TechFlow news, on November 23, according to an official announcement, Binance will launch its 29th Launchpad project, Hooked Protocol (HOOK), with a dedicated BNB sale. This sale will follow the subscription model based on users' average daily BNB holdings over the past seven days to determine individual subscription quotas. The BNB holding snapshot period will run from 08:00 on November 24 to 08:00 on December 1 (UTC+8).
Previously, on September 9, Binance announced that Binance Labs and Sequoia Capital's Seed Fund co-led the seed round financing of Hooked Protocol, a Web3 social network, with participation from A&T Capital and others. The funding amount was not disclosed. Hooked Protocol aims to build a token-economy-designed, community-driven social network offering gamified user experiences. The team is currently integrating wallets and decentralized identities (DID). Hooked Protocol will initially launch on BNB Chain and later expand to other Layer 1 blockchains.Original link
