Hamster Kombat: From Shaved Hamster to Biggest Airdrop Ever
The most popular Telegram tap-to-earn game announced the airdrop date. While the app remains popular, there are some concerns about its sustainability.
The most popular Telegram tap-to-earn game announced the airdrop date. While the app remains popular, there are some concerns about its sustainability.
Hamster Kombat, a crypto exchange CEO simulator, has become one of the most popular mini-games on Telegram, with self-claimed 300 million users. Now, the project aims to set a new record— the largest airdrop in crypto history. The team has been teasing users with the upcoming token generation event (TGE) since mid-June and has finally announced the big day: September 26.
$HMSTR airdrop will be integrated with The Open Network. So far, the project has announced only one exchange to list $HMSTR after the TGE – OKX, but other major players are expected to follow soon. Currently, $HMSTR is available on Bybit for premarket trading. At the time of writing, it was trading at $0.14.
Earlier, we observed that 60% of the total supply is expected to be distributed among the players, with the rest reserved for further ecosystem development. The token allocation will depend on airdrop points which will be calculated for each player based on six criteria, including friends, game progress, Telegram premium subscription, etc. One of the factors will be ‘keys’ — assets that users can earn via third-party game integrations.
The integrations through the keys mechanism are the forerunners of the Hamster Kombat’s future. The project claims to be creating a platform for crypto games on Telegram, aiming to become a holistic gaming publishing ecosystem that will expose game studios of different sizes and cater to all gaming platforms. The platform already promotes nine third-party non-Telegram games of relatively small scale.
“We are confident that our games will bring over 1,000,000,000 users to the blockchain in the next year. Combining Web2 and Web3 mechanics, we will… start the new era in mass adoption,” - the project whitepaper.
So far, the team has managed to keep users involved by constantly introducing new features and expanding the ecosystem. Apparently, the upcoming airdrop is the most powerful motivator for keeping users engaged, although its delays, along with the fact that the team is anonymous, have raised some ‘trust issues’ among users. Another niggling detail is that the team still hasn’t released a full whitepaper, which could address concerns about the sustainability of $HMSTR tokenomics.
It is unclear whether Hamster Kombat will withstand the test of time after the airdrop or if it’s destined to follow a common hype Ponzi-like project trajectory: rapid peak and equally rapid decline. For example, the trail-blazer among Telegram-based clickers, Notcoin, has already seen its native token falling by 40% from its ATH and its prospects are far from rosy.
Anyway, the airdrop won’t be the final point in the CEO hamsters’ journey. The team promised that the game development would go on and there would be season 2 for players. Besides, at the end of July, the founders said they are already planning for a second airdrop in the next two years.