Summary
Hooked Protocol is a Web3 gamified social learning platform that provides customized learning and earning coins products. It was originally intended to build a fast-growing community, and later evolved into building an enterprise entry-level infrastructure and decentralized applications (DApps), helping more companies enter Web3 and eventually establishing a community-shared economic ecosystem.
Introduction
Web3 is the next generation Internet technology. The concept is relatively new, but many projects in the blockchain space are working on Web3 because of its many benefits, including putting control back in the hands of users. However, there is still a long way to go to achieve mass adoption of Web3.
Hooked Protocol hopes to address three major challenges facing Web3 adoption: low user motivation, high barriers to entry, and lack of Web3 education.
Hooked tackles these issues from an educational perspective, encouraging more users to start their Web3 journey. This protocol provides gamified learning experiences and incentivized design to enable mass adoption of Web3.
Hooked is also designing a set of user-facing products, using tokens to motivate new users to get started.
How does the agreement work?
Hooked Protocol's educational approach consists of three elements: innovative education-oriented products, social recommendation mechanisms, and enterprise onboarding solutions.
Innovative educational approach
Hooked Academy is a 30-second meme video portal for Web3 learning, providing intuitive educational solutions for Web3 users. Hooked will launch more educational programs in the future to promote mass adoption by users.
Social recommendation mechanism
Hooked Protocol defines it as "social graph extension", and the team uses social recommendation mechanism to grow its community. Users can invite friends to build a new Web3 social graph and make money from it.
Enterprise onboarding solution
Hooked's integrated infrastructure provides enterprises with a smooth Web3 onboarding solution. This integration is a suite of applications designed to solve the problem, including single sign-on using Hooked DID infrastructure, built-in wallet solution, social graph and user growth engine.
What has Hooked Protocol achieved so far?
Hooked Protocol's first DApp is Wild Cash, which will be launched at the end of 2022 and is currently the largest DApp on the blockchain. With over 3 million monthly active users, the app is a gateway to Web3 resources in emerging markets.
Wild Cash encourages user onboarding through gamified experiences such as:
Earn while testing
Proof of Work and Time (PoWT) mining game
Social recommendation mechanism
Staking and exchange in Hooked Wallet
Users participating in these activities can participate in the familiar Web3 mechanism, learn more knowledge and obtain cryptocurrency rewards.
What is Hooked Token (HOOK)?
Hooked Protocol uses two tokens: Hooked Gold Token (HGT) is a utility token, and HOOK is a governance token. HOOK is used for the following purposes:
Voting decisions in the Hooked ecosystem
Access to community event privileges
Access to exclusive NFT minting rights
Pledge rewards
Currency for specific in-app purchases
In the future, HOOK will also serve as a fuel fee token for all economic activities within the Hooked application aggregation infrastructure. In addition, all DApps in the ecosystem built on the Hooked platform will also use gas fee tokens for on-chain transactions.
Original text: http://www.btcwbo.com/6994.html
How to buy Hook on Binance
HOOK is the governance token of Hooked Protocol, which can be purchased and traded on Binance Launchpad. Click this direct link to register and get your HOOK.
How will Hooked Protocol develop next?
Hooked Protocol plans to expand its market, community and ecosystem. The Hooked team hopes to enrich and enhance the gamified learning experience of global users by enriching its content and platform and innovatively developing socialFi. These include Hooked's SocialFi model, where community members can better leverage their social connections and contribute to the growth of the ecosystem.
Hooked has also established a self-sustaining ecosystem based on the flywheel model through bilateral economic partnerships, where all applications of Hooked Protocol will generate more traffic and drive the development of the community.
Conclusion
Learning the coin-earning model is a way to promote the popularization of cryptocurrency knowledge and increase the usage rate of cryptocurrency, and this method is becoming more and more popular. While Hooked Protocol's approach to increasing Web3 adoption isn't unique, it will go further and further as people become more interested in the next generation of the Internet.