Binance has announced for various altcoins, one of which is listing. The leading exchange lists a new altcoin as the 29th project of the Launchpad program.
Binance announces new news for these altcoins
The world’s largest exchange by transaction volume is maintaining its own network’s token, BEP20 wallet transactions. According to the announcement, BNB Smart Chain (BEP20) wallets will be undergoing maintenance on December 2 at 10:00 am. The maintenance process will take about two hours, and then it will be activated again with the announcement from Binance. Binance users’ token transactions on BNB Smart Chain (BEP20) will not be affected during wallet maintenance. However, deposits and withdrawals are suspended from 09:55 on December 2nd. After the maintenance is completed, we will be relaying the announcements from Binance.
Hooked Protocol (HOOK) token sale subscription launched on Binance Launchpad
In another announcement, the leading exchange shared that its subscriptions are active for the token sale for Hooked Protocol (HOOK), the 29th project of the Launchpad program. Sales are now open and will remain open for five hours. According to the announcement, Hooked Protocol starts trading on HOOK/BTC, HOOK/USDT, HOOK/BUSD, and HOOK/BNB pairs. As Kriptokoin.com, we have explained how you can participate in the pre-sale in this article.
Hello there! After the subscription is complete, listing Hooked Protocol (HOOK) and opening trading for HOOK/BTC, HOOK/USDT, HOOK/BUSD and HOOK/BNB trading pairs will be at 2022-12-01 14:30 (UTC).
Please, kindly refer to this page for more details:https://t.co/u80oyAFmqe
VG— Binance Customer Support (@BinanceHelpDesk) December 1, 2022
What is Hooked Protocol (HOOK)? How does it differ from other altcoins?
Hooked Protocol is a launchpad platform that provides customized Learn and Win solutions for the Web3 world. Protocol believes that a major Web3 revolution can be achieved through gamified learning experiences and bringing economic value to users. The project basically aims to provide economic value to its users and thus gamify the learning process. It also aims to enable and accelerate the Web3 transformation of developers and applications, build a thriving community with scalability and engagement, and leverage viral growth and decentralized social networks.
With Hooked Protocol, we see the following features, unlike other altcoin projects:
- PoWT (Proof of Work and Time) mining game: Using the traditional PoW mechanism, this game encourages players to invest their time and effort into the platform.
- Quiz rewards: Users can start an engaging Web3 learning experience. They can also earn token rewards by completing plasterers.
- Users can store their crypto in their first crypto wallet using Hooked Wallet. However, they can perform staking and swap transactions and transfer cryptocurrencies.
- Social referral: Users can earn significant financial rewards by sharing and creating the Web3 social graph.
The Hooked Protocol token economy
The token economy and distribution to the information included in the project’s white paper will be as follows:
- Token type: BEP-20 on BNB Chain
- Total token supply: 500,000,000 HOOK
- Private sale: 20% of the total token supply
- Community sale: 5% of total token supply
- Community: 25% of the total token supply
- Ecosystem/Treasury: 30% of the total token supply
- Team and advisor: 20% of Total Token Supply
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