Hamster Kombat, the Telegram click-gaming platform, is on the verge of releasing its 60 billion tokens airdrop to only 43% of qualified players. According to the team behind the tap-to-earn game, it banned 2.3 million users for cheating, enraging some of the game’s community.
Token Allocation and Airdrop Plan
The rapidly growing Web3 platform has made a significant announcement regarding distributing its native tokens, Hamster Kombat (HMSTR). According to a recent post by the team, 75 billion out of its total 100 billion tokens are reserved for the game’s community.
This allocation signifies the project’s commitment to rewarding active users, reflecting a community-first approach. The distribution will happen in two stages: after season one ends, 60% of the entire supply will be airdropped, and the remaining 15% will be distributed during season two.
Among the 60 billion tokens initially reserved for season one, users who satisfy the qualifying requirements should anticipate receiving 88.75% of their allocation immediately. However, the remaining 11.25% will become vested and released after the token is listed on crypto exchanges (within the next ten months).
In terms of numbers, this translates to an immediate distribution of approximately 53.25 billion tokens, with an additional 6.75 billion tokens becoming available after the vesting period.
Growth and Challenges
Hamster Kombat has dominated the Web3 gaming scene ever since it launched. The clicker game on Telegram gained 239 million users in 81 days, demonstrating its viral appeal.
Pavel Durov, Telegram’s founder, was interested in the game’s players as he was confident that the game’s popularity would help Web3 technologies become more widely used, attracting millions of new users to the cryptocurrency space.
Over 300 million players are in the game, and millions will be eligible for the next token airdrop on September 26. 43% of all users fall into this category, while the remaining users do not meet the eligibility requirements.
The game team’s ban of about 2.3 million players over dishonesty highlights the developers’ dedication to upholding equity in the distribution process. On July 30, the Hamster Foundation released an update about the impending airdrop.
The foundation clarified that players would receive the lion’s share of the airdropped tokens. However, the remaining will be for ecosystem partnerships, liquidity provision, grants, squad rewards, and other important projects.
This distribution plan seeks to improve the game users’ long-term engagement and loyalty, strengthening the project’s ecosystem.
Independent Tokenomics Approach
The Hamster Kombat team revealed that it turned down offers from venture capital firms looking to make early investments. By choosing not to accept funding from venture capital firms early on, the tokens will be protected against selling pressure from major institutional investors.
Rather, the token’s supply and demand dynamics will give the community an equal chance to interact with the token. The team reiterated that community members’ and players’ interests will determine the value of HMSTR tokens. This step upholds the project’s community-driven philosophy.
PepperChain’s Airdrop to CHZ Holders
Meanwhile, Chiliz (CHZ) CEO Alexandre Dreyfus revealed that PepperChain, an integral part of the Chiliz ecosystem, is preparing to distribute PEPPER tokens to CHZ holders through an airdrop. It is anticipated that holders of CHZ will be able to access this airdrop on significant exchanges outside of the US.
However, additional information regarding the precise mechanisms of distribution is still pending. The new token is anticipated to be crucial to PepperChain’s future development, and the airdrop is intended to honor Chiliz’s devoted supporters.
By doing this, Chiliz hopes to increase user participation and engagement while improving its platform’s usefulness.
Expanding the Chiliz Ecosystem
By utilizing blockchain technology to create cutting-edge fan engagement experiences, Chiliz has established a strong reputation in the sports and entertainment industries. With the launch of the PEPPER token, PepperChain will become an essential component of this ecosystem.
The token is anticipated to augment the platform’s overall functionality, promoting increased engagement among community members. Chiliz aims to increase awareness of PepperChain’s upcoming initiatives and innovations, generating enthusiasm for the ecosystem’s upcoming developments.