Why the Hamster Kombat (HMSTR) Airdrop Failed: A Detailed Breakdown
1/ On September 26, 2024, #HamsterKombat launched trading for its $HMSTR token on major exchanges. The event was highly anticipated, but it turned out to be one of the most disappointing airdrops in recent memory. $HMSTR
Here are five reasons why the Hamster Kombat airdrop failed to meet expectations: 2/ Unfair Reward Distribution Many participants who had been actively playing the game were disqualified just before the airdrop. The team implemented a new âanti-cheatâ system that unexpectedly banned a large number of users. This move was seen as favoring influencers, who reportedly received a significant portion of the tokens instead of regular players. This led to widespread discontent.
3/ Frequent Postponements and Sudden Rule Changes The airdrop, originally scheduled for July 2024, was repeatedly delayed due to technical issues. After a few more postponements, the team finally committed to a September launch. But just before the airdrop, a last-minute announcement revealed that participants would only receive 88.75% of their tokens. The remaining 11.25% would be held back until July 2025. These sudden changes led to a growing sense of distrust within the community.
4/ Low Listing Price of the HMSTR Token The initial value of the HMSTR token was another letdown. It launched at just $0.01, and the price began to drop almost immediately. Many participants had expected a significantly higher value due to the hype built around the airdrop. As of now, the token is trading at around $0.0019, a nearly 40% drop from its initial price, disappointing both long-term holders and short-term traders.
5/ Problems with Selling HMSTR Tokens After months of playing the game and accumulating rewards, many participants found themselves holding only a few dollarsâ worth of tokens. Due to minimum transaction limits on certain exchanges, like Binance, users with small token amounts were unable to cash out their holdings. This made it extremely frustrating for those who had invested their time in the game, only to be left with illiquid assets.
6/ Telegram Wallet Outages Technical issues in the Telegram wallet compounded the problem. The TON blockchain, which powers the Telegram wallet, experienced network overloads just as the token began trading. Many users couldnât access their wallets or trade their tokens, adding to the chaos and dissatisfaction.
7/ Conclusion The Hamster Kombat airdrop had all the makings of a successful event: a popular game, active community, and a highly-anticipated token launch. But with last-minute rule changes, unfair distribution, technical issues, and a low token value, the airdrop left the community disillusioned.
Many now consider it one of the worst airdrop events in recent crypto history. Even we agree đ
The hype they created and the Airdrop they gave was completely opposite. #Hamster #HMSTR #Telegram #TON
- NO PRESALE - NO TEAM ALLOCATION - NO GIFTS TO INFLUENCERS - NO FAVORITISM TO WHALES - 100% VOLUNTEER INITIATIVE - AIRDROPPED TO ORDINALS OGS - REFUSES TO PAY FOR CEX LISTINGS
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