Hooked Protocol

About Hooked Protocol token

Hooked Protocol (HOOK) is a gamified social learning platform that aims to accelerate Web3.0 adoption by offering customized learn & learn resources, as well as onboarding support for businesses wanting to engage with Web3.0. Similar to CoinMarketCap’s own Learn & Earn platform, Hooked links crypto developers with a largely untapped market.Three key issues are slowing Web3.0 adoption: a lack of user motivation, a complicated onboarding flow, and desktop only product availability. The Hooked team believe financially incentivising users and companies to get involved in Web3.0 will solve these issues and accelerate adoption, and that gamified learning is the best way to do this. Once users and companies start earning digital assets, Hooked posits, more users and businesses will engage with Web3.0.Hooked Protocol’s token structure includes two tokens: HOOK, a deflationary token with a fixed supply of 500m, and HGT, an in-house only utility token. The HOOK token is used for voting and governance, paying the platform’s gas fees, and accessing exclusive content, like NFTs.The main goal of developers is to establish an advanced ecosystem and an inclusive community with improved scalability for transporting users from Web2.0 to Web3.0. Hooked Protocol up-and-running products include: Proof of Work & Time (POWT) Mining Game, Quiz-to-Earn, Social Referral and Stake & Swap.