What is the reason for hook, which has made many people optimistic about him recently.
Let's first observe the recent positive results of the public currency of the project party.
1. Announce the proposed hook 20 proposal, which means that the hook will be used as a gas token in the ecosystem in the appchain, and give more ecological applications, using the currency as gas, which is equivalent to repurchase + burn, which is conducive to the long-term steady rise of the currency price.
2. Jointly launched a $50 million education ecosystem with a number of educational institutions**. It shows that it attaches great importance to education, and the hook itself belongs to the education sector, which can be understood as the project party is taking money to do practical things.
3. Announced a partnership with Google Cloud, where HOOK will revolutionize Web3 education through AI-driven innovation, integrating Google Cloud's cutting-edge AI solutions. AI can be regarded as the hottest sector this year, and Hook found that this sector shows that it has the potential for long-term development.
4. The current market value of Binance's IEO project, HOOK, is still in a relatively low state, and in the long run, there is still a lot of space on it.
What is the future of hooks?
First of all. HOOK is the governance token of the platform, which can be used for community governance voting, and it is also the gas token of the application, and the DApp built on the HOOK platform needs to use the HOOK as the gas for on-chain transactions, and community members can obtain the corresponding rights in the form of incentive tokens or NFT medals.
At present, Hook's first pilot product, Wildcash, allows users to complete tasks and obtain corresponding rewards through the gamified learning Xi function, and the official launch of Hooked 20 proposals, through a new social system to incentivize users to learn Xi web3 and obtain benefits.
Secondly, hooked 20 is a system that expands with current educational products and establishes the world's largest sociological Xi metaverse system, bringing a new sociological Xi experience to participants. In addition, the system gives more application scenarios to the HOOK token, including application support for the HOOK token, as well as staking and rewards, etc., which can complete the stability and enhancement of the value of the token.
Binance hook, edu, arkm, m**, id. Binance invested in Arkm, Edu, and ID went up, leaving M** and HOOK. Now the market value of hook is lower than m**, He Yi's girlfriend department.
After hook was launched on Binance, the token** showed a trend of rising first and then falling, which was mainly caused by the flight of early profits. However, the token ** has also gone through about 10 months of consolidation, the main force has basically completed the absorption operation, and the trading volume and ** have also been gradually amplified in the near future, that is, it is possible to usher in a wave of rise in the near future