TLDR:
- Hamster Kombat, a viral play-to-earn crypto game, criticized venture capital funding as an “exit liquidity” activity and turned down all investment offers.
- The game has gained significant popularity with a claimed 200 million users and 53 million subscribers on its Telegram channel.
Hamster Kombat, a popular play-to-earn crypto game, has garnered attention for its strong stance against venture capital funding practices in the Web3 space. The developers of the game, which boasts 200 million users and 53 million subscribers on Telegram, have rejected offers from major venture capital firms, aiming to focus on creating innovative projects that deliver real value and revenue rather than solely seeking funding. The game’s approach has drawn criticism towards VC funding in the crypto industry, with concerns about the impact on token valuation and investor losses. Despite the challenges in the funding landscape, Hamster Kombat remains committed to its user-focused model and plans to introduce the HMSTR token through exchanges in the future.
