Hamster Kombat Listing Hits The Market, But Fans Aren’t Cheering

2024-09-26 07:00:43

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Popular cryptocurrency game Hamster Kombat has started token listing on big markets including OKX and ByBit. Still, the continuous community turmoil around the recent HMSTR token airdrop has tempered the enthusiasm around the release.

Hamster Kombat: ‘Unfair’ Token Distribution

The Hamster Kombat crew has been alleged of unfair airdrop distribution of the HMSTR tokens. Many players who invested a lot of time and money in the game got only a meager fraction of the projected tokens; some barely had $50 worth.

The community is particularly upset about the role of referrals in determining token allocations. The amount of tokens received by the player was comparatively higher in proportion to the number of referrals they have compared to the other regular players. Additionally, the team did not host over 2 million people in an airdrop after terming the users as “cheaters.”

✍️ HAMSTER MATH ✍️

🔥 The results of Season 1 have been finalized:

🚀 Over 300 million people have joined Hamster Kombat since March 26, 2024, 131 million qualified for the airdrop on September 26th and around 2.3 million were banned as cheaters.

📤 30.6 million of qualified… pic.twitter.com/LH5eD3i8al

— Hamster Kombat (@hamster_kombat) September 22, 2024

Lack Of Transparency And Broken Promises

Other criticism of Hamster Kombat is a perceived failure to be more open and lack fulfillment of some promises to the community. The team promised several large incentives to players, such as an “equally important” reward which was never met.

The use of “keys” during the final weeks of Season 1 also caused confusion since no clear information was issued regarding importance, with some players focusing just on collecting keys to later find out they are banned for shortchanging.

Source: OKX### Boycott Threats And Community Backlash

The community’s dismay of the token distribution has resulted in a notable pushback. Many of the players labeling the airdrop a “scam” have expressed their wrath on social networking sites. Some have even promised to sell their tokens right away after listing and abstain from the game.

Total crypto market cap currently at $2.197 trillion. Chart: TradingViewThe Hamster Kombat team has not yet provided a clear explanation or resolution for the community’s concerns. With millions of players potentially selling their tokens, the listing could face significant volatility and downward pressure on the HMSTR price.

Those who follow the project actively and invest in the premarket should know that the price of the token may skyrocket to its correct value and drop to low levels. Most of the players and investors are seeing great hope in the listing, but this issue that came recently should make them take cautious steps.

Meanwhile, Hamster Kombat will have to answer the complaints of the community and rebuild confidence when the dust settles if it is to keep its success and appeal over the long haul.

Featured image from Protos, chart from TradingView

HMSTR-2,45%

TOKEN-2,5%

AIRDROP0,13%

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