Hamster Kombat, the tap-to-earn Telegram sport that boasted a large 300-million-strong person 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 at present.
Earlier this yr, 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 may 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 have been left feeling betrayed and cheated by Hamster Kombat’s token airdrop. Certainly, BeInCrypto reported that almost all customers may solely promote their HMSTR tokens for a single-digit determine regardless of months of grinding on the app.
Hamster Kombat additionally incessantly 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.
Learn extra: Otherside received $450M from Yuga Labs however its newest sport is ‘virtually unplayable’
The sport even spooked governments. Iran’s army deputy chief claimed that it was distracting voters from its election and referred to as it a “soft tool” utilized by the West to problem Iran’s spiritual authorities. The chairman of Russia’s State Duma Committee additionally referred to 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.”
Acquired 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.