Binance Launchpad will launch Hooked Protocol (HOOK)

According to ChainCatcher news, Binance is about to launch its 29th Launchpad project, Hooked Protocol (HOOK), and will open a special BNB sale. This sale will be based on an investment model, and Binance will determine the user's investment limit based on their average daily BNB holdings over the past 7 days. The BNB holding snapshot period is from November 24, 08:00 to December 01, 08:00 (UTC+8).

Previously, ChainCatcher reported that on September 9, Binance announced that Binance Labs, along with Sequoia Seed Fund, led the seed round financing for the Web3 social network Hooked Protocol, with A&T Capital and others participating. The amount of financing has not been disclosed. Hooked Protocol aims to establish a community-driven social network with token economics design, allowing users to gain a gamified experience. The team is currently integrating wallets and DID. It is reported that Hooked Protocol will initially launch on the BNB Chain and will expand to other L1 blockchains in the future. (Source link)