Hamster Kombat Hints at Joining Binance, Plans to Expand into a Gaming Ecosystem
Binance has hinted about possibly adding Hamster Kombat ($HMSTR) to the world's largest digital asset ecosystem. The move, which is yet to be confirmed
Binance may soon add Hamster Kombat ($HMSTR) to its digital asset ecosystem, a move that has generated anticipation among traders and investors.
The world’s largest digital asset exchange platform is yet to officially confirm the addition. However, the exchange has been dropping hints about listing HMSTR, which is used to purchase upgrades in the game and will be airdropped to players.
After debuting on CoinMarketCap, Hamster Kombat will become available on Binance, making it easier for users to trade the asset.
The mega platform is apparently looking to tap into Hamster Kombat’s large user base, as the game boasts over 300 million community members and 50 million daily players.
Initially set to launch in July 2024, the launch was delayed due to technical challenges in handling the massive airdrop, which will see over 250 million users receiving the token.
As of now, $HMSTR is available for pre-market trading on a few exchanges, including Gate.io, OKX, Bybit, KuCoin, and Bitget.
Hamster Kombat, which is described as a “crypto exchange CEO simulator,” has become the most popular Telegram mini app in the idle game genre.
In the game, players start out as a hamster CEO of a cryptocurrency exchange and generate in-game coins by tapping on their avatar and purchasing upgrades to increase their profit per hour.
The game also offers coins for referring friends and completing daily tasks like solving ciphers or buying specific upgrades.
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, which is the platform’s most subscribed-to channel globally.
The game’s YouTube channel has gained 32 million subscribers since it was launched in May, its X profile has 11.3 million followers, and its official Telegram channel has 49.4 million subscribers.
Hamster Kombat also set a record as the fastest product to reach 100 million users, achieving the milestone in just two months.
Earlier this year, Hamster Kombat announced plans for the airdrop of its HMSTR token. The airdrop is expected to be the largest ever in the Web3 industry.
Of the airdrop volume, 60% will be dedicated to players, while the remaining 40% will be allocated for market liquidity, ecosystem partnerships and grants, rewarding squads, and other items.
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.
Beyond the airdrop, Hamster Kombat plans to expand into a holistic gaming ecosystem. The organization will support game studios of varying sizes by offering marketing opportunities, token usage, and collaboration options.
The Hamster Foundation is working on creating new revenue streams to avoid selling the upcoming token and plans to launch ecosystem grant programs for third-party developers. These grants will be denominated in fiat currency to prevent additional selling pressure on the HMSTR token.
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