First Round Delegation Renewal Application - Steemhunt

Project Information

Please limit your responses in this section to 140 characters.

Company name: HUNT
Place of Incorporation: South Korea
Token name (if applicable): HUNT
Token Type (ERC20, Steem-Engine, SMT etc.): ERC20
Project Type (for profit business, flagging project, community, others please specify): For Profit Business

Existing Delegation Received

When did you get the delegation?
June 1st, 2018
Under what terms did you receive the delegation?
To build early users
What was the intended purpose for the delegation?
There are no terms
How have you applied your delegation for that purpose?
We contacted Ned Scott directly via his email.
How long are you requesting the continuation with the delegation?
1 year

Market

Please limit responses to 300 characters.
What problem is the product/project solving?

The goal of HUNT platform is to expand the passion of tech product lovers into a practical form of services for product makers, so that their new product launching can be far more impactful on a global level.

Core Team Details

Please limit responses to 500 characters for each team member.

Write short summaries about each core team member including their achievements to show they have a strong track record. Add links to their LinkedIn profiles to this section.

DongHyeok Kim (Co-founder, development)
+10 years of full-stack dev
+5 years as start-up founder
University of Sydney (C.Science)
(prev) Co-founder at Notivo
https://www.linkedin.com/in/sydneyitguy/

YoungHwi Cho (Co-founder, design/marketing)
+6 years of product dev
+3 years as start-up founder
Ohio State University (Business)
(prev) Canon Korea
https://www.linkedin.com/in/andrewyhc/

SungWoo Park (development)
+5 years of full-stack dev
+3 years as start-up founder
Johns Hopkins University (C.Science)
(prev) Co-founder at Sketchware
https://www.linkedin.com/in/sungwoopark95/

Jay Kim (Community Manager)
+15 years of brand strategy
COO at Bonnemere Co. Ltd.
https://www.linkedin.com/in/zionopia/

Mahesh Shrestha (Social Marketing)
+5 years of affiliate marketing
Co-founder at Tech Vumi
https://www.linkedin.com/in/mahesh-shrestha/

Minimum Viable Products

Please limit responses to 500 characters per product.

Provide links to your minimum viable products and describe it. If it is not available, please describe it and include how you plan to build it and when it will be built.

Steemhunt - https://steemhunt.com/
Reviewhunt - https://review.hunt.town/
HUNT Platform - https://token.hunt.town/

Business Strategy

Please limit responses in this section to 250 characters per question.

Fiat Revenue Strategy: [E.g. We plan to sell NFTs which represent in-game items for US Dollars]
Steemhunt is an ad-free and self-sustainable community which works as a base layer for our platform. Our strategy is adding new DApps and 3rd-party services on top of the Steemhunt community with a built-in business model.
Our second DApp, Reviewhunt, charges two types of fees to a Maker who creates a campaign as below: 1) Platform fee: Reviewhunt charges an 8% platform fee across all Campaign Budgets. 2) Accounting⁄Conversion fee: Reviewhunt charges an additional 12% fee across all Campaign Budgets for processing accounting procedures and⁄or converting between fiat and cryptographic currencies.
We offer three types of payment solution - Credit card (USD), Wire-transfer (KRW), Crypto (STEEM, BTC, ETH, HUNT), and convert the fiat-based money into HUNT token when we distribute the reward to hunters.
Fiat Revenue Projections in $/user every month: [E.g. $10/user]
Currently we have $150-$200 SBD ($123 - $164) total accumulated votings everyday on Steemhunt and we have about 1,770 monthly active users.
To roughly estimate, total revenue of all users per month = $150 * 30 = $4,500
Revenue per user per month = $4,500 / 1,770 = $2.54
How will your business strategy increase the amount of STEEM being powered up and/or burnt?
We don’t have a direct strategy in the purpose of locking up STEEM. Our core is to provide a service that brings users and value exchange.
What financial incentives are you willing to provide to Steemit, Inc. and/or the Steem Community in return for the delegation? i.e. What's your skin in the game? [E.g. project tokens, revenue-share, etc.]
(Without a return there's not a partnership, it's simply a contribution, and one that's easily left behind. In order to encourage businesses and communities to commit to the Steem blockchain and ecosystem long term there needs to be both a contract and a mutually benefical partnership.)
There are four main incentives for the Steem Community in return for the delegation:
1_ We provide simple and convenient Steem account creation (sign-up) interface via https://steemhunt.com/sign-up. So far a total of 3,821 new users signed-up via our interface. We also support each new account with a 15 Steem Power delegation for two months (it was originally one month, and increased to two months since August 7th, 2019). Check this post - https://steemit.com/steemhunt/@steemhunt/steemhunt-delegates-15sp-for-all-new-users-signed-up-to-enhance-its-onboarding-experience
2_ Steem Power delegators are receiving 20% yearly interest (mixed with STEEM/SBD plus HUNT tokens) for their delegation support. It is calculated on a weekly basis, and we distribute this interest every Monday. Check this post - https://steemit.com/steemhunt/@steemhunt/introducing-market-price-pegged-hunt-bounty-program
3_ Steemians who upvote hunt posts and comments via Steemhunt get 30% worth of HUNT token paybacks for their STU (Steem Token Unit) contributions (check the post above).
4_ We performed a 1:1 ratio airdrop for Steem Power holders with 20% of the total HUNT tokens issued. This airdrop ran for a month (From August 13th - September 13th, 2018), and any Steem Power holders were able to claim their tokens via our website interface. 6,373 Steemians have received a total of 18,195,638.51 HUNT tokens which is 18% of the total tokens we were initially allocated. Check this post - https://steemit.com/steemhunt/@steemhunt/hunt-token-airdrop-for-sp-holders-is-live-now-or-steemhunt-sponsor-report-16
Are you or how will you become financially sustainable once the delegation is removed?
We initiated Reviewhunt platform a month ago, and will improve our revenue stream to sustain our platform operation.

