Hunt

What is Hunt?

Hunt Town emerges as a dynamic Web3 builders guild, uniting individuals dedicated to fostering the growth of Web3 culture and products. This exclusive guild caters to Web3 builders engaged in the creation and operation of diverse projects, including apps, services, tools, platforms, and communities within the Web3 ecosystem. At the core of Hunt Town's initiative is the establishment of a collaborative engine that empowers builders through co-building activities facilitated by the Town Hall Contract and the BUILD Point system.

Addressing the Need for Hunt

Founding or participating in a Web3 project presents formidable challenges, often exacerbated by a lack of industrial experience and legal support within the Web3 system. It is akin to constructing a road with limited visibility on a foggy morning, where uncertainty looms just five meters ahead. Hunt Town aims to fill this void by creating a private guild for Web3 builders, fostering an environment of cooperation, resource sharing, and the formation of cross-teams for various projects. The objective is to forge a non-legally mandated association of Web3 builders actively involved in shaping the Web3 ecosystem.

What Makes Hunt Unique?

Hunt Town introduces a unique ownership model, combining fungible and non-fungible tokens, centered around the Building NFT. To become a member of this private guild, individuals must acquire a Building NFT by locking up 1,000 HUNT tokens. Notably, these tokens serve as a binding mechanism within the Building NFT and are not a form of payment for team funding. After a one-year lock-up period, users can retrieve the locked-up HUNT tokens by burning the Building NFT.

Owning a Building NFT grants access to collaborative efforts with other Web3 builders, enabling participation in personal projects and wider guild initiatives. Active guild members stand to benefit by earning BUILD points, enhancing their activities within the Hunt Town guild. Additionally, members gain privileged access to Hunt Town tools such as Dixel Club and Mint Club, amplifying their capabilities within the community.

BUILD Points and Token Utility

The guild employs the BUILD Point system to facilitate co-working among Web3 builders. HUNT Building NFT holders earn BUILD Points through daily distributions via the Town Discord Bot, promoting engagement and collaboration within the guild. BUILD Points, while devoid of cash value, find utility in various aspects such as tipping, purchasing event tickets, running reward-based tasks, seeking technical assistance, participating in raffles, accessing paid tools, and scheduling coffee chats with fellow builders.

The HUNT token serves as the foundational cryptocurrency in the Hunt Town ecosystem, functioning as the primary currency for minting HUNT Building NFTs and accessing Hunt Town tools. It operates as a fair launch token across platforms targeting guild members, and its role extends to binding within the Town Hall Contract during the minting process. The lock-up mechanism ensures the integrity of the system, with the HUNT tokens being automatically returned upon burning the Building NFT after the designated lock-up period.

Project Development

Mint Club proudly unveils Version 2 (V2) after a year of rigorous research, prototyping, and overcoming protocol design challenges. Mint Club V2 introduces several key features. Notably, it offers a Customizable Bonding Curve Wizard for unique token designs, creator-friendly tools such as Airdrop, Lock-up, and Free Minting, and multi-chain support across 7 EVM-Chains with flexible ERC20 Token Base-Asset options.

The Mint Club protocol facilitates the creation of customizable tokens or NFTs backed by bonding curves. Creators can select any ERC20 token as their base asset for the bonding curve pool, spanning platforms like Ethereum, BNBChain, and more. This eliminates the need for manual liquidity pool setup.

Distinguishing Mint Club V2 from its predecessor, V1, the new version enables the creation of ERC20 and ERC1155 assets on various platforms, including Ethereum, Optimism, Arbitrum, Base, Polygon, Avalanche, and BNB Chain. It introduces customizable bonding curve designs with adjustable step-based parameters, offering enhanced flexibility and creativity for creators.

As a testament to Mint Club V2's capabilities, KuroKoin has been launched on the Bonding Curve by SHHAN, the platform's launching partner. Originating in South Korea, KuroKoin, a joyful Memecoin, utilizes the Arbitrum chain and $ETH as its base asset, marking its global presence in the Web3 space.

Hunt Price Analysis

As of December 21 2024 Hunt has a marketcap of $62M. This is {{percentagefromath}} from its all time high of $1.46. In terms of its tokenomics, there's a total supply of 199M with 100% currently outstanding. Keep in mind Hunt has a fully diluted value of $62M which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.

Summarized in part by ChatGPT 4 and Claude