Alleged co-founder of Hamster Kombat unveils new game.

Hamster Cash, a hard fork of Hamster Kombat, was reportedly launched by an unnamed co-founder of Hamster Kombat in response to grievances about unfair airdrop distributions.

This alleged co-founder is believed to have developed Hamster Cash to establish a fairer reward system compared to Hamster Kombat. Notably, the new game seems to allow users to transfer their in-game progress, indicating a significant link between the two projects.

Currently, crypto.news has not verified the involvement of this anonymous founder with the well-known hamster-themed mini-game on Telegram. The development team behind Hamster Kombat operates under pseudonyms, making it difficult to confirm individual identities.

Hamster Cash was quietly introduced amid community dissatisfaction regarding the forthcoming airdrop for Hamster Kombat. Many users voiced their disappointment, claiming that the token allocation for the airdrop fell short of their expectations after months of participation, delays, and frustration.

One major criticism of the Hamster Kombat team centered around the perceived misleading focus on features labeled “keys” and “profit per hour.” Users and the subsequent allocation analysis indicated that invites and referrals were the primary factors influencing outcomes.

Many potential recipients contended that this strategy put everyday users at a disadvantage while disproportionately benefiting influencers. Some even suggested that the decision favored cheaters. Frustrated users threatened to boycott the project, causing the hashtag #boycotthamsterkombat to trend on social media platforms like X.

In response to the growing discontent, the team announced that the highly anticipated HMSTR token would be listed on September 26, unless unforeseen circumstances arose that could delay its launch.

As dissatisfaction with the project grew, speculation about HMSTR’s listing price intensified. Public predictions were largely bearish, driven by the controversial token allocation.

The team designated 60% of HMSTR's total supply of 100 billion for community rewards and the airdrop. Eager users recalled the project's promise of delivering "the largest airdrop in crypto history," while skeptics turned their attention to other mini-games within The Open Network's Toncoin.

What steps do I need to take to receive Hamster tokens and convert them to fiat?

Receiving Hamster tokens and converting them to fiat currency involves several steps, including setting up a digital wallet, acquiring Hamster tokens, and using a cryptocurrency exchange. Here's a detailed guide to help you through the process:

 Step 1: Set Up a Digital Wallet
 

1. Choose a Wallet:

Select a digital wallet that supports Hamster tokens (HAM). Options include hardware wallets like Ledger or Trezor, software wallets like MetaMask or Trust Wallet, and exchange wallets on platforms like Binance.
 

2. Create an Account:

Follow the instructions to create an account. This usually involves providing an email address, creating a password, and securing your account with two-factor authentication (2FA).
 

3. Secure Your Wallet:

Make sure to back up your wallet by saving your seed phrase in a secure location. This phrase is essential for recovering your wallet in case you lose access.

Step 2: Acquire Hamster Tokens
 

1. Purchase on an Exchange:

Find a cryptocurrency exchange that lists Hamster tokens. Popular exchanges like Binance, Coinbase, or Kraken might be good places to start.
 

2. Create an Account:

If you don’t already have an account on the exchange, sign up and complete any necessary identity verification processes (KYC).
 

3. Deposit Funds:

Deposit funds into your exchange account. This can usually be done via bank transfer, credit card, or another cryptocurrency.
 

4. Buy Hamster Tokens:

Navigate to the trading section of the exchange, search for Hamster tokens (HAM), and place an order to buy them.

 Step 3: Transfer Tokens to Your Wallet
1. Withdraw from Exchange:

Once you have purchased Hamster tokens, withdraw them to your personal digital wallet by entering your wallet’s address.
 

2. Confirm Transfer:

Ensure the transaction is confirmed on the blockchain. This might take a few minutes depending on network congestion.

 Step 4: Convert Hamster Tokens to Fiat
 

1. Transfer Tokens to an Exchange:

To convert Hamster tokens back to fiat, you’ll need to transfer them to an exchange that supports both HAM and fiat currency.
 

2. Sell Hamster Tokens:

Place a sell order on the exchange to convert your HAM tokens into a more widely accepted cryptocurrency like Bitcoin (BTC) or Ethereum (ETH), or directly into fiat if the option is available.
 

3. Withdraw to Bank Account:

Once you have sold your tokens for fiat, withdraw the funds to your linked bank account. This process varies by exchange but typically involves specifying the amount and confirming the transaction.

 Additional Tips:
- Stay Informed: Keep up with the latest news and updates about Hamster tokens and the cryptocurrency market in general.
- Security: Always use strong passwords and enable 2FA to secure your accounts.
- Fees:Be aware of transaction fees at various stages—buying, transferring, and selling.

By following these steps, you should be able to receive Hamster tokens and convert them to fiat currency efficiently and securely.