Hamster Kombat Will Launch NFT and Game Features, HMSTR Price Drops 43%
2024-09-27
Bittime - Hamster Kombat announced their roadmap for 2024 to 2025. Not only expanding the scope of games, Hamster Kombat also plans to launch the Web3 platform to enrich the gaming experience.
This grand plan is expected to take their gaming ecosystem to the next level with the integration of external payment systems, the launch of new games, and the introduction of non-fungible token (NFT) assets as part of in-game items.
The Hamster Kombat Team Wants to Provide a Different Playing Experience
They also mentioned that their main focus is to provide a different gaming experience from the traditional Web3 model which generally only centers on incentives in the form of token prizes or airdrops.
On September 23, Hamster Kombat announced a token airdrop which was highly anticipated by players. However, of the total 300 million registered users, only around 131 million users, or around 43%, were eligible to receive the airdrop.
Read also: HMSTR Coin will be a TON transaction fee on Tonkeeper Wallet
Furthermore, they also revealed that around 2.3 million users had been blocked because they were caught using cheats in the game.
To keep players engaged after the airdrop, Hamster Kombat has prepared some quite interesting strategies. One of them is a token locking system or token vesting.
A total of 11.25% of the total tokens distributed after the first season of the game will be locked for 10 months before they can finally be used. This step is expected to create price stability and prevent mass sales of tokens which could damage the gaming ecosystem.
Token Buyback and Burn Plan
Not just stopping at the NFT launch, Hamster Kombat has also made other big plans. This is to increase the value of the token and maintain the balance of the in-game economic ecosystem.
One of the highlights is the launch of a dedicated advertising network in December 2024. Revenue from this advertising network will be used to buy back tokens from the market, which will then be distributed as rewards to players.
Apart from that, Hamster Kombat also plans to burn tokens. This process will remove a number of tokens from circulation permanently, with the aim of creating scarcity and ultimately increasing the value of those tokens.
This strategy is often used in the crypto economy to maintain a balance between supply and demand, so that it can encourage an increase in token prices in the future.
Looking ahead to 2025, Hamster Kombat has some other big plans which include the creation of a dedicated NFT marketplace, hosting competitive tournaments between clans, as well as the second phase of their airdrop program.
These moves are part of a long-term strategy to combine elements from Web2 and Web3, and continue to provide players with fresh new content.
Read also: Optimal Way to Sell $HMSTR Hamster Kombat Tokens
HMSTR Token Price Drops
In the midst of various interesting news about development plans, one of the news that stole attention was the free fall in the price of Hamster Kombat's original token, namely HMSTR.
Even though this token has been listed on several major crypto exchanges such as Binance, HashKey, OKEx, Bybit, KuCoin, and MEXC, the value of HMSTR has experienced a drastic decline. In just one hour, the price of the token fell by 10%. Even in the last 24 hours, the value of HMSTR has fallen by 30%, from a price of $0.012 to $0.0087.
This price drop sparked speculation among players and investors regarding the future of the HMSTR token. However, Hamster Kombat seems to remain optimistic about the roadmap they have prepared.
They believe that with the integration of NFTs, a vesting system, and various other plans, their ecosystem will continue to grow and be able to attract more new players and investors.
With the strategic plans prepared by the Hamster Kombat team, the future of this Telegram-based game seems to be even more interesting to follow.
Moreover, with their efforts to provide a gaming experience that is more interactive and worth more than just income, Hamster Kombat could be a pioneer in combining the worlds of traditional gaming and Web3 in the future.
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