Recently, a wave of Telegram bot projects has opened the door to many unexplored, easy, and fun airdrops. The end goal? To make the Web3 experience accessible to everyone and onboard Web2 users into Web3. Unfortunately, things quickly spiraled into chaos, and Hamster Kombat has emerged as the poster child of this scam.
Hamster Kombat isn’t the only project to face mass backlash. Projects that fail to meet the expectations of users often become the target of criticism. But Hamster Kombat stands out in one key way – the magnitude of the manipulation and the number of users involved.
The Hype
When Hamster Kombat was first announced, it seemed like just another Telegram clicker game. However, the team designed and marketed it so well that it attracted massive attention. In just a few weeks, Hamster Kombat even surpassed Bitcoin in popularity on Google Trends, with a massive spike in search traffic.
This is only one side of the story. Hamster Kombat became one of the fastest-growing tech platforms, onboarding 150 million users. To date, more than 300 million addresses have interacted with the game via Telegram's Mini-App. Interestingly This Coin also getting more Hype than Hamster Kombat
The hype was so enormous that even bearish market news couldn't dampen it. YouTubers seized the opportunity, with even non-crypto influencers posting about the project. Some creators were specifically dedicated to daily Hamster Kombat updates and price predictions – and that’s where the real trouble began.
The Manipulation
The manipulation started as soon as the masses flocked to the game. Influencers weren't just selling price predictions or daily updates – they were selling dreams. People began dreaming of Hamster Kombat reaching $1 to $5, and the manipulation only grew.
It was all a psychological game. Most Hamster Kombat users were first-time Web3 participants and had little to no understanding of how projects work or how prices are determined. Instead, they trusted influencers and believed in their price predictions. This Coin also Predicted to be hit 5x in this month
In many South Asian countries, Hamster Kombat became a dream. Social media influencers blindly sold this dream to their followers, who believed every word. It was inevitable that 90% of users would be disappointed after the airdrop announcement, as the project simply couldn’t meet their unrealistic expectations. You can Create Your Own Memecoins under 5 Minutes
Manipulators easily swayed 90% of the user base with these inflated promises, leading to false hopes that the project would never fulfill. The price was set before the Token Generation Event (TGE), and people bought into a dream – and that’s where the scam truly began.
The Scam
Expectations for Hamster Kombat were sky-high, with many claiming it was the next Shiba Inu or PEPE, where users could earn $1,000 and escape poverty. The majority of Hamster Kombat’s 300 million users were newcomers to Web3, many of whom lacked even a basic understanding of crypto concepts like FDV (Fully Diluted Valuation) and token supply.
These users, influenced by unrealistic expectations, worked hard to fulfill a dream they didn’t understand. But after the TGE and airdrop, those dreams quickly crumbled – as expected. Millions of people were left disappointed, and their inflated expectations from the crypto world faded.
Suddenly, the project was labeled a Ponzi scheme. Influencers began claiming that Hamster Kombat was a scam, not because it was inherently dishonest, but because it didn’t deliver on the impossible expectations that had been sold to the masses.
The Lessons
Expectations are a sensitive thing, and they become dangerous when they are unrealistic. The 90% of Hamster Kombat users who felt scammed were simply unprepared for the reality check. Web3 onboarding shouldn’t set people up for failure. Crypto and Web3 are not just about rewards. Next Big Hype After Hamster Kombat
Users need to understand tokenomics before they start complaining about listing prices. Even if Hamster Kombat debuted with a $1 price tag, it would be more valuable than Solana or USDT – but most airdrop holders would still be disappointed.
If you're new to crypto, following this route to onboard into Web3 might not be wise. Yes, there are rewards, but they often require more than a few taps and some meaningless tasks. Web3 is an exciting, evolving world, but these kinds of projects only set bad examples for newcomers.
🔼 Data Credit
> Hamster Kombat
> The Block
> MilkRoad
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The cycle continues as more mini-games launch, reinforcing the perception of crypto as a 'get-rich-quick' scheme. This troubling trend leads to rug pulls, scams, and significant financial losses. Although technological innovations advance, the limited understanding of crypto puts countless investors at risk, which is concerning 😟
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