TLDR
- Hamster Kombat, a popular Telegram-based game, has turned down venture capital offers.
- The game has attracted over 300 million users since its launch.
- 60% of the upcoming HMSTR token will be reserved for players.
- Hamster Kombat is planning what it calls “the largest airdrop in crypto history.”
- The game has faced challenges including scams targeting its players.
Hamster Kombat, a rapidly growing Telegram-based game, has made waves in the crypto gaming world by rejecting venture capital funding offers.
The game’s developers recently announced that they have “turned down every single one” of the proposals from top crypto venture capital firms.
The decision to forego VC funding stems from the team’s commitment to prioritize their player base. By rejecting outside investment, Hamster Kombat aims to maintain its focus on providing a meritocratic gaming experience that rewards active participation. This approach stands in contrast to many other crypto projects that rely heavily on venture capital.
Since its launch, Hamster Kombat has seen explosive growth. In July, the game reported surpassing 300 million users, a significant milestone in Web3 game development.
This rapid expansion has caught the attention of both players and potential investors.
The game’s upcoming HMSTR token distribution reflects its player-first philosophy. The developers have allocated 60% of the token supply to the player community.
The remaining 40% will be used for various purposes including providing market liquidity, future partnerships, in-game rewards, and ecosystem development.
Hamster Kombat is also generating buzz with its plans for what it describes as “the largest airdrop in crypto history.”
While specific details are yet to be revealed, the team has stated that all player activities within the game will contribute to airdrop points. These points will determine each player’s share of the airdrop.
The game’s success has not come without challenges. As Hamster Kombat’s popularity has grown, it has become a target for scammers and malicious actors. Players have faced phishing attacks and fake airdrop schemes, prompting the development team to issue warnings and safety guidelines.
Crypto exchange Bybit has listed HMSTR for pre-market trading on its over-the-counter (OTC) platform, allowing users to secure tokens before they become available on traditional exchanges. However, Bybit has noted that this early trading could potentially affect the token’s final listing price.
Hamster Kombat’s approach to game development and token distribution has drawn attention from industry figures. Telegram founder Pavel Durov has highlighted the game as a promising opportunity to introduce blockchain technology to a wider audience.
The game’s popularity extends beyond the crypto community. By leveraging Telegram’s large user base, Hamster Kombat has the potential to onboard new users to Web3 technologies. Justin Hyun, Director of investments at TON Foundation, described Telegram as a “Trojan horse” for mass blockchain adoption.
Despite its success, Hamster Kombat has faced some regulatory challenges. Players in Uzbekistan and Iran have reportedly encountered issues, highlighting the complex regulatory landscape for crypto games.
