Wow! Steem-Engine, SMTs and now... the HUNT Platform!

Once upon of time there was a SMT whitepaper.

Steemit Inc. used this whitepaper to guide their development of SMTs, but at some point they halted development, due to bear-market reasons.

Not long after, Aggroed and Matt, who already had an epic success with Steem Monsters, decided to step in, and use the same whitepaper but create their own platform.

This is how Steem-Engine got born, but after finding a great collaboration with @harpagon, who had created the sidechain they are using.

Now we all know quite a few interesting tribes based on Steem-Engine SCO tokens.

In the meantime, Steemit restarted development on SMTs as well, and in fact they recently finished them! Just two more big steps before they become effective on the main Steem network:

• testing them on the testnet (at least 3 months)
• hardforking Steem to include SMT updates

So everyone already has gotten used that we will have two smart token-like platforms: SMTs on Steem and Steem-Engine on its own sidechain and with their smart contracts.

Well... not so fast!

It turns out we will have at least one more platform.

Steemhunt announced Steemhunt 2.0 and plans for their new HUNT platform.

The new HUNT platform will not work on Etherium and it will not work on Steem. It will work on Luniverse Chain, which is a blockchain as a service "run by Lambda 256 which is a subsidiary of Dunamu, the owner of Upbit crypto exchange".

Furthermore,

By using Luniverse, HUNT Platform can form its own main chain with numerous side chains that have a value pegged to the main token. HUNT token will be a key currency of the HUNT Platform, and each DApp can use its own token if it needs a separate or additional token structure. HUNT main token functions directly in each DApp, or becomes a vehicle token to swap or back the value of DApp tokens.

Steemhunt will still issue a SMT token named STH, and anyone who wants to swap some or all of their HUNT tokens to the new STH SMT token can do so. They actually have set pretty much all the details for the new STH token:

1. Steemhunt Token (STH) will be issued based on the SMT (Smart Media Token) system.
2. HUNT main token holders will be able to choose to swap some or all of their HUNT tokens to the SMT based STH tokens with a ratio of 1:10 (the amount of swapped HUNT tokens will be burned).
3. The initial token supply of STH will be the sum of the total STH tokens swapped from the HUNT holders.
4. After the initial STH tokens are issued, the annual inflation and reward pool will begin. The reward split between hunters and curators will be 50:50.
5. The 50% ecosystem and community building HUNT bounty distribution will be finished at the end of the STH token swap period, and the leftover HUNT tokens will be burned (32.9% of tokens have not been released yet as of October 9, 2019).
6. The new interface will be applied - community-based moderation system and new voting/ranking system.

The current ERC20-based HUNT tokens will be will be swapped with the Luniverse based HUNT tokens during 4Q 2019.

The roadmap for the HUNT platform includes IdeaHunt, of which we already knew, but also something new: Intime platform - which will provide a way for users to buy/trade time with influencers. Quite an interesting idea!

HUNT platform may include 3rd party services as well, in the future:

HUNT Platform will become a DApp alliance that enables the intangible value of early-adopters to be turned into a tokenized asset. HUNT Platform will constantly invite 3rd-party services that can be aligned with the HUNT token economy as well as developing DApp services directly.

The entire announcement is interesting to read. I urge you do read it, if you have the slightest interest in the HUNT project:
https://steempeak.com/hunt/@steemhunt/steemhunt-2-0-and-new-hunt-platform-is-coming