The HMSTR coin is the token of the Hamster Kombat project, a 'play-to-earn' game operating within the Telegram app, built on the TON (The Open Network) blockchain.
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🐹 What is Hamster Kombat?
A traditional click game where the player takes on the role of 'CEO' of a virtual trading platform, clicks on the hamster to earn in-game coins and later convert them to HMSTR tokens.
Developed as part of a massive initiative to encourage users to engage in the 'Tap-to-Earn' system, it quickly gained popularity on Telegram since March 2024.
By mid-2024, it had over 150 million monthly users, reaching up to 300 million at its peak.
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🎯 What is HMSTR?
The official in-game utility token, officially launched on September 26, 2024, with an initial distribution of 100 billion tokens, about 64.4% of which is currently traded.
HMSTR is used to purchase in-game upgrades, buy assets, participate in challenges or PvP, and support additional features like NFTs.
Managed by the non-profit 'Hamster Foundation', aimed at providing a globally usable token and a broader tool than just the game.