BNB
by BSC News
October 27, 2022
Days after its launch on BNB Chain, Hooked Protocol has become the second-ranked dApp on any chain, in terms of Unique Active Wallets.
Hooked Protocol surpassed 50,000 Daily Active Users on the first day it launched on BNB Chain. Designed to help Web2 users transition to Web3, the project’s community has continued to grow.
Currently, more than 215,000 unique active wallets (UAWs) have interfaced with the project’s smart contracts in the past 24 hours, making it the top project on BNB Chain, according to DappRadar. Among all chains, the project’s UAW count is second only to GameFi Metaverse Alien Worlds.
BNB Chain took notice of the “impressive growth” of Hooked Protocol, as Wild Cash, the first application built on Hooked, ranked first amongst Gaming apps in the Indonesian Google Play Store.
Binance Labs, the investment arm of Binance, co-led the project’s seed-round investment.
Hooked Protocol is a community-driven social protocol with an on-chain tokenomics design. Users can learn, earn, and enjoy a gamified experience in the Hooked ecosystem. The applicability of Hooked Protocol is defined by three key pillars: identification, engagement, and attribution. The project is integrating wallets and decentralized identifiers (DIDs) into the Hooked ecosystem, allowing users to access their Web3 identities automatically.
Where to find Hooked Protocol:
Previously known as the Binance Smart Chain (BSC), BNB Chain is a community-driven, decentralized, and censorship-resistant blockchain that is powered by Binance. It consists of BNB Beacon Chain and BNB Smart Chain, EVM compatible and facilitating a multi-chain ecosystem. Through the concept of MetaFI, BNB Chain aims to build the infrastructure to power the world’s parallel virtual ecosystem.
Find more about BNB Chain here:
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