Saturday, October 5, 2024

Is Hamster Kombat Onboarding the Plenty Into DeFi?

The TON-based recreation claims to have over 140 million customers competing for its upcoming airdrop.

It’s a wrap, crypto individuals, now we have gone mainstream finally! Or that’s what a superficial take a look at Hamster Kombat numbers would have you ever suppose.

The so-called “tap-to-earn” recreation constructed on Telegram’s blockchain TON, says it has almost 150 million complete customers interacting with its recreation. Not solely that, however the group says it reached 100 million customers sooner than WhatsApp, Instagram, and TikTok.

It additionally claims to have over 20 million YouTube subscribers and 36 million Telegram subscribers.

Whereas the fast ascent of the Hamster Komba social media accounts and lively customers is unprecedented, it is also more likely to be deceiving.

Founding father of Primitive Ventures, Dovey Wan, mentioned Hamster Komnbat’s progress is pushed by “industrial farming” and mentioned fairly than “tap-to-earn,” the dApp’s gaming mannequin ought to be referred to as “tap-to-fake.”

“Perhaps it’s proper to imagine most consumer-facing dApps’ numbers are completely synthetic when incentives are aligned with the dApps {and professional} farms,” she mentioned.

Hamster Kombat’s inflated numbers are a reminder that dApp and blockchain utilization numbers shouldn’t be taken at face worth, particularly when initiatives are implementing incentives which will drive customers to create a number of accounts and work together simply to gather rewards.

Hamster Kombat didn’t reply to a request for remark.

Made attainable by mini-apps on Telegram, click-to-earn video games have rapidly gained customers after the success of Notcoin.

Notcoin popularized the style following its launch on Could 16 at a market capitalization of roughly $700 million earlier than surging to a excessive of $2.6 billion on June 4.

Airdrop farmers have rushed in the direction of the chance, resulting in a surge in lively pockets addresses on TON since Could 17. TON’s every day lively addresses even flipped Ethereum’s on June 1, with Tonstat reporting 455,000 lively TON addresses in comparison with 434,000 lively ETH addresses reported by Etherscan.

Daily Active Users chart
Day by day Energetic Customers

Hamster Kombat Airdrop

Hamster Kombat, particularly, is drawing consideration because of its progress on social media and its upcoming token technology occasion (TGE) in July.

The sport and its information are at the moment held off-chain. Customers can signal as much as play by becoming a member of the sport channel on their telegram app and tapping a hamster to gather cash. The main focus of the sport is to gather as many cash as attainable after which use them to generate extra cash previous to the TGE.

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Throughout the recreation, customers can faucet to earn, stage up their account, mine cash, refer their pals for bonuses and ultimately declare their on-chain tokens by connecting a TON-compatible pockets.

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