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For the uninitiated, the complexity of cryptocurrencies has been a steep barrier in onboarding. Hooked Protocol efficiently combines the learning of the cryptocurrency environment with GameFi.
The size of the global cryptocurrency market is set to rise to $13.18 billion by 2030, surging at a compound annual growth rate (CAGR) of 12.5% in the forecast period (2023–2030). However, despite the volume, the mainstream adoption of the technology is too slow.
Launched in late 2022, Hooked Protocol is a gamified social learning platform building an interactive and gamified on-ramp layer for new users to hop into the Web3 world. The focus is on encouraging massive Web3 adoption by onboarding users through education that is engaging and keeps the users hooked. Running on the BNB Smart Chain, the protocol also deploys the learn-and-earn concept.
As an experience-based Web3 education platform, Hooked Protocol opens the doors of the innovative Web3 ecosystem to a largely untapped audience. It seeks to resolve major challenges hindering Web3 adoption, namely the lack of adequate Web3 education and high barriers to entry. Through a gamified experience, one can learn how to acquire, hold, trade and profit from a cryptocurrency.
The protocol enables and accelerates the Web3 transformation of developers and applications. Capitalizing on decentralized social networks, it helps build a thriving community with scalability.
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