Hooked uses simple onboarding to rope in millions of users in a short time!
Hooked Protocol Grabs More Users
Hooked Protocol has implemented a simple onboarding process to continually add new users. The project has seen a unique wallet increase of over 75% in the last 30 days and is now the top social Decentralized Application (dApp) on BNB Chain.
The Web3 onboarding platform has added hundreds of thousands of active wallets since its launch in October and now has over 1.05 million registered wallets, according to DappRadar.
Hooked Protocol is working on adding games and features to its dApp. The first was a learn-and-earn experience called Wild Cash which launched in Q3 of 2022. There are also Bet & Win and Mine-to Earn functions for diversified ways to win the in-game Gold tokens.
The platform further incentivizes users to invite their friends, giving big rewards to users who increase their social graphs in the game.
The impressive numbers represent a major influx of activity into the relatively new dApp. With backing from Binance and Sequoia Capital, the project has powerful institutional support.
What Is Hooked Protocol:
Hooked Protocol is a community-driven social protocol with an on-chain tokenomics design. Users can learn, earn, and enjoy a gamified experience in the Hooked ecosystem. The applicability of Hooked Protocol is defined by three key pillars: identification, engagement, and attribution. The project is integrating wallets and decentralized identifiers (DIDs) into the Hooked ecosystem, allowing users to access their Web3 identities automatically.
Where to find Hooked Protocol:
What is BNB Chain:
Previously known as the Binance Smart Chain (BSC), BNB Chain is a community-driven, decentralized, and censorship-resistant blockchain that is powered by Binance. It consists of BNB Beacon Chain and BNB Smart Chain, EVM compatible and facilitating a multi-chain ecosystem. Through the concept of MetaFI, BNB Chain aims to build the infrastructure to power the world’s parallel virtual ecosystem.
Find more about BNB Chain here:
Source : bsc.news
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