Introducing Hamster Cash, Project from Hamster Kombat Co-Founder

Coinspeaker
Introducing Hamster Cash, Project from Hamster Kombat Co-Founder

Updated on September 24, 2024:  According to the information from the Hamster Kombat project, all co-founders of Hamster Kombat are still with the team.

While the crypto community awaits the official airdrop of Hamster Kombat‘s native token HMSTR, there appeared news that a former co-founder of the Telegram-based Tap-to-earn (T2E) game has introduced something new. Dubbed Hamster Cash, the new platform is based on the ERC-20 standard, ensuring security and liquidity. It offers an enhanced user experience with bigger airdrops and an expanded set of other features.

These features include creating Non-fungible tokens (NFT), peer-to-peer (P2P) trading, and 50% cashback on marketplace transactions. Users can also decide to participate in liquidity pools within the platform’s ecosystem. There is a lot of buzz about what the platform offers and whether users should consider transitioning.

Driving Force behind Hamster Cash Creation

The desire to provide users with more meaningful incentives supposedly led the ex-Hamster Kombat executive to pursue the creation of the new protocol. He strongly felt that the rewards from Hamster Kombat did not suffice. However, with Hamster Cash, there is a promise of bigger airdrops, real-world value, and a smoother experience for both new and old users.

According to the developer, these enhanced airdrops with real-world value are way better than the limited, game-centric rewards of its predecessor, Hamster Kombat. The rewards could be transferred to Ethereum wallets, while the payment is later secured via major exchanges like Binance, ByBit, and OKX.

In the long run, these features are likely to entice gamers to transition from Hamster Kombat to Hamster Cash. A seamless process already exists to achieve this transition, involving the transfer of players’ in-game progress, achievements, and status.

To distinguish between Hamster Cash and Telegram mini-apps with big promises and little substance, the developer backed the project with real financial infrastructure. It would launch on major cryptocurrency exchanges and integrate secure payment channels. This aims to bridge the gap between gaming and Decentralized Finance (DeFi).

Along the line, users are guaranteed a chance to turn their gaming achievements into actual monetary rewards. The presence of the Hamster Marketplace, Hamster Launchpool, and Hamster Academy makes it very easy for users to earn, trade, and invest.

While there is growing hype around Hamster Cash, the project is still new and may turn out to be a scam. Investors need to conduct extra research before embracing the project.

Only 131 Million Players Qualifies for Hamster Kombat Airdrop

On the other hand, Hamster Kombat has unveiled the results of the snapshot it conducted on September 20, marking the end of its first season. Between March and September 2024, the game attracted more than 300 million active players. However, only about 131 million players qualified for the airdrop.

The figures’ shortfall could be attributed to the anti-cheat strategy introduced about two days before the snapshot was taken. The initiative was designed to curb exploitative behavior and provide a level playing field by cracking down on those who attempt to manipulate the system. It protects dedicated players and ensures that rewards are distributed fairly.

The HMSTR token listing on exchanges is still scheduled for September 26. On that same day, the airdrops will be distributed to eligible users.

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Introducing Hamster Cash, Project from Hamster Kombat Co-Founder