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Hamster Kombat To Hold TGE On September 26, 2024

Aug 28, 2024
  1. TGE Date and Details
  2. Game Mechanics and Successes
  3. VC Funding Rejection

Hamster Kombat, one of the most popular Tap-to-Earn games, has finally announced its Token Generation Event (TGE) for September 26, 2024. Initially, the TGE was set to go live in July.

TGE Date and Details

The announcement came from the game's Telegram channel, boasting over 52 million subscribers. On the same day, the game will airdrop its HMSTR tokens to the community. According to the project's whitepaper, 60% of the HMSTR tokens have been reserved for players through the Hamster Kombat airdrop. The remaining tokens will be used for market liquidity, ecosystem partnerships, grants, and other uses.

Game Mechanics and Successes

Hamster Kombat has gained significant momentum in the Web3 gaming space, mainly driven by its idle earning mechanism. Since its launch in the summer of 2024, the game has acquired over 300 million players, with the latest data revealing over 80 million active users. During the Hamster Kombat airdrop, users mash their mouse to rack up points or gain HMSTR tokens. Other clicker games with similar gameplay include PixelTap and Notcoin. Notcoin's May airdrop, which gave out 80 billion tokens worth about $1 billion, reflects the growing popularity of such games.

VC Funding Rejection

Hamster Kombat has previously forfeited venture capital funding to keep the integrity of its player-centric model intact. Interest from top venture capital investors in the cryptocurrency space was not enough to sway the development team's decision against taking any investments. The TGE announcement coincided with the day when The Open Network (TON) slowed down due to the launch of another memecoin DOGS, causing transaction congestion.

In conclusion, Hamster Kombat continues to adhere to its player-centric strategy and is poised to hold its TGE and airdrop on September 26, 2024. This event is expected to further strengthen the game's position in the Web3 gaming world.

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