The Hamster Kombat project with the HMSTR token is facing a wave of "calling names" because the airdrop value received is not as "huge" as previously declared.
Hamster Kombat Officially Listed for Trading
At 07:00 on September 26, 2024, the HMSTR token of the 58th Binance Launchpool project, Hamster Kombat, was officially listed on most major and minor exchanges.
A day before the listing, Hamster Kombat conducted an airdrop to 131 million eligible users out of the 300 million total registrations for the game since its launch this summer.
As previously announced by the development team, Hamster Kombat will:
- 60% of the total supply (equivalent to 60 billion HMSTR tokens) will be airdropped to players in this first allocation. However, only 88.75% of the tokens will be received on the day of TGE. The remaining tokens, equivalent to 11.25%, will be locked and undergo a 10-month vesting process, expected to be withdrawn in July 2025.
- 15% of tokens will be allocated for the 2nd airdrop.
- The remaining 75% will be allocated to:
Liquidity 4%.
Binance Launchpool 3%.
Team 8%.
Marketing 4%.
Partnership and sponsorship program 6%.
Due to the huge number of players receiving the airdrop, the TON network had to post a warning about the potential for local overload. The TON development team was aware of this early because the previous DOGS token airdrop caused the blockchain to "freeze" for 7 hours.
Countless "parental inquiries" sent to Hamster Kombat from the user community
Despite being one of the most anticipated token reward events of the year, the project's distribution strategy has drawn a wave of criticism.
Because many players said they spent nearly half a year experiencing the game, but after listing the official trading price around 0.01 USD, the effort over the past time only brought in about 10 - 30 USD, a number too small compared to the statement "this will be the biggest airdrop in the history of cryptocurrency".
For example, the account @bnbHodlerX shared a screenshot of the airdrop reward received with an extremely angry state and a few words "asking parents" like "LOL, WTF". The amount of tokens this person met the airdrop conditions was a total of 2263 HMSTR, but 88.75% (equivalent to 1997 tokens) was transferred to the exchange wallet. Comparing with the price this person placed a sell limit order at 0.012, after "6 months of hard playing games, he earned up to 25 USD".
Not just one, but countless users sent their "sincere thanks" to Hamster Kombat for the "huge" airdrop reward after 3-6 months of hard work, such as @simplyEnnkay receiving $14, @pre_shios receiving $8, @esatoshiclub earning $7, @Investergram pocketing $5, @Sirnasky getting $3.45.
The account @Georgebabss also humorously quipped that the $0.011 value for each HMSTR he received via airdrop "could make me a CEO", referring to the culture of the game Hamster Kombat where every user who first accesses the app will receive the message "Welcome CEO".
Due to the heat of the Tap-to-Earn trend, along with the "rosy picture" statements from the project team in the past that, "do not accept any funding from investment funds to maintain a genuine game, respect the efforts of gamers, only reward those who actually play the game", many players have even invited their relatives and family members to join in making money together.
As user @Not_Tolulope shared a screenshot, it shows that she invited her parents to join the game for a while, receiving a total of more than 103 HMSTR tokens, which converted to less than 1 USD, causing the father to immediately conclude with the phrase "trash" after finding out.
Not stopping there, on the "Trending for You" bar displayed on the X platform (old Twitter), the most frequently appearing search keywords are all related to "Hamster Kombat", "HMSTR", or "HMSTRSCAM" (referring to scam).
The incident may not stop here, when the first airdrop wave flooded the community, the Hamster Kombat project continued to announce the next development roadmap with the Season 2 airdrop event.
This information continues to be used as a "joke" by users when they affirm that "Hamster Kombat Season 2 will be played and airdropped to the founding team as well as influencers".
In the context of the storm that is surrounding, it is unknown how the Hamster Kombat team will "calm down" the community, because it is the users who have brought huge revenue to the project since its inception. Only knowing that articles with the keyword "dust" referring to "airdrop rewards as valuable as dust" are spreading extremely viral on X. Coin68 will continue to update if there are major fluctuations! The token price from the time of listing to the time of the article has continuously "probe the bottom" and shows no signs of stopping, currently trading around 0.008 USD for each HMSTR coin.
