Hamster Kombat Airdop Could Be the Worst Ever | (Analysis)
Hamster Kombat is that kid in class that everybody loves, not particularly for any reason. You know how people believe that if everyone uses a product, it will work wonders? Or how come we believe that expensive things are always going to be better than cheaper things? This is Hamster Kombat.
This project began without knowing how popular it would become, and just a few months later, it ammased over 30 million players. Although I agree that they have a smooth and seamless interface, they had plans to perfectly farm and monetize their community, which they accomplished admirably, amassing over one billion YouTube views in just six months after owning over 18 YouTube channels.
Because of the scope of the project, everyone believes the airdop has the potential to be good. However, after six months, they completed their snapshot and allocated points. Previously, they were on premarket on bybit and other exchanges, but after allocating airdop points and taking other parameters into account, the average airdop farmer on HK will earn $6 to $18 after six months.
Of course, I have been skeptical for a long time, because more players farming an airdop means fewer airdops. The project was widely adopted and will be listed on Binance and other exchanges; however, if they launch near their premarket price, only influencers will likely receive $50 to $100 and the average user $6 to $18.
Analysis & Launch Price
A lot of people believe they will launch at 9 or 10 cents, but I will explain why this is impossible. The supply of Bybit is currently assumed to be 10 billion in the premarket, but it is actually 100 billion. So, when the final conversion is completed, people will realize that bybit only assumed a supply of 10 billion, but at listing, this will be converted, automatically setting the token's price to one cent.
A market capitalization of $6.4 billion is not realistic, and if it were, this would be the only way to achieve a listing price of 9 to 10 cents. No Telegram app has ever accomplished this. Catizen was a paying game with only one billion total supplies, but it could not reach these numbers.
Many people continue to rely on Hamster to pull the rabbit out of the hat, and while we know they made a lot of money, they are only popular and not particularly well managed or planned.
So, after all of this analysis, the average user with, say, 2,000 tokens will likely receive only $20 for six months of farming. Remember that Hamster had no VC and all that. They have the numbers, which is why they have been listed on Binance.
Binance has been paying a lot of money in CZ's court cases, including his arrest and release. I'm not really saying they're broke, but they've lost a lot of money and they've been listing stuffs you wouldn't have expected them to. Hamster Kombat airdop is volume, and all that money would be a big payday for the CZ boys, so there is nothing particularly noteworthy about $HMSTR being listed on Binance.
Token Distribution
So, the HK team promised 64% of the airdop, but with the allocation that many people received, I doubt they distributed up to 60 billion tokens. I believe fewer than 50 million people qualified for airdop. Many people were disqualified, including those who cheated. We still have bots, Sybil, and others.
In reality, the token is thinly distributed, and there will be vesting. As a result, an average person with a 1,000 allocation would not have all of their tokens to sell on listing day.
This puts the figures at 3 to 6 dollars per person if they do not sell all of their tokens on the listing date.
In reality, this could be the most failed airdop project in history, due to unrealistic expectations. However, listing for more than 2 cents is still a realistic market cap, but I believe hamster would go above and beyond to make this happen.
This is an analysis, not financial advice; do your own research and avoid FUD.
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And season 2? Seriously? For an airdrop that has amassed such popularity? Did notcoin season 2 see any significant gains? Just like part 2 of Nigerian movies. But, with acclaimed 100 m monthly users on telegram, almost every citizen in nigeria doing the tapping? How much would be given? You're right, maybe just at 1 cent. Unfortunately, many have relied on it after the success story of notcoin believing it to be the next Messiah.
Yes, there's going to be season two, infact they've started the interlude. I think they're one of those peculiar project that the season two could be get participation, but with these launch prices, unfortunately the project is over. They'll probably keep 10 to 20% of their population and that's all.
That sounds quite rough. A few months of time for just $20 seems like it can be quite tough and it would suck since most people don't seem to realize the fact about the supply.
