October 15, 2024

CryptoTrues

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NFT News – Hamster Kombat To Launch NFTs And Gaming Platform, Token Drops 30%

NFT


Hamster Kombat, the popular Telegram-based clicker game, announced its roadmap for the remainder of 2024 and into 2025, including the launch of a Web3 gaming platform to expand its offerings.

The Hamster Kombat team outlined its future plans, which include integrating external payment systems, launching new games, and introducing non-fungible tokens (NFTs) as in-game assets within the Hamster ecosystem.

The team stressed their unique position in the Web3 gaming space, citing their large player base and experience in creating a platform that makes development easier for game creators.

Following the announcement of their airdrop event on Sept. 23, Hamster Kombat revealed that only 131 million of their 300 million users, or 43%, are eligible for the airdrop. They also noted that 2.3 million users were banned for using cheats.

To maintain engagement after the airdrop, the Hamster Kombat team outlined several strategies, including a token vesting system. “11.25% of tokens distributed after Season 1 will be vested and unlocked 10 months after listing,” the team said.

The team will also focus on the value of games within its ecosystem rather than simply offering earnings, differentiating themselves from traditional Web3 approaches focused on rewarding airdrop hunters.

Token buyback and burning plans

As part of their roadmap, Hamster Kombat plans to launch a dedicated advertising network by December 2024, with revenue from the network being used to buy back tokens and distribute them as rewards to players. The team also plans token burns, a process that permanently removes tokens from circulation to create scarcity and drive up value.

In 2025, Hamster Kombat plans to create a non-fungible token (NFT) marketplace, host a competitive clan championship, and facilitate the second phase of its airdrop. These moves are part of their broader strategy to combine Web2 and Web3 elements and continue engaging players with fresh content.

Elsewhere, Telegram’s Web3 game announced the listing of its HMSTR token on major cryptocurrency exchanges, even as the token’s value continues to decline.

Despite the excitement, the token’s price has plummeted, dropping 10% in just one hour. Over the past 24 hours, HMSTR’s value has fallen 30%, dropping from $0.012 to $0.0087.

HMSTR is now available for trading on major crypto exchanges such as Binance, HashKey, OKX, Bybit, KuCoin, and MEXC.

 


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