Hamster Kombat, a popular play-to-earn game in the Web3 space, has made a bold move by rejecting offers from venture capital firms. The game, which boasts a massive player base of 300 million, announced this decision to protect its users and maintain its focus on providing a fair gaming experience.
By saying no to investors, Hamster Kombat aims to ensure that its players are prioritized over potential profits for outside backers. The team wants to create a level playing field where all players have equal opportunities to earn and benefit from the project, regardless of their wealth or status.
This decision is a departure from the norm in the Web3 industry, where many projects rely heavily on venture capital funding. Hamster Kombat’s team believes that this approach can lead to projects using their audiences as “exit liquidity” for investors, rather than focusing on creating real value for users.
Instead of seeking outside funding, Hamster Kombat will distribute its upcoming $HMSTR token to players, with 60% reserved for them. The remaining 40% will be used for market liquidity, partnerships, and other game-related purposes. This approach ensures that the token is distributed fairly and that players are rewarded for their participation.
Hamster Kombat’s decision challenges the current norms in the Web3 industry and encourages other founders and builders to focus on creating profitable businesses that prioritize their communities. The team believes that by doing so, projects can create real value for users and build sustainable businesses that benefit everyone involved.
With its massive user base, Hamster Kombat has the potential to make a significant impact on the Web3 space. Its unconventional approach to funding and user engagement could set a new precedent for blockchain-based games and projects.
The team’s commitment to its players and focus on long-term sustainability over short-term gains is a refreshing change in the industry. As Hamster Kombat prepares for its token launch, the crypto community will be watching closely to see if this approach pays off.
If successful, Hamster Kombat’s model could reshape expectations in the play-to-earn sector, emphasizing the importance of community focus and fair distribution of rewards. The project’s emphasis on creating real value for users could lead to a more sustainable and equitable model for blockchain-based gaming and beyond.