As a researcher with years of experience in the cryptocurrency and gaming industry, I have witnessed numerous projects rise and fall. However, none has left me as baffled and disheartened as Hamster Kombat.
Behind the mind-boggling figures of Hamster Kombat – 300 million participants, 60 billion tokens, 131 million qualifiers, and 2.3 million suspended accounts – unfolds an epic story filled with excitement, anticipation, frustration, and shattered aspirations.
Originally billed as the highly anticipated play-to-earn cryptocurrency game on Telegram, Hamster Kombat has found itself in hot water due to accusations of unfair practices. As the airdrop scheduled for September 26 approaches, there’s a palpable sense of disillusionment among users, as the hard-earned millions and billions of $HMSTR points have proven to hold minimal value.
Since its debut in March, this game has rapidly gained massive popularity worldwide, boasting over 300 million players across regions such as Russia, Iran, Africa, and South Asia. Yet, the notion that playing a crypto-based video game would instantly turn everyone into a millionaire has proven to be entirely unfounded.
Consequently, social media has transformed into a contested zone for disgruntled gamers who are venting their frustration towards the hamster team on platforms like X. Hashtags such as #justiceforHamsterKombatplayers and #HamsterKombatScam have gained traction, with numerous users alleging that the game’s management is wasting their time. This is ironic given the circumstances. Initially a bustling community, Hamster Kombat is now serving as a warning tale in the crypto world.
Why Are Hamster Kombat Users Angry?
In Hamster Kombat, an incredibly popular game with more than 300 million users, players have been working diligently for over five months to boost their “hoursly point” (Hourly Points) score, a metric emphasized by the developers as crucial. However, it was later revealed that in-game tokens were distributed based on “key collections” rather than Hourly Points.
Due to these intrinsic rules structure, several players were disqualified from the much-anticipated Season 1 airdrop. This move left many players feeling betrayed and their efforts wasted.
Furthermore, the administrators of the game penalized approximately 2.3 million players for employing dishonest strategies to amass hamster keys. Additionally, those assigned to the airdrop expressed dissatisfaction due to minimal compensation following their hard work.
Users are expressing their frustration on social media platforms, stating they spent numerous hours, even entire days, accumulating HMSTR points, only to find out these points weren’t as valuable or rewarding as initially anticipated. Additionally, users have raised concerns that certain influencers, who allegedly did no work within the game, received substantial amounts of $HMSTR tokens through referral programs.
As a crypto investor, I’ve been left feeling disheartened because the team enacted vesting on our tokens without consulting us first. This means that on the day of listing, we can only claim approximately 88.75% of the HMSR tokens, with the remaining 11.25% being released after a period of ten months.
Why Only 131 Million Users Qualified for Airdrop?
Many players were surprised when Hamster Kombat announced that only 131 million players would be eligible for their airdrop. While Hamster Kombat didn’t reveal the specific reasons behind this decision, it appears to be related to several factors such as regulating token supply, recognizing and rewarding active users, and managing the economic consequences of the airdrop event.
🛡️ Keeping Hamsters Safe 🛡️
— Hamster Kombat (@hamster_kombat) September 23, 2024
Additionally, it seems that the decision proved detrimental for the team, sparking worry among the community about Hamster Kombat.
Let’s Be Honest : Tap-to-earn games have no real value
The Hamster Kombat saga highlights a broader issue with these play-to-earn games. These simplistic models focus on short-term incentives and instead focus on building long-term, value-driven models.
Instead of concentrating on meaningless clicking over actual gameplay or talent enhancement, they build an inflated sense of worth based on artificially generated interest, which could easily pop when the initial excitement wears off.
Additionally, Vitalik Buterin, co-founder of Ethereum, has expressed reservations about projects without substantial worth. According to him, a successful cryptocurrency venture needs to have a clear purpose, stimulating tasks for the community, and a robust infrastructure.
These initiatives could transform into advanced, eco-friendly ones by incorporating specific elements. To start, these projects need to prioritize intricate game dynamics that recognize talent and tactic. Additionally, enhancing the economic system of the project is crucial, ensuring a balance between distribution and sustainability over time.
Furthermore, it’s important to incorporate authentic community activities and learning opportunities within the project to ensure it offers more than just potential profits. Lastly, the project should prioritize openness during game creation and token allocation processes.
How Hamster Kombat Price Will Perform After Listing?
In light of the upcoming listing of the HMSTR token and given the ongoing debates, its price could undergo substantial fluctuations in the early stages.
To provide some context, both Notcoin and Dogs had a successful airdrop before, but following their listing, their prices plummeted significantly. As we speak, Notcoin is nearly 73.57% below its peak price, while the DOGS token is almost 48.34% lower than its record high.
In simpler terms, if a similar situation arises with HMSTR, investors may observe a significant drop in price. Yet, vesting could serve as a protective buffer during this fall. Following the uneven distribution of Season 1, the enthusiasm for the Hamster Kombat Season 2 airdrop among players appears to be low.
Conclusion
The experience with Hamster Kombat has underscored the fact that there’s no such concept as ‘free money’ in the realm of cryptocurrency. This hamster-themed project was quite a thrilling yet tumultuous journey for investors, imparting a crucial lesson – successful long-term ventures require robust models and sustainable ecosystems. After the recent airdrop fiasco, it’s evident: not everything that sparkles in the world of blockchain is genuine crypto wealth.
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2024-09-24 10:14