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Crypto.com Rolls Out Hamster Kombat Airdrop Ahead Of Launch

  • Crypto.com exchange has revealed its Hamster Kombat airdrop.
  • Hamster Kombat is a Telegram-linked game with plans to launch its token later this month.
  • Beyond HMSTR, other Telegram-based apps also plans to launch soon.

Singapore-based cryptocurrency exchange Crypto.com has launched a new Hamster Kombat (HMSTR) airdrop. The exchange allows users to add the token to their portfolio before its official launch.

By buying and holding $20 worth of CRO on the Crypto.com app, these crypto enthusiasts can win a share of $200,000 worth of HMSTR. Noteworthy, CRO is the native token of Cronos, a decentralized blockchain for settling payments.

Crypto.com Designs Campaign Period For HMSTR

The airdrop campaign will run from September 13, 2024, 10:00 UTC and September 26, 2024, 23:59 UTC. During this time, interested persons can sign in to the app and head to the campaign section.

Here, they can tap on the HMSTR Airdrop Campaign icon to join. Once they have joined, they can perform their buys. At the end of the campaign period, only the top-ranked 15,000 eligible users will be airdropped a set of HMSTR tokens.

It is worth noting that the more CRO a user buys, the more HMSTR he could receive. Rewards will be distributed to eligible recipients’ Crypto.com App Crypto Wallet in HMSTR tokens by 9 October 2024.

Hamster Kombat intends to halt its mining exercise by September 20, 2024. Apart from providing gamers with another alternative to getting the HMSTR token, the move demonstrates Crypto.com’s support for the GameFi project.

In the past, other exchanges like Binance and OKX have equally shown their support for the Telegram-based project. Last month, Hamster Kombat partnered with Crypto.com to launch a “metal card” to enhance payment flexibility for business operators.

Hamster Kombat is one of the fastest-growing Telegram Tap-to-earn (T2E) games the crypto industry has seen since the beginning of this year. In six months, it has garnered hundreds of millions of players. After some delays, which attracted backlash from its crypto community, the token is set to launch on September 26.

Hamster Kombat Thrives Within a Short Time

The team behind the airdrop revealed that 60% of the upcoming HMSTR token will be given out to the players. Meanwhile, the rest of the airdrop will increase market liquidity. With HMSTR, the team plans to enable peer-to-peer transactions and improve the general gaming experience on the platform.

In the long run, it looks to position itself strategically in the gaming market. As of July 31, it has already reached over 300 million users, illustrating its expansion and contribution to the gaming sector. In the last two months, more users have joined its community.

CATI Airdrop is Also Here

Apart from Hamster Kombat, Catizen is another T2E game that has been making waves in the industry. This Telegram-based game boasts over 34 million players in only six months of launch. The plan to launch its native token CATI is scheduled for September 20.

A few days ago, Binance made Catizen the 59th project on its Launchpool. The exchange will allow users to acquire CATI tokens through airdrops by locking BNB and FDUSD. The leading exchange designed a four-day farming phase for the cryptocurrency, which began on September 16, 2024.

Disclaimer

The contents of this page are intended for general informational purposes and do not constitute financial, investment, or any other form of advice. Investing in or trading crypto assets carries the risk of financial loss. The forecasted data (also called “price prediction”) on this page are subject to change without notice and are not guaranteed to be accurate.

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Godfrey Benjamin
Godfrey Benjaminhttps://www.thecoinrepublic.com/
Godfrey Benjamin is an experienced crypto journalist whose main goal is to educate everyone around him about the prospects of Web 3.0. His love for crypto was birthed when, as a former banker, he discovered the obvious advantages of decentralized money over traditional payments. With his vast experience covering various aspects of Web3, Godfrey's articles has been featured on Blockchain.news, Cryptonews and Coingape, among others.