Hamster Kombat token goes live for trading with 60B tokens distributed
The token for Hamster Kombat, HMSTR, went live for trading with 131 million eligible user accounts receiving 60 billion tokens.
🥂 THE MOMENT IS HERE 🥂
— Hamster Kombat (@hamster_kombat) September 26, 2024
🤩 $HMSTR trading has official begun!
🚀 Congratulations, and to the moon, CEOs! pic.twitter.com/a0Yy7VRAxb
The token share of the 131 million players who met the requirements for the airdrop has begun to be claimed. In accordance with the airdrop claims, HMSTR is now one of the tokens based on Telegram that has support on the major exchanges. The crypto ecosystem is buzzing with excitement as a result of the launch, and several players are celebrating their profits.
Hamster Kombat’s $HMSTR Token Now Listed on Major Crypto Exchanges
On Thursday, trading for HMSTR tokens started at 12 PM GMT. HMSTR can be found listed on a number of centralized exchanges, such as Bitfinex, Bitget, OKX, Hashkey Global, Bybit, and others, which have officially listed Hamster Kombat.
Details on HMSTR Token Distribution
Of the 100 billion tokens that can be produced, 75 billion were set aside for this airdrop. But only 60% have been given out; the remaining 15% will be distributed in a later token round (Season 2). In the Binance Launchpool, 3 billion HMSTR are distributed via airdrop. This was made possible by the exchange locking 14 billion USDT worth of FDUSD and BNB.
Furthermore, Binance has introduced the HMSTR Super Earn product, which allows users to lock their tokens in exchange for rewards. For this product, a 100,000,000 HMSTR reward has also been set aside.
There is still time for the 30.6 million players who haven't selected their preferred method of withdrawal to claim their airdrops. They can choose the currently available direct claim option. This direct claim was the option available to those in this category as of September 25, but the crypto exchange option is no longer available.
Unfortunately, there is currently no token distribution for the 2.3 billion players who were discovered to have been cheating a few days before the airdrop went live. They have redistributed half of their 6.8 million HMSTR to honest and committed players and put the remaining half aside for "burning."
Global reach and Hamster Kombat's success
With over 300 million players worldwide since its launch in March 2024, Hamster Kombat has amassed a massive player base. The developers' promise to enable players to convert their accrued in-game points into $HMSTR tokens, which sparked a spike in user interest and global engagement, is largely responsible for the game's success.
Only 131 million players, or a 65% rejection rate, were eligible for the airdrop despite the game's massive player base. Additionally, according to the game developers, 2.3 million player accounts were banned for suspected cheating.
Now that $HMSTR is available on some of the biggest cryptocurrency exchanges, more interest in the token is expected. With the game's wide global player base and high level of engagement, both investors and players are interested in seeing how the token's value will respond in the days ahead.
Hamster Kombat next move
With a new roadmap, Hamster Kombat revealed its future plans on Wednesday. The creators of the game stated that they intend to expand their ecosystem by launching in new regions and using the money made from advertising to buy back tokens for redistribution. An NFT in-game asset integration is scheduled for November.
The Hamster Kombat team stated that "Season 2, which they intend to launch in the upcoming weeks, will seamlessly integrate the platform's content, including the Hamster Kombat metagame and third-party games." In addition, Hamster wants to buy back tokens from the market with the money from ads so that they can distribute them to players on a regular basis and burn tokens.
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