Hamster Kombat Rejects Venture Capital Offers

Tatevik Avetisyan
By Tatevik Avetisyan 3 Min Read
Hamster Kombat Rejects Venture Capital Offers

YEREVAN (CoinChapter.com) — The creators of Hamster Kombat, a Web3 game, have turned down multiple offers from top venture capital firms. They announced on August 10 that they have rejected every offer. The team is committed to keeping the game fair and focused on players.

Hamster Kombat Manifesto - August 10, 2024"
Source: Hamster Kombat Telegram Channel
Hamster Kombat Manifesto – August 10, 2024. Source: Hamster Kombat Telegram Channel

Hamster’s team believes accepting venture capital could compromise their mission. They aim to maintain a system that rewards players based on participation, not investor influence.

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Many crypto games rely on venture capital funding, which some critics say can shift focus from player satisfaction to investor goals. Kombat’s developers want to avoid this, ensuring the game remains player-centered.

Hamster Kombat Hits 300 Million Users, Gains Praise and Pre-Market Trading

Hamster’s popularity is growing rapidly. As of July, the game has attracted over 300 million users, reaching this milestone just 81 days after its launch. This achievement sets a new record in Web3 game development.

Hamster Kombat's Explosive Growth on Telegram"
Source: Du Rove's Telegram Channel
Hamster’s Explosive Growth on Telegram. Source: Du Rove’s Telegram Channel

Telegram founder Pavel Durov has praised Hamster Kombat as an example of how blockchain technology can reach a wide audience. The game’s success has led to interest in its potential to drive blockchain adoption in gaming.

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Crypto exchange Bybit has listed the game’s HMSTR token for premarket trading on its over-the-counter (OTC) platform. This allows users to acquire the token before it becomes available on traditional exchanges. Bybit noted that OTC trading could influence the token’s final listing price.

Bybit Pre-Market Launch of Hamster Kombat (HMSTR)"
Source: Bybit, July 8, 2024
Bybit Pre-Market Launch of HMSTR. Source: Bybit, July 8, 2024

Preparing for Massive Airdrop, Scam Warnings

Hamster Kombat’s developers are preparing for what they call “the largest airdrop in crypto history.” They have reserved 60% of the upcoming HMSTR tokens for players. The remaining tokens will be used for liquidity, partnerships, in-game rewards, and ecosystem development.

HMSTR Airdrop Tab. Source: Hamster Kombat
HMSTR Airdrop Tab. Source: HamsterKombat

The rapid success of Hamster Kombat has made it a target for scammers. The game’s community has faced phishing attacks and fake airdrop schemes. In response, the Hamster Kombat team issued a warning on Telegram, advising users to be cautious and not trust individuals or groups offering sales of the token before its official launch.

Tatevik Crypto Journalist CoinChapter

Tatevik Avetisyan

Tatev Avetisyan is a Markets Writer and Analyst at CoinChapter, covering cryptocurrency markets, policy, and regulation. With over seven years of experience in business and marketing development, she has spent the past two years specializing in digital assets and has authored more than 2,000 articles on crypto markets and regulatory developments. She contributes as a guest writer to leading industry publications and is a prominent Web3 advocate in Armenia through Web3Armenia. Her work reflects a broader focus on artificial intelligence and Web3 technologies. Tatev maintains a diversified crypto portfolio, with Bitcoin as her primary holding above CoinChapter’s $1,000 disclosure threshold.

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