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Nigerians Express Disappointment Over Hamster Kombat Token Allocation Ahead of September Airdrop

Monday Yakubu by Monday Yakubu
September 24, 2024
in Technology
0

Hamster Combat

The Nigerian Web 3 community has voiced strong dissatisfaction following the recent token allocation by Hamster Kombat, the largest play-to-earn Web 3 project currently in existence. Over the weekend, the Hamster Kombat team allocated HMSTR tokens to its miners, but the results left many Nigerians, who had heavily invested in the project, feeling shortchanged.

The token distribution, which miners accessed by logging into their wallets, did not meet the expectations of the Nigerian Web 3 space. Many miners expressed frustration, claiming that the allocation did not reflect the hard work and time they had dedicated to mining the project.

With the highly anticipated airdrop event scheduled for September 26, when the official listing price of the HMSTR token will be announced, tension among Nigerian stakeholders is high. The community had hoped for a more substantial allocation, given their efforts in the project, but the results have led to widespread disappointment.

Reactions to the Token Allocation

Several Nigerians took to social media, particularly X (formerly known as Twitter), to air their frustrations and share their thoughts on the poor allocation of tokens. Many users criticized the Hamster Kombat team, accusing them of failing to reward the community fairly.

A well-known Nigerian crypto influencer and trader, who goes by the name Crypto Lord, shared his pessimistic view on the token allocation.

“The #Hamster allocation doesn’t look like anybody is going to make more than $20. The game has changed after $DOGS,” he tweeted, referring to another crypto project.

Another X user, Ricches, accused the Hamster Kombat team of exploiting its community, stating, “Hamster allocation is confusing me right now. Dev should do something. I have not seen anyone with 10k $HMSTR, and the total supply is 100 billion. They don use una cashout.”

While many complained about the poor allocation, others speculated on the possible listing price of the HMSTR token, which will determine how much miners can earn from their efforts.

One commenter noted, “Hamster will never give you anything you expect. It is not their fault; the community is too big. Hamster listing at the price of 0.01 with a market cap of $1B is never easy.”

The listing price is critical for miners, as it will directly affect how much they stand to gain from their tokens once the airdrop is complete.

Details of the Airdrop

In the lead-up to the September 26 airdrop, the Hamster Kombat team shared more details about the event. Out of the 300 million users who joined the project since its launch in March 2024, only 131 million users are eligible for the upcoming airdrop. Notably, around 2.3 million accounts were banned for cheating, and 30.6 million eligible users failed to select their withdrawal method before the deadline.

The Hamster Kombat team also clarified that 75% of the total 100 billion $HMSTR tokens have been reserved for the community, with 60% to be distributed after the end of Season 1. Of this amount, 88.75% will be released immediately during the airdrop, while the remaining 11.25% will be unlocked 10 months after the token’s listing.

Despite the grievances expressed by many, the upcoming airdrop is touted as one of the largest in cryptocurrency history, with Hamster Kombat boasting over 300 million global players—the highest community ever built by a play-to-earn crypto project.

An Eventful End to September

In addition to the Hamster Kombat airdrop, another play-to-earn project, Rocky Rabbit, is set to hold its airdrop later in September. With both airdrops taking place around the same time, the last week of the month is expected to be a busy period for the global crypto community.

Hamster Kombat has faced its share of challenges, including delays and rumors of being a fake project. However, the upcoming airdrop and the release of the HMSTR token listing price will finally allow miners to see how much they stand to gain after months of mining and speculation.


Tags: DisappointmentExpressHamster KombatNigeriansSeptember Airdrop

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