The Hamster Kombat team has revealed distribution details for the upcoming HMSTR token

What’s new? The developers of the Hamster Kombat clicker game for the Telegram messenger said they received offers from a number of leading crypto venture capital firms, but “turned down every single one.” The rejection of venture funding is intended to protect the player base and maintain a focus on providing an experience where project participants are rewarded directly for playing the game.

Hamster Kombat's Telegram channel

What else is known? This stance contrasts with some other crypto games and projects that rely on venture capital. The Hamster Kombat team notes that venture capital firms may favor their own exit strategies over the long-term interests of players. For example, the sale of large amounts of tokens by venture capitalists on exit could lead to a drop in value.

Developers added that too many Web 3.0 projects build audiences only to use them as liquidity for their venture capital backers:

“This has, unfortunately, become the norm in the industry. Instead of creating innovative projects that generate real value and revenue, companies often focus on making a convincing pitch to secure funding, spend it on marketing, conduct an airdrop or even a public ICO, and then walk away — leaving users holding the bag.”

Hamster Kombat also said that 60% of the HMSTR native token offering will be reserved for players, with the remainder being used for liquidity, future partnerships, in-game rewards and ecosystem development.

“The only way to obtain the future $HMSTR token is by playing the game. This approach ensures that everyone has the same opportunity, regardless of wealth.The only way to purchase the $HMSTR token is to go to exchanges after the airdrop, where you will buy it from our users — if they wish to sell at all,” the creators emphasized.

The team calls the upcoming launch and distribution of HMSTR the largest airdrop in the history of the crypto industry. Within 81 days of its launch, the game attracted 239 million users, with the number of players surpassing the 300 million mark in July. In addition to the developers, Telegram founder Pavel Durov also noted that Hamster Kombat serves as a channel for introducing blockchain technology to a wider audience, which helps further the adoption of the latter.

Centralized crypto exchange (CEX) Bybit has already launched the HMSTR premarket as part of its over-the-counter (OTC) platform. Bybit officials noted that OTC trading could have an impact on the token's price when listed on the spot market.

At the same time, scammers offering to link a wallet to participate in the HMSTR airdrop have now become active. Such actions can lead to the theft of all assets from the wallet. The developers emphasize that the token has not been launched yet.

Hamster Kombat is one of the first and most popular cryptocurrency games on Telegram. In such games, users can earn in-game coins through simple actions with the prospect of their further exchange for real cryptocurrency.

Earlier, venture capital firm The Open Platform invested in Akedo Games to support the development of games for Telegram based on the TON blockchain.

In July, OKX, one of the leading crypto exchanges, launched a mini-app on Telegram to earn points by predicting the BTC exchange rate. In August, crypto exchange X10 Exchange announced the launch of a mini-app for Telegram, which will provide basic trading functions for novice retail investors.