Wild Cash The Ecoinomic

What is Wild Cash?

A project introduced by Launchpad on Binance, Hooked Protocol is a learn-to-earn DApp called Wild Cash. After only three months since its release (during the third quarter of 2022), Wild Cash has risen to the top 1 ranking among web3 applications on Google Play in Indonesia, with over 50,000 daily users and 2.5 million monthly active users. This app is not yet available for other operating systems; it is only on Google Play. Download the app from this page if you use Google Play to take advantage of all of its features.

Basic information about Wild Cash

Website: https://wildcash.xyz/
Category: Learn to Earn, GameFi
Availability: Google Play
Chain: BNB Chain
Knows: Knows Wild Cash
Features: Quiz to Earn, Mining game, Referral, Staking, Swap and Transfer

WildCash Features:

Quiz-to-earn: Users can earn cryptocurrency rewards for participating in the challenge of answering questions that test their knowledge of cryptocurrencies from easy to difficult levels. Each level will have 10 questions and you must answer each question within 60 seconds. If you answer all the questions correctly, you will receive a reward of HGT (Ecoinomic will explain what HGT is later in this article). Depending on the difficulty level of the challenge, you will receive a different amount of HGT.

PoWT (Proof of Work and Time) Mining Game: The PoW system will provide incentives to players. To speed up digging, the amount of HGT earned should be spent to enhance the axes and trolleys that are used as digging tools. Due to the PoWT process, each account’s mining time will be restricted after 24 hours from the miner’s minting.

Social Referral: Users who recommend the app and attract new users can earn prizes.

Stake, Swap and Transfer: With Hooked Wallet, users can swap, stake, and transfer assets in addition to owning crypto wallets and storing crypto assets.

Tokens in Wild Cash

HOOK: governance token that reflects the value of the Hooked Protocol ecosystem
HGT (Hooked Gold Token): is a utility token, received when participating in tasks and features in the game. Use HGT to access events, experience features, and upgrade in-app items
uHGT: is an unlocked HGT token, HGT is converted to uHGT at a ratio of 1:1, but users must have a minimum of 800,000 HGT to be able to swap to uHGT. This is the only token in the game that can be swapped directly to BUSD

Step-by-step directions for creating a Wild Cash account

To install the app, enter “wild cash” into the search bar on Google Play and then click “Install.”

2. Register an account and select a display language.

3. Select your name and gender.

4. A successfully created account

Guidelines for using Wild Cash’s features

Quiz to Earn

This app’s primary goal and function are to enable users to earn as much HGT as they can by participating in and training for various crypto market knowledge test questions. Economic has found through extensive testing that Wild Cash’s questionnaire is not varied and frequently repeats the same questions, so users can save these for later use.

Select “Play Now” to join the challenge and get HGT
To qualify for the bonus, users must respond fully and accurately to 10 successive questions. Click “Submit” and “Next” to proceed to the following question after selecting the right response.

Everyone who participates and successfully answers every question receives an equal share of the bonus money in Quiz to Earn.

Join “Play Now” in the Training Camp area if you are unsure of your knowledge and wish to practice more. You will obtain the number of HGT in this area for each practice level corresponding to the level’s difficulty.

Mining

Axe or cart-based mint NFT toolbox is used for mining in the HGT mode. The users of these NFTs must upgrade them using HGT tokens in order to speed up mining. Even when the user closes the app because they are too busy, these NFT toolboxes still enable mining to occur automatically. Users can manually mine with NFTs by clicking on the “Tap” item; each click counts as one mining in addition to letting NFTs do it automatically. The quantity of coins that can be mined with NFTs is equal to the quantity that can be mined manually.

Go to the NFT Toolbox and choose NFT.
Mines can be opened by clicking “Mint.” Following minting, all NFTs are subject to a 24-hour waiting period before making the following mint.

Social Referral

A simple way to increase passive HGT count is to recommend this app to your friends and encourage them to use it daily. You will then receive 8% of the commission they claim (previously 5%). If your friends download the app according to the referral link and successfully create an account, you will receive 30,000 HGT/referral.

At “Referral”, select Invite Partners
Share with your friends by copying the link.

Refer Wild Cash to your friends to get free HGT

Staking

To optimize the number of tokens received, users can leave HGT to stake in the Staking Vault section of the Wallet section. Staking Process: GOLD (HGT) swap to BUSD, then BUSD is staked by adding pool on BNB Chain. The APY of this pool is currently 9.75%.

Click “Go” next to the Staking Vault icon
Enter the amount of GOLD (HGT) you want to add to the pool and select “Stake Now”

Users can withdraw or harvest GOLD at any time through:

Harvest Yields: Harvest GOLD staked
Unstake All: Withdraw all staked GOLD

Swap token uHGT to BUSD

To swap the tokens you receive into BUSD, you must first convert HGT to uHGT. The action steps are as follows:

In the Wallet section, select “Exchange”
Enter the amount of HGT you want to convert to uHGT with the ratio 1:1, the minimum is 800,000 HGT. Then select “Exchange”.

Continue to transfer a certain amount of uHGT to BUSD using the “Swap&Transfer” option. You won’t be able to complete this transaction if there is insufficient uHGT to convert to BUSD, as indicated by the message “Insufficient uHGT.”
Although the option to withdraw BUSD to the Binance exchange is not yet available, it undoubtedly will be in the future given that Binance Labs is one of the two major investors in the Hooked Protocol.

Summary

Users can join the Wild Cash initiative for free, and by doing so, they can both learn more about the cryptocurrency market and increase their ability to make money. The idea will eventually allow users to withdraw tokens straight to the Binance exchange. Wild Cash is projected to have significant growth in the future as the first product of the Hooked protocol.