Binance Hooked Protocol Quiz Answers
Learn about Hooked protocol and get 0.6 HOOK worth approx 1.8 dollars You can find Binance Hooked protocol quiz answers here after the quiz goes live.
You can begin to read the articles and watch the videos anytime from now and complete the quiz when it is available till SOL token supplies last.
Rewards are already fixed and will be available on a first-come first-serve basis and they can claim the reward only after completing the quiz.
| Rewards | 0.6 HOOK token |
| Staking period | 150 days, get 10% APR |
| Link | Binance HOOK quiz |
| Quiz available from | January 30, 2023 |
What is Hooked Protocol (HOOK)?
Hooked Protocol encourages people to adopt web3 technology by offering rewards for completing learn and earn tasks that are provided on its learning platform.
In short, it gives more education about the technology so that it becomes easier for people to use and understand Web3. Their goal is to make web3 more accessible and user-friendly for everyone.
And it is achieved through three approaches. First, they create innovative products that help people to learn. Second, they use a social referral system, and finally, they provide onboarding solutions for businesses so that they can use and benefit from them.
Which token does Hooked Protocol use? there are two tokens HOOK and HGT, the former is its utility token and the latter is its governance token.
Currently, HOOK is used for reward staking, accessing NFT mints, and community event privileges, in certain in-app purchases it can be used as currency.
Binance Hooked Protocol Quiz Answers
Q1. What is Hooked Protocol?
Answer: Web3 Gamified Social Learning Platform
Q2. What is the first pilot app of Hooked Protocol？
Answer: Wild Cash
Q3. What is the latest number of monthly active users of Wild Cash?
Answer: Over 3 Million
Q4. What network did Hooked Protocol first launch on?
Answer: BNB Chain
Q5. How many Hook will be in the circulating supply upon listing?
Answer: 10% of total supply
Q6. How does the Hooked token structure work?
Answer: There is an only utility token uHGT
Q7. Which one of the following is the HOOK token function?
Answer: All are correct
Q8. Hooked Protocol is building the on-ramp layer for massive Web3 adoption, providing tailored Learn & Earn products and onboarding infrastructures for users & businesses to enter the new world of web3. True or false?
Answer: True
Q9. Who are the target users that Hooked Protocol will provide services to fulfill the mission?
Answer: All are correct
Q10. What are the highlights of Hooked Protocol achieved so far?
Answer: All are correct
