About Hooked Defi
Hooked Defi is building the on-ramp layer for massive Web3 adoption, providing tailored Learn and Earn products and onboarding infrastructures for users and businesses to enter the new world of web3.
With pilot product Wild Cash offering Quiz-to-Earn and other gamified learning experiences, having attracted over 2 million members to the community, Hooked is aiming at forming an engaging ecosystem of community-owned economies by facilitating and optimizing the on boarding flows for all Web3 pathfinders.
Quick Fact About Hooked Defi
| Coin Basic | Information |
|---|---|
| DEFI Coin Name | Hooked Defi |
| Total Supply | 100,000,000 |
| Circulating Supply | 50,150,000.00 MRCR |
| Token symbol | MRCR |
| Source Code | Click Here To View Source Code |
| Explorers | Click Here To Visit |
| Twitter Group | Click Here To Visit Telegram Group |
| Documentation | Click Here To View |
| Official Project Website | Click Here To Visit Project Website |
Genesis
Hooked protocol, innovated with and originated for revolutionizing web3 applications growth tunnel, is aiming
to empower everyone with no prior experience to access, earn and own a share of crypto with gamified experience;
to enable and expediate developers and applications’ streamlined Web3 transformation;
to form a vibrant community with vast scalability and high engagements, leveraging decentralized social network and viral growth.
Mission and Genesis
Hooked Defi Protocol aims to build the on-ramp layer for massive Web3 adoption to form the ecosystem of future community-owned economies. They believe through gamified learning experience and paying out economic value back to users, they can
- empower everyone with no prior crypto experience to access, earn and own a share of crypto;
- enable and expediate developers and applications’ streamlined Web3 transformation;
- form a vibrant community with scalability and engagements, leveraging decentralized social network and viral growth.
With such a growing community, Hooked Protocol can form an ecosystem of community-owned economies.
Hypothesis and Approach
Despite the massive valuations of Bitcoin, Ethereum, and a handful of other Cryptocurrencies, the huge gap between technology innovation and actual adoption is causing the crypto native realm to stagnate, when the lack of new users remains a critical and unresolved challenge to the whole industry, and the inadequacy of Web3 application abundance on chain diminishes industry prospects.
However, potentials for intrinsically dynamic modern virtual economy after covid are recognized and scaled up, leading to upsurging demands for trusted cooperation and sustainable economic model in Web3.
Being the on-ramp layer, Hooked is
- targeting billions of Web2 internet users who can be onboarded to Web3;
- building tailored products offering gamified experience to grow the community with massive user adoption and Web3 education;
- integrating onboarding infrastructures for businesses on-ramp to Web3, to establish a cohesive ecosystem.
Build the On-ramp Layer
Hooked Defi launched the pilot DApp, Wild Cash, in Q3 2022, as the Web3 community gateway in emerging markets and tailored to grow the community with massive user adoption based on viral growth and user Web3 transformation, achieved through gamified crypto learning experience and other built-in Web3 mechanics.
Gamified Learning
Hooked adopts a streamlined education system combined with immersive (experience-based) learning and inquisitive (curiosity-based) learning, including:
- Gamified learning experience to impart web3 concepts with Quiz-to-Earn DApp Wild Cash;
- Web3 emulation experience allowing users to participate in the crypto buzz sectors such as NFT and GameFi;
- Innovative content including Hooked Academy short videos, community-formed DAOs, to enrich learning experience and reduce users’ learning curve in a fun and engaging way.
Hooked Tokenomics
The tokenomics of any protocol can never be too emphasized as it reflects the value flowing within the ecosystem, while also containing both the psychological and behavioral forces that could affect the value and sustainability of the ecosystem in the long term.
Hooked prioritizes the precautions of coping with token price fluctuations, emphasizing both liquidity and utility while maintaining stability and ensuring long-term sustainability.
Classic Web3 Mechanics
Classic Web3 mechanics are built in to educate users throughout their whole journey with Hooked products.
Quiz-to-Earn: Users get to start immersive Web3 learning and participate in the easiest way to learn Web3 knowledge while earning their first token prize by correctly answering quizzes.
PoWT (Proof of Work and Time) Mining Game: A game featured to incentivize users to contribute efforts and time within the platform, through the classic Proof-of-Work mechanism.
