Coin overview
HMSTRBG
Mapped
--
Last price (USDT)
825.52K
24h total (USDT)
2.05M
Total vol (USDT)
2024-06-21 08:00:00 ~ 2024-09-13 06:00:00
Trading time (UTC+0)
-
Delivery time (UTC+0)
Introduction
HMSTRBG is a HMSTR (Hamster Kombat) pre-market trading token certificate issued with a total amount of 10 billion.
Hamster Combat co-founder to pay 2,5 million rubles in lawsuit
Arbitration Court of St. Petersburg and Leningrad Region obliged possible co-founder of the clicker game Hamster Combat Eduard Gurinovich to pay 2,5 million rubles in response to a lawsuit filed by Tyumen businessman Viktor Shkursky. According to the court ruling, last year Viktor Shkursky paid Eduard Gurinovich 2,5 million rubles as an advance payment for the course "Board of Directors". The course included lectures that contained information on creating a personal development strategy. The case states that for several months after the signing of the agreement, Eduard Gurinovich still did not provide Viktor Shkursky with educational materials for developing a personal development strategy. In addition, the businessman stated in court that Gurinovich did not have a license to conduct educational activities. The court ordered Gurinovich to pay 2,5 million rubles and another 20 rubles in expenses for paying the state fee. Gurinovich himself was not in court. Earlier, Anton Gorshkov, CEO of the IT holding AD.RU, told the publication Lenta.ru that the team of the clicker game Hamster Kombat did not want to share with him the income from promotions on the market. EN @happycoinnews EN @happycoinnews_en
Hamster Kombat Team Plans to Launch Layer 2 Network on TON Blockchain
The Hamster Kombat project team shared with members of the crypto community their plans to launch their own second-layer blockchain in collaboration with the Tycho protocol. A second-layer network can be placed on top of an existing blockchain, for example, Ethereum or Bitcoin, to increase its speed and scalability. As for the second-level network from Hamster Kombat, it will be created on the basis of TON. The project team hopes that their network will attract developers who work in decentralized finance and blockchain gaming. They also aim to increase the utility of the Hamster Kombat token (HMSTR) and support its price, which continues to plummet. Hamster Kombat is currently trading at a price 78% lower than its all-time high. Of course, launching your own blockchain does not always guarantee an increase in the value of an asset, as evidenced by the experience of other projects. For example, after the launch of the Shibarium network, the memecoin Shiba Inu noticeably fell in price. The same thing happened with tokens Uniswap и dYdX after the emergence of their blockchains UniSwap и dYdX Chain. Hamster Kombat was one of the most successful p2e games in Telegram in 2024 with an audience of over 300 million users. Its popularity has declined since the token distribution. According to IntoTheBlock, there are currently 3,8 million HMSTR holders. EN @happycoinnews EN @happycoinnews_en
Hamster Kombat DAO Greenlights Layer-2 Development After Community Backing
The decentralized gaming platform Hamster Kombat is expanding its technological infrastructure. Token holders have approved the development of a layer-2 blockchain solution on The Open Network . The move represents a significant shift for the Telegram-based play-to-earn protocol. It comes amid growing pressure on gaming platforms to address scalability concerns. The community-driven decision follows the earlier establishment of a $1 million bounty program aimed at fostering ecosystem growth. Development work has already commenced, according to DAO representatives. The organization plans to release detailed implementation strategies to members in subsequent weeks. "The layer-2 infrastructure will significantly improve user experience by providing more accessible and engaging gaming options," stated the Hamster Kombat team. The statement underscores mounting pressure on Web3 gaming platforms to enhance performance metrics. The initiative mirrors similar developments across the blockchain gaming sector. Notable projects including Kraken's INK protocol and Shiba Inu 's Shibarium have already deployed layer-2 solutions. These protocols aim to reduce transaction costs while increasing network throughput. The approved proposal specifically targets transaction speed optimization and fee reduction. These improvements are deemed crucial for the platform's expanding user base. The development also aligns with broader industry trends toward scalable gaming infrastructure. The layer-2 implementation represents the latest evolution for the DAO-governed gaming protocol. It follows a series of community-approved initiatives designed to strengthen the platform's position in the competitive Web3 gaming landscape. For Hamster Kombat, the move signals a decisive step toward technological advancement. Success will largely depend on the team's ability to execute the approved development roadmap while maintaining community engagement.
This Week in Crypto Games: Hamster Kombat 'HamsterVerse', Telegram Game Airdrop Updates
The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re happy to present This Week in Crypto Games. Our weekend roundup serves up the biggest news from the past week-plus—this is an extended edition due to the holidays—along with a few other tidbits you might have missed. Biggest news Hamster Kombat TON layer-2: After the fourth-largest gaming token launch of 2024, the makers of Telegram tap-to-earn game Hamster Kombat revealed plans to create a layer-2 network on top of The Open Network (TON). This came after a decentralized autonomous organization (DAO) vote overwhelmingly voted in favor of the move, with 1.1 billion HMSTR token voting power in favor and just 104,368 against. However, it's worth noting that the top two voters hold over 88% of all voting power as of this writing, giving a couple of whales immense influence. Prior to this, the devs announced that Hamster Kombat's hotly anticipated (and much-delayed) second season will be “more than just a game,” with three games now in the works to become the core of an entertainment ecosystem using the IP. Called HamsterVerse, a closed beta is already underway for 30,000 community members. 📋IT’S CLOSED-BETA TESTING TIME 📋 Excited to announce that we have chosen 30,000 community users who will help us and participate in Closed-Beta Testing of Season 2/HamsterVerse! All the invites were sent through the Hamster Kombat bot on Telegram. If you haven’t received… pic.twitter.com/X3TqyaTOIR — Hamster Kombat (@hamster_kombat) December 28, 2024 Off the Grid stands tall: As the end of the year dawned, Avalanche-based shooter Off the Grid raked in some media accolades. Not only did it win GG’s Game of the Year, but the battle royale shooter also won Gam3s’ Game of the Year award and made it to a Rolling Stone year-end gaming list. Gunzilla Games shared its 2025 plans with Decrypt alongside the GOTY honors. Most notably, this includes an estimated Q1 2025 date for its GUNZ network to enter mainnet, which would enable its GUN token to be freely traded. Before then, the studio wants to launch ranked and solo queue modes, and open up the remaining 80% of the map while kicking off the game's storyline. After that, Gunzilla will be looking to onboard third-party developers to the GUNZ network, and is even eying a possible Telegram mini app for the ecosystem. It should be a big year for one of crypto gaming's biggest success stories to date. Illuvium's next steps: Crypto gaming franchise Illuvium announced how it will be moving forward in the new year. The project previously launched three titles that fed into each other, both through shared resources and a narrative loop—but focusing on all three titles has been too challenging. Going forward, the team will prioritize efforts on one game at a time, starting with the auto-battler Illuvium Arena. The lengthy blog post also touches on plans to reduce microtransactions, add more content, and raise more funding. Perhaps most significantly, the post ponders the possibility of temporarily shutting down the flagship title Illuvium Overworld until it is a “fully realized experience.” But coming into 2025, improving the Overworld MMO experience is said to be the Illuvium team’s “top priority.” 🌟 A New Dawn for Illuvium: Overworld 🌟 Rangers, it’s time to look ahead as Co-Founder CEO @KieranWarwick shares Illuvium’s next chapter in his latest blog update. From refining our gameplay experiences to transforming Overworld into an immersive MMO Lite, here’s what’s in… https://t.co/JEtfW6alO0 pic.twitter.com/bHG543DoPq — Illuvium (@illuviumio) December 20, 2024 ICYMI Telegram game Catizen distributed rewards to airdrop pass holders on Friday, which saw holders receive three different tokens. Iconic gaming brand Atari revealed a new handheld console, the “My Arcade.” Zoo, a surging Telegram game with over 12 million players, confirmed that its mining phase will end on January 31 and that one in-game ZOO token will be equal to one future on-chain token. Sonic SVM confirmed that players of its TikTok tap-to-earn game will receive a SONIC airdrop on the Solana blockchain. Crypto trading card game Parallel crossed 6 million games played in the history of its existence, with developers claiming that it currently averages 200,000 games a week. Telegram game Cat Gold Miner announced that its token will be listed on Bitget, Gate, MEXC, and other exchanges on Thursday, January 9. Someone turned the iconic first-person shooter Doom into a CAPTCHA human verification challenge. GameStop meme stock icon Roaring Kitty posted a GIF that sent gaming stock Unity Software surging on Thursday. Gaming prediction market Forkcast announced it will launch onto Ethereum sidechain gaming network Ronin. Parallel's open beta Season 11, called Hounds of Havoc, kicked off on Thursday. //Servers Online OPEN BETA SEASON 11: Hounds of Havoc has begun. Learn more by visiting this season's blog:https://t.co/IYV3exAuhi pic.twitter.com/3B1sLvAv2n — Parallel (@ParallelTCG) January 2, 2025 Crypto shooter Shrapnel recapped 2024, saying that it hosted over 3.7 million sessions of the game. Mobile crypto game Honeyland started its Ancient Bee minting event, with players being rewarded in SOL prizes. Ubisoft’s blockchain battle arena shooter Captain Laserhawk: The G.A.M.E. showed off its battle pass. GG spotlight Here are a few of our original stories from this past couple weeks that we think are well worth a weekend read: Edited by Andrew Hayward
