Hamster Kombat, the Telegram-based tap-to-earn game, is preparing to release its HMSTR token on The Open Network (TON) on September 26.
It was announced on September 12 that 3 billion HMSTR tokens will be distributed to Binance customers as part of a Launchpool campaign.
This campaign will allow eligible Binance users to stake their Binance Coin (BNB) and First Digital USD (FDUSD) to earn a share of the tokens. The staking period is scheduled to run from September 19 until the official token release date.
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The HMSTR token will have a total supply of 100 billion tokens, 60% of which will be distributed to players of the game. The team hinted that the distribution method would be based on individual game progress, offering more tokens to players who have invested more time and effort into the game.
A spokesperson for Hamster Kombat said:
The upcoming HMSTR airdrop is set to be the largest in crypto history. And we don’t have any venture capital investors. The only way to get the token is to play.
Hamster Kombat has made headlines due to its rapidly growing player base, reportedly attracting over 300 million users since its launch.
This number of players has raised concerns about whether TON can manage the anticipated demand. TON experienced two outages in August driven by a surge in network traffic from the launch of the DOGS memecoin.
Hamster Kombat’s token launch is expected to be a defining moment for the growing trend of blockchain-based games hosted on Telegram.
Gode is a Web3 Market Analyst who researches the most important industry events and interprets how they affect the wider Web3 space. Her formal education in media culture & digital rhetoric allows her to employ a methodical approach to evaluating critical Web3 news data, including large-scale events and the wider social sentiment within the ecosystem.
Gode is a mutilingual professional, having studied in multiple universities all across Europe. This allows her to have a one-of-a-kind opportunity to analyze Web3 social sentiments spanning different cultures and languages and, in turn, develop a much deeper understanding of how the Web3 space is growing within different communities. With the rest of her team, Gode works to identify crucial crypto news patterns and provide unbiased and data-driven information.
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