Hamster Kombat, the tap-to-earn Telegram recreation that boasted an enormous 300-million-strong consumer base again in August, has reportedly shed 259 million gamers.
The sport’s lively month-to-month participant rely at the moment stands at virtually 41 million and its token, which launched at a excessive of $0.009993 on September 26, has dropped by 76% to $0.002392 in the present day.
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 will 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 chequered historical past
Native media in Nigeria reported that many gamers had 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 continuously 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 had been banned, and 6.8 billion HMSTR tokens had been confiscated.
Learn extra: Otherside acquired $450M from Yuga Labs however its newest recreation is ‘virtually unplayable’
The sport even spooked governments. Iran’s army 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 lately, on October 12, Hamster Kombat posted a disclaimer distancing itself from Gotbit which had simply been charged by the Securities and Trade Fee and accused of providing “market manipulation as a service.”
Bought a tip? Ship us an e mail or ProtonMail. For extra knowledgeable information, comply with us on X, Instagram, Bluesky, and Google Information, or subscribe to our YouTube channel.