Polymarket odds for Berachain, Linea airdrops on the rise
Polymarket odds for Berachain and Linea airdrops in the first quarter of 2025 have risen drastically. Users on the Polygon-based platform have been betting on the projects launching their airdrops in Q1 2025 since the beginning of the year. The platform requires users to bid yes or no, depending on their choice of vote. The platform also ascertains the level of votes on a project, tilting the average odds towards the preferred options. Polymarket shot to fame during the United States election, where it predicted President-elect Donald Trump as the eventual winner even before the announcement was made. The platform currently has a list of projects that may likely launch in the first quarter of 2025, with users allowed to choose the side they want to bet on. Aside from Berachain and Linea airdrops, the platform has provided users with options to bet on Jumper, Pump.fun, and Aleo airdrops among others. Polymarket odds for Berachain airdrop rise Berachain has risen to prominence in the crypto industry, becoming one of the fastest-growing projects. It has also received significant funding, raising $43 million in 2023, before raising $69 million in a funding round in March 2024. According to sources familiar with the matter, the funding round was led by Brevan Howard Digital and Framework Ventures, pushing its value above $1 billion. See also House Speaker Mike Johnson re-Elected who backs FIT21 and opposes CBDCs Berachain is a layer-1 network, housing a handful of DeFi-related applications in its ecosystem. Its native exchange BEX is also looking to rival Uniswap, allowing users to swap tokens, while its lending protocol BEND, allows users to borrow and lend tokens, just like Aave. According to on-chain data , Berachain has handled more than 500 million transactions since inception, with about 57 million taking place in the last 14 days. Berachain has also witnessed a surge in active addresses on its platform, rising from 945,000 on Dec 15 to about 3 million presently. The odds of Berachain launching an airdrop, according to Polymarket is at 90%, a figure up by 40% since the market was created. Users can bet on the ‘Yes’ option at $0.89, with the ‘No’ option currently at $0.10. The total volume of bets on the market is presently at $64,471. Linea ecosystem witness growth ahead of its airdrop Linea, on the other hand, is a layer-2 network that uses zero-knowledge proofs to supercharge the Ethereum network. It provides tough competition to other layer-2 rivals like Arbitrum, Optimism, and Base. According to on-chain data , Linea has handled about 241 million transactions, with around 241,000 coming in the last 14 days. Linea has a total value locked ( TVL ) of $383 million, with popular players like Mendi, ZeroLend, and Lynex in its ecosystem. Linea’s popularity can be attributed to its establishment by the popular crypto firm Consensys. Consensys raised about $450 million via firms like Softbank, ParaFi, and Third Point. The Linea airdrop will be monitored by its foundation, an organization that was created in November 2024. See also Syria proposes to legalize Bitcoin for economic recovery According to Polymarket, the odds of Berachain launching an airdrop in the first quarter of 2025 is around 88%, up 38% since the market was created. Users can bet on the ‘Yes’ option at $0.90, while they can also bet on the ‘No’ option at $0.13. The total volume of bets on the market is presently around $16,561. Notably, the increase in odds does not necessarily mean the projects will launch the airdrops in the first quarter of 2025. It means that users have seen signs that have pointed to these projects launching the airdrop, seeing that it is the bettors that shift the momentum with their picks. Meanwhile, other projects like Wormhole, Hamster Kombat, LayerZero, and Eigenlayer have launched their airdrops with mixed success. Eigenlayer, for example, has dropped 30% from its listing figure, while Wormhole dropped a disappointing 82%. Land a High-Paying Web3 Job in 90 Days: The Ultimate Roadmap
Akuma Inu Price Prediction: AKUMA Soars 70% As Traders Turn To This Cat-Themed Token For 50X Gains
The Akuma Inu price has soared 70% in the last 24 hours to trade at $0.0003873 as of 7 a.m. EST on an 18% pump in trading volume to $3.4 million. Akuma Inu Price Breaks Above The Rounded Bottom The AKUMA/USD price action indicates a strong bullish trend, with the current price trading at $0.0003874 , reflecting strong upward momentum and increasing trader interest. A key support level lies at $0.0001291, which aligns with the 200-day moving average (MA200) and is the foundation for a rounded bottom pattern. This pattern is a classic bullish reversal signal, often indicating the beginning of a sustained uptrend. Additionally, the 50-day moving average (MA50), currently at $0.0002137, acts as immediate support and has been trending upward, reinforcing the overall bullish structure. The breakout above the previous resistance level at $0.0002500 is a critical confirmation of this bullish trend, with the price now targeting higher levels. AKUMAUSD Analysis Source: Dextools.io The MACD (Moving Average Convergence Divergence) shows strong bullish momentum, with the MACD line well above the signal line and an expanding histogram that reflects increasing buying pressure. This suggests that traders are actively accumulating the asset, pushing prices higher. Meanwhile, the RSI (Relative Strength Index) is 68.23, nearing the overbought zone. This level indicates strong bullish momentum but hints at a potential short-term pullback if the RSI crosses overbought territory (above 70). Akuma Inu Price Signals More Uptrend Ahead The rounded bottom breakout and subsequent rally suggest that the next significant price target could be around $0.0004500, which aligns with historical price action and potential Fibonacci extensions. However, if the price faces resistance or profit-taking near current levels, it may pull back to test support at $0.0003000 or the MA50 at $0.0002137. A deeper retracement would target the MA200 at $0.0001291, which remains a critical level for maintaining the bullish outlook. The strong alignment between the moving averages and support levels suggests a solid foundation for the uptrend as long as the price stays above these levels. The chart presents an optimistic scenario, with the breakout above $0.0002500 as a key validation for further upside. Catslap Viral Meme Coin Poised For Explosive Growth Meanwhile, crypto influencer Clay Bro, with more than 134K YouTube subscribers, says the cat-themed meme coin Catslap (SLAP) has 50X potential. Catslap has skyrocketed in popularity due to its viral slapping game, where players can slap characters like Pepe the Frog, Chris Rock, Kamala Harris, and Michael Jackson. The game has amassed over 2.3 billion slaps globally, gaining even more traction with its new slap-to-earn feature. This addition allows players to earn cryptocurrency rewards for slaps, enhancing the game’s appeal. The introduction of slap-to-earn has fueled speculation that Catslap could replicate the success of Hamster Kombat, a viral clicker game with a market cap exceeding $155 million. With Catslap’s current market cap at $20 million, there’s potential for investors to see explosive growth. Unlike most meme coins that rely on presales, SLAP opted for a direct market launch, avoiding the risk of post-presale dumps. Already available on decentralized exchanges, SLAP recently secured a listing on MEXC, a top centralized exchange by daily trading volume. This move significantly boosted its visibility and accessibility to a broader trader base. Catslap has also partnered with Best Wallet, one of the fastest-growing crypto wallets. This partnership grants SLAP access to over 100,000 users and simplifies token purchases for investors. With its viral gaming appeal, strategic partnerships, and increased accessibility, SLAP is carving a niche in the competitive meme coin market. Upcoming developments, including a token burn and other strategic initiatives, could further accelerate its growth, positioning SLAP as a compelling investment opportunity. Purchase SLAP here. Related Articles Morgan Stanley Mulls Crypto Trading Launch On E-Trade Platform New cryptocurrency Releases, Listings, Presales Today Fartcoin Price Surges 18% This Might Be The Next Crypto To Explode
Berachain, Linea airdrop odds rise on Polymarket
