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HUNT Business Development Fund Relocation to Expand the HUNT DApp Ecosystem

Hunt Town

Feb 10, 2022

HUNT is an ERC20 token based on the Ethereum network. It is designed to fuel and bridge the social-based decentralised platforms under the HUNT DApp community. The basic tokenomics of HUNT is to socially connect users in the blockchain environment.

Today, we have relocated 10,000,000 HUNT tokens (5.2% of the current circulating supply) from the business development fund wallet (0x9AAb071B4129B083B01cB5A0Cb513Ce7ecA26fa5) to the 0x2BD8F551978e0ef7b04432EF7C10143Fd91719D5 wallet in order to expand the HUNT DApp ecosystem. We are going to use this fund for the following purposes:

Improve the institutional investors and partnership network
Increase the liquidity of DEX (Decentralised Exchange) trading pairs
Enhance the CEX (Centralised Exchange) network
Prepare for the HUNT DApp Network rebranding project

Over the past 4 years, we have become one of the leading social DApp providers and HUNT Network already has many successful social DApps in its ecosystem. With the rapid rising SocialFi market trend, we will mould the HUNT DApp ecosystem to lead the social blockchain market.