The team behind Hamster Kombat recently disclosed that it has been receiving offers from some of the top venture capital firms in crypto but has “turned down every single one” to date.
According to the team, the decision to reject venture capitalist funding was made to protect Hamster Kombat’s player base and retain the developer’s core focus on providing players with a meritocratic experience that rewards participants by actually playing the game.
This approach contrasts with many crypto games and projects that rely on venture capital funding, where some critics argue that venture capital firms may prioritize their own exit strategies over the long-term interests of the player base, the team noted in an Aug. 10 announcement.
Hamster Kombat’s team did not reveal which venture firms had expressed an interest in funding the Telegram-based game.
The developers for Hamster Kombat also explained that 60% of the upcoming HMSTR token would be reserved for the players, while the remaining amount will be used for liquidity, future partnerships, in-game rewards and ecosystem development.
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The “largest airdrop in crypto history”?
Hamster Kombat’s developers have been teasing the highly anticipated airdrop as “the largest airdrop in crypto history” as the game continues to attract users and showcase meteoric success in Web3 gaming.
In July, the Hamster Kombat team announced that the game had surpassed 300 million players, building on its initial success of acquiring 239 million users in 81 days. The team and Telegram founder Pavel Durov have highlighted the game as a promising opportunity to introduce blockchain technology to a broad audience, potentially contributing to its wider adoption.
Crypto exchange Bybit has already listed HMSTR for premarket trading on its over-the-counter (OTC) platform. The listing will allow users to secure the token before it goes live on traditional exchanges.
Bybit noted the potential for the OTC trading to skew the final listing price of the token but also explained that other factors would likely play a role in shaping the spot trading price of HMSTR once it officially launches.
Trouble in Hamster paradise
Hamster Kombat’s rapid success has made the game’s community a target for malicious actors and scammers advertising fake HMSTR airdrops.
The fake airdrops and sophisticated phishing attacks even prompted the Hamster Kombat team to issue a notice on Telegram cautioning users against any individuals or groups claiming to offer sales of the token, which has yet to launch.
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