Polymarket users expect Berachain and Linea Protocol to launch their airdrops in the first quarter of this year. A small Polymarket poll with $22,000 in assets places the odds of Berachain’s airdrop at 90% and Linear at 89%. Berachain airdrop hopes rise Berachain has become one of the fastest-growing players in the crypto industry. It is also one of the best-funded, having raised $43 million in 2023 and $100 million in March last year, which valued it at $1 billion. It is a layer-1 network with a portfolio of DeFi-related applications in its ecosystem. BEX is a Uniswap ( UNI ) rival that lets users swap tokens effortlessly, while BEND is an Aave ( AAVE ) rival for borrowing and lending. BERPS lets users trade their favorite tokens, while BGT Station lets users participate in BGT’s governance. HONEY, the company’s native stablecoin, connects these ecosystem dApps. On-chain data shows that Berachain’s network has handled over 533 million transactions since inception. A chunk of those transactions, 57.14 million, took place in the last 14 days. Also, the number of active addresses in Berachain has risen from 945,000 on Dec. 15 to almost 3 million today. Berachain stats | Source: BeraTrail Linea’s ecosystem is growing ahead of airdrop Meanwhile, Linea is a popular layer-2 network that uses zero-knowledge technology to supercharge the Ethereum network. It rivals other L2 networks like Arbitrum, Base, and Optimism. On-chain data shows that Linea has handled over 241 million transactions in its network. It has handled almost 240,000 transactions in the last 14 days. More data shows that Linea has accumulated over $383 million in locked value. Mendi, ZeroLend, and Lynex are notable players in its ecosystem. Linea’s popularity is likely due to its establishment by Consensys, a leading player in the crypto industry. Consensys has raised over $450 million from companies like Third Point, ParaFi, and Softbank. The Linea Foundation , a Swiss organization that started in November last year, will oversee the airdrop. Many popular crypto projects like zkSync, EigenLayer, Wormhole, LayerZero and Hamster Kombat have launched their airdrops with mixed success. Wormhole’s token has dropped by 82% from its listing high, while EigenLayer is down by 30%.
Top 10 Funny News in the Crypto World 2024 | Annual Review
Author: Nianqing, ChainCatcher Happy New Year! How do you plan to spend the last moments of 2024? If you need some NetEase Cloud moments tonight, it might look like this: In April, you encountered rare heavy rain in the deserts of Dubai; In September, the A-shares broke through 3300 points, and you quickly cashed out to buy A-shares; In November, you were afraid of being robbed during Ethereum Devcon in Thailand, so you covered the logo on your T-shirt with white tape; In December, Bitcoin broke through $100,000, and the news you shared attracted likes from friends and family, who said you must have made a fortune by entering early. You choked back tears and replied: Not much, just a small profit. …… This year, your cognitive dimension has greatly improved, completing the transformation from a crypto novice to a crypto consumer. Here is your investment sentiment for 2024: Year after year, the flowers are similar, and I really want to break even in the crypto world. On this special occasion, ChainCatcher has summarized some events that highlight the festive atmosphere beyond "financial consumption"------ (This article only represents the author's personal humor. If you have darker, humorous, or satirical news, feel free to discuss with us on X platform and @ChainCatcher_) Vitalik Becomes the Adoptive Father of Internet Celebrity Hippo Moo Deng In September this year, a two-month-old pygmy hippo named Moo Deng (Jumping Pig) at the Chonburi Zoo in Thailand quickly became famous due to its playful interactions with its keepers, turning into a well-known internet meme with various meme images created. The hippo craze also swept through the crypto circle, with several chains launching their own memecoins named after it, including Ethereum and Solana. Interestingly, after receiving the MOODENG airdrop from the deployer, Vitalik sold off the tokens for several days, causing MOODENG to drop over 70% from its peak. However, in November, Vitalik visited the zoo to see little hippo Moo Deng, which led to the Ethereum chain's meme token MOODENG hitting an all-time high. Recently, Vitalik announced that he has become Moo Deng's adoptive father, stating that over the next two years, he will donate 10 million Thai Baht to help the little hippo grow up healthy and happy, and "maybe I will donate more because I have reserved 88 ETH for Moo Deng and her friends." Following this news, MOODENG surged nearly 70% in 24 hours. But to put it in perspective, Vitalik received a total of 61.7 billion MOODENG tokens, accounting for 14.68% of the total supply, worth several million dollars. Solana Officially Releases Breakpoint Advertisement, Satirizing the Current State of Crypto Conferences On August 1, Solana's official social media released a promotional video titled "Breakpoint: not your average crypto conference." This video satirizes the current state of crypto summits with sharp and incisive commentary. For instance, there are more speakers than attendees, participants collect "a ton" of project merchandise, listeners care more about airdrops and token launches than project innovation, guests often repeat similar viewpoints and force concepts, and discussions often lack coherence. This video was quickly translated into multiple languages, sparking discussions (or self-mockery) within the industry, and has garnered over a million views. Interestingly, Solana Breakpoint indeed delivered on its promise, as the Breakpoint summit held in September received high popularity and acclaim. Revisit: https://x.com/solana/status/1818718599579943075 On November 5, Solana also released a video titled "Build for users, not VCs," seemingly calling back to the satirical advertisement from August. This latest video lists a series of crypto industry jargon, such as discussing building infrastructure, improving scalability, bridging to mainnets, re-staking, establishing partnerships with well-known protocols, and quickly securing funding, but never inquiring about consumers, users, or specific use cases. Click here to view: https://x.com/solana/status/1853567281630150859 Bankless Founder and Synthetix Founder Engage in an Offline Real Fight There are many online brawlers in the crypto community, but few dare to actually fight. On October 11, Synthetix founder Kain Warwick and Bankless founder David Hoffman engaged in an offline real fight in Salt Lake City, Utah. This match was co-hosted by Permissionless and the fighting live-streaming platform Karate Combat, with Permissionless being a cryptocurrency-themed conference co-hosted by Bankless and Blockworks, offering free tickets to the fighting event for ticket holders. The reason for their fight stemmed from some disagreements during an online discussion about core issues in DeFi and the crypto industry. They had previously reached a $500,000 betting agreement regarding the sponsorship scale of Synthetix's infinex. This crypto fight attracted significant attention, with Polymarket opening a betting pool on their duel as early as September 24. The real fight lasted less than ten minutes, with the final result being that Bankless founder David beat Synthetix founder Kain, who was significantly larger than him. Related article: 《 Crypto Real Fight: Bankless Founder Beats Synthetix Founder 》 A Spa in New York Chooses to Mine Bitcoin to Heat Its Pools Due to High Electricity Costs On the surface, Bathhouse, located in Brooklyn, New York, is an ordinary public bath. However, behind these warm pools are dozens of Bitcoin mining machines running 24/7. In 2019, two young men who enjoyed soaking in baths after workouts established the first Bathhouse in Brooklyn, featuring three hot spring pools, two saunas, a steam room, and two Turkish baths. However, the temperature-controlled environment meant high energy consumption, with their monthly electricity bill reaching $20,000. In 2021, after seeing videos online of using Bitcoin mining machines to heat pools, the two decided it was the most meaningful thing in the world and decided to give it a try. By the end of 2021, they purchased 12 Bitcoin mining machines to power the two warm pools at the Williamsburg branch of Bathhouse, generating about 1,200 THz of computing power per second. This year, the Bathhouse branch in New York City's Flatiron District opened, with all four hot spring pools and three Turkish baths heated by 14 larger and better Bitcoin miners at a rate of 2,600 THz per second. Although the income from Bitcoin mining does offset some costs, the two founders stated they view mining merely as an engineering solution to effectively utilize energy and capital. Compared to the profits from Bitcoin mining itself, this concept and marketing approach have significantly increased their visibility. Thus, Bathhouse has never sold any Bitcoin and emphasizes that there are no plans to sell in the future; they will store the mined or customer-paid Bitcoin in the company's long-term savings. After Bitcoin Surpasses $100,000, Financial Times Issues an Apology On December 5, Bitcoin first broke through the $100,000 mark, and shortly after, the Financial Times published a meme-covered letter titled "Hodlers: an apology: A mea culpa to mark a BTC