PANews reported on February 4 that in response to questions about the investment share and token unlocking of Hooked Protocol (HOOK), Dovey Wan, founding partner of Primitive Ventures, responded in the community Space: "Primitive Ventures' valuation when investing in Hooked Protocol was $30 million, and the token unlocking cycle is the same as other VCs, starting at the end of 2023."

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

In response to the "Binance Labs bestie" incident rumored in the market, he said that he is an investor in the market, while He Yi is the founder and has multiple children. These have led to a long "psychological distance" between him and He Yi, and it is difficult to say that the two are in a "bestie" relationship.