We have a few exciting updates to share!
• Deal with U2U Network - Done.
• Bracket - in the final stage.
• Ghostdrive - currently working on an investment.
Recently, various games have been booming on Telegram, and one of the biggest hits is Hamster Combat, which has gained over 250 million users in just a few months. Naturally, we were curious—how did they grow so fast? And, as always, the answer is right on the surface: Freebies, Sir.
Users click, tap, play, and collect in-game currency, hoping that one day it will become the next Ethereum. Just a few days ago, a taxi driver in Singapore was playing Hamster while driving—seriously explaining how he plans to buy a country house with the tokens he has earned. And he’s not alone. Millions of people want to believe in miracles, that somewhere out there is a magic money button that will make them rich overnight.
But let’s do some elementary school math:
If they were to give away an average of $50 per user, that would total $12.5 billion. But $50 is barely enough to motivate anyone.
If we increase the average to $500 per user, the total giveaway skyrockets to $125 billion, which exceeds the GDP of many countries.
Another key issue is that unlike other cryptocurrencies, where users contribute value to the network, Hamster’s users are purely profit-driven. The token giveaway will inevitably lead to massive sell-offs, resulting in a deep price drop.
There are also rumors that Hamster’s owners plan to sell users by listing the token on some low-tier exchange, where people will have to trade or complete tasks to claim their tokens. Sounds familiar? Yep, it’s just a classic online casino model—nothing new under the sun 🙂.
• Deal with U2U Network - Done.
• Bracket - in the final stage.
• Ghostdrive - currently working on an investment.
Recently, various games have been booming on Telegram, and one of the biggest hits is Hamster Combat, which has gained over 250 million users in just a few months. Naturally, we were curious—how did they grow so fast? And, as always, the answer is right on the surface: Freebies, Sir.
Users click, tap, play, and collect in-game currency, hoping that one day it will become the next Ethereum. Just a few days ago, a taxi driver in Singapore was playing Hamster while driving—seriously explaining how he plans to buy a country house with the tokens he has earned. And he’s not alone. Millions of people want to believe in miracles, that somewhere out there is a magic money button that will make them rich overnight.
But let’s do some elementary school math:
If they were to give away an average of $50 per user, that would total $12.5 billion. But $50 is barely enough to motivate anyone.
If we increase the average to $500 per user, the total giveaway skyrockets to $125 billion, which exceeds the GDP of many countries.
Another key issue is that unlike other cryptocurrencies, where users contribute value to the network, Hamster’s users are purely profit-driven. The token giveaway will inevitably lead to massive sell-offs, resulting in a deep price drop.
There are also rumors that Hamster’s owners plan to sell users by listing the token on some low-tier exchange, where people will have to trade or complete tasks to claim their tokens. Sounds familiar? Yep, it’s just a classic online casino model—nothing new under the sun 🙂.