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Reading: Hamster Kombat loses practically 260 million gamers in simply three months
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Michigan Post > Blog > Crypto & Web 3 > Hamster Kombat loses practically 260 million gamers in simply three months
Crypto & Web 3

Hamster Kombat loses practically 260 million gamers in simply three months

By Editorial Board Published November 4, 2024 2 Min Read
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Hamster Kombat loses practically 260 million gamers in simply three months

Hamster Kombat, the tap-to-earn Telegram recreation that boasted a large 300-million-strong consumer base again in August, has reportedly shed 259 million gamers.

The sport’s energetic month-to-month participant depend at present stands at nearly 41 million and its token, which launched at a excessive of $0.009993 on September 26, has dropped by 76% to $0.002392 at the moment.

Earlier this 12 months, Telegram’s CEO described Hamster Kombat as “the fastest-growing digital service in the world,” and claimed it’s a part of a brand new period of mini apps that might convey blockchain to the plenty.

Nonetheless, regardless of the promise of crypto riches, the sport’s sloppily put-together AI artwork and tedious gameplay haven’t been sufficient to retain its once-strong participant base.

Hamster Kombat’s participant depend has dropped 86% since launch.

Hamster Kombat’s chequered historical past 

Native media in Nigeria reported that many gamers have been left feeling betrayed and cheated by Hamster Kombat’s token airdrop. Certainly, BeInCrypto reported that the majority customers may solely promote their HMSTR tokens for a single-digit determine regardless of months of grinding on the app. 

Hamster Kombat additionally regularly delayed this airdrop and disqualified many gamers unfairly caught off guard by its new anti-cheat system. In whole, a reported 2.3 Million customers have been banned, and 6.8 billion HMSTR tokens have been confiscated.  

Extra distinctive strategies of farming the sport have been found.

The sport even spooked governments. Iran’s navy deputy chief claimed that it was distracting voters from its election and known as it a “soft tool” utilized by the West to problem Iran’s non secular authorities. The chairman of Russia’s State Duma Committee additionally known as for a ban whereas branding the sport a rip-off. 

Extra not too long ago, on October 12, Hamster Kombat posted a disclaimer distancing itself from Gotbit which had simply been charged by the Securities and Alternate Fee and accused of providing “market manipulation as a service.”

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