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Cryptocurrency News Articles
Hamster Kombat Airdrop Leaves Many Players Feeling Shortchanged
Sep 27, 2024 at 05:14 am
Hamster Kombat, a popular Telegram-based game, recently conducted an airdrop that left many players feeling shortchanged.
Popular Telegram-based game Hamster Kombat recently conducted an airdrop, leaving many players feeling shortchanged. Despite the distribution of billions of HMSTR tokens, numerous players reported receiving only trivial amounts, which are commonly referred to as “dust.” Notably, out of 300 million players, 131 million qualified for the airdrop, while 2.3 million were excluded due to alleged cheating.
In response to the airdrop, players took to Twitter to express their frustrations, with many highlighting that their share of tokens was worth less than $10. This dissatisfaction quickly impacted the market value of HMSTR, with CoinGecko and CoinMarketCap documenting a drop in value by 45% and 25%, respectively, from its initial listing price.
Moreover, the process was also marred by technical issues. Specifically, complaints targeted the smart contract on The Open Network (TON), which facilitated the token minting. However, despite these challenges, Hamster Kombat's developers are planning expansions beyond Telegram, which will include new games and NFT integration, aiming to stabilize the game's economy and renew player interest.
Interestingly, the reception of the airdrop varied significantly by region. While African countries showed high search volumes for the game, interest in the United States was markedly lower. Notably, on Binance, substantial trading volumes of HMSTR against the Turkish Lira highlighted specific regional economic engagements.
Finally, the global reaction to the airdrop could influence the approach of developers toward future projects. Above all, with plans to roll out more features and possibly reduce Telegram exclusivity, the developers aim to address the issues raised by the community and enhance the overall gaming experience.
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