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August 13, 2024
1 min read

Hamster Kombat Rejects VC Funding Offers



TLDR:

  • Hamster Kombat has attracted over 300 million users and set records in Web3 game development.
  • The team has turned down venture capital offers to focus on providing players with a meritocratic experience.

The team behind Hamster Kombat has refused multiple venture capital offers to safeguard the player base and prioritize delivering a rewarding gaming experience. They aim to ensure that players are recognized for their participation in the game rather than being at the mercy of investors’ exit strategies. The decision is a departure from the common practice of relying on venture capital funding in the crypto space.

Hamster Kombat has reserved 60% of the upcoming HMSTR token for players, emphasizing their commitment to the gaming community. The developers have teased an upcoming airdrop as the “largest in crypto history,” reflecting the game’s success in attracting users. However, the rapid growth has also made the game a target for scammers, prompting the team to warn users about fake airdrops and phishing attacks.

In July, the game surpassed 300 million players, building on its initial success. Telegram founder Pavel Durov and the team view Hamster Kombat as a way to introduce blockchain technology to a broader audience, potentially driving wider adoption. Crypto exchange Bybit has listed HMSTR for premarket trading, allowing users to secure the token before its official launch on traditional exchanges.

Despite the game’s success, the community has faced challenges from malicious actors and scammers promoting fake airdrops. The Hamster Kombat team continues to navigate these issues while maintaining its focus on providing a rewarding gaming experience for its players.


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