning experiences and token rewards are the best way to push for widespread web3 adoption. Previously, they launched their first pilot Dapp, Wild Cash, with the goal of becoming the community gateway in web3 emerging regions. Sure enough, the users loved it! Wild Cash now has more than 2 million monthly active users and is the first web3 app to dominate Google Play rank in Indonesia for 9 straight days!

So, what are the unique features of Hooked Protocol? Obviously, they have a gamified learning component which many users enjoy. Now, they have ramped up their app to include a social referral system. Furthermore, they created a Web3 community gateway that has enticing rewards, an easy-to-use wallet, and a decentralized user identity. It is basically a streamlined educational approach that combines curiosity and hands-on experience.

Hooked Protocol’s Current Projects

  • Quiz to Earn
    • Users participate in an immersive web3 learning experience and earn token rewards.
  • Proof of Work & Time (POWT) Mining Game
    • A mining game that uses traditional Proof-Of-Work features to reward users as they spend time on their platform.
  • Social Referal
    • Users may create their own web3 social network and gain rewards from their social connections.
  • Stake & Swap
    • Users can hold their crypto assets in the wallet, using it for staking and exchange.

Tokenomics of Hooked Protocol (HOOK)

The tokenomics of HOOK :

  • Name: Hooked Protocol.
  • Ticker: HOOK.
  • Token type: Governance.
  • Max supply: 500,000,000.

HOOK is the governance token for the ecosystem. Their utility token on the other hand is HGT (Hooked Gold Token). HOOK holders decide on the functions and expansion of the whole network. Furthermore, all Dapps on the platform will utilize HOOK as the gas fees for on-chain transactions. MEXC is now listing HOOK/USDT on our assessment zone! You can start trading it at 10:00 UTC on December 1, 2022!

Check out the live price of their token right here!

How to buy Hooked Protocol (HOOK)

You can buy Hooked Protocol (HOOK) on MEXC by following the steps:

  1. Log in to your MEXC account and click [Trade]. Click on [Spot].
  2. Search “HOOK” using the search bar to see the available trading pairs. Take HOOK/USDT as an example.
  3. Scroll down and go to the [Spot] box. Enter the amount of HOOK you want to buy. You can choose from opening a Limit order, a Market order, or a Stop-limit order. Take Market order as an example. Click [Buy HOOK] to confirm your order. You will find the purchased HOOK in your Spot Wallet.

You can find a detailed guide on how to buy HOOK token here.

Keep Yourself Updated With The Crypto Trend

Check out all of the listings in the Innovation and Assessment zones as well as the major tokens in the Main Zone – we have more amazing projects to come! What’s more, MEXC lists moonshots and offers access to trade major cryptocurrencies. Visit the Hot Projects section as well to uncover more featured popular tokens. Lastly, feel free to visit MEXC Academy to learn more about cryptocurrency!

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Wilbur Kwok
Wilbur strives in two ecosystem – Sports and Blockchain. Hit him up now to talk about all things crypto related!