The highly anticipated HMSTR token from the viral play-to-earn game on Telegram, Hamster Kombat, has officially gone live, marking another milestone for the game's growing community.
The token is now available for trading on major cryptocurrency exchanges, including Binance, Bybit, Bitfinex, OKX, and Hashkey Global.
Accompanying the launch was an airdrop event, with 60 billion tokens—representing 60% of the total supply—distributed to 129 million players.
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The token debuted at the price of $0.012 yet has since dropped by 29.6% to trade at $0.008 at the time of writing.
Many players felt let down after this launch, with many taking to social media to voice their frustration about spending months playing the game only to receive rewards they found insufficient.
Hamster Kombat also faced criticism after revealing that over 56% of its 300 million users were disqualified from the airdrop. Further controversy arose when an additional 2.3 million accounts were banned due to cheating, reducing the pool of eligible players even more.
As for the token's distribution, 4% is allocated for marketing purposes, another 4% goes towards exchange liquidity, 3% has been reserved for Binance Launchpool stakers, and 6% has been set aside for partnerships and grants.
While the developers continue to prioritize the integrity of Hamster Kombat, the community is sure to remain vigilant as this unfolding story develops further.
