Hamster Kombat Token Launch Sparks Controversy Over Distribution Mechanics
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Viral
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Hamster
Kombat
is
facing
a
backlash
ahead
of
its
launch
of
the
HMSTR
crypto
token
on
Thursday
after
players
slammed
the
distribution
mechanics
for
its
airdrop,
which
could
be
the
largest
in
history.
Players
are
especially
unhappy
with
a
previously
unknown
plan
to
withhold
11.25%
of
the
tokens
until
July
2025,
while
there
is
also
dissatisfaction
with
allocation
criteria,
with
some
players
arguing
that
an
excessive
number
of
tokens
are
being
distributed
to
YouTube
influencers.
“People
invested
weeks
and
months
grinding
in-game,
only
to
receive
Rupees
500
worth
of
$HMSTR,”
said
Anuj
Gupta
on
X.
“Meanwhile,
influencers
who
did
no
work
earned
Rupees10
lakh
[1
lakh
=
100,000]
in
$HMSTR
through
referrals
alone.
Everyone
was
expecting
significant
airdrops,
but
it
always
turns
out
like
this.”
–
People
invested
weeks
and
months
grinding
in-game,
only
to
receive
₹500
worth
of
$HMSTR.
–
Meanwhile,
influencers
who
did
no
work
earned
₹10
lakh
in
$HMSTR
through
referrals
alone.
–
Everyone
was
expecting
significant
airdrops,
but
it
always
turns
out
like
this.—
Anuj
Gupta
(@financeanuj)
September
22,
2024
Over
300
million
people
have
joined
Hamster
Kombat
since
March
26,
and
131
million
qualified
for
the
airdrop
on
September
26th.
Around
2.3
million
were
banned
for
cheating,
Hamster
Kombat
said
on
X.
The
Hamster
Kombat
airdrop
of
HMSTR
could
set
a
record
measured
by
number
of
recipients.
I
think
$HMSTR
is
undervaluedEasy
x2
from
pre-market
priceLets
compare
$HMSTR
and
$NOT$HMSTR:
1bln
FDV
(pre-market)$NOT:
770mln
FDV
(ATH
=
$2.1bln)P.S.
100%
of
$NOT
are
in
circulation$HMSTR
has
65%
circulation
on
TGE.
Hence,
based
on
the
premarket
price
($HMSTR
=…
pic.twitter.com/eGaHqNLhlS—
Cryptophile
(@Cryptophileee)
September
22,
2024
Hamster
Kombat
Airdrop
May
Not
Overload
the
TON
Blockchain
The
team
had
postponed
the
airdrop
earlier
this
year,
warning
of
a
potential
overload
for
the
Ton
blockchain.
But
it
will
reportedly
use
a
new
technology
for
the
airdrop
that
will
spare
the
Ton
blockchain
from
overload
witnessed
during
the
Notcoin
(NOT)
and
Dogs
(DOGS)
airdrops.
You’ve
never
seen
anything
like
this
on
TON!
????????Forget
what
you
know
about
tokens;
this
isn’t
a
scam,
and
it’s
definitely
not
a
honeypot.
It’s
called
Mintless
Token
Technology,
the
next
big
thing
on
the
TON
blockchain!Imagine
creating
and
distributing
tokens
to
millions
of…
pic.twitter.com/nsPGUL5NQQ—
DamX
(@damxton)
September
21,
2024
This
technology,
called
the
Mintless
Jetton,
allows
tokens
to
be
distributed
instantly
to
millions
of
users
with
extremely
low
network
fees.
HMSTR
will
be
listed
on
exchanges
including
Binance,
the
world’s
largest,
ByBit
and
OKX.
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