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Hamster Kombat: Received investment interest from several venture capital firms, but rejected all of them

Hamster Kombat: Received investment interest from several venture capital firms, but rejected all of them

CointimeCointime2024/08/13 06:01
By:Cointime

According to Cointelegraph, the team behind the TON ecosystem game Hamster Kombat recently revealed that they have received investment intentions from some top cryptocurrency venture capital firms, but "have rejected all proposals so far".The team stated that the decision to refuse venture capital funding was to protect Hamster Kombat's player base and to maintain the core focus of the development team, which is to provide a skill-based gaming experience that rewards players for actually playing the game.In a statement on August 10th, the team said that this is in stark contrast to many cryptocurrency games and projects that accept venture capital funding, where venture capital firms often use the player base as an exit liquidity channel. The Hamster Kombat team did not disclose which venture capital firms expressed interest in investing. The developers of Hamster Kombat also explained that 60% of the upcoming HMSTR token will be reserved for players, with the remaining portion being used for liquidity, future partnerships, in-game rewards, and ecosystem development.

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