KPI Progress Measurement

Please limit each KPI description in this section to 100 characters.

Suggest at least 3 KPI’s per project with which to measure the progress of your project(s) in its(their) current phase. KPI’s must be measurable and objective (a percentage or numerical value), or binary (yes / no or completed / not completed).

Please note:

KPIs are to be reviewed and evaluated by the committee in the next quarter.
KPI descriptions shouldn't change without a change request form.
Targets will be adjusted every quarter in future appliction.
Refer to this post for sample/suggested KPIs.

KPI1 description: Revenue Generated
KPI1 target: Quarterly $15,000

KPI2 description: New Members - Steemhunt
KPI2 target: Quarterly 1,000

KPI3 description: New Members - Reviewhunt
KPI3 target: Quarterly 1,500

Token Offering (If Applicable)

If you are planning on offering a token, please fill out details below. Otherwise, if you haven’t tokenized, but still provide a service, please describe the service and the amount of that service that you’re offering to perform for Steemit and/or the Steem community in exchange for the delegation.

Token Details

This section is written based on our token offering that was initiated on March 14, 2019 (airdrops/reservations were initiated from May 22, 2018 - https://steemit.com/steemit/@steemhunt/announcing-hunt-token-airdrops-for-steemians-smart-media-token-project).

Please limit responses to each question in this section to 10 characters.

Token Launch date: Mar 14, 2019
Total Token Supply at launch: 500,000,000
Fundraising target (in order to fund expansion into the operational / project growth phase / mass market adoption): $550,000
Yearly inflation: 0
Percentage of total token supply that will be airdropped to ALL Steem stakeholders (a/k/a SP holders) in proportion to their SP: 20%
How many tokens and what percentage of your token supply will you offer Steemit Inc. / the Steem Community in exchange for the delegation? 100,000,000
Do you plan to launch an IEO, ICO, STO or other public token offering? Yes
Do you plan to raise money from other investors? No
What is the vesting period for the following:
a) Team members: 24
b) Early / seed round investors: 0
c) ICO investors: 0
What is the % token distribution to:
a) Team: 10%
b) Marketing: 20%

Delegation Request

Please limit responses in this section to 10 characters.

How much of a delegation are you requesting? Limit your requests to one of the three tiers: Top-Tier, Mid-Tier or Test-Tier.
Top-Tier
Specify the desired time frame for the delegation in 6 month increments: [E.g. 6 months, 1 year, etc.]
12 months (1 year)
Which one of the following answers best describes how the delegation will be used to add direct value to Steem:
A. It will be used to create new accounts. (V)
B. It will be used to give new accounts 15 SP to give them the resources needed to use Steem and purchase goods and/or services through our platform. (V)
C. It will be used to incentivize the creation of content that promotes Steem / your project on external platforms. (V)
D. It will be used to provide limited trial or discount services to clients to encourage them to hold Steem and delegate in the future.
E. Other: Please describe.

