Launch in march 2024 on TON blockchain: Hamster Kombat launched in March 2024, utilizing the TON blockchain, and quickly amassed a user base of over 300 million due to its unique tap-to-earn gameplay integrated with Telegram. However, initial enthusiasm faded as technical issues and allegations of unethical practices arose.
Loss of community trust post-airdrop: Following the token airdrop on September 26, 2024, user engagement plummeted by over 80%. The project faced backlash over anti-cheating measures and accusations of manipulated token allocations, eroding investor confidence. Developers learned the importance of transparency, echoing failures like FTX’s collapse.