The widely known cryptocurrency game Hamster Kombat has initiated token listings on major markets such as OKX and ByBit. However, ongoing community unrest regarding the recent HMSTR token airdrop has dampened excitement surrounding the launch.
Hamster Kombat: ‘Inequitable’ Token Distribution
Accusations have been leveled against the Hamster Kombat team for engaging in inequitable distribution of the HMSTR tokens during the airdrop. Numerous players who invested considerable time and resources into the game received just a small fraction of the anticipated tokens; for some, the total value was barely $50.
The community is particularly frustrated by how referrals influenced token distribution. Players with a higher number of referrals received a significantly larger allocation of tokens compared to regular players. Furthermore, the team absolved over 2 million users from the airdrop, calling them “cheaters.”
HAMSTER MATH
The final results of Season 1 are in:
Since March 26, 2024, over 300 million players have joined Hamster Kombat, with 131 million qualifying for the airdrop on September 26th, and about 2.3 million being banned as cheaters.
30.6 million qualified… pic.twitter.com/LH5eD3i8al
— Hamster Kombat (@hamster_kombat) September 22, 2024
Lack of Transparency and Broken Commitments
Another point of contention for Hamster Kombat lies in its perceived lack of transparency and failure to meet several commitments made to the community. The team had promised various substantial incentives to players, including a reward system that was meant to be “equally important,” which has not been delivered.
The introduction of “keys” during the concluding weeks of Season 1 also generated confusion as no clear guidelines were issued regarding their significance, leading some players to focus solely on accumulating keys only to later discover they had been banned for misconduct.
Boycott Threats and Community Reactions
The community’s dissatisfaction with the token distribution has given rise to a considerable backlash. Many players have labeled the airdrop a “scam” and voiced their frustrations on social media platforms. Some have even pledged to sell their tokens immediately after the listing and withdraw from the game.
As of now, the Hamster Kombat team has yet to offer a clear explanation or remedy for the community’s concerns. With the potential for millions of players to liquidate their tokens, the listing may face significant price volatility and downward pressure on the HMSTR token.
Investors and project followers should be aware that the token price might fluctuate dramatically, soaring to its true value or plummeting to lower levels. Although many players and investors have high hopes for the listing, the recent controversy calls for a more cautious approach.
Moving forward, Hamster Kombat will need to address community grievances and work on rebuilding trust if it aims to maintain its success and long-term appeal.
Featured image from Protos, chart from TradingView
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