As a researcher who has spent years studying blockchain projects and their impact on communities, I must say that the Hamster Kombat ($HMSTR) debacle is one of the most disheartening incidents I have witnessed. Having closely followed the hype surrounding this project for months, I cannot help but feel a pang of sadness at the turn of events.
Originally viewed with excitement, Hamster Kombat (HMSTR) turned into a contentious topic following its launch on September 26 at 12 PM UTC (5:30 PM IST). Now, the hashtag #HSMTRSCAM is dominating Twitter as disillusioned users voice their frustration.
After several months of active involvement, numerous individuals express a sense of deception, having been awarded minimal token value, sometimes just $2, in return for their hard work. These devoted users invested six months of their time completing tasks, playing games, and advocating for the project, yet found themselves unrewarded in the end.
A major issue stems from the airdrop distribution. Twitter users like Pushpendra Singh have accused the project of unfairly disqualifying 63% of participants from receiving tokens. While loyal community members got meager rewards, influencers, and YouTubers reportedly received millions of tokens with little effort.
To compound the dismay, $HMSTR experienced a 50% plunge within merely 7.5 hours, trading below its pre-market value. Unlike other cryptocurrencies on the TON blockchain, $HMSTR failed to gain any initial momentum and instead started to nosedive sharply. This steep descent can be linked to the community’s dissatisfaction with the airdrop and their lack of enthusiasm for staking, causing numerous investors to offload their tokens.
Some individuals have experienced technical problems such as network congestion following the airdrop, which has tarnished the reputation of Hamster Kombat even more. Now, the community is encouraging others to bar the project’s automated account and avoid engaging with its social media platforms.
With each passing day, the project’s future appears more unpredictable as speculation about #HMSTRSCAM remains a prominent topic in digital discussions.
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2024-09-27 10:17