Hamster Kombat launches listing, but community is still unhappy

Hamster Kombat itemizing launch is coming quickly. What to anticipate from this occasion?

The builders introduced the tip of incomes cash the in-game coin amid the upcoming itemizing and decided the quantities earned by customers.

Now that every one the cash have been distributed, customers eagerly await the beginning of buying and selling. Listed below are the primary highlights of the itemizing of the Hamster Kombat token (HMSTR).

HMSTR itemizing: expectations and actuality

It’s anticipated that on Sep. 26, a number of cryptocurrency exchanges will launch the itemizing of the HMSTR token, together with Binance.

What’s going to occur to the HMSTR token on the itemizing? There isn’t a clear reply to this query, however it’s price remembering that 87.3% of the tokens that may initially be launched to the market can probably be bought for the reason that holders of those tokens need to take at the least a cent for his or her many months of efforts.

As well as, historical past exhibits that every one tap-to-earn sport tokens fall a technique or one other after itemizing, for instance, Notcoin (NOT), Canines (DOGS) and Catizen (CATI). Due to this fact, sustaining the token’s worth through the itemizing might be difficult for the Hamster Kombat group.

With a excessive diploma of chance, many customers will place promoting orders and convey down the worth. Stocking with enormous percentages is unlikely to draw them now — the ephemeral alternative to earn one other $20 in six months won’t console them.

The one factor that may assist keep the worth is HODL. Nevertheless, it’s arduous to imagine that anybody aside from the venture group will need to maintain HMSTR for a very long time after the token distribution. If among the many customers who obtained the drop — the bulk — are the wallets of the group itself. On this case, they won’t promote cash from these wallets and can maintain the worth.

What the neighborhood says

For a number of months, the crypto neighborhood has been eagerly awaiting the itemizing of HMSTR. Nevertheless, final week, hundreds of thousands of them have been dissatisfied as a result of quantity of reward funds.

The distribution of HMSTR tokens did happen, however the avid gamers weren’t happy with the scenario: it turned out that the majority of them would obtain about $50. As well as, the creators determined to shortchange and block a number of the gamers altogether.

After the distribution, a heated dialogue of the unfair airdrop started on social networks. First, the gamers have been shocked that the primary supply of tokens through the distribution was not passive revenue, which they’d beforehand warned about, however those self same keys.

Others famous that the sport was not definitely worth the effort just because individuals left their smartphones on in a single day, killing the battery — in return, probably the most skilled obtained a most of $50.

In a dialog with crypto.information, neighborhood members additionally didn’t present enthusiasm for the upcoming itemizing. Customers expressed disappointment with the outcomes of the token accrual, noting that they anticipated far more for his or her efforts.

“I spent nearly the whole summer season aspect by aspect with the hamster. I clicked on the hamster all my free time, believing that any work ought to be adequately rewarded. However I used to be nonetheless fortunate — in any case, I used to be not accused of dishonest, and the rewards have been awarded.”

Jasy, Hamster Kombat participant

“The one cause I’m ready for the itemizing is to promote the tokens. I don’t contemplate these tokens good for long-term possession, however I believe it’s clear why. My expertise in Hamster Kombat is simply finger coaching and nothing extra.”

Mitsuko, Hamster Kombat participant

“General, I’m proud of the dimensions of the reward. At first, I didn’t have excessive expectations and handled it as nothing greater than one other hype development. Keep in mind NFT, move-to-earn? What occurred to them ultimately? That’s why you must by no means count on vital rewards with one-day initiatives.”

Alien, Hamster Kombat participant

Will Hamster Kombat’s itemizing have an effect on crypto market?

When hundreds of thousands of DOGS app customers tried to get its free tokens concurrently, the TON community barely coped with the load. Now, a coin from an much more common sport is on the brink of go stay on the trade.

The sport builders declare that there are 300 million gamers who may even be awarded tokens that may be bought on crypto exchanges. At the least a number of of the biggest crypto buying and selling platforms have already introduced the beginning of buying and selling within the HMSTR token, which may even be launched on the TON community.

Hamster Kombat has an enormous person base. When everybody begins withdrawing tokens to their wallets, the community might freeze as a result of excessive load because it was with DOGS. The distribution of HMSTR tokens to customers’ wallets may decelerate the TON blockchain for a number of weeks.

Maartunn, neighborhood analyst at CryptoQuant, informed crypto.information that the launch and airdrop of the Hamster Kombat token may impression the crypto market in two vital methods.

Within the quick time period, Hamster Kombat will generate excessive exercise and dominance on the TON Community.

“Within the quick time period, Hamster Kombat will generate excessive exercise and dominance on the TON Community. We’ve seen related traits with the DOGS airdrop, the place, at sure hours, the token accounted for 30% to 50% of all transactions on the TON blockchain. Following the Hamster Kombat token airdrop, I count on an analogous impact.”

Maartunn, neighborhood analyst at CryptoQuant

In the long term, TON is steadily rising traction, Maartunn says. In the beginning of this yr, there have been roughly 1.5 million transactions from round 338,000 customers. At the moment, this has surged to roughly 15.8 million transactions and three.8 million customers, reflecting a tenfold improve in each metrics.

The launch of common tokens like Hamster Kombat is important in driving this progress, mentioned Maartunn, pointing to a chart displaying the variety of distinctive customers and transactions on the TON community.

Dangers and scandals round Hamster Kombat

Regardless of its recognition, the venture has not been with out its share of issues. Probably the most notable are allegations of manipulation and underpayment to early buyers. This has given rise to suspicions that the Hamster Kombat group can also be unfairly treating unusual gamers.

As well as, many customers have encountered scams: phishing websites, pretend airdrop dates, and even makes an attempt to hijack accounts have develop into widespread issues that undermine belief within the venture.

Those that actively comply with the venture and put money into the premarket ought to perceive that the token’s correct worth can rise and fall considerably. Many gamers and buyers have excessive hopes for the itemizing, however the uncertainty related to latest issues ought to pressure them to behave rigorously.