Everything is for education, yes, the education sector is one of the sectors promoted by Binance. Today we are going to talk about the WEB3 education sector.
In an interview, a senior sister said, "Financial education is the key to promoting inclusiveness." As a leading venture capital institution in the crypto market, the focus of its participants is undoubtedly the trend of the market. Both the senior sister and CZ, as well as Binance's official promotion, are continuously promoting the education sector. In the future, Binance will continue to create a safer and fairer trading and investment environment for users through education and investment, and work with all sectors to build trust in new technologies, promoting positive industry development.
Web3 is the next generation of internet technology. This concept is relatively new, but many projects in the blockchain field are dedicated to developing Web3 because of its many benefits, including returning control to users. However, there is still a long way to go to achieve widespread adoption of Web3.
Today, let's start by looking at HOOK.
What is the Hooked Protocol (HOOK)?
Hooked Protocol is a Web3 gamified social learning platform that provides customized learning and earning products.
It aims to establish an entry-level infrastructure for enterprises and decentralized applications (DApps), helping more enterprises enter Web3 and ultimately establish a community-owned economic ecosystem.
Advantages of Hooked Protocol:
Innovative educational methods
Social recommendation mechanism
Entry-level solutions for enterprises
What achievements has the Hooked Protocol made so far?
The first DApp of the Hooked Protocol, Wild Cash, was launched at the end of 2022 and is currently the largest DApp on the blockchain. The application has over 3 million monthly active users and serves as a gateway to Web3 resources in emerging markets.
The Hook ecosystem is gradually booming, and there will be many good projects and collaborations with Hook in the future. The flow of millions of users outside the Hook community is officially transitioning into the community, and the application scenarios for Hook are increasing.
Hook is about to start some staking mechanisms, and a large amount of Hook will be locked up.
The Turkish and Korean markets are particularly hot, especially the Korean market.
In terms of market value, Hook currently has a circulating market value of approximately $50 million. According to CoinMarketCap data, it ranks around 320th in terms of total circulating market value on the internet. This valuation undoubtedly leaves a lot of room for growth in the entire education sector market.
Obtaining investment from Sequoia, Hooked Protocol launches 2.0 proposal
Why did Sequoia lay out Hooked Protocol?
In 2021, Hooked Protocol was listed on Binance, attracting attention and discussion in the market. It was the first project to incentivize blockchain learning. Users can discover and learn knowledge on Hooked Protocol and complete gamified tasks to earn corresponding incentive tokens. Hooked Protocol guides users to complete relevant knowledge points through gamification and social tasks, which is relatively simple and easily captures people's interest. By integrating social functions, users can also engage in interactions, making it easier to gain user recognition and stickiness.
Currently, during the bear market, Hooked Protocol has around 120,000 Discord and Twitter users. It can be expected that Hooked Protocol will attract at least several million active Web2 users into Web3 through this incentive method in the next bull market, forming and developing a Web3 education community. In the long run, the Web3 education track is a blue ocean market, with stable and potential growth prospects as the cryptocurrency and blockchain industry develops. This is also an important reason why Sequoia and institutions such as Binance chose to lay out Hooked Protocol.
Specifically, it is reflected in the following aspects:
- Creating the world's largest social learning metaverse network to enhance user experience
By various means, users are encouraged to participate in Web3 learning and are guided to participate through social networks, forming a comprehensive Web3 discussion and learning community. This community has a significant experiential difference compared to traditional communication communities such as forums and Baidu Tieba, increasing user affinity.
- Linking application chains, HOOK will serve as the GAS token
Through cooperation with partners, Hooked Protocol will add new AppChain infrastructure, with the HOOK token serving as GAS support.
- Empowering the HOOK token
In addition to increasing the usage scenarios of HOOK tokens through GAS applications, the usage range of HOOK tokens will be further expanded through validator nodes, staking, and other methods, which will further increase the market demand for HOOK tokens, directly benefiting the token price.
What can the Hooked Protocol (HOOK) be used for?
The main utility of the HOOK token is for community governance, as a GAS token for on-chain activities on the platform, as staking incentives for holding rewards, and for demonstrating social elements and status signals. In addition, it contributes to valuable innovations that help the ecosystem thrive in the long run.
One of the most basic functions of the governance platform token HOOK in the Hooked ecosystem is community governance, representing the interests and voting in the ecosystem proposals.
As we are building Rollup infrastructure on L1 to support our DApp ecosystem, HOOK will be used as the GAS token for all economic activities. In the future, all DApps in the ecosystem built on the Hooked platform will also use HOOK as the on-chain transaction GAS token.
Exclusive NFT access tokens and privileges for community activities will motivate community members to hold tokens to participate in exclusive community activities and receive grants to purchase limited edition platform NFTs, reflecting the community's social status and network influence.
In addition, HOOK will be invested in overall innovative practices that are beneficial to individual participants and the enterprise ecosystem, ensuring that a considerable amount of liquidity and token value will grow in proportion to the success of the entire community.
In summary, several reasons to be optimistic about HOOK:
Various incentive mechanisms have been established, along with user-friendly wallets and decentralized identities.
Gamified learning experience: a simplified education system that combines immersive (experience-based) learning and exploratory (curiosity-based) learning experiences. The gamified learning experience imparts Web3 concepts. The Web3 simulation experience allows users to participate in popular areas of cryptocurrency, such as NFT and GameFi, through short videos in an interesting and engaging manner.
Application infrastructure: Integration of infrastructure to incorporate more applications and businesses into the Web3 and Hooked ecosystem.
Recently launched a $50 million education ecosystem fund to develop partnerships with educational institutions!
Personally, I choose to hold some long-term coins in the Web3 ecosystem!
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
