Hook completed a funding round led by Collab + Currency and Lattice, raising $3 million.
3 million Dollar Funding Round Completed and Hook Treasure Hunt Begins!
Other investors who contributed to the funding, which will be used to build the NFT-native options protocol, included Slow, Sfermion, Maven11, Contrary and gmoney, jdh, Salvino D’Armati, Flamingo DAO, Neon DAO, and The LAO.
With this, the firm announced that it would launch the Hook Treasure Hunt. The main objective of the hunt, which starts today, is to reward early adopters of building liquid options markets on the platform.
The Treasure Hunt
To join the Hunt, go to Hook.xyz right away. Once your wallet is connected, you can start finding treasure right away. The rarer the treasure you find, the more it depends on how often you’ve used Hook on testnet and mainnet, done business with other NFT finance protocols, and stored valuable assets in your wallets. However, this is only the initial step of the hunt. In the protocol, the majority of the treasure is concealed.
About Hook
The NFT-native options protocol is Hook. Options are great because they help both short-term investors and long-term holders. Hook enables speculators to profit from a collection’s volatility by trading options and enables NFT holders to earn upfront ETH by writing call options.
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