Project 29 of Binance Launchpad continues its 1,000% rally that started with the token launch on December 1st. Today, it gained double digits following a new announcement on Binance.
Binance Custody announces new news
Hooked Protocol (HOOK), the 29th project of the Binance Launchpad program, started its pre-sale phase on December 1. It gained nearly 2000% in just one day after launch. HOOK price is rallying after about a week with new news from Binance Custody. On December 10, Bitcoin and Ethereum gained around 25% during the hours of sideways movement. The explosion was directly related to the Binance Custody-related announcement…
Hooked Protocol announced in its most recent tweets that 100 million HOOK tokens, the tokens allocated to the team, will be entrusted to Binance.
Hooked Protocol will send 100 million tokens to Binance Custody
According to its official Twitter account, Web3 social network Hooked Protocol will transfer the 100 million HOOK tokens allocated by the team to Binance Custody, Binance’s custodian service. These tokens will remain locked and will be unlocked according to the original schedule. In addition, tokens will be transferred to Binance’s storage address within the next 24-48 hours. HOOK circulation will remain unchanged after the procedure.
Public Service Announcement:
As part of our collaboration with Binance, we will be transferring team’s allocation of HOOK token (100 million HOOK tokens) to Binance Custody.
These tokens will remain locked, with fixed release schedule: 1 year cliff + 60 month linear release.
— HOOKED (@HookedProtocol) December 9, 2022
Hooked Protocol is a Web3 GameFi social learning platform that aims to provide engagement infrastructure as well as exclusive Learn & Earn products for customers and businesses looking to enter the new Web3 world. The app has the idea of inviting anyone with or without previous crypto experience to crypto via gaming experience. Moreover, the platform helps crypto traders to enter the world of Web3 by playing games and earn while learning.
Hook’s most outstanding game so far has been Wild Cash. Players are rewarded with GOLD tokens for participating in “test competitions” in this app. According to the data, Wild Cash reached more than 2.5 million monthly users within three months of its launch. However, it was the first and only Web3 app to dominate the Google Play rankings. We have included a detailed guide about Hooked Protocol in this article from Kriptokoin.com.
Hooked Protocol announces airdrop program with 100 HOOK rewards per investor
The web3 project has released the details of the current Hooked Party Pass NFT holders airdrop event. According to the announcement dated December 7, the 6 party airdrop event will be exclusive to the early investors of the project. You can find the details in the official tweet below, the details are as follows:
- The first batch will be distributed on December 15, 2022, with up to 25 HOOKs exclusive to Hooked Party Pass NFT holders.
- Then, in the following 5 months, the rewards of new airdrop events are distributed to their owners. There will be a total of 15 HOOK airdrops for each group of the airdrop event.
- Note: A person will only be eligible for the next month’s airdrop after receiving the printed NFT.
https://twitter.com/HookedProtocol/status/1600432094618210306
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