Hamster Kombat, the once-viral crypto game on Telegram, has announced the launch of a Decentralized Autonomous Organization (DAO) for its token holders. This significant development marks the first major update in a while, aiming to bring the community back to the forefront of the project’s decision-making.
Source: X
What is the DAO: A DAO, or Decentralized Autonomous Organization, is an organization that functions on a blockchain without any centralized leadership. The Hamster Kombat DAO empowers $HMSTR token holders by allowing them to participate in critical project decisions. This initiative introduces transparency and gives the community greater control over the game’s future.
While the full details of what the DAO entails are yet to be disclosed, this step indicates a commitment to building a more reliable and user-driven ecosystem.
Voting rights: Token holders will have a say in project governance.
Enhanced transparency: All major decisions will be community-driven.
Trust-building: This move is expected to restore faith in the project after previous setbacks.
Despite the DAO launch, Hamster Kombat faces challenges. The player base has dropped significantly, from a peak of 300 million in August to just 23 million today. Meanwhile, the Hamster Kombat App has retained a loyal user base, with 50 million Telegram subscribers and over 13.6 million Twitter followers.
Additional, $HMSTR crypto recorded a sudden spike just after the announcement which is a positive news for the community as well as the project. Hamster Kombat coin price stands at $0.003744, reflecting a 10.4% intraday surge. The Hamster Kombat price is 47.93% lower than its all-time high of $0.007222 (recorded in September 2024) but remains 66.14% higher than its all-time low of $0.002263 (recorded in November 2024).
Source: CoinGecko
Hamster Kombat Price Prediction: $HMSTR crypto is predicted to reach $0.013265 in the next three months.
Trading Volume: Current trading volume is $47,720,644, with a market cap of $241,510,784.
The Hamster Kombat Launches DAO is a pivotal moment, offering a glimpse into the project’s commitment to its community. While challenges remain, this move may set the stage for a brighter future, supported by a collaborative ecosystem.
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