TechFlow News — Web3 social network Hooked Protocol has recently launched on BNB Chain, surpassing the milestone of 50,000 users. Hooked Protocol stated that its network will expand to other Layer 1 networks such as Solana and Avalanche in the future.
Previously, it was reported that Web3 social network Hooked Protocol completed a seed round funding, with undisclosed amount, led by Binance Labs and Sequoia Seed Fund. The funds will be used to accelerate hiring, research and development, and other early-stage operations.
Notably, Hooked Protocol aims to build a token-economy-designed, community-driven social network offering gamified experiences for users. The team is currently integrating wallets and decentralized identities (DID).Source
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