milestone." In this article, the Financial Times wrote: "Long-time readers of FT Alphaville may have formed the impression that the authors have been skeptical about cryptocurrencies, especially Bitcoin, both in the past and present. This is correct…" Nevertheless, as Bitcoin's price surpassed $100,000, given our long-standing cynicism, many commentators seemed to think they should apologize, so here it is: If at any point in the past 14 years you chose not to buy this continuously rising asset based on our "evaluation," we sincerely apologize. It's great when your account balance rises. If you misunderstood our crypto cynicism as a declaration of support for tradfi, we apologize for that too, as we dislike it as well. Many in the crypto community likely began "venting" by sharing the title, but in reality, this article is a self-deprecating or sarcastic "apology," a typical example of British "dark humor." Related article: 《 Behind the Sarcastic "Apology" is a Cry from News Practitioners 》 Airdrop Competition Escalates, LayerZero Performs "Insulting" Airdrop The cross-chain interoperability protocol LayerZero officially issued an airdrop worth over $100 million in June this year. Prior to this, LayerZero underwent a month-long witch hunt, believing that the highest quality users should receive airdrop rewards, and these top users should be the most "persistent" ones. LayerZero has been dubbed the "witch killer" due to its introduction of a new "bounty reporting mechanism," which involves multiple stages of scrutiny, including self-reporting, official review, and bounty reporting, making it a "multi-angle, all-around" anti-witch approach. The large-scale cleansing movement provoked a backlash from many ++airdrop hunters++ ------"2.16 million witch addresses, the largest witch pool ever created, airdrop hunters are electronic beggars, holding bowls to ask for alms, zkSync passes by without even looking." However, more self-deprecating remarks emerged, such as "the military book has twelve volumes, each volume has a name," with many addresses innocently caught in the crossfire, having interacted honestly and spent real money but receiving nothing, leading to the emergence of a new term in the Chinese community: insulting airdrop. Related article: 《 ++Those++ Targeted by LayerZero's "Witch Hunt": We are the "Tools" Creating False Prosperity on the Blockchain 》 Interestingly, during the airdrop claiming process, LayerZero also invented an airdrop "donation mechanism" (Proof-of-Donation), which simply means "pay to claim airdrop," requiring a donation of $0.10 for each ZRO token. This donation mechanism can essentially be viewed as a kind of "airdrop tax." Related article: 《 Pay to Claim ZRO, This Airdrop Has Created a New Twist on Pay to Earn 》 Musk Gets His Wish, Finally Becomes Minister of D.O.G.E In this election year in the United States, Musk has become particularly active in politics. As early as August, Musk mentioned wanting to establish a government efficiency committee during an online discussion with Trump, stating, "I think we need a government efficiency committee to examine where it makes sense to spend money and where it doesn't." The government department was officially named the "Department of Government Efficiency," abbreviated as D.O.G.E, thanks to the special contribution of the DOGE community! On November 12, Trump officially announced that Musk and former Republican presidential candidate Vivek Ramaswamy would lead the Department of Government Efficiency, making "D.O.G.E" a reality, and Musk completed his transformation from "Dog King" to "Minister of D.O.G.E." However, it should be noted that although D.O.G.E and Musk's related Dogecoin $DOGE only differ by a few separators, there is no direct conceptual connection between them. Sun Yuchen Eats the "Most Expensive Banana in History" Worth $6.2 Million On November 21, Sun Yuchen purchased Maurizio Cattelan's iconic work Comedian banana for $6.2 million, making it the "most expensive banana in history." On November 29, Sun Yuchen held a press conference at the Peninsula Hotel in Hong Kong titled "Sun Yuchen Wins the World's Most Expensive Banana: Redefining the Boundaries of Art and Crypto Culture." At the conference, Sun Yuchen ate the $6.2 million banana he won at auction, stating that the banana, as a concept of decentralization, transcends borders and boundaries. He also revealed in an interview that he made the decision to eat the banana right after successfully winning it, wanting to become a part of its history. Reports indicate that the banana was purchased by a Sotheby's staff member from a fruit stand in Manhattan's Upper East Side that morning. The fruit stand owner, who is from Bangladesh, revealed that the banana was priced at 35 cents. This means the auction price was 14.85 million times the actual value of the banana. Italian artist Maurizio Cattelan's conceptual art piece "Comedian" aims to explore the value of art, the nature of consumerism, and the absurdity of the art market through an ordinary banana, satirizing market speculation. Before the auction, the BAN Meme coin launched by Sotheby's vice president also successfully generated buzz for this auction event in the crypto circle, with BAN's market cap reaching as high as $378 million. It was this Meme coin that caught Sun Yuchen's attention regarding the banana auction. Related article: 《 After Buying the Most Expensive Banana, We Spoke with Sun Yuchen 》 HBO Documentary Aims to Reveal Satoshi Nakamoto's True Identity, All Related Parties Deny Involvement No one wants to be Satoshi Nakamoto, as this identity is too dangerous. In October, HBO announced that its upcoming documentary "Money Electric: The Bitcoin Mystery" would reveal the true identity of Bitcoin's anonymous creator, Satoshi Nakamoto. The film is directed by Emmy-nominated Cullen Hoback, known for "Q: Into the Storm." Several well-known figures closely associated with Bitcoin and the cryptocurrency industry, including Craig Wright (who claims to be Satoshi Nakamoto) and Hal Finney (an early Bitcoin developer), have publicly denied any connection to the HBO documentary. Craig Wright, despite publicly claiming to be Satoshi Nakamoto since 2016, has failed to gain widespread acceptance for his claims over the past few years. He stated on social media recently: "There is still no conclusive evidence regarding Satoshi Nakamoto's identity. Anyone claiming to know the truth is merely speculating." This statement has sparked intense discussions on social media. On the other hand, the family of the late Hal Finney has also publicly stated that they were not involved in the production of this documentary and do not wish to associate Finney's name with any unverified theories or speculations. They emphasized that Hal Finney's contributions are more reflected in the development and promotion of Bitcoin technology, rather than in debates about Satoshi Nakamoto's identity. TON Ecosystem Mini Game Hamster Kombat Draws Attention from Iranian Military and Official Opposition This year, the trend of click-to-earn mini games has swept across the globe. On the streets of Iran, in subway stations, taxis, and buses, you can see people tirelessly clicking on their phone screens. Most of these seemingly leisurely Iranians are users of Hamster Kombat. According to local media reports on June 24, Iranian government officials and hardliners strongly oppose the blockchain game "Hamster Kombat," claiming it is a tool of Western soft power aimed at distracting the public from the upcoming presidential elections. Amid the deteriorating economic situation and rising inflation in Iran, millions of Iranians view Web3 games as a way to make money. Hamster Kombat is a click game on Telegram where users earn points by performing repetitive tasks and potentially receive airdrops. Hossein Delirian, spokesperson for the Iranian National Cyber Space Center, stated that using games for cryptocurrency mining has become a breeding ground for hacker crimes, and participants in these games should be cautious about protecting their information and accounts. This controversy has also drawn attention from the religious community, with prominent Shia scholar Ayatollah Nasser Makarem Shirazi describing cryptocurrencies as "the root of many evils" and urging people to avoid playing Bitcoin-related games like Hamster Kombat. Special Note In fact, many funny and interesting events in the crypto world this year occurred in the Meme circle, such as: 《 Girlfriend Hair Collection Battle: When Performance Art Meets Meme, Rapidly Reaching a Market Value of Tens of Millions in Two Days 》 《[++When Meme Coins Encounter Social Hotspots: LUIGI Performs "Crypto Version of Robin Hood" Plot](当 Meme 币遇到社会热点：LUIGI 上演\“加密版罗宾汉\”剧情)》 《 How a Kid Who Live-Streamed a Token Scam Became a New Internet Sensation 》 《 ++Meme Perspective Awards: About My Experience of Launching a Meme Coin with a Refrigerator… 》 Memecoins, as a typical example of "attention economy," have taken the combination of the crypto world and performance art to the extreme, with people finding themes, angles, and narratives, provoking people's nerves in absurd, bizarre, and even vulgar ways. However, I personally do not believe this has any direct relation to crypto; they are merely dressed in the guise of token issuance. Therefore, these interesting moments were not specifically considered part of the "crypto world" in this article, but I still believe they are an important part of Crypto culture.
