The recent listing of Hamster Kombat’s HMSTR token saw a sharp 20% price drop, sparking discussions among airdrop recipients. Initially priced at $0.014, the token now trades around $0.011.
Hamster Kombat Airdrop and Token Distribution
Hamster Kombat, a popular tap-to-earn game built on The Open Network (TON) blockchain, recently distributed 60 billion tokens to 131 million qualified players. Since its March launch, the game has attracted over 300 million users, driving high traffic to the TON blockchain, which is closely linked to Telegram.
On Thursday, trading of the HMSTR token began at 12:00 UTC, with listings on major exchanges like Binance, OKX, Bitfinex, and Bitget. In addition to trading, Hamster Kombat enabled on-chain token claims, allowing players to withdraw tokens immediately.
Blockchain Challenges and Developer Warning
This token release is a significant milestone for both Hamster Kombat and the TON blockchain. However, it also presents a technical test. TON had previously experienced outages during the DOGS airdrop in August. Developers had warned of a potential increased load on the blockchain due to the game’s large user base.
In a statement, TON developers shared, “We expect an increased load on the blockchain from September 26 as Hamster Kombat, with over 100 million active monthly users, begins minting tokens. This is a first-of-its-kind event for the blockchain industry.”
Strategic Roadmap and Future Plans
On Wednesday, Hamster Kombat revealed its strategic roadmap, outlining plans to create a Web3 gaming platform with integrated external payment systems and new game releases. The roadmap also includes the incorporation of NFTs as in-game assets and the development of an advertising network. Revenues from this network will help fund token buybacks and rewards distribution.
Notably, only 43% of the total user base received tokens in this airdrop. Additionally, 11.25% of the tokens are locked for 10 months, a move designed to stabilize the token price and encourage long-term value for holders.
