Hamster Kombat Token Distribution Will Go Through Binance?
2024-09-13Bittime - Binance users will be able to get a share of 3 billion HMSTR ahead of the launch of the Hamster Kombat token on TON. Will Hamster Kombat token distribution be via Binance? The answer is in this article!
Popular tap-to-earn game on Telegram, Hamster Kombat, will launch its HMSTR token on The Open Network (TON) later this month along with an airdrop to its millions of players.
On Thursday, the developers announced plans to give away billions of tokens to Binance customers as well, via the Launchpool rewards campaign.
HMSTR Token Has a Supply of 100 Billion, Distributed Via Binance?
The HMSTR token will have a total supply of 100 billion tokens, the anonymous Hamster Kombat team revealed on Thursday as part of the announcement—and 3 billion of those tokens have been allocated to the Binance Launchpool campaign.
Binance customers in legally permitted countries—excluding the United States, for example—will be able to invest Binance Coin (BNB) and the FDUSD stablecoin in a week-long rewards campaign to earn a share of HMSTR tokens. The campaign will run from September 19 to September 26, the token launch date.
Read also: What is NOTAI Airdrop and $NOTAI Token?
Launchpool campaigns have been used for dozens of previous token launches, including major gaming tokens in 2024 such as Pixels (PIXEL) and Portal (PORTAL), with Binance customers investing billions of dollars worth of BNB and FDUSD in both campaigns to get a share of the rewards.
The Launching of the HMSTR Token Will Be an Important Event
The launch of the Hamster Kombat token is sure to be a significant event in Telegram's growing gaming space. Remember, the game has reportedly attracted more than 300 million players to date.
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The size of the player base has raised concerns about whether TON, which failed twice in late August, can handle that level of demand.
This isn't the only big Telegram gaming token set to launch at the end of September, with Catizen and Rocky Rabbit also setting their respective TON token debuts ahead of the HMSTR token generation event.
Rising Telegram game Elon Musk-themed X Empire plans to launch its token soon after HMSTR.
The Hamster Kombat team said in July that it plans to airdrop 60% of its total token supply to early players, meaning that if the estimate remains accurate, then 60 billion tokens will be split among millions of claimants.
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