Agreement

We agree that our business will continue to leverage the Steem blockchain as long as we are receiving a delegation and 1 year following the removal of the delegation. During this time we also agree to promote the Steem blockchain as a valuable technological protocol that delivers unique value. We are willing to sign a legally binding contract with Steemit, Inc. to this effect.
Yes

Renewal Questions: Impact to Date Since the Start of Delegations

Table 1 (Totals)`

Quarter	Q4 2018	Q1 2019	Q2 2019	July 2019	August 2019
(1) # Users onboarded	2,137	4,801	2,928	627	580
(2a) Users (Steem)	6,518	14,643	8,930	1,912	1,769
(2b) Users (non steem)	105,279	444,521	1,650,897	60,171	48,646
(3) Impressions (page views)	4,096,977	4,889,410	3,011,490	201,165	142,010
(4) Value disbursed from delegation (USD)
(5) External Revenue (USD)					$10,500
(6) Steem Powered Up (Project Accounts)	10,000	10,000	30,000	10,000	10,000
(7) Steem Powered Up (Clients)
(8) Steem Power Delegated (Community)
(9a) KPI 1 (Revenue Generated)					$10,500
(9b) KPI 2 (New Members - Steemhunt)	2,137	4,801	2,928	627	580
(9c) KPI 3 (New Members - Reviewhunt)					721
(10a) Steem burned
(10b) SBD burned

Table 2: Steem Power Delegated Per Client (as of August 26, 2019)

