Analysis of Hooked Protocol: Gateway to Web3 with Learning and GameFi (2024 - 07/2025)
Data updated until 07/2025 and is just basic information about the project to help ease basic evaluation – Not investment advice 😊
---
🌟 Project Overview
@HookedProtocol is a Web3 platform on the BNB Chain, launched in 2022, focusing on education and GameFi to attract new users to Web3. With products like Hooked Academy, Wild Cash (Quiz-to-Earn), and Hooked Wallet, the project combines gamified learning with Learn-to-Earn and SocialFi mechanisms. From 2024 to 07/2025, Hooked Protocol expands Hooked 2.0, collaborating with over 50 ecosystems like @SuiNetwork, @ton_blockchain, and @zen_chain, attracting over 10 million users and 1.5 million Web3 learners.
---
🕒 Important Timeline
- June 2024: Launch of Hooked 2.0 Alumni System, partnering with @SuiNetwork and @Scallop_io to promote Web3 education.
- September 2024: Integration with @ton_blockchain, launching stable swap project and airdrop tokens for Hooked SBT holders.
- December 2024: Collaboration with @Stake_Stone and @TeaFi_Official, organizing holiday cheer campaign and airdrop of 1,000 USDC.
- January 2025: Launch of Hooked Wallet v2, integrating AI-agent social learning platform, supporting cross-chain transactions.
- April 2025: Deployment of Hooked Academy Sensei, offering AI-driven quizzes and NFT medals for learners.
- July 2025: Collaboration with @InferixGPU and @zen_chain, launching decentralized GPU power and Bitcoin-Ethereum interoperability, enhancing Web3 mastery.
---
🤝 Strategic Partnerships
- @SuiNetwork: Integrating Hooked Academy to educate Web3 on the Sui ecosystem.
- @ton_blockchain: Supporting stable swap and mini-app on Telegram, enhancing UX.
- @zen_chain: Integrating Bitcoin-native EVM Layer-1, promoting cross-chain education.
- @Stake_Stone: Supporting staking infrastructure, providing yield assets for Hooked users.
- @binance: Supporting token sale (11/2022) and integrating $HOOK into Binance Pay.
These partnerships help Hooked expand Web3 education, DeFi, and AI integration.
---
💰 Tokenomics & Current Price
- Token: HOOK (BEP-20), used for governance, gas fee, staking, and NFT privileges.
- Total supply: 500 million HOOK, circulating supply ~269.69 million (07/2025).
- Mechanism: $HOOK used for governance, gas fee on Hooked rollup, and staking rewards. $HGT (Hooked Gold Token) is a utility token in the ecosystem, reducing price risk.
- Current price (07/2025): ~0.0971 USD, market cap ~34 million USD, 24h trading volume ~11.67 million USD.
- All-time high (ATH): ~4.06 USD (February 2023).
- All-time low (ATL): ~0.0678 USD (December 2023).
The price of HOOK increased ~14% in 7 days but decreased 98% from ATH, reflecting market risk.
---
📈 Revenue & Profit
According to DeFiLlama, Hooked Protocol records annual revenue of about 2.5 million USD from on-chain transaction fees and Learn-to-Earn products like Wild Cash. Revenue is distributed to the treasury and staking rewards. Hooked does not disclose specific profits as it is a decentralized protocol. The project raised 3 million USD through token sale (11/2022), supported by Binance Labs, Sequoia Capital, and Whampoa Group. The treasury funds airdrops, hackathons, and Hooked Academy.
This data is from third-party sources and may sometimes contain errors for various reasons, possibly from the project, changes in the project, or API issues,... so please use it for reference only.
---
🛠 Products & Technology
- Hooked Academy: Web3 education platform with Quiz-to-Earn, integrating AI-agent learning.
- Wild Cash: GameFi app with Proof-of-Work-and-Time (PoWT), achieving 3 million MAU.
- Hooked Wallet: Crypto wallet supporting cross-chain, integrating Web3 social graph.
- Hooked Soulbound Token (SBT): Non-transferable digital identity, enhancing community trust.
- Application Rollup: Rollup infrastructure on BNB Chain, optimizing fees and transaction speed.
Hooked's technology stands out with gamified learning, SocialFi, and a user-friendly Web2 interface.
---
🗺 Future Plans (Roadmap)
- Q3-Q4 2025: Launch of Hooked Application Rollup, supporting dApps with $HOOK as gas token.
- AI Integration: Expanding AI-agent learning with @InferixGPU, targeting decentralized AI education.
- Community Growth: Organizing Unitour and hackathons, airdropping 2,500 $HOOK.
- Cross-Chain Expansion: Further integration with @SuiNetwork, @ton_blockchain, and @SolanaFoundation.
- SocialFi Development: Improving Hooked Wallet v2, enhancing monetization capabilities for social graph.
---
🚀 Opportunities
- Web3 Onboarding: Gamified learning and SocialFi attract Web2 users.
- Large community: 168K followers on X, 33K Telegram members, reflecting strong support.
- Partner ecosystem: Collaborating with 50+ projects (TON, Sui, Monad) increases outreach potential.
- Potential market: The crypto market is projected to reach 13.18 billion USD by 2030 (CAGR 12.5%).
⚠ Challenges
- Fierce competition: Facing Learn-to-Earn platforms like BitDegree and Step App.
- Price volatility: HOOK price decreased 98% from ATH, high market risk.
- Technical complexity: SocialFi and rollup infrastructure may be hard to access for new users.
- Lack of team transparency: Anonymized team, only revealing 3 members (Jason Y., Mike Y., Jess L.), raising concerns about reliability.
---
🎯 Conclusion
@HookedProtocol is revolutionizing Web3 onboarding with Learn-to-Earn and SocialFi, attracting over 10 million users through Hooked Academy and Wild Cash. From 2024 to 07/2025, the project will launch Hooked 2.0, integrating with @zen_chain, @InferixGPU, and @ton_blockchain, while expanding AI-driven learning. Despite facing price volatility and competition, Hooked has the potential to lead Web3 education thanks to its gamified UX and strong partner ecosystem. 🚀
#hookedprotocol #hook #Web3 #GameFi#SocialFi #Crypto
---
References:
- Hooked Protocol Official Website
- Hooked Protocol X Posts
- CoinMarketCap
- CoinGecko
- Blogtienao
- DeFiLlama