Hamster Kombat: Received investment interest from several venture capital firms, but rejected all of them
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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget donates HK$12 million to support fire rescue and reconstruction efforts in Tai Po, Hong Kong
Bitget Spot Margin Announcement on Suspension of ELX/USDT Margin Trading Services
Enjoy perks for new grid traders and receive dual rewards totaling 150 USDT
Bitget Spot Margin Announcement on Suspension of BEAM/USDT, ZEREBRO/USDT, AVAIL/USDT, HIPPO/USDT, ORBS/USDT Margin Trading Services
