@steemhunt announced they are starting the process of being listed on Daybit. The first step is an Initial Exchange Offering. This will create the Hunt token which will be on Daybit along with, possibly, some other exchanges.
There are a number of other tokens associated with Steem applications that are going to be following this path also. Please bear in mind this is NOT the Smart Media Token protocol. This is being done while waiting for that to be developed. The ERC20 protocol is being used.
The IEO will take place in 3 stages in March. It will kick off the second week in March and proceed the ensuring two weeks. There is a total of $1M being raised with coins going for $.02 apiece.
The full details along with other information can be found in the @steemhunt post.
Since they joined the Steem ecosystem, the Steemhunt team showed themselves to be forward thinking. They amassed one of the largest delegations from the community by offering out tokens for delegations. Now they are going to be the first Steem based token that is listed on an exchange (outside STEEM). In addition, a number of other projects such as Dlike, Actifit, and eSteem also are following suit. Over the next couple months, we should see them having IEOs of their own.
I am very interested to see how the reach of Steemhunt expands over the next 45 days because of this move.
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