Top water poppers and frogs must be the most difficult self ties to create. My friend Joe Ackourey's father was a master tier of deer hair bass frogs / poppers. They ran a sporting goods store and Joe had told me that it's a lost art, simply not worth the time put in to create them and sell them at a reasonable price.
I'm a huge fan of top water poppers for panfish and bass. I've used many brands and types, Boogle Bugs being my current favorite. I can't even tie a fly much less figure out how to insert rubber legs into a body that floats and will hold up after fish attack it several times. Most of what I have now are balsa, cork or some form of synthetic plastic body.
I have a couple that have the little wire or heavy mono hook guard, they work but they're not really weedless. If you're going to be throwing a fly style frog into muck nothing is really weedless, is it? I think the closest thing to a truly weedless frog would be the spin fishing frogs like a scum frog or S-Pro frog but I've had a terrible hook up ratio with those, I've been told to wait before setting the hook after a strike but it's still at best a 50/50 hook up ratio for me.
Your frog is original in that I don't recall ever seeing a side hook. I agree that the hook gap is kind of small in relation to the body but it might be more weedless, if the body is soft it can collapse on a strike exposing more of the hook similar to the soft body spinning frogs.
Has anyone ever considered creating a frog fly with the hooks on top?