The team behind the well-known Telegram click-to-earn game "Hamster Kombat" released a new white paper on Tuesday detailing the project's token economic model.
The Hamster Kombat team claims in its white paper that this will be “the largest airdrop in cryptocurrency history,” and claims the game now has 300 million users. The white paper states that 60% of the upcoming token airdrop will be distributed to players. The white paper also mentions:
“The remainder will be used to provide market liquidity, ecosystem partnerships and grants, reward squads, and other projects.”
The team also stated in the white paper that the project has not received funding from investment companies or venture capitalists, so it will not be affected by VC selling pressure. In addition, the team claims that the project is already a "profitable business" and there is no need to sell the team's token quota to pay for operating expenses.
Hamster Kombat has become a widely adopted application in the cryptocurrency world. Its anonymous founders have built a strong community of gamers in a very short time, eager to earn token rewards by playing this simple point-and-click game, which is based on The Open Network (TON) blockchain. While it's unclear how many bots are included in Hamster Kombat's overall user base, the game does seem to be attracting a lot of attention.
At the same time, the OKX exchange announced today that it will list the pre-market contract trading pair of the Hamster Kombat token HMSTR, which is expected to be open for trading on August 1.
Pre-market Futures Listing#OKXwill list $HMSTR @hamster_kombat Pre-market Futures!$HMSTR/USDT Pre-market Futures trading begins at 10:00 am on Aug 1 (UTC)Learn more: https://t.co/gRRYjsc5BX pic.twitter.com/tOaZZ073gL
— OKX (@okx) July 30, 2024
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