Daily Report | The central bank released the "China Financial Stability Report," mentioning the compliance progress of cryptocurrencies in Hong Kong;
Organizer: Luan Peng, ChainCatcher Important News: Former U.S. President Carter has passed away, and the U.S. will hold a state funeral Malaysian regulators demand Bybit to shut down local operations and stop advertising Cryptocurrency venture capital in 2024 reaches $13.7 billion, a year-on-year increase of 28% Hong Kong Legislative Council member Wu Jiezhuang: Bitcoin can be tested as part of Hong Kong's foreign exchange fund assets The central bank releases the "China Financial Stability Report," mentioning the compliance progress of cryptocurrencies in Hong Kong Hamster Kombat will build an L2 blockchain on the TON chain The ETF Store president: All 8 top ETFs launched in 2024 are related to cryptocurrencies Bitcoin mining company Rhodium sells its Temple mine for $40.6 million, co-CEO has resigned "What important events have occurred in the past 24 hours" Former U.S. President Carter has passed away, and the U.S. will hold a state funeral According to China News Network, former U.S. President Jimmy Carter passed away on December 29, 2024, at the age of 100. CNN reported that President Biden stated on the same day that he would order a state funeral for Carter in Washington, D.C. Biden said in a statement, "To honor this great American, I will order a formal state funeral in Washington, D.C." Malaysian regulators demand Bybit to shut down local operations and stop advertising Bybit Technology Limited and its CEO Ben Zhou have been warned by the Malaysian Securities Commission (SC) for operating a digital asset exchange (DAX) without registration. The Securities Commission stated that Bybit and Ben Zhou have been on the regulator's investor warning list since July 2021. The SC has instructed Bybit to shut down all its websites and applications in Malaysia and stop advertising to Malaysian investors within 14 working days starting from December 11, 2024. Additionally, Bybit must terminate its Telegram support group for Malaysian users. Cryptocurrency venture capital in 2024 reaches $13.7 billion, a year-on-year increase of 28% According to The Block Pro's funding dashboard, venture capitalists invested approximately $13.7 billion in cryptocurrency and blockchain startups in 2024, a 28% increase from $10.7 billion in 2023. However, this figure is still far below the peak levels of $33.3 billion in 2022 and $29 billion in 2021. Rob Hadick, a general partner at Dragonfly, stated that despite Bitcoin's rise of over 150% this year, venture capital funding has not accelerated, mainly due to the relatively calm market for limited partners (LPs), with many venture capital firms lacking sufficient confidence to deploy remaining funds before raising new funds. Early-stage financing dominated the market in 2024, with pre-seed deals reaching a record high of 1,180, up 68% year-on-year. Seed-stage financing totaled $3.4 billion, close to the $3.8 billion in 2021. Series A financing exceeded 175 deals, raising $2.8 billion, a year-on-year increase of 46%. Late-stage financing saw a decline. Hong Kong Legislative Council member Wu Jiezhuang: Bitcoin can be tested as part of Hong Kong's foreign exchange fund assets According to Hong Kong Wen Wei Po, Hong Kong Legislative Council member and chairman of the Web3 Virtual Asset Development Committee Wu Jiezhuang stated in an interview that Hong Kong needs to study how to maintain national financial security amid U.S. interference with Bitcoin and its impact on traditional asset markets. He suggested that Hong Kong should leverage its "one country, two systems" advantage to test Bitcoin as part of the foreign exchange fund assets and explore ways to utilize Bitcoin for the country. Regarding whether holding Bitcoin would help the Hong Kong government combat fiscal deficits, Wu Jiezhuang believes that while the government can use Bitcoin as a tool for asset appreciation, significant holdings would be necessary for noticeable effects. Currently, the government's fiscal deficit has exceeded 100 billion, so holding a small amount would not significantly help; the preservation function of Bitcoin would outweigh its appreciation potential. The central bank releases the "China Financial Stability Report," mentioning the compliance progress of cryptocurrencies in Hong Kong The People's Bank of China recently released the "China Financial Stability Report (2024)," which mentioned global cryptocurrency regulatory dynamics, including compliance progress in Hong Kong. The report pointed out that due to the potential spillover risks of crypto assets on financial system stability, regulatory authorities in various countries are continuously increasing their regulatory efforts on crypto assets. Currently, 51 countries and regions worldwide have implemented prohibitions on crypto assets, and some economies have adjusted existing laws or re-legislated regulations. Among them, Hong Kong is actively exploring a licensing management system for crypto assets, categorizing virtual assets into two types for regulation: securitized financial assets and non-securitized financial assets. A "dual licensing" system is implemented for virtual asset trading platform operators, applicable to the Securities and Futures Ordinance and the Anti-Money Laundering Ordinance. Institutions engaging in virtual asset business must apply for registration licenses from relevant regulatory authorities to operate. Additionally, Hong Kong requires large financial institutions such as HSBC and Standard Chartered to include cryptocurrency exchanges in their daily customer monitoring. Hamster Kombat will build an L2 blockchain on the TON chain Hamster Kombat announced on X that its DAO community has completed voting on the second proposal, deciding to build the Hamster L2 blockchain on the TON blockchain. Hamster Kombat stated that development work will commence immediately. The ETF Store president: All 8 top ETFs launched in 2024 are related to cryptocurrencies The ETF Store president Nate Geraci stated on X, "All 8 top ETFs launched in 2024 are now related to cryptocurrencies, including 4 spot BTC ETFs, 2 spot ETH ETFs, and 2 MSTR ETFs. Nearly 740 new ETFs have been launched this year." He also mentioned that a spot Solana ETF is expected to be approved in 2025. Bitcoin mining company Rhodium sells its Temple mine for $40.6 million, co-CEO has resigned Bitcoin mining company Rhodium Enterprises co-CEO Nathan Nichols has resigned, and the company has completed the sale of its Temple mine in Texas for $40.6 million in cash. Rhodium announced in an email to investors last week that Nichols has decided to resign, effective after the New Year. Just weeks ago, Rhodium's creditors filed a lawsuit against him and other co-founders, accusing them of fraud. Rhodium also informed investors that the company had previously received $15 million of a $30 million debtor-in-possession financing from Galaxy Digital. After completing the sale of the Temple mine on December 18, the company used $16 million of that to fully repay Galaxy's debt, including fees and interest. Musk: BlackRock's stake in xAI is less than 0.5%, one of many investors Musk stated on X that BlackRock's stake in xAI is less than 0.5%, making it one of many investors. Ripple CTO clarifies he is not a billionaire and states most of his personal wealth is tied to volatile assets Ripple CTO David Schwartz clarified that he is not a billionaire. Although in 2018, Ripple co-founder Chris Larsen's net worth soared to $54 billion due to holding 9 billion XRP, Schwartz chose to hold 2% of Ripple's shares and a salary instead of XRP. In 2019, Forbes estimated Schwartz's wealth at about $90 million, and in 2021 he stated that his net worth was still far below $170 million. He also revealed that most of his personal wealth is tied to volatile assets, which, despite substantial returns, still carry risks. In addition to XRP, Schwartz also holds Bitcoin and several other altcoins. Trader Eugene: December faced the largest two drawdowns to date, has positioned in ETH and related Beta coins Trader Eugene posted a December trading summary on his social platform, stating, "This month, I executed 47 trades with a win rate of 72%. The performance this month can be attributed to two main points: position size control and reducing unnecessary errors. December faced the largest two drawdowns to date, with a loss of $3.3 million (-7.5%) on DOGE long positions and a loss of $6.5 million (-10.2%) on SOL long positions. The main profits this month came from short-term trading of ETH and BTC, as well as successful long positions in some small altcoins, including ENA, PEPE, and other meme coins. In unclear market conditions, it is necessary to reduce the position size for high-volatility short-term trades. In summary for 2024, I achieved profits in 11 months this year and maintained good stability at different times. I expect January to be a good trading opportunity for some quality altcoins, and I have already positioned in ETH and related beta coins." Korean media: Upbit's partner bank K Bank sees record high delinquency rate for cryptocurrency account credit loans Data shows that the delinquency rate for credit loans against cryptocurrency accounts at K Bank in South Korea has reached a record high. K Bank is the Korean won account affiliate bank of Upbit, the