Do you remember that mini-game 'Hamster Kombat' that made you click your screen frantically, claiming you could earn coins? It was once extremely popular, and the scene of 300 million users on Telegram feels like just yesterday. But guess what? In just three months, the number of active users for this game plummeted by 86%! Isn't that unbelievable? What secrets are hidden behind this?
Back then, 'Hamster Kombat' soared to become a leader in blockchain gaming with its novel 'click to earn' model. Even the CEO of Telegram personally praised it, calling it 'the fastest-growing digital service globally,' and regarded it as a representative of the 'new era of mini-programs.' For a moment, it seemed that playing this game would easily promote blockchain technology to the masses and lead to a peak in life.
However, reality is always so cruel. The game quality is rough, AI graphics are simplistic, and the game content is monotonous, causing players' enthusiasm to quickly fade. Those who once had high expectations for the game could only leave in disappointment after experiencing it.
What angers players even more is that the airdrop reward mechanism also had issues. Many played for months only to find that the rewards they received were merely between $5 to $15, which is completely disproportionate to the time and effort they invested. Isn't this just plain bullying? Players are demanding a redistribution of rewards, but the game developers remain indifferent.
Worse still, the game developers took overly harsh measures in dealing with cheating users. They directly identified 2.3 million users as cheaters, stripped them of their token allocation rights, and confiscated up to 6.8 billion HMSTR tokens. This decision undoubtedly rubbed salt into the wounds of players, causing even more to choose to leave.
With the loss of users, the price of the HMSTR token has plummeted like a cliff. From the peak of $0.009993 when it launched on September 26, to the current $0.002392, a drop of as much as 76%. This not only dashed the earnings expectations of players but also made investors doubt the long-term potential of the HMSTR token.
The rapid rise and fall of 'Hamster Kombat' acts like a mirror, reflecting various issues in the cryptocurrency and blockchain gaming market. Those so-called 'innovative models' often lack support for long-term value, merely serving as temporary gimmicks and hype. When the craze subsides, all that's left is a mess.
Dear players and investors of Mlion, when facing emerging technologies and models, be sure to remain cautious and rational. Do not be blinded by promises of short-term returns, nor be tempted by excessive hype and unrealistic return expectations. True innovation requires continuous value delivery, not just temporary fads.
Remember the lesson from 'Hamster Kombat'—as we chase innovation, we must pay more attention to quality and sustainability. Only then can we go further and more steadily in the cryptocurrency and blockchain gaming market.
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The above content is for information sharing only and does not constitute any investment advice! Investment involves risks; please be cautious when entering the market!
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