Hamster Kombat Prepares for Its Wallet Launch and Payments in HMSTR | Coinspeaker

Hamster Kombat Prepares for Its Wallet Launch and Payments in HMSTR

Godfrey Benjamin By Godfrey Benjamin Julia Sakovich Edited by Julia Sakovich Updated 3 min read
Hamster Kombat Prepares for Its Wallet Launch and Payments in HMSTR
Photo: Hamster Kombat / Twitter

Hamster Kombat might launch its wallet for users ahead of its planned HMSTR launch.

Key Notes

  • Hamster Kombat has sparked a new intrigue with a potential wallet service launch.
  • The Telegram-based game is set to launch its HMSTR token this week.
  • The Hamster Kombat team has implemented systems to avoid cheating in its planned token distribution.

A recent post on its official Telegram channel suggests that Hamster Kombat is preparing for its wallet launch and payment using its native token, HMSTR. On September 24, the Telegram-based Tap-to-Earn (T2E) game acknowledged that “Things are in motion”.

If confirmed, this new wallet suggests Hamster Kombat is likely to evolve beyond its T2E status into an infrastructure service provider. This transition is ideal for sustainable ecosystem growth.

Hamster Kombat Season 1 and HMSTR Tokenomics

The crypto community and members of the TON ecosystem are highly expectant of the HMSTR airdrop scheduled for September 26. So far, Hamster Kombat has done a great job providing updates to its players and the public. On September 22, the T2E game revealed the result of the snapshot it conducted on September 20.

Out of the 300 million players it has amassed since March 26, 2024, when the game launched, only 131 million qualified for the long-awaited airdrop. This is equivalent to only about 43.7% of its entire player base. The team behind the game discovered that 2.3 million players were cheaters. Another 30.8 million who qualified have yet to choose the withdrawal method for their tokens.

The total supply of HMSTR is 100 billion, and 75% of this is allocated to the community. However, only 60% will be distributed after Season 1. From this 60% of users, 88.75% will be issued to them during the airdrop, while 11.25% will be vested and locked ten months after the listing. The other 15% for the community will be distributed in Season 2.

It is worth noting that Season 1 ended already on September 20.

Hamster Kombat’s Efforts towards Seamless Token Distribution

The team behind Hamster Kombat is keen to ensure that the HMSTR token goes to dedicated players once launched. To “protect the Hamster”, they launched an anti-cheat strategy. This initiative is focused on providing a level playing field by cracking down on its ecosystem manipulators.

Hamster Kombat took this step after it suspected some of its players were engaging in malicious behaviors to outsmart the system. They used other illegal means to receive additional earnings, which disadvantaged dedicated players. With the anti-cheating initiative, the team is positive that dedicated players are protected and that rewards will be distributed fairly.

Additionally, Hamster Kombat introduced a new earn program that allows users to earn up to 300% APY for claiming their airdrop allocations directly from their wallet on Telegram. The program is scheduled to begin on September 24, two days before the token’s official launch. It would offer users the opportunity to increase their holdings.

Users must choose “Wallet” as their airdrop claim method within the Hamster Kombat app to participate in the promotion. Hamster Kombat explained that by selecting this option under the “AirDrop” tab, users can seamlessly verify their accounts and transfer their tokens directly into their Telegram wallets.

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

Hamster Kombat (HMSTR) News, Altcoin News, Cryptocurrency News, News
Godfrey Benjamin

Benjamin Godfrey is a blockchain enthusiast and journalist who relishes writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desire to educate people about cryptocurrencies inspires his contributions to renowned blockchain media and sites.

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