The long-awaited listing of the HMSTR token of Hamster Kombat on The Open Network later this month may cause ripples.
The developers are raising the stakes by getting ready to airdrop a total of 3 billion HMSTR tokens to Binance users through a Launchpool rewards campaign. It is going to be one of the most significant events related to Telegram gaming.
Hamster Kombat is a tap-to-earn game with over 300 million players. The HMSTR token will launch soon, in total, there will be 100 billion tokens.
3 billion tokens can be earned from September 19 to September 26 via the Binance Launchpool. Users in eligible regions can stake their Binance Coin with the stablecoin FDUSD to claim their portion of HMSTR tokens.
The Launchpool from Binance has been home to numerous major token launches in the past, including Pixels (PIXEL) and Portal (PORTAL). These campaigns saw Binance users stake billions in BNB and FDUSD for rewards, meaning the bar is set high for the Hamster Kombat airdrop.
There is concern that TON isn't ready for an onslaught. It saw some significant issues in August because of the high demand during the airdrop of the DOGS token. Thus, the question remains whether TON can handle such a surge.
Hamster Kombat is the latest in a long list of Telegram games that are currently making headlines. Soon, its tokens will be launching on TON, followed closely by the Elon Musk-themed X Empire. This is an indication that Telegram-based games have started to gain prominence in the crypto scene.
The company is trying to improve its network capabilities. The platform recently reported that TON had a record 1.1 million daily active users and 14.4 million transactions driven by the DOGS tokens. This ramp-up would hopefully make sure that the network can manage the upcoming high-profile airdrops without issues.
The Hamster Kombat airdrop, scheduled to go live on September 26, is a very pivotal moment in the game and the TON network. Industry eyes are going to be pinned on how effectively the network manages what is going to be a high volume of activity.