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Hamster Kombat Announces Details of 60 Billion Token Airdrop

Posted on by angelo
Hamster Kombat Announces Details of 60 Billion Token Airdrop

Full summary

  • 60 billion HMSTR tokens (60% of total supply) will be airdropped after Season 1
  • Only 43% of total users (131 million out of 300 million) qualified for the airdrop
  • 88.75% of allocated tokens can be claimed immediately, 11.25% are acquired for 10 months
  • 2.3 million users banned for cheating
  • Hamster Kombat Claims This Will Be the “Largest Airdrop in Crypto History”

Hamster Kombat, the popular Telegram-based crypto game, is preparing for what it claims will be the “largest airdrop in crypto history.”

The game’s developers have announced details of their token distribution, which will take place on September 26, 2024.

The game, which has gained popularity in the Web3 space, has over 300 million users. However, only 131 million users, or about 43% of the total user base, have qualified for the upcoming airdrop. This revelation comes after the team banned 2.3 million accounts for suspected cheating.

Of the total 100 billion HMSTR tokens, 60 billion (60% of the total supply) will be distributed during this first airdrop. The remaining 15 billion tokens are reserved for the upcoming Season 2 of the game.

This allocation strategy aligns with the Hamster Foundation’s previous statement that the majority of token volume would go directly to players.

The team has implemented a token transfer mechanism for the airdropped tokens. Eligible users will be able to claim 88.75% of the tokens allocated to them immediately after the airdrop.

The remaining 11.25% will be subject to a 10-month vesting period, and will be available in July 2025. The decision has sparked mixed reactions within the community, with some players expressing disappointment at not being able to access their full allocation on day one.

The HMSTR token will be issued on The Open Network (TON), although its initial value remains unknown until trading begins.

The Hamster Kombat team stressed that there has been no early investment or venture capital involvement in the token, stating that “there is no additional selling pressure” and that the value of the token will be determined solely by market forces and community interest.

This airdrop comes on the heels of another major token distribution in the Telegram gaming space. Last week, the Catizen game faced backlash from its community following unexpected changes to its airdrop criteria.

The Hamster Kombat team appears to be facing similar challenges, with some players expressing concerns about the weight given to various factors in determining airdrop allocations, particularly the emphasis on friend referrals and key acquisitions.

Despite these concerns, the scale of the Hamster Kombat airdrop is remarkable. With 60 billion tokens set to be distributed, it represents a significant moment in the crypto gaming landscape.

The game’s rapid growth, which has amassed hundreds of millions of users in just 81 days, has caught the attention of industry figures.

Telegram founder Pavel Durov suggested that the game’s success could significantly contribute to broader adoption of Web3 by introducing millions of new users to cryptocurrency.

As the crypto gaming industry continues to evolve, the Hamster Kombat airdrop serves as a prime example of the opportunities and challenges inherent in distributing tokens to a massive user base.

The coming weeks will likely provide valuable insights into the impact of these large-scale airdrops on user engagement, token economics, and the overall health of crypto gaming ecosystems.

As the drop date approaches, all eyes will be on Hamster Kombat to see how this massive token distribution plays out and what it could mean for the future of Web3 gaming.