country's leading cryptocurrency exchange, which accounts for over 70% of the country's cryptocurrency trading volume. After two consecutive failed listings, K Bank is preparing for an IPO next year, with concerns that its over-reliance on Upbit and poor stability indicators may become obstacles to its listing. Data submitted by the office of National Assembly Political Committee member and People Power Party lawmaker Kim Jae-seop to the Financial Supervisory Service today shows that as of the third quarter of this year, the delinquency rate for personal credit loans utilizing cryptocurrency-related accounts at K Bank is 1.28%, with a delinquent balance of 47.4 billion won. Since the bank launched cryptocurrency-linked accounts in June 2020, both the delinquency rate and delinquent balance have continuously reached record highs. It is reported that K Bank will restart its listing next month. The effectiveness of the listing preparatory review obtained in August this year will be valid until February next year, so the industry believes that K Bank may attempt to list again before then. Some analysts believe that the recent activity in the cryptocurrency market is beneficial for K Bank, as it can generate additional income by managing investor assets deposited on Upbit. Binance to launch PHAUSDT and DFUSDT 1-75x USDT perpetual contracts According to an official announcement, Binance's contract platform will launch perpetual contracts at the following times, with a maximum leverage of up to 75x: · December 30, 2024, 19:30 (UTC+8): PHAUSDT perpetual contract · December 30, 2024, 19:45 (UTC+8): DFUSDT perpetual contract Grayscale updates the list of top 20 assets in the cryptocurrency industry for Q1 2025, adding HYPE, ENA, VIRTUAL, JUP, JTO, and GRASS Grayscale Research stated that in Q1 2025, Grayscale will focus on tokens that involve at least one of the following three core market themes: the U.S. elections and their impact on industry regulation, particularly in decentralized finance (DeFi) and staking; ongoing breakthroughs in decentralized AI technology and the use of AI agents in blockchain; and the growth of the Solana ecosystem. Based on these themes, Grayscale has added six assets to the Top 20 list for Q1 2025: HYPE, ENA, VIRTUAL, JUP, JTO, and GRASS. Galaxy Research: Predicts Bitcoin's market cap will reach 20% of gold According to Bitcoin.com, Galaxy Research predicts that Bitcoin (BTC) will exceed $150,000 in the first half of 2025 and may even reach $185,000 in the last quarter of the same year. The research institution believes that adoption at the institutional, corporate, and national levels is the main factor driving this top cryptocurrency to these high points. Galaxy Research also stated that it foresees BTC continuing to outperform other asset classes (including the S&P 500). Regarding gold, the Galaxy team expects BTC's total market cap to reach 20% of the total market cap of precious metals. As of the writing of this article (December 29, 2024), BTC's market cap is approximately $1.85 trillion, while gold's market cap is estimated to be close to $18 trillion. Binance Megadrop launches Solv Protocol (SOLV) According to an official announcement, Binance has announced the launch of Solv Protocol (SOLV) on the Megadrop platform, which focuses on a financial ecosystem for Bitcoin. The total supply of SOLV is 9,660,000,000, with Megadrop rewards of 588,000,000. Specific trading times will be announced later. "What are the exciting articles worth reading in the past 24 hours" DeepBrainChain DBC: The exploration path of a decentralized AI public chain, supporting millions of AI Agents to run permanently With the continuous development of various technological fields, blockchain and artificial intelligence technologies are jointly driving an unprecedented technological revolution. In this transformation, DeepBrainChain (DBC), as a pioneer of decentralized AI public chains, is leading the future development of the AI industry with its unique charm and infinite potential. Since its establishment in 2017, DBC has been committed to building a decentralized AI infrastructure, gradually constructing a stable, efficient, and secure decentralized AI public chain network through continuous technological innovation and ecological expansion. In the process of gaining a deeper understanding of DBC, we had the privilege of interviewing DBC's founder, Feng. Feng shared DBC's ecological vision and planning, filling us with anticipation for DBC's future. Interview with Virtuals co-founder Wee Kee: How do AI Agents make money and generate sustainable cash flow? Virtuals is an AI agent asset issuance platform launched on the Base network, currently valued at nearly $2.5 billion, with over 100,000 agents issued on its platform. Its ecosystem has birthed several standout AI agents, including the virtual person Luna who does live streaming and tweeting, the crypto "KOL" AIXBT who provides project suggestions, and G.A.M.E, which offers a development framework for agents. Virtuals was originally established in 2021, evolving from the gaming guild PathDAO. However, as Axie Infinity fell from grace, operating a gaming guild became increasingly difficult. During this period, the team attempted multiple transformations and developed various platforms, including a dating app, an AI music project, and lending services for gamers. It wasn't until 2023, with the release of GPT, that the team recognized the importance of AI, and Virtuals officially made AI its primary focus. The rise of GOAT has sparked a wave of AI agents in the Web3 space, but beyond memes, what other possibilities do AI agents hold? ChainCatcher interviewed Virtuals co-founder Wee Kee, who believes that AI agents can autonomously create sustainable cash flow assets. Tokenizing them can provide quality returns for investors while incentivizing more developers to create better AI agents. He used the well-known Luna and G.A.M.E on Virtuals as examples to illustrate the profit-making mechanism and tokenization process of AI agents. In the future, Wee Kee hopes to build a community composed of both AI agents and humans, where true economic cycles can form between AI and AI, as well as between AI and humans, greatly liberating human productivity. In this conversation, we discussed the profit-making mechanisms of AI agents on Virtuals, the development ecosystem, and his vision of an AI society. Envious of Tether's billions in profits, banks are rushing to issue stablecoins The stablecoin USDT, the "anchor" of the crypto world, is quietly disrupting the traditional financial industry. More and more banks are entering the stablecoin market. According to Bloomberg, banks such as Société Générale, Germany's Oddo BHF, the UK's Revolut, and even the Hong Kong Monetary Authority are all starting to lay out their strategies in the stablecoin market, hoping to get a piece of the pie. Previously, the world's largest stablecoin issuer, Tether Holdings Ltd., predicted that its net profit would exceed $10 billion in 2024. CEO Paolo Ardoino stated in an interview that the company has already invested more than half of its net profit this year. Naveen Mallela, co-head of JPMorgan's digital asset division Kinexys, stated that stablecoins issued by banks are expected to accelerate development and become mainstream products within the next three years. With the improvement of policy frameworks and technological advancements, stablecoins are expected to become an important component of future financial markets. 2024 AI Agent popular project review: Transformation from Meme to infrastructure tokens In the bull market of the second half of 2024, in addition to the pure meme projects sweeping the market, the AI Agent sector has shown strong discussion heat and astonishing "wealth creation effects" due to its unique technological innovations and practical applications. As a pioneering field deeply integrating Crypto and AI, the rise of AI Agents has not only attracted widespread attention within the industry but also drawn a significant influx of on-chain capital. In the Web3 world, security and transparency are always core principles, while AI relies on efficient parallel computing and faces many challenges due to its "black box" nature. The emergence of AI Agents not only solves these integration challenges but also provides new possibilities for the combination of the two. It is foreseeable that AI Agents are destined to become one of the most promising and noteworthy sectors in 2025. Before looking forward to 2025, Odaily Planet Daily will take you to review the representative top projects of the AI Agent sector's rapid development in the second half of 2024. Understanding MSTR MicroStrategy's Bitcoin strategy in one article Compared to BTC ETFs or other Spot Bitcoin ETPs launched by companies like BlackRock, MicroStrategy's Bitcoin strategy is more aggressive. It purchases Bitcoin through company idle funds, issuing convertible bonds, and stock issuance, allowing the company to gain potential profits from Bitcoin's rise while bearing the potential risks of Bitcoin's decline, whereas ETFs/ETPs focus more on price tracking. One article interpreting the current development status of ai16z and Virtuals: occupying over half of the AI Agent market share, both face challenges of ecological centralization With the gradual improvement of infrastructure and the gradual landing of application scenarios, the crypto AI Agent ecosystem is becoming increasingly prosperous, presenting a new market development trajectory, with liquidity and user participation continuously rising. In this wave of AI Agents, ai16z and Virtuals Protocol are undoubtedly the two most prominent representative projects, attracting various capital eager to capitalize on their ecosystems. Meme Popularity Rankings According to the meme token tracking and analysis platform GMGN , as of December 30, 19:30: The top five popular Ethereum tokens in the past 24 hours are: RAI, SEN, KEKIUS, ULTI, MYSTERY The top five popular Solana tokens in the past 24 hours are: VIRTUAL, LOCKIN, CLO, Artpump.fa, BRETT The top five popular Base tokens in the past 24 hours are: COPE, SKICAT, MOEW, CLANKER, BRETT
