Popular cryptocurrency game Hamster Kombat has started listing tokens on major markets including OKX and ByBit. Still, the ongoing community unrest surrounding the recent HMSTR token airdrop has dampened enthusiasm surrounding the release.
Hamster Kombat: ‘Unfair’ token distribution
The Hamster Kombat crew is accused of unfairly distributing the HMSTR tokens via the air. Many players who invested a lot of time and money into the game only received a meager fraction of the expected tokens; some were worth barely $50.
The community is particularly upset about the role of referrals in determining token allocations. The number of tokens the player received was relatively higher in proportion to the number of referrals he or she had, compared to the other regular players. Furthermore, the team did not receive more than 2 million people in an airdrop after labeling the users as ‘cheaters’.
HAMSTER MATH
Season 1 results are final:
As of March 26, 2024, more than 300 million people have joined Hamster Kombat, 131 million people qualified for the September 26 airdrop, and approximately 2.3 million were banned as cheaters.
30.6 million qualified… pic.twitter.com/LH5eD3i8al
— Hamster Kombat (@hamster_kombat) September 22, 2024
Lack of transparency and broken promises
Other criticisms of Hamster Kombat include its perceived inability to be more open and its failure to keep some promises to the community. The team promised several big incentives to players, such as an “equally important” reward system that never came to fruition.
The use of ‘keys’ during the final weeks of Season 1 also caused confusion, as no clear information was given about their importance, with some players only focusing on collecting keys only to later find out that they were banned are due to short changes.
Boycott threats and community response
The community’s dismay over the token distribution has resulted in a notable decline. Many of the players who branded the airdrop as a ‘scam’ have expressed their anger on social networking sites. Some have even promised to sell their tokens immediately after the offering and abstain from the game.
The Hamster Kombat team has not yet provided a clear explanation or solution to 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 actively follow the project and invest in the premarket should know that the price of the token can skyrocket to the right value and fall to a low level. Most players and investors see great hope in the listing, but this issue that has arisen recently should prompt them to take cautious steps.
In the meantime, Hamster Kombat will have to answer the community’s complaints and rebuild trust when the dust settles if it wants to maintain its long-term success and appeal.
Featured image of Protos, chart from TradingView