Hamster Kombat plans token buyback and burning
According to the Hamster Kombat team, the company will launch a dedicated advertising network that will be used by games in the Hamster ecosystem. The roadmap noted that this will be released in December 2024.
The team also highlighted that revenue from the ad network will be used to buy back tokens and distribute them as rewards. It wrote:
โWeโre also planning to use ad revenue to buy back tokens from the market for regular distribution to players and token burns.โ
Token buybacks work similarly to stock buybacks, which are done to deal with price instability. The concept refers to a project using its resources to repurchase its tokens from holders at the market price.
Meanwhile, token burns are when crypto projects send tokens to burning addresses, permanently erasing them from existence. This creates scarcity and may lead to token price appreciation.
Furthermore, the Web3 game also revealed that in 2025, it plans to create a non-fungible token marketplace, conduct a competitive clan championship, and facilitate the second phase of its airdrop.
