Hooked protocol (HOOK)- A new project on Binance launchpad.

7 67
Avatar for Amjad_Ali_Waince
1 year ago

25-11-22

Exchanges always keep attractions for users to be intacted and on board mostly. These app offers different promo's and give aways in this regard. Binance is big name in Crypto exchanges which also gives different opportunities to the users. It can be as crypto box , $ 1 game , free NFT, refferal bonus, woodel , launch pool , learn & earn , farming and launch pad where users participate and get free Crypto.

Binance announced its 26th project on launchpad. It comes after long interval and I think after GMT launch it is biggest opportunity for binancians.

Hooked protocol with utility token $HOOK has been announced on binance launchpad.

It is in preparation for a week where users asked to stack BnB for subscription. A fair offer for minimum 0.1 BnB and maximum $15000 ( BnB) for one user.

Hook project offers 25000000 tokens at the price of $ 0.1/ 1 HOOK initially will be to grab.

Users asked to commit BnB against their interest and daily snapshot of spot wallet will be taken by system till next seven days. The 5% of the total supply will be distributed to users who commits BnB according to share.

Launchpad.

It will be first of December 2022 at 11.00 UTC when officially subscription period will end and system will calculate the share of each participant according to BnB commit. Same day after some four hours token distribution will resume and within next two hours all the transactions will be completed.

The Hook token will be available for trade with BTC, USDT, BnB and BUSD pairs effecting from first December 16.00 UTC. The users who missed the ride could be able to buy on spot trade. Also the BnB remain after deducting in committing will be available in spot wallet to buy in initial stage.

Photo source.

The full token release will be completed in 7 year time and last token will be released in December 2029. The share of binance launchpad , private sale, core team and community divided according to white paper schedule.

Private sale price has been limited from $0.6 to $0.8 which means those who will participate in launchpad has chance to gain good returns.

How launchpad works.

Adding here the info about the binance launchpad algorithm that how it works. Clearly can see the transparency of system that how it calculate against the commit BnB and average daily BnB snapshot and then BnB deductions for launchpad tokens.

Useful links.

Website: hooked.io

White paper: hooked.io/ whitepaper

Tweeter: Tweeter/ hooked.io

Discord: hooked.io/ hooked room

Binance research report: Binance report

Early to go , more chances to get best rewards but It is not a financial advise. Do your research before any investment in Crypto. No liability for any lose.

I am thankful to you for your kind time to read it . Like upvote and leave a comment for feedback.

Follow me here,

Tweeter |readcash |noiseapp

Images: All images are taken from my binance account.

@Amjad_Ali_Waince

15
$ 0.73
$ 0.40 from @TheRandomRewarder
$ 0.05 from @esmeesmith
$ 0.05 from @Shohana
+ 7
Sponsors of Amjad_Ali_Waince
empty
empty
empty
Avatar for Amjad_Ali_Waince
1 year ago

Comments

Oh it is pretty nice to be acknowledge from what is heppenig in the world of crypto but I don't use binance now a days I ams seeking about staking rewards on Coinbase which are pretty rewarding and fun 😊 don't forget to leave your comment about staking sir .

$ 0.00
1 year ago

So what will be price if we will take part in thus Launchpad!

$ 0.00
1 year ago

That is above my knowledge and understanding 😜... Though I read it twice to understand but the terminology used is is above my understanding as I have been learning.. All I know Binance is the best. Anyways Thankyou for sharing

$ 0.00
1 year ago

Binance had a option " launchpad" where people buy tokens before trade start. Then once trade start they sell on high rate. As now we can buy hook on launch pad at 0.1 but on December 1 when trade will resume on spot then the price will be 0.6-0.8 .

$ 0.00
1 year ago

Ohhh. It needs BNB which I don't have, unfortunately

$ 0.00
1 year ago

Binance is just being unstoppable. This new project is going to be successful with the strong reputation of the company. Let's see what happens in the near future

$ 0.00
1 year ago

I will try on that and hoping for the best and good as well for the new project and lets see

$ 0.00
1 year ago