The Future Challenges and Opportunities of GameFi in 2025
Author: cointelegraph According to a survey by the Blockchain Game Alliance, 42% of respondents believe that player reward models are the biggest advantage in attracting new users. However, as the GameFi industry evolves, blockchain games will face multiple challenges by 2025. Tobin Kuo, CEO of Seraph, stated in an interview with Cointelegraph that maintaining player engagement, adopting new technologies, and building a sustainable in-game economy are obstacles that GameFi must overcome to remain competitive. Tobin pointed out that over 60% of players quit Web3 games within 30 days. He believes that the lack of long-term incentives and poor game mechanics are the main reasons Web3 games struggle to sustain growth. He told Cointelegraph: "With the accelerated development of the attention economy, projects must prioritize player-centric design, focusing on immersive storytelling, skill-based rewards, and game mechanics that go beyond 'profit-first' models, rather than relying on trends to attract attention." In 2025, developing better blockchain games will also require the integration of emerging technologies, such as generative AI, to enhance player experience. Tobin noted that GameFi projects that fail to adopt new technologies in a timely manner typically see a 30%-40% drop in player retention. According to a survey of the Web3 gaming industry, these issues are considered the biggest challenges facing the GameFi sector in 2024. Source: Blockchain Game Alliance Building a Sustainable In-Game Economy Tobin emphasized, "An unstable in-game economy is a major reason for project failures." He believes that building a sustainable token model for Web3 games that controls inflation and is based on data-driven player rewards is key to maintaining player retention. He further explained, "Dynamic loot distribution, staking-based rewards, and economic strategies that enable player control through decentralized autonomous organizations (DAOs) could become best practices in GameFi development." Taking Hamster Kombat as an example, this clicker game made headlines in July, surpassing 300 million users in less than five months. However, after what is considered the largest token airdrop in cryptocurrency history, the game's active user count plummeted by 86%. As of November, the game's player count was down to 41 million, a significant drop from the summer peak of 300 million. Current State of the Blockchain Gaming Industry in 2024 The Blockchain Game Alliance recently released the "2024 Industry Status Report," surveying 623 professionals in the Web3 gaming industry. The report shows that about 53% of respondents believe that poor user experience and complex user interfaces are the biggest challenges preventing new players from entering Web3 games. Industry insiders outlined the main issues facing the GameFi sector. Source: Blockchain Game Alliance An early report from BGA indicated that 10% of users abandon entering Web3 games due to the complexity of setting up crypto wallets. At the Blockchain Futurist Conference held in August, Long Do, CEO of Anomaly Games, stated that abstracting blockchain functionality and allowing players to interact with the chain unconsciously is key to driving adoption. Additionally, BGA's 2024 report showed that 33% of respondents believe that poor gaming experience is one of the top three challenges currently facing the industry. According to a survey conducted by OnePoll earlier in 2024, among over 2,000 adults, most surveyed players lack understanding of blockchain games. The survey revealed that 52% of respondents did not know what blockchain games are, while another 32% reported having heard of blockchain games but never played them. Conclusion As the GameFi industry rapidly evolves, changes in player demand and market competition drive developers to continuously innovate and optimize. In 2025, how to maintain player stickiness, introduce new technologies, and establish sustainable economic models will be key factors determining the success or failure of GameFi projects.
TEMA Price Prediction: TEMA Plummets 16% As This Slap-To-Earn Meme Coin Surpasses 20K Holders – Next Hamster Kombat?
The TEMA price has plummeted 16% in the last 24 hours to trade at $0.05343 as of 8:04 a.m. EST on a 7% jump in trading volume to $90 million. TEMA Price Spikes Along A Parabolic Curve The TEMA/USD chart on the 4-hour timeframe shows a strong parabolic uptrend, with the current price at $0.05344 , reflecting a 1.79% increase. Key support levels are visible, with Support Level 1 at $0.0134 representing the initial consolidation zone that fueled the rally, and Support Level 2 at $0.0349 aligning closely with the 50-period Moving Average (MA). The price has been following a parabolic curve, suggesting strong bullish momentum, though such patterns often lead to sharp corrections once momentum weakens. TEMAUSD Analysis Source: Dextools.io The MAs further emphasize the uptrend, with the 50-period MA at $0.03497 and the 200-period MA at $0.01342. The price trading significantly above both MAs confirms the strength of the bullish trend. However, a breakdown below the 50-period MA could signal a loss of momentum and a potential reversal. The Moving Average Convergence Divergence (MACD) indicator supports the bullish outlook, with the MACD line at 0.0054 above the signal line at 0.0051 and a positive histogram reading of 0.0003. While this indicates upward momentum, the narrowing histogram suggests that momentum may be slowing, increasing the risk of a bearish crossover. Similarly, the Relative Strength Index (RSI) is at 65.81, approaching the overbought zone (above 70). This indicates bullish conditions but warns of potential price exhaustion if the RSI continues to rise. Tema Price Bulls Aim For $0.07 High If the price holds above Support Level 2 at $0.0349, the bullish trajectory is likely to continue, with the potential to surpass $0.07 in the coming sessions. Conversely, a breakdown below the parabolic curve or Support Level 2 could trigger a correction toward $0.0349 or, in extreme cases, $0.0134. Traders should watch for pullbacks near the parabolic curve or support levels as entry points for long positions, with targets set above $0.07. Alternatively, short positions could be considered if the price breaks below $0.0349, targeting lower levels. Catslap Viral Meme Coin Poised For Explosive Growth As Tema price shows signs of a potential pullback, investors are increasingly looking to the cat-themed meme coin Catslap (SLAP) , with the growing hype around the crypto potentially triggering a significant price surge in the short term. According to influencer Jacob Crypto Bury, who has more than 45K YouTube subscribers, SLAP has the potential to become the next 100X meme coin. Catslap has become hugely popular thanks to its viral slapping game, where players can slap characters like Pepe the Frog, Chris Rock, Kamala Harris, and Michael Jackson. So far, the game has racked up over 1.8 billion slaps worldwide. The project has gained even more traction with the introduction of a slap-to-earn feature, allowing players to earn cryptocurrency rewards with each slap. SLAP Set For Major Growth With Strategic Listings The addition of the new feature has sparked speculation that Catslap could mirror the success of the viral clicker game Hamster Kombat, which has a market cap of over $155 million. With Catslap’s current market cap at $28.3 million, there’s potential for investors to see at least a 5X return if it achieves the same level of success as Hamster Kombat. Unlike most traditional meme coins that rely on presales, SLAP took a different approach by launching directly on the open market, avoiding the risk of post-presale dumps. It’s already available on a decentralized exchange and recently secured a listing on MEXC, one of the top centralized exchanges by daily trading volume. This listing boosts SLAP’s visibility and gives it access to a wide pool of traders. On top of that, Catslap has partnered with Best Wallet , one of the fastest-growing crypto wallets, which gives SLAP access to over 100,000 users and makes it easier for investors to purchase the token. With its innovative strategy, viral gaming appeal, and increasing accessibility, SLAP is positioning itself as a strong contender in the meme coin market. The upcoming token burn and other strategic developments could further accelerate its growth, making it an attractive investment opportunity. Purchase SLAP here. Related Articles: “Buy The Dip” Mentions Soars To 8-Month High Amid Crypto Crash Top 5 Meme Coins to Watch for Massive Gains in 2025 Prison Sentence For Former FTX Executive Ryan Salame Reduced By 1 Year