User Name	Delegated
misterdelegation	2,033,154,493 VESTS (1,025,600 SP)
freedom	300,000,000 VESTS (151,331 SP)
tombstone	50,855,446 VESTS (25,653 SP)
cool191	38,704,461 VESTS (19,524 SP)
i-d	30,510,816 VESTS (15,391 SP)
bramd	20,378,685 VESTS (10,280 SP)
thomasmore	20,342,062 VESTS (10,261 SP)
orientaledu	12,181,834 VESTS (6,145 SP)
gamer00	11,911,579 VESTS (6,009 SP)
roelandp	10,171,230 VESTS (5,131 SP)
heeyaa35	10,165,219 VESTS (5,128 SP)
forykw	9,992,762 VESTS (5,041 SP)
ys1302	9,425,111 VESTS (4,754 SP)
themonetaryfew	9,084,466 VESTS (4,583 SP)
autorent	6,233,375 VESTS (3,144 SP)
warjar	6,083,197 VESTS (3,069 SP)
nateaguila	6,047,115 VESTS (3,050 SP)
azwarrangkuti	6,002,339 VESTS (3,028 SP)
fruitdaddy	4,497,322 VESTS (2,269 SP)
riseofth	4,369,252 VESTS (2,204 SP)
kevinwong	4,068,217 VESTS (2,052 SP)
taskmaster4450	3,998,223 VESTS (2,017 SP)
stoodkev	3,988,951 VESTS (2,012 SP)
tfame3865	3,986,664 VESTS (2,011 SP)
kouba01	3,577,858 VESTS (1,805 SP)
michelmake	3,574,678 VESTS (1,803 SP)
netaterra	2,998,427 VESTS (1,513 SP)
howtostartablog	2,500,000 VESTS (1,261 SP)
michelios	2,489,038 VESTS (1,256 SP)
bitrocker2020	2,440,174 VESTS (1,231 SP)
exyle.steemhunt	2,034,258 VESTS (1,026 SP)
mastertri	2,034,183 VESTS (1,026 SP)
zet	2,033,378 VESTS (1,026 SP)
aromi	2,032,572 VESTS (1,025 SP)
kview	2,032,327 VESTS (1,025 SP)
thegreatgatsby	2,031,709 VESTS (1,025 SP)
helix	2,029,278 VESTS (1,024 SP)
futile	2,027,721 VESTS (1,023 SP)
yangpankil27	2,018,715 VESTS (1,018 SP)
storysharing	2,018,492 VESTS (1,018 SP)
vimva	2,009,170 VESTS (1,014 SP)
zainenn	1,998,792 VESTS (1,008 SP)
xabi	1,998,742 VESTS (1,008 SP)
arcange	1,997,863 VESTS (1,008 SP)
gungunkrishu	1,997,785 VESTS (1,008 SP)
gentleshaid	1,996,810 VESTS (1,007 SP)
cryptocurator	1,996,606 VESTS (1,007 SP)
cryptospa	1,994,060 VESTS (1,006 SP)
project7	1,993,955 VESTS (1,006 SP)
toocurious	1,993,668 VESTS (1,006 SP)
nexgen	1,986,098 VESTS (1,002 SP)
shanibeer	1,984,117 VESTS (1,001 SP)
michealb	1,983,168 VESTS (1,000 SP)
khimgoh	1,422,023 VESTS (717 SP)
felander	1,197,650 VESTS (604 SP)
lotusofmymom	1,016,757 VESTS (513 SP)
heonbros	1,016,515 VESTS (513 SP)
teoit	1,016,478 VESTS (513 SP)
pandafam	1,016,436 VESTS (513 SP)
remnant39	1,016,375 VESTS (513 SP)
dragonticketer	1,016,295 VESTS (513 SP)
kibumh	1,016,269 VESTS (513 SP)
kgbinternational	1,016,097 VESTS (513 SP)
itshim	1,012,460 VESTS (511 SP)
freedomno1	1,011,668 VESTS (510 SP)
gwoo	1,011,347 VESTS (510 SP)
jznsamuel	1,007,001 VESTS (508 SP)
camzy	1,003,749 VESTS (506 SP)
bistonic	1,002,840 VESTS (506 SP)
abigail-dantes	1,002,254 VESTS (506 SP)
dmsqlc0303	1,001,732 VESTS (505 SP)
da-dawn	1,000,911 VESTS (505 SP)
hope-on-fire	1,000,911 VESTS (505 SP)
bryan-imhoff	999,588 VESTS (504 SP)
steemprotect	999,509 VESTS (504 SP)
raphaelle	999,509 VESTS (504 SP)
abh12345	999,387 VESTS (504 SP)
vlemon	999,151 VESTS (504 SP)
jongolson	998,245 VESTS (504 SP)
mcyusuf	998,114 VESTS (503 SP)
jahangirwifii	992,812 VESTS (501 SP)
armdown	813,662 VESTS (410 SP)
superoo7	809,067 VESTS (408 SP)
josalarcon2	794,921 VESTS (401 SP)
sambillingham	698,346 VESTS (352 SP)
ideas-abstractas	695,555 VESTS (351 SP)
yuriks2000	618,616 VESTS (312 SP)
yoon	614,281 VESTS (310 SP)
dreamien	610,234 VESTS (308 SP)
japanguide	610,098 VESTS (308 SP)
zorba	609,761 VESTS (308 SP)
hamismsf	601,252 VESTS (303 SP)
gadrian-sp	599,422 VESTS (302 SP)
mcoinz79	598,787 VESTS (302 SP)
samminator	596,902 VESTS (301 SP)
ocupation	596,711 VESTS (301 SP)
anomalogy	596,190 VESTS (301 SP)
mcfarhat	508,534 VESTS (257 SP)
joannewong	504,627 VESTS (255 SP)
zapncrap	499,730 VESTS (252 SP)
kevinli	497,928 VESTS (251 SP)
giovaabbatichio	496,825 VESTS (251 SP)
krevasilis	446,177 VESTS (225 SP)
ziscad	406,833 VESTS (205 SP)
romankibo	406,823 VESTS (205 SP)
deuksoo84	406,815 VESTS (205 SP)
thomas-bm	406,795 VESTS (205 SP)
revisesociology	406,759 VESTS (205 SP)
knight4sky	406,558 VESTS (205 SP)
rimowa	406,382 VESTS (205 SP)
espoem	404,937 VESTS (204 SP)
