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Hamster Kombat Rejects Venture Capital Investments

Aug 19, 2024
  1. Rejecting VC Investments
  2. The Airdrop: A New Stage for Hamster Kombat
  3. Reactions to the Game's Success

Hamster Kombat, the rapidly growing tap-to-earn game, made headlines with its decision to turn down multiple venture capital proposals. In a recent statement, the project confirmed its commitment to preventing its players from becoming exit liquidity for investors.

Rejecting VC Investments

Since its launch, Hamster Kombat has amassed over 300 million users. Their primary concern was to prevent players from becoming exit liquidity for backers. The project criticized other initiatives that, after securing funding and marketing resources, leave their communities behind once the initial excitement fades. By rejecting VC investments, Hamster Kombat aims to avoid such pitfalls and maintain a player-first approach.

“We want the web3 space to return to its fundamentals. We invite founders and builders to focus on creating profitable businesses first. Build for your community and not for the investors.”Hamster Kombat

The Airdrop: A New Stage for Hamster Kombat

The Hamster Kombat team is preparing for what they describe as the 'largest airdrop in the history of crypto.' According to their latest whitepaper, 60% of the upcoming HMSTR token supply will be allocated to players, with the remaining 40% reserved for market liquidity and strategic partnerships. Initially planned for August, the airdrop faced delays due to its complex execution requirements. The team has emphasized that setting specific dates for the airdrop is challenging due to technical intricacies.

Reactions to the Game's Success

The game's success has attracted attention from various quarters. For instance, a recent controversy in Iran accused the game of being a distraction during national elections.

Hamster Kombat's approach allows the game to remain independent and user-focused, steering clear of external investment interests. At the same time, the upcoming airdrop highlights the team's commitment to its players, providing opportunities to earn income through gameplay.

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