Currently, more than 300 million players from both the Web2 and Web3 communities are interacting with the project, earning in-game currencies as they complete daily tasks and challenges.
Key Notes
- Hamster Kombat has introduced new earn program that allows users to earn up to 300% APY for claiming their airdrop allocations directly from its wallet on Telegram.
- The program is starting September 24 and will last for approximately seven days.
- The move comes as Hamster Kombat plans to round up the Season 1 of the game on September 20 to enable it take a snapshot of the platform to aid in token distribution
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Hamster Kombat has announced a new Earn Program tailored for users claiming their airdropped tokens through Telegram. The program is set to begin on September 24, two days before the token’s official launch, offering users the opportunity to increase their holdings.
The promotion is designed for those who claim their $HMSTR tokens directly from the Hamster Kombat wallet on Telegram. According to the announcement, users can access the exclusive Wallet Earn campaign, which offers a remarkable 300% APY for a limited period of seven days.
A New Strategy to Boost Token Engagement
The new initiative aims to reward early supporters of the project and incentivize holding and trading of the token ahead of its launch on September 26.
To participate in the promotion, users need to choose “Wallet” as their airdrop claim method within the Hamster Kombat app. Hamster Kombat explained that by selecting this option under the “AirDrop” tab, users can seamlessly verify their accounts and have their tokens transferred directly into their Telegram wallets.
From there, the tokens can be transferred to exchanges for trading or even shared to other Telegram contacts without incurring additional fees.
The earn program represents a key part of Hamster Kombat’s strategy to enhance the utility of its token ecosystem, encouraging active user participation in the early stages of the project. The game is betting that its community-centric approach, combined with attractive incentives, will help solidify HMSTR as a strong contender in the competitive crypto landscape.
In July, the game developers released the project’s Whitepaper, disclosing that HMSTR will not be backed by venture capital or institutional investors to avoid sell pressure which could harm the token’s performance.
“Since we have neither investment firms nor VCs backing us, there is no extra sell pressure, and the community-driven token and its value will be determined by demand, supply, and community interest,” the Whitepaper reads.
Game Milestones and Upcoming Features
Hamster Kombat was introduced into the crypto market in March 2024 following the launch of another tap-to-earn (T2E) game known as Notcoin (NOT) on Telegram. Since then, the project has achieved a series of milestones, making history as one of the most popular games on Telegram.
Currently, more than 300 million players from both the Web2 and Web3 communities are interacting with the project, earning in-game currencies as they complete daily tasks and challenges.
Earlier this week, the game introduced an anti-cheating strategy to ensure fair play among users. Users who are found trying to outsmart the system will receive the “cheating is bad” warning that could potentially disqualify them from participating in the airdrop.
In addition to the anti-cheating initiative, Hamster Kombat announced that it will be bringing season 1 of the game to an end on September 20. The project hinted that it will bring more excitement for players in season 2. However, details of the upcoming season are yet to be released.
That same day, the project developers will take a snapshot of the network’s activities at approximately 18:00 UTC on September 20.
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Chimamanda is a crypto enthusiast and experienced writer focusing on the dynamic world of cryptocurrencies. She joined the industry in 2019 and has since developed an interest in the emerging economy. She combines her passion for blockchain technology with her love for travel and food, bringing a fresh and engaging perspective to her work.