The supply is quite huge, and you're right, getting about 20$ after 6 months is terrible. Some people get 2$ upvote on Hive and complain, they don't even know how terrible these ones are
😄😄😄😄...a lot of people were disappointed, after all the hard hustle farming for these months, lots of hope were cut short, but i still feel they did a little bit better than tge catizen project lol....
Meanwhile i was thinking HK would be the biggest project to launch after notcoin..i sha grab 1k totall HMSTR
With all the analysis, I think Catizen might turn out to be better because of the potential listing price of HK. many people are going to be getting 5$ really.
😄..lets keep our fingers crossed n hope for the best
Hmmmm
I have known that this type of airdrop where even pepper seller in my community is farming will finally amount to nothing
I really have a low expectations on hamster because of the population
I am channeling my energy on other projects
All the same.. whatever they give me on 26, I will take to replace my burnt data ..lol
Lol, that's just it, we just have to move on. I expected them to do a little better since they promised to be the biggest airdop in history, you know, live up to expectations, but unfortunately it's been a disappointment .
I hope they can list at least 3 to 4 cents to redeem the disastrous allocation which they've actually done, if not the game will be officially gone in 4 to 5 days time..
Their actions will determine how much people will take them serious in season 2
Sad... It should have been something much more substantial. Hype didn't translate into a four figure airdrop unfortunately. More and more airdrops aren't what they used to be. I didn't even try out this one, and now I'm glad I didn't invest time into it. It really sucks for all those who put so much effort into the game hoping for a decent payday.
The thing is, too never know which will pay off, so you farm everyone that's available. Sometimes we make mistakes and eventually it's a loss of time and effort and never worth it.
This particular one wasn't worth it one bit..
With the way most Nigerians jumped on these thing ehn, it was like giving hope against the jagaban economy.
Like you, I also knew it wasn't probably gonna give much, but then, they made a lot of noise, it could best end up as a meme coin for their numbers..
But the bulk of people who played the game only about 30% know much about crypto. Some where just doing it on the promise of a balablu money from tapping phone screens. Omoo.. 1cent gan some people no go see.
It's an easy to play game and the popularity of it created a sense of belonging. I guess many people felt it was going to come with a lot of riches. Unfortunately, the more the people the lesser the allocation for every person.
A lot of people wouldn't get anything like you've pointed out, but some will get in range of 10 to 15$ and that's probably the most according the listing price we've seen
All of these airdrops make me feel like we're at the end of the bull run rather than the beginning lol
Well, I engage also to keep myself away from the prices. It's an excellent way, although sometimes they don't pay enough dividends
Hamster kombat is one crazy airdrop, first of all, it took more than usual time to list.
Unlike other airdrops that we would farm for 1 month or so, the amount of people that farmed hamster kombat and not up to one quarter of those that farmed NOTCOIN.
The token price and distribution, would determine if people would farm for season 2.
Well, let's see how it goes 😉.
If the list at 3 to 5 cents then they have the chance of actually getting people to play their season two, and if not, then it's actually over.
Let's see how it goes like you've said. It could be one really big fail of ak airdop.
I just have a feeling they'd want to do better this season 1, so that it would enable people to farm for season 2.
I'm only concerned because I farmed hamster kombat, most of the Airdrops I've farmed has failed, i hope hamster doesn't flop .
I got 43. Hamster. I just knew it that it wouldn't pay well.
I should be expecting about $2 then 😂😂
Might not even be up to 2$ probably 3 or 4 cents at best.
Ouch!!😂
It’s now looking like they want everyone to make the same amount of money. I have 50HMSTR and I can’t even remember the unclaimed
What’s the point of the airdrop when I can’t sell all my tokens on that day?
It’s awkward… or maybe they still want people to hold their tokens🤔🤔
Not really. Your allocation is not the problem, the problem is the actual listing price that has made sure you'll be getting almost nothing
Please don't make me feel like I've wasted "years" for a mustard seed. I thought it's said it'll be the biggest airdrop ever!
Sadly, I think it might have been wasted, although anything can happen, listing is in 3 days time
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