The team behind the popular Web3 game Hamster Kombat recently disclosed that they have turned down multiple offers from top venture capital firms in the cryptocurrency space. According to an announcement made on August 10, the decision to reject external funding was driven by a commitment to safeguarding the interests of the game’s player base and maintaining a focus on providing a meritocratic gaming experience.
The developers stated that their goal is to ensure that rewards within Hamster Kombat are earned by active participation rather than being influenced by external financial interests. This approach sets Hamster Kombat apart from many other crypto games and projects that rely on venture capital funding, where critics have argued that such funding can sometimes prioritize investor exit strategies over the long-term benefits for players.
The team did not disclose which venture capital firms had expressed interest in funding the Telegram-based game. However, they emphasized their dedication to keeping the game community-driven, noting that 60% of the upcoming HMSTR token supply will be reserved for players. The remaining tokens will be allocated for liquidity, future partnerships, in-game rewards, and ecosystem development.
The developers have also teased what they are calling “the largest airdrop in crypto history,” as the game continues to gain traction in the Web3 gaming sector. In July, the Hamster Kombat team announced that the game had surpassed 300 million players, following an initial surge of 239 million users in just 81 days. Both the Hamster Kombat team and Telegram founder Pavel Durov have highlighted the game’s potential to introduce blockchain technology to a broader audience, contributing to its wider adoption.
In a related development, cryptocurrency exchange Bybit has listed HMSTR for premarket trading on its over-the-counter (OTC) platform, allowing users to secure the token ahead of its official exchange listing.
While Bybit noted that OTC trading could potentially influence the final listing price, the exchange also pointed out that other factors will play a role in determining the spot trading price of HMSTR once it launches.
Despite the game’s success, Hamster Kombat’s rapid growth has also attracted unwanted attention from malicious actors. The game’s community has become a target for scammers advertising fake HMSTR airdrops, prompting the development team to issue a warning on Telegram. Users were cautioned against engaging with any individuals or groups claiming to offer sales of the token, which has yet to officially launch.
The Hamster Kombat team remains vigilant in protecting its community and ensuring that the game’s growth is aligned with the interests of its players rather than external financial influences.
