HUNT token is an ERC20-based cryptocurrency designed as the primary medium of exchange within the Hunt Town ecosystem. It accelerates builder onboarding, facilitates Web3 tool adoption, and powers the guild’s decentralized infrastructure. With a permanently fixed supply and no future minting capabilities, HUNT ensures scarcity and utility across multiple applications.
Core Features of HUNT Token
Base Token for Building NFTs
- Required for minting HUNT Building NFTs (ERC721).
- Users lock 1,000 HUNT tokens for one year per NFT minted.
- Tokens are released upon NFT burning after the lock-up period.
Key Currency for Hunt Town Tools
- Used in no-code/low-code Web3 tools developed by guild members.
- Functions as payment, reward, or liquidity vehicle in partner platforms.
Fair Launch Mechanism
- Supports community-driven token generation events (e.g., Mint Club’s MINT token distribution).
- Encourages decentralized participation without preferential treatment for teams/investors.
HUNT Token Use Cases
1. Building NFT Minting
The Town Hall Contract (0xdC5c31B0e0cA00FbC9e2C506414e50a8Cd6D605C) automates the binding of HUNT tokens to Building NFTs:
- Lock-up: 1,000 HUNT tokens locked per NFT.
- Release: Tokens returned after 1 year upon NFT burning.
- Immutable: No admin controls or upgrades; fully transparent on Etherscan.
👉 Explore Hunt Town’s smart contract security
2. Mini Building NFTs
HUNT serves as the base asset for Mini Building NFTs:
- Creation: 100 HUNT tokens locked per Mini NFT.
- Redemption: 95 HUNT tokens returned upon NFT sale (5% fee).
- Platform: Managed via Mint Club’s bonding curve.
3. Partner Integrations
Nomadtask
- Task rewards paid in HUNT tokens (lower fees vs. ETH/BTC).
- Workers convert earnings to HUNT, ETH, or other cryptos.
Neverlose Money
- Gamified HODL protocol with HUNT as the primary lock-up asset (~93% TVL).
- Breaking penalties fund bonuses for long-term holders.
Tokenomics: Fixed Supply & Demand
- Total Supply: 198,912,688 HUNT (cap enforced by burned minting permissions).
Demand Drivers:
- NFT minting/lock-ups.
- Partner platform integrations (e.g., Mint Club, Nomadtask).
- Community-created tokens/NFTs (e.g., meme coin HEPE).
Fair Launch Model
Mint Club’s MINT token distribution exemplifies HUNT’s role in fair launches:
- Swap Event: 10.7M HUNT burned for MINT tokens (1:100,000 ratio).
- Community-Driven: No private sales; initial supply set by public participation.
👉 Learn how Hunt Town fosters decentralized growth
FAQs
1. Can more HUNT tokens be minted?
No. Minting permissions were permanently removed to enforce the 198M cap.
2. How do Building NFTs work?
Each NFT locks 1,000 HUNT for 1 year. Tokens are retrievable by burning the NFT post-lock.
3. What’s HUNT’s role in Mini NFTs?
Mini NFTs require 100 HUNT to mint; 95 HUNT are returned upon sale.
4. Why use HUNT over ETH in partner tools?
Lower fees, guild-specific utilities, and integration incentives.
5. Is HUNT used outside Hunt Town?
Yes—platforms like Nomadtask and Neverlose Money accept HUNT for payments/TVL.
By combining scarcity, utility, and community governance, HUNT token empowers Web3 builders within Hunt Town’s ecosystem. Its fixed supply and multi-platform integrations position it as a sustainable, demand-driven asset for decentralized collaboration.
For the latest updates, refer to Hunt Town’s official documentation.