Hooked Protocol (HOOK) Was Launched on Binance Launchpad

Last updated:12/01/2022

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On 23 November, Binance announced that it will launch Hooked Protocol (HOOK) on the Binance Launchpad on 29 November. The launch will be followed up by the listing of HOOK tokens for sale on Binance.

Here are all the details of the token launch:

Token Name: Hooked Protocol (HOOK)
Launchpad Hard Cap: 2,500,000 USD
Hard Cap Per User: 10,055 USD (150,000 HOOK)
Total Token Supply: 500,000,000 HOOK
Total Tokens Allocated to Binance Launchpad: 25,000,000 HOOK (5% of Total Token Supply)
Public Sale Token Price: 1 HOOK = 0.1 USD (price in BNB will be determined prior to subscription)
Token Sale Format: Subscription
Supported Sessions: BNB only

The subscription timeline will take place over seven days and in four major phases, namely:

Preparation Period 2022-11-24 00:00 (UTC) to 2022-12-01 00:00 (UTC)
Subscription Period 2022-12-01 06:00 (UTC) to 2022-12-01 09:00 (UTC)
Calculation Period 2022-12-01 09:00 (UTC) to 2022-12-01 10:00 (UTC
Final Token Distribution 2022-12-01 10:00 (UTC)

Should You buy Hooked Protocol (HOOK) token on Binance launchpad?

The project Hooked Protocol is backed by two solid Venture capitalists – Sequoia and Binance. And since it is launching directly on Binance, I think it is definitely a good investment to make. You should consider participating in the HOOK token sale, if possible.

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How to get started with the HOOK token sale?

The only way to participate in the HOOK token sale is through Binance launchpad. To be eligible, you will need to hold BNB tokens inside Binance. The more BNB tokens you would hold, the higher allocation you would get.

Conclusion

Overall, the Hooked Protocol seems to be a promising addition to the cryptocurrency space that needs trustworthy projects today. Backed by Binance as well as Sequoia, this new protocol seems to be a great development that you should keep a close eye on.

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