Hamster

Hamster Kombat

Hamster Kombat, the rapidly growing tap-to-earn game, has made headlines with its decision to turn down multiple venture capital (VC) investment proposals.&nbsp;
In a&nbsp;<a style="text-decoration:none" href="https://t.me/hamster_kombat/282">recent statement</a>, the project affirmed its commitment to preventing its players from becoming exit liquidity for investors, a fate that has befallen other Web3 projects.
<h2 dir="ltr" id="span-span-rejecting-vc-investments-a-commitment-to-player-interests-span-span">Rejecting VC Investments: A Commitment to Player Interests</h2>
Hamster Kombat has amassed over&nbsp;<a style="text-decoration:none" href="https://www.wired.com/story/telegram-game-hamster-kombat-massive/">300 million users</a> since its launch. Their primary concern was to prevent players from becoming exit liquidity for backers.
&nbsp;
Hamster Kombat criticized other projects that, after securing funding and marketing their initiatives, leave their communities behind once the initial excitement fades. By rejecting VC investments, Hamster Kombat aims to avoid such pitfalls and maintain a player-first approach.
We stand against this practice.&nbsp;
<blockquote>
 “We want the web3 space to return to its fundamentals.” Hamster Kombat stated. “We invite founders and builders to focus on creating profitable businesses first. Build for your community and not for the investors.”&nbsp;
</blockquote>
With its "tap-to-earn" model the game wants to allow users to earn tokens through gameplay rather than through traditional investment channels.&nbsp;
<h2 dir="ltr" id="span-span-the-airdrop-a-game-changer-for-hamster-kombat-span-span">The Airdrop: A Game-Changer for Hamster Kombat</h2>
The Hamster Kombat team is preparing for what they describe as the "largest airdrop in the history of crypto." According to their&nbsp;<a style="text-decoration:none" href="https://hamsterkombat.me/hamster_kombat_me_whitepaper.pdf">latest whitepaper</a>, 60% of the upcoming HMSTR token supply will be allocated to players, with the remaining 40% reserved for market liquidity, ecosystem partnerships, and other strategic uses.&nbsp;
&nbsp;
Initially planned for August, the airdrop has faced delays due to its complex execution requirements. The team has emphasized that setting specific dates for the airdrop is challenging due to the technical intricacies involved.&nbsp;
&nbsp;
Further, the game’s success has attracted attention from various quarters, including a&nbsp;<a style="text-decoration:none" href="https://apnews.com/article/iran-presidential-election-bitcoin-hamster-kombat-934a398a0d2074c04bbf0112d701086f">recent controversy in Iran</a>, where it was accused of being a distraction during national elections.&nbsp;

Hamster Kombat Rejects VC Proposals to Ensure Fair Play for Users: Report

Table of Contents

BSCN

Other articles published on Aug 20, 2024

Breaking: OpenAI Rolls Out Major Fine-Tuning Upgrade For GPT-4o

Why is the Ripple (XRP) Price Up Today?

Crypto Bear Market: Is It a Real Threat?

Weekly Article Recap: 8/12-8/16

6 in 10 Top Hedge Funds Now Own Bitcoin ETFs

Trump Vows to Fight Against Federal Digital Dollar Plan, Calls it a ‘Government Tyranny’

Join our free newsletter for daily crypto updates!