The world of Web3 saw a massive wave of excitement with Telegram bot projects promising easy airdrops and onboarding millions. Hamster Kombat took center stage, claiming to make Web3 accessible for all, but what unfolded was the biggest scam of 2024.

THE HYPE AND THE TRAP

Hamster Kombat launched with an incredible marketing strategy, even outshining Bitcoin on Google Trends. It amassed 300 million user interactions, becoming one of the fastest-growing projects. Influencers hyped it up, promising dreams of $1-$5 returns. The scam started when masses bought into this unrealistic fantasy without understanding Web3.

MANIPULATION AND BROKEN PROMISES

Influencers manipulated first-time Web3 users, making them believe Hamster Kombat was the next big thing like Shiba Inu. This led to inflated expectations and false hopes, with most unaware of tokenomics or market realities. After the Token Generation Event (TGE), dreams crumbled, and 90% felt cheated.

THE REALITY CHECK

Hamster Kombat wasn’t about getting rich overnight. It failed to meet unrealistic expectations, exposing how influencers sold a fantasy. Many labeled it a Ponzi scheme, but the real lesson? Web3 isn’t just about quick rewards. It's time to educate users and set realistic expectations.

THE TAKEAWAY

Hamster Kombat is a reminder: Crypto isn’t a ‘get-rich-quick’ scheme. Before diving into Web3, understand the fundamentals and avoid the hype.

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