What Is Hamster Kombat (HMSTR)?

Hamster Kombat (HMSTR) is a unique play-to-earn game that has taken the crypto and Web3 world by storm. Launched in March 2024, it offers a twist on clicker games by merging them with the simulation of a real-life crypto exchange. This Telegram-based game allows you to step into the shoes of a hamster CEO, managing your very own virtual crypto exchange.

 

The core gameplay of Hamster Kombat revolves around strategically growing your exchange. You'll achieve this by making key decisions to invest in various aspects like marketing, licenses, talent acquisition, and the development of new products. By cleverly allocating resources, you aim to expand your exchange's reach and influence within the game's virtual marketplace.

 

While strategic decision-making is important, Hamster Kombat retains the engaging clicker elements. Throughout the game, you'll earn in-game currency through clicks and by completing tasks. This currency can then be converted into HMSTR tokens, the official cryptocurrency of Hamster Kombat. These tokens hold real-world value and are a key highlight of the game's play-to-earn model.

 

Earning HMSTR tokens goes beyond just clicking. As you progress through the game, you'll engage in battles, complete challenges, and participate in daily activities. Each of these actions contributes to your in-game earnings, allowing you to accumulate a larger amount of HMSTR tokens.

 

The excitement doesn't stop there. Hamster Kombat is built on The Open Network (TON) blockchain, ensuring secure and efficient transactions for your HMSTR tokens. This integration with a well-established blockchain opens doors for future possibilities, such as potentially trading HMSTR on cryptocurrency exchanges.

 

From the above description, Hamster Kombat seems to be a token belonging to the game-fi category. But in fact, the essence of game-fi is to enable users to conduct financial transactions while playing web3 games, but the design purpose of hamster kombat is only to serve airdrops. Once the airdrop is over, it will be difficult to maintain the narrative of hamster kombat as a game-fi. From this perspective, hamster kombat is more like a game-fi version of meme coin. Therefore, the narrative value of hamster kombat actually lies in how many users it can attract and how many web2 users can be diverted to the world of web3, rather than in the tap-to-play game mode itself.

 

Price Prediction and Valuation of Hamster Kombat (HMSTR)

Now that the essence of hamster kombat has been determined, the core logic of valuation lies in how many people can be attracted by it. Judging from the current data, the number of users attracted by hamster kombat even exceeds that of notcoin. This small program on Telegram reached 100 million monthly active users in just 73 days. In just three months, hamster kombat has reached 239 million registered users, with 4 million to 5 million new users added every day. Such rapid growth has made it the fastest growing digital application in the world. The number of notcoin users is only more than 30 million. Of course, this does not mean that the valuation of hamster kombat should be 7-8 times that of notcoin. After all, notcoin has the first-mover advantage.

 

At present, the FDV of notcoin is around $1 billion. It is not too difficult for hamster kombat to reach this number after its listing. Even in the early stage of issuance, it is normal for its valuation to be three to four times higher than notcoin. 

 

However, there are still certain risks in the price of HMSTR itself. Because the reason why notcoin succeeded is that it has the first-mover advantage, hamster kombat does not have much substantial breakthrough in gameplay compared with notcoin. After reaching a higher FDV level in the early stage, whether the subsequent market can still maintain its recognition is still a question mark. At this stage, the market is more willing to see that the toncoin ecosystem can flourish and more subdivided currencies will emerge, rather than crowding in the game-fi version of the meme category such as notcoin. Therefore, after reaching a higher FDV level, HMSTR will face a certain risk of decline.