Thursday, December 12, 2024
6.6 C
London

Hamster Kombat Launches DAO for HMSTR Token Holders

Hamster Kombat, once a popular crypto game, has announced the launch of a Decentralized Autonomous Organization (DAO) for its token holders. This is the first major update the community has received in a while.

Hamster Kombat became a viral crypto game and a massive hit, particularly on Telegram, due to its entertaining gameplay and meme potential. It received a lot of attention and soon rose in popularity, eventually becoming one of the most subscribed crypto channels on Telegram. 

However, things took a turn when the project launched an airdrop that many users didn’t like. The airdrop came with a lock-in period, meaning token holders couldn’t immediately trade their tokens, which left a lot of people frustrated.

Despite this, the team promised updates, and now, with the launch of the DAO, they are delivering on that promise.

The DAO is a big deal for the Hamster Kombat community. It means that HMSTR token holders will now have a say in how the project moves forward. They can vote on important decisions, allowing for a more transparent ecosystem and giving the community more control over the game’s direction.

Although the full details on how the DAO will work aren’t clear yet, this move is a step towards making the project more reliable and trustworthy.

Even with the previous issues, Hamster Kombat still has the largest crypto-related Telegram channel, showing that there’s still a lot of interest. At the time of writing, the price of Hamster Kombat has reached $0.003584, which is 8.33% higher in the last 24 hours.  

Also Read: Hamster Kombat Hits $5.3B Volume with 11M Token Holders

Hot this week

How High Will XRP Trade On Christmas Day?

The cryptocurrency market was painted red at the time...

Cardano Rebounds 14%: Is ADA Back on Track for $2 in 2025?

Despite a steep correction earlier in the week, Cardano...

VeChain Surges 12%: How High Will VET End 2024?

There has been no shortage of surprises in the...

Is Coinbase Stock Worth Investing for Next 3 Years?

Your guide: Is Coinbase Stock Worth Investing for Next...

Nvidia Faces Legal Battle as Supreme Court Rejects Appeal

The United States Court has denied Nvidia’s request to...

Topics

How High Will XRP Trade On Christmas Day?

The cryptocurrency market was painted red at the time...

Cardano Rebounds 14%: Is ADA Back on Track for $2 in 2025?

Despite a steep correction earlier in the week, Cardano...

VeChain Surges 12%: How High Will VET End 2024?

There has been no shortage of surprises in the...

Is Coinbase Stock Worth Investing for Next 3 Years?

Your guide: Is Coinbase Stock Worth Investing for Next...

Nvidia Faces Legal Battle as Supreme Court Rejects Appeal

The United States Court has denied Nvidia’s request to...

BRICS: Morgan Stanley Says Its ‘Time to Sell’ The US Dollar

With the BRICS bloc bringing forth a renewed de-dollarization...

Coinbase to List PNUT Token, Price Soars 30%

Coinbase has announced that it will add Peanut the...

ALTS by Adidas: One Brand Staying in the NFT Game

Even though some big brands have stepped back from...
spot_img

Related Articles

Popular Categories

spot_imgspot_img