Telegram-based crypto game Hamster Kombat will hold its first token airdrop on September 26, following a delay.
In a post on its Telegram channel, which boasts over 52 million subscribers, the team confirmed the token generation event (TGE).
According to Hamster Kombat’s whitepaper, the airdrop is expected to be the largest ever in the Web3 industry, with 60% of the airdrop’s volume dedicated to players. The remaining 40% will be allocated for market liquidity, ecosystem partnerships and grants, rewarding squads, and other items.
The team initially planned the airdrop for July but postponed it due to technical challenges, which made it “impossible to predict” the original date.
No venture capital or early investments back the token, meaning its value will be driven purely by organic demand and community interest, as per the announcement.
The Hamster Kombat airdrop aims to surpass previous records, including Uniswap’s UNI airdrop, which is valued at over $6.43 billion.
One of the major hurdles for the airdrop was the sheer number of users expected to participate. In July, the team reported having about 50 million daily active users across 190 countries, though the exact number of genuine users versus bots remains unclear.
Hamster Kombat gained attention following the success of the Telegram-based game Notcoin, which airdropped over 80 billion NOT tokens in May, valued at around $1 billion at the time. Hamster Kombat’s founders said that Notcoin’s success inspired them to create their own game and they are planning a second airdrop in the future.
Earlier this month, Binance hinted about possibly adding Hamster Kombat ($HMSTR) to the world’s largest digital asset ecosystem.
After its debut on CoinMarketCap, Hamster Kombat will be soon available on Binance, making it easier for users to trade. The mega platform apparently seeks to attract a large user base, considering Hamster Kombat’s community of over 300 million members and 50 million daily players.
Initially set for launch in July 2024, the release has been delayed due to technical challenges with the massive airdrop involving over 250 million users. Despite this, $HMSTR is available for pre-market trading on exchanges such as Gate.io, OKX, Bybit, KuCoin, and Bitget, although the exact launch date remains uncertain.
Hamster Kombat, described as a “crypto exchange CEO simulator,” has become the most popular Telegram mini app in the idle game genre.
Hamster Kombat has set multiple world records, including being the first YouTube channel to gain over 10 million subscribers in one week. The game’s YouTube page is growing faster than Mr. Beast’s, the platform’s most subscribed-to channel globally.
The game’s YouTube channel has gained 32 million subscribers since its launch in May, its X profile has 11.3 million followers, and its official Telegram channel has 49.4 million subscribers.
