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Dovey: I was not aware of Binance's launch of Hooked Protocol in advance. Primitive's unlocking cycle is the same as other VCs

2025-02-04 08:02

Odaily News In response to questions about Hooked Protocol's investment share and token unlocking, Primitive Ventures founding partner Dovey Wan responded in the community Space today that Primitive Ventures' valuation when it invested in Hooked Protocol was US$30 million, and the token unlocking cycle is the same as other VCs, starting at the end of 2023.

Dovey added that due to her sensitive relationship with Jason, the founder of Hooked Protocol (the two were once a couple), she deliberately did not participate too much in the project. She was even surprised after Binance officially announced the launch of Hooked Protocol, "Why was the product launched so early?"