Hamster Kombat Launches DAO with $1 Million Bounty Proposal
On December 24, the Play-to-Earn (P2E) video game Hamster Kombat provided a progress report on its Decentralized Autonomous Organization (DAO), which has been operational for two days.
HMSTR DAO Lends its Voice to the Future
The first proposal involved events for token holders with a $1 million bounty pool and has recently concluded. The team plans to develop an execution plan for this proposal, which will be presented to Hamster Kombat DAO members.
Additionally, another proposal to launch the Layer-2 Hamster blockchain is under consideration, pending DAO voting. Hamster Kombat indicated that the HMSTR token could progress if community support is secured.
The Hamster DAO officially launched four days ago, empowering HMSTR holders to propose, govern, and vote on decisions affecting the project's governance.
This structure allows community involvement in future planning, enhancing the game's utility. It aims to restore investor interest after a challenging launch period where initial token allocations were significantly lower than expected, leading to a decline in player confidence.
Active players dropped from over 300 million in July to 23 million by December. The latest developments may help attract more users to the ecosystem.
Preparing For Hamster Kombat Season 2
Hamster Kombat Season 2 is approaching, promising improved player experiences. The game reported a trading volume of $5.3 billion and 11 million token holders as preparations continue.
On December 22, details about Season 2 were revealed, including the introduction of the HamsterVerse, an entertainment ecosystem centered around the game's characters and narratives, utilizing the HMSTR token.
This initiative enhances token utility. Developers announced a Closed Beta testing phase, featuring a Gleam Contest with a prize pool of 3,000 USDT for participants. Random prizes will be awarded to those engaging in the beta test.