The popular Web3 game Hamster Kombat, with an impressive user base exceeding 300 million, recently revealed that it has turned down numerous funding proposals from top crypto venture capital firms. The decision was made to safeguard the interests of the player base and maintain the primary focus on rewarding players through actual gameplay, instead of facilitating venture capital liquidity exit via the user base, as has occurred in several other crypto ventures.
The identities of the venture firms showing interest in funding the game, which operates on the Telegram platform, were not disclosed by the Hamster Kombat team. Furthermore, the developers shared that 60% of the forthcoming Hamster Kombat token (HMSTR) would be set aside for players. The remaining tokens would be allocated for liquidity, future partnerships, in-game rewards, and the game’s overall development.
As the game continues to draw users and solidify its standing in Web3 gaming, the upcoming airdrop – dubbed the “biggest airdrop in crypto history” by the developers – is eagerly awaited. Back in July, Hamster Kombat’s user count surpassed the 300 million mark, up from the 239 million achieved in just 81 days from the launch. Both the in-house team and Telegram’s founder, Pavel Durov, have enthusiastically promoted the game as a key catalyst for encapturing hundreds of millions onto the blockchain platform.
Prominent crypto exchange ByBit has already initiated pre-market trading of HMSTR on its over-the-counter platform, giving users an opportunity to acquire Hamster Kombat tokens before the official exchange launch. ByBit acknowledges the potential influence of OTC trading on the final listing price of HMSTR, but envisages other factors shaping up the spot trading price once the token is formally released.
However, Hamster Kombat’s swift rise has not been entirely smooth, as its abundant community has drawn the attention of malevolent participants and fraudsters staging fictitious HMSTR token airdrops. These fraudulent actions have been so extensive that the game’s team felt compelled to release a notice on Telegram to alert users about any entities purporting to sell the Hamster Token, which is still to be launched.