jeaniepearl	404,902 VESTS (204 SP)
acdevan	404,024 VESTS (204 SP)
lcc3108	403,583 VESTS (204 SP)
thethreehugs	403,364 VESTS (203 SP)
resiliencia	403,152 VESTS (203 SP)
pialejoana	402,948 VESTS (203 SP)
preparedwombat	401,534 VESTS (203 SP)
conradt	399,961 VESTS (202 SP)
jeronimorubio	399,843 VESTS (202 SP)
hctg85	399,591 VESTS (202 SP)
bozz	398,611 VESTS (201 SP)
eastmael	397,353 VESTS (200 SP)
elfman2018	349,843 VESTS (176 SP)
enolife	321,432 VESTS (162 SP)
stans	303,675 VESTS (153 SP)
gattino	299,866 VESTS (151 SP)
for91days	293,887 VESTS (148 SP)
ted7	284,633 VESTS (144 SP)
valth	223,766 VESTS (113 SP)
monkeydoo	213,477 VESTS (108 SP)
stokjockey	213,128 VESTS (108 SP)
chungjh	211,692 VESTS (107 SP)
soosoo	205,445 VESTS (104 SP)
leesongyi	203,784 VESTS (103 SP)
smartbear	203,426 VESTS (103 SP)
mellissaying	203,423 VESTS (103 SP)
kr-ebook	203,417 VESTS (103 SP)
wony	203,416 VESTS (103 SP)
dakeshi	203,416 VESTS (103 SP)
zaedol	203,413 VESTS (103 SP)
deanlogic	203,413 VESTS (103 SP)
gidung	203,406 VESTS (103 SP)
room9	203,404 VESTS (103 SP)
matildah	203,402 VESTS (103 SP)
hanen	203,392 VESTS (103 SP)
yann03	203,319 VESTS (103 SP)
kuberaleez	203,299 VESTS (103 SP)
ab7b13	203,287 VESTS (103 SP)
team101	203,228 VESTS (103 SP)
transcript-junky	202,970 VESTS (102 SP)
didic	202,944 VESTS (102 SP)
zoltarian	202,924 VESTS (102 SP)
sambasambo	202,444 VESTS (102 SP)
humptydumpty1	202,388 VESTS (102 SP)
mermaidvampire	202,387 VESTS (102 SP)
aurorax	202,171 VESTS (102 SP)
jibupune	202,151 VESTS (102 SP)
cryptouru	202,150 VESTS (102 SP)
parisfoodhunter	201,671 VESTS (102 SP)
normalbro	201,494 VESTS (102 SP)
jccr	201,479 VESTS (102 SP)
lobinia	201,476 VESTS (102 SP)
dwiitavita	201,472 VESTS (102 SP)
jpphotography	200,866 VESTS (101 SP)
jeffjagoe	200,848 VESTS (101 SP)
lucious	200,727 VESTS (101 SP)
rainieraveradio	200,727 VESTS (101 SP)
replayphoto	200,133 VESTS (101 SP)
peakreal1	200,086 VESTS (101 SP)
techcoderx	200,000 VESTS (101 SP)
followjohngalt	199,954 VESTS (101 SP)
torrey.blog	199,921 VESTS (101 SP)
nataboo	199,910 VESTS (101 SP)
juvyjabian	199,820 VESTS (101 SP)
shellyduncan	199,730 VESTS (101 SP)
d-zero	199,675 VESTS (101 SP)
paradigmprospect	199,649 VESTS (101 SP)
flash07	199,340 VESTS (101 SP)
absolutefive	199,271 VESTS (101 SP)
dune69	199,182 VESTS (100 SP)
caladan	199,182 VESTS (100 SP)
julietisrael	199,061 VESTS (100 SP)
jbeguna04	198,850 VESTS (100 SP)
mehdicrypto	198,773 VESTS (100 SP)
mobi72	171,233 VESTS (86 SP)
chrisli	151,915 VESTS (77 SP)
wilhb81	132,034 VESTS (67 SP)
daan007	121,754 VESTS (61 SP)
team2dev	101,541 VESTS (51 SP)
hungryhustle	101,330 VESTS (51 SP)
freyman	101,305 VESTS (51 SP)
hattaarshavin	101,222 VESTS (51 SP)
ericwilson	101,195 VESTS (51 SP)
itsravi	101,031 VESTS (51 SP)
moneyhacks	100,871 VESTS (51 SP)
bjornb	100,844 VESTS (51 SP)
lemmybe	100,783 VESTS (51 SP)
timmyeu	100,766 VESTS (51 SP)
elihs	100,698 VESTS (51 SP)
okahjul	100,031 VESTS (50 SP)
rehan12	99,718 VESTS (50 SP)
fillow	99,698 VESTS (50 SP)
anttn	99,357 VESTS (50 SP)
dumnebari	80,655 VESTS (41 SP)
randomgoodstuff	60,851 VESTS (31 SP)
shookriya	60,474 VESTS (31 SP)
steeemlover	60,370 VESTS (30 SP)
dray91eu	59,795 VESTS (30 SP)
celinavisaez	59,539 VESTS (30 SP)
simplymike	49,792 VESTS (25 SP)
rangertx	40,677 VESTS (21 SP)
onlyforyou	40,339 VESTS (20 SP)
xomegax	40,244 VESTS (20 SP)
earlmonk	39,941 VESTS (20 SP)
unicron	39,727 VESTS (20 SP)
tim3w4rp	30,512 VESTS (15 SP)
schroders	30,512 VESTS (15 SP)
ederaleng	22,144 VESTS (11 SP)
sal.tedder	19,967 VESTS (10 SP)
direwolf	10,601 VESTS (5 SP)
okekemmichael	10,169 VESTS (5 SP)
streetsmart	10,164 VESTS (5 SP)
doodleman	10,112 VESTS (5 SP)
coolguy222	10,002 VESTS (5 SP)
walterben	9,964 VESTS (5 SP)
thewhiter4bbitt	7,993 VESTS (4 SP)
anutta	4,197 VESTS (2 SP)
hensey	4,050 VESTS (2 SP)
fashionsteemit	3,044 VESTS (2 SP)
ciontheemrald	2,017 VESTS (1 SP)
aknirob	2,002 VESTS (1 SP)
just2random	1,993 VESTS (1 SP)
Total	2,746,347,224.46 VESTS (1,385,362 SP)