Steemhunt: What can a HUNT token be worth?

in #exyle5 years ago (edited)

IMG_5539.jpg


Steemhunt for me is one of those projects on Steem that is always working hard in the background trying to make their platform better and focusing on that completely.

I have been a (small) sponsor (I'm 1 out of 255 sponsors) from the start with a 1000SP delegation but that small delegation has been churning away in the background resulting in a nice amount of HUNT tokens:


Screenshot 2019-03-16 at 09.25.36.png


Cool!

But I have some more tokens because they did an Airdrop on SP holders for a while in 2018. If you logged into the site and claimed the airdrop you got HUNT tokens one to one with your SP.

Apparently back then I had a 130,858 SP.


Screenshot 2019-03-16 at 09.24.15.png


So I currently got around 170k HUNT tokens.


Screenshot 2019-03-16 at 10.02.23.png


What can a HUNT token be worth?


Now it's getting interesting.

Steemhunt is currently running a IEO on the ICDM exchange and three more will follow on other exchanges.

An IEO is different from a ICO and comes with several benefits:


a. Tapping on the existing user base of the exchange to obtain contributions for the IEO.

b. Preventing a “Gas War” between sale participants, assuming the exchange is not decentralised (till date there have been no IEOs conducted on decentralised exchanges).

c. Making it significantly more difficult to scam contributors who know that they can only purchase the token from the exchange.

d. Functioning as a vote of confidence from the exchange and sponsor, which has to conduct its own due diligence on the developer’s project.

e. Listing on the exchange where the IEO has been carried out is a natural next step.

SOURCE


The IEO proofed to be successful considering they sold out in 3 minutes here.


Screenshot 2019-03-16 at 09.27.45.png


As you can see people were willing to pay $0,02 for a HUNT token in the first IEO.

Does that mean that after the 4 IEO's HUNT tokens will be worth at least $0,02?

I'm not sure, I guess it depends on what the result will be of the next 3 IEO's and what the current holders of HUNT want to do with their tokens (dump or hold).

But I will most likely hold on to mine.

For me, Steemhunt is looking like one of those projects that could really lift off and so far they keep delivering on their promises.



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Nice number of tokens :)
It is much harder to get those now. They have been cutting rewarding tokens in the previous month or two a lot. Both, on sponsors and activities. So you have a nice ammount there!

The power of SP :)

"Steemhunt is looking like one of those projects that could really lift off and so far they keep delivering on their promises."

As you mentioned, they have been delivering (on schedule) almost everything they promise, and that is very valuable within the crypto space... Trust is an enormous factor around here!
Just like you, I intend to hold my tokens too.

Even then your 170k would be worth 3400 $ which is really nice they were worth nothing 3 weeks ago. I am happy with my 12k

Posted using Partiko iOS

wahhh wahhh im a baby and i want free airdropped tokens even if i didnt use steemhunat wahh wahhhhhhh

AHHHHHHHHHHHHHHHHHHHHHHHH

FEED ME TOKENS

12k... steemhunt tokens right? so $240 worth? And how much did that cost, did you have to delegate? What steps did you have to do beyond holding SP?

Im happy with t he sense tokens i bought on bancor, sense eos chat app been pumping 35% two days in a row now....

Also demonstrates the demand for great projects and the value of our community which is probably a fundamental part of the value seen. As these projects continue to deploy tokens, the ecosystem will benefit to their develoment!

Posted using Partiko iOS

I made like 150 HUNT tokens with the SP airdrop back in August, but I currently have 14.2k because I posted voted and commented a lot. I'm holding to them and I'm hoping and wishing the best for SteemHunt.

Posted using Partiko Android

I think the tokens will dump, not because its a bad project, but all the free hunt tokens that were given out during the air drop. Once all those people looking to make a quick buck from there free tokens have sold the market will recover nack to 2 cents or greater.

No idea if this will actually happen, but will be watching the price and buying small amounts of hunt below the 2 cent mark.

Posted using Partiko Android

what ever the price will be it will be a great start :)

I'm keeping hold of mine too :0)

HUTNers?

Lol, choices choices!!! Hutners might be a tad safer!!

AWw wtf so @steemhunt didnt actually airdropon Steempower holders? They made you login and complete some extra step to claim it? Itd be nice to actually do a real airdrop where you actually get the token and donthavbe to compleet extra steps that you couldnthave known about in the past... i mean whatsthe point of having SP if we cant claim airdrops because we didnt atcually login to the site in 2018? comeon they should just airdrop to SP holders fairly and do it 1:1 and let us claim them indefinitly... i mean if they reserved tokens for SP holders.... where are they? they must have only reserved a small amount, i dont like they calling it an airdrpp when its just more of a giveaway

Thanks so much for your great article and always big support for SMT projects including us :)

And thank you guys for working hard on this project!

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