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Crypto game Hamster Kombat allocates 60% of token airdrop to players in new whitepaper

Crypto game Hamster Kombat allocates 60% of token airdrop to players in new whitepaper

The BlockThe Block2024/07/29 16:00
By:The Block

Quick Take Tap-to-earn game Hamster Kombat said in a new whitepaper that 60% of its token airdrop will be dedicated to players. The Hamster Kombat team claims it will be the largest airdrop in the history of crypto and said they are “actively working on making the airdrop happen,” which was originally slated to occur this month.

Shedding more light on what could become one of the highest-profile token airdrops in recent memory, the team behind the Telegram tap-to-earn game Hamster Kombat released a new whitepaper on Tuesday with details related to the project's tokenomics.

The Hamster Kombat team, in its whitepaper, claimed it would be the "largest airdrop in the history of crypto" and also claimed that the game now has 300 million users. According to the whitepaper, 60% of the upcoming token airdrop will be "dedicated" to players.

"The rest is reserved for providing market liquidity, ecosystem partnerships and grants, rewarding squads, and other items," the whitepaper also said. The game's developers stated in the whitepaper that investment firms or venture capitalists do not back Hamster Kombat and, therefore, is not subject to "sell pressure."

The team also said the project is already a "profitable business" and there is "no need to sell team token allocations to pay the bills," according to the whitepaper.

Hamster Kombat has emerged as a curious enigma in the world of crypto. Its anonymous founders appear to have built up, in an extraordinarily short amount of time, a robust community of gamers eager to earn token rewards by playing the simple clicker game based on The Open Network, or TON -0.099% blockchain. While it's unclear how many bots make up Hamster Kombat's overall user base, it does appear that game has attracted a lot of attention.

The new game also benefited from the success of another Telegram-based clicker game, Notcoin, which in May airdropped more than 80 billion NOT tokens , worth about $1 billion at the time. Hamster Kombat's founders recently told The Block that Notcoin's success inspired their game.

On Tuesday, Hamster Kombat also announced that it plans beyond this first airdrop, calling it the "first step in building the Hamster ecosystem, which will extend far beyond the current game." The developers said the game has 50 million daily active users spread over 190 countries.


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