Hamster Kombat DAO launches with first successful proposal, plans L2 blockchain, and prepares for Season 2 with expanded HamsterVerse ecosystem and USDT prize pool.
In an update posted on its Telegram channel on December 24, the Play-to-Earn (P2E) video game Hamster Kombat provided a progress report on the state of its Decentralized Autonomous Organization (DAO). Hamster Kombat stated that the DAO had been up and running for two days.
Its first proposal, which involved holding a series of events for the token holders with a $1 million bounty pool, successfully ended hours ago. In the coming days, the team behind the game intends to commence working on the execution plan. Thereafter, this plan will be presented to the Hamster Kombat DAO members.
While that is in the works, another proposal to launch the Layer-2 Hamster blockchain is already out. Notably, this move will be a laudable achievement for the Telegram-based game, but it is still subject to the DAO’s vote. As part of its announcement, Hamster Kombat confirmed that HMSTR could advance if the community votes.
For context, the Hamster DAO launched officially only four days ago, allowing HMSTR holders to “propose, govern and vote.”
These holders make decisions and participate in the day-to-day governance of the blockchain project, allowing the community to have a say in future plans. The introduction of its DAO brings additional utility to the game.
It could serve as the pedestal for Hamster Kombat to reinstate investors’ interest in the game after its tragic launch a few months ago. After informing players of a high token allocation rate, investors ended up with only a small fraction of the distributed tokens when it launched. This made many players lose confidence in the project.
The P2E game went from having over 300 million active players in July to 23 million in December. The latest development could be instrumental in attracting more users to the ecosystem.
Hamster Kombat Season 2 is on the horizon, and game players are promised relatively better experiences. In preparation for this next phase, the Telegram-based game reported an impressive total trading volume of $5.3 billion and 11 million token holders.
On December 22, Hamster Kombat unveiled exciting details about its upcoming Season 2. This includes the fact that the new season would go beyond gaming. First, the game introduced the first games as the cornerstone of Hamster Kombat’s ambitious HamsterVerse. The HamsterVerse is designed as an entertainment ecosystem revolving around the game’s unique characters and stories. Markedly, all the games are within the platform and utilize the HMSTR token.
This is another move that enhances the utility of the token. Hamster Kombat developers also revealed plans for a Closed Beta testing phase, offering users a sneak peek into the project. This Beta testing includes a Gleam Contest, with a prize pool of 3,000 USDT for contributors. Prizes will be distributed randomly, meaning participants must only engage in the beta test to qualify.
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Benjamin Godfrey is a blockchain enthusiast and journalist who relishes writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desire to educate people about cryptocurrencies inspires his contributions to renowned blockchain media and sites.
