Dovey Wan Clarifies Hooked Protocol Ties, Binance Launchpad Surprise

Coin WorldTuesday, Feb 4, 2025 3:32 am ET
1min read

Dovey Wan, co-founder of Primitive Ventures, recently discussed her relationship with Jason, the founder of Hooked Protocol, in a conversation on Space. Wan clarified that while they have exchanged insights since the inception of Hooked, their relationship has remained professional. Notably, the project was initially valued at $30 million, aligning with a vesting schedule consistent with other investors. Wan further emphasized that her distinct background precluded her from engaging in the fundraising phase for Hooked Protocol, as the project sought financial support. Additionally, she expressed her astonishment regarding the announcement of Hooked Protocol’s launch on the Binance Launchpad, highlighting the significant milestone in its journey. Such developments underscore the evolving landscape of cryptocurrency projects and the importance of informed investment in the sector.

In a separate statement, Wan responded to a series of questions during her participation in Space, stating that she has known Hooked Protocol founder Jason for many years. They exchanged ideas when Jason first started Hooked, but they were not in a romantic relationship at that time. The initial investment in Hooked Protocol valued the project at $30 million, with the same vesting schedule as other investors. Wan added that due to her unique background, she did not actively participate in fundraising for Hooked Protocol when the project was seeking financing. She was also very surprised when Binance announced the launch of Hooked Protocol on Binance Launchpad.

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