Does Hamster Kombat Have External Investors? Game Shares New Updates to Community
What’s the News: After allocating 60% of the total supply of $HMSTR for its upcoming airdrop, Telegram-based tap-to-earn game Hamster Kombat wrote to its community, reiterating its commitment of prioritizing them.
- They also announced launching more games that will give $HMSTR more utility.
What’s the Significance: More games utilizing the token means that there will be more ways to earn and mint $HMSTR. (Read more: List of Free Telegram Games with Potential Airdrop)
Hamster Kombat Ecosystem
- Background: Recently, the founders hinted that they were looking to build a gaming platform that would host a combination of web3 and traditional games.
- The Gaming Platform: This gaming platform is designed to support and extend the utility of the upcoming $HMSTR, Hamster Kombat’s native token.
- Work-In-Progress: For this announcement, the founders confirmed that they are already working with game studios and KOLs from the web3 gaming industry.
- Aim: With these partnerships, the founders expressed that they can be assured of building a sustainable ecosystem with a “firm token demand.”
- Versus Other Projects: They also compared this initiative to other crypto-based projects, highlighting that they want to build as much demand and utility for the game’s native token as possible.
Key Quote
“We will be adding new games so that you have a variety of choices and can play the games you like the most. Some games will give you the keys, some will provide the internal currency, and these games will expand our ecosystem.
The Founders, Dev Team, Hamster Kombat
Hamster Kombat Community
In a lengthy message to its community, the founders shared that Hamster Kombat still has no external investors, though many investment firms and venture capitalists have already expressed their interest in adding funds to the game, they proudly turned down every single offer.
- This is because, according to them, they value their players. As having no external investors means that $HMSTR will only be obtained by playing the game.
- Currently, 60% of $HMSTR is allocated to the community while the 40% is for token support, including for market liquidity, future ecosystem grans, and future campaign rewards.
- This decision will make sure that every Hamster Kombat enthusiast will have the same opportunity to earn $HMSTR—only by playing, they clarified.
- Moreover, the team also stressed that other web3 projects build community only to use them as exit liquidity for external investors, which they do not want to happen.
- That instead of creating innovative projects that generate real value and revenue, these web3 projects often focus on making a convincing pitch to secure funding, spend it on marketing, conduct an airdrop or even a public ICO, and then walk away—leaving users holding the bag.
- Consequently, after the token launch and the first airdrop, $HMSTR will be designed to only be purchased on exchanges, when players who received their rewards decide to sell them.
Key Quote:
“We want the web3 space to return to its fundamentals. We invite founders and builders to focus on creating profitable businesses first. Build for your community and not for the investors.”
The Founders, Dev Team, Hamster Kombat
Worth Reading:
- The $HMSTR launch and airdrop was initially scheduled to happen in July. However, it was delayed because the founders said they were still preparing to host the “largest airdrop.”
- To compensate for this, the team adjusted the allocation of the total token supply into 60% for the community and 40% in the ecosystem.
- The founders are also preparing to host a second airdrop for Hamster Kombat.
This article is published on BitPinas: Does Hamster Kombat Have External Investors? Game Shares New Updates to Community
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