Hamster Kombat: Received investment intentions from some venture capital firms, but all have been declined

ChainCatcher news, 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 "so far have rejected all proposals."

The team stated that the decision to refuse venture capital funding was made to protect the player base of Hamster Kombat and to maintain the core focus of the development team, which is to provide players with a skill-based gaming experience that rewards them for actually playing the game.

In an announcement on August 10, the team noted that this stands in stark contrast to many crypto games and projects that accept venture capital funding, where these venture capital firms often view the player base as a channel for exit liquidity. 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, while the remaining portion will be used for liquidity, future partnerships, in-game rewards, and ecosystem development.