Challenges for GameFi in 2025
Blockchain gaming faces several challenges in 2025. Tobin Kuo, CEO of blockchain gaming company Seraph, told Cointelegraph that sustaining player engagement, adopting new technologies, and building sustainable in-game economies were the hurdles GameFi must overcome to remain viable. According to Kuo, over 60% of players disengage from Web3 games after only 30 days. The CEO said a lack of long-term incentives and poor gameplay mechanics were behind the Web3 gaming sustainability problem . Kuo told Cointelegraph: "As the attention economy accelerates, projects must prioritize player-centric design, focusing on immersive storytelling, skill-based rewards, and game mechanics that go beyond 'earn-first' models instead of relying on trend-based attention." Building better blockchain games in 2025 also requires integrating new technologies such as generative AI to enhance player experiences. The Seraph CEO said that GameFi projects failing to integrate nascent tech typically record 30%-40% reductions in player retention compared to projects embracing new technologies. A poll of Web3 gaming professionals shows the biggest negative impact on the GameFi sector in 2024. Source: Blockchain Game Alliance Related: Executives flood blockchain gaming firms ahead of 2025’s AAA launches Building sustainable in-game economies “Unstable in-game economies are a leading cause of project insolvency,” Kuo said. Building sustainable token models for Web3 games that control inflation and feature data-driven player rewards was key to maintaining player retention. The CEO explained: "Strategies such as dynamic loot distribution, staking-based rewards, and player-controlled economies via decentralized autonomous organizations (DAOs) are likely to emerge as best practices for sustainable GameFi development." Clicker games like Hamster Kombat are a prime example. Hamster Kombat captured headlines in July after the game surpassed 300 million users in less than five months. However, the game experienced an 86% reduction in active users following a token airdrop, which was considered the largest in crypto history. As of November, the game only had 41 million players compared to the 300 million peak levels recorded during the summer. State of the blockchain gaming industry in 2024 The Blockchain Game Alliance (BGA) recently released its 2024 State of the Industry Report, which polled 623 professionals from the Web3 gaming industry. According to the report, approximately 53% of respondents indicated poor user experience (UX) and complex user interfaces (UI) present the biggest challenges to onboarding new players to Web3 games. Industry professionals outline the main problems facing the GameFi sector. Source: Blockchain game Alliance An earlier report from the BGA revealed that 10% of users were deterred from Web3 gaming due to complexities in setting up a crypto wallet. During a panel at the Blockchain Futurist Conference in August, Long Do, CEO of Anomaly Games, said abstracting away blockchain features so players did not know they were interacting onchain was key to driving adoption. The BGA’s 2024 report also showed that 33% of respondents said poor gameplay experiences were one of the top three challenges currently facing the industry. A OnePoll survey conducted earlier in 2024, polling over 2,000 adults, found that the majority of gamers polled were unaware of blockchain gaming . According to the survey, 52% of respondents did not know what blockchain games are, and another 32% indicated they heard of blockchain games but never played one. Magazine: How to pick a crypto gaming token winner this bull run: Web3 Gamer
GameFi faces major challenges in 2025 due to player engagement issues
Blockchain gaming is expected to encounter significant challenges in 2025, particularly around player engagement, technology adoption, and sustainable economies. Tobin Kuo, CEO of blockchain gaming company Seraph, shared insights highlighting that over 60% of players disengage from Web3 games within the first 30 days. Kuo attributed this to poor gameplay mechanics and a lack of long-term incentives. “As the attention economy accelerates, projects must prioritise player-centric design, focusing on immersive storytelling, skill-based rewards, and game mechanics that go beyond ‘earn-first’ models instead of relying on trend-based attention,” he stated. In addition to improving gameplay, integrating new technologies, such as generative AI, is essential for maintaining player retention. Kuo noted that projects that fail to adopt such technologies see a 30%-40% reduction in player retention compared to those that do. The need for sustainable in-game economies is also a critical challenge. Kuo explained that unstable in-game economies are a leading cause of insolvency for many projects. He suggested that best practices for sustainability may include dynamic loot distribution, staking-based rewards, and player-controlled economies through decentralised autonomous organisations (DAOs). The case of Hamster Kombat (CRYPTO:HMSTR), a game that gained 300 million users in less than five months, underscores these challenges. After a token airdrop, the game saw an 86% drop in active users, with just 41 million remaining by November. The Blockchain Game Alliance’s 2024 State of the Industry Report also revealed that 53% of Web3 gaming professionals cited poor user experience and complex interfaces as significant barriers to onboarding new players. Meanwhile, 33% identified poor gameplay experiences as a major obstacle.
HamsterVerse upgrades double surprise: DAO governance goes online, three new games are about to start
Recently, Hamster Kombat announced a major update and launched Hamster DAO. HMSTR holders can now directly participate in project governance, including proposals, voting, and key decisions, and contribute their voice to the future development direction of the project. The official stated that this is an important step for empowering the community, aiming to achieve true decentralized governance. In addition, Hamster Kombat has released its upcoming Season 2 content plan. The second season will not be limited to a single game, but will launch three new games based on the HamsterVerse worldview. These games will become the core pillars of the ecosystem, providing players with immersive experiences through characters and narratives. The HamsterVerse ecosystem focuses on entertainment and innovation, and the $HMSTR token will run through all game scenarios, becoming the key to user interaction and rewards. In order to ensure high-quality content launch, the official has launched a closed beta recruitment activity, inviting community members to participate deeply in testing and jointly shape the future game ecology. The Hamster Kombat team stated that the scale and influence of the second season will far exceed expectations, and the community is welcome to actively participate.
Hamster Kombat: Season 2 will build the foundation of the HamsterVerse with three games and is launching closed beta
On December 23rd, Hamster Kombat announced that Season 2 will begin with three games instead of one, and they will form the foundation of HamsterVerse. Season 2 will not just be one game, it will be much bigger and stronger than originally expected. HamsterVerse is an entertainment ecosystem built around the characters and storyline of Hamster Kombat. All HamsterVerse games will regularly use the HMSTR token. The team is launching a closed beta test and welcomes community participation.
New Meme Coin Flockerz Raises $7M in Presale as Trader Tips FLOCK as a Top Meme Coin to Buy Now
Flockerz (FLOCK) has reached a major milestone by raising $7 million in its presale, making a strong case for being a top meme coin as December heats up. This marks a big change for the project, which started slower but is now gaining momentum as the market prepares for a possible meme coin supercycle. The market isn’t just focused on one or two meme coins gaining – it could lead to a trillion-dollar meme coin supercycle, boosting meme coins by 8X to 10X on average. Flockerz is well-positioned to take advantage of this trend, thanks to its innovative approach and strong community support. Flockerz presale raises $7 million The Flockerz presale has become a major event, raising over $7 million so far. Interested investors can buy $FLOCK tokens for just $0.0064523 each. To join the strong bullish trend, visit the Flockerz website, connect a wallet like Best Wallet, and purchase $FLOCK using ETH, BNB, USDT, or a bank card. Potential investors can visit our guide on how to buy $FLOCK token here. The Best Wallet app gives instant access to the latest Flockerz updates and project news. Download it from Google Play or the Apple App Store. Investors can also stake their tokens right away and earn estimated APYs of 385%. These high returns are attracting attention but will decrease as more people stake their $FLOCK. Flockerz’s team has prioritized security, with Coinsult and SolidProof auditing the $FLOCK token’s code and finding no issues. Getting audited this early is rare for a new meme coin. Investors are paying attention, and many Telegram members believe Flockerz could list on top exchanges like Binance or Coinbase after its presale. These exchanges have recently started listing more meme coins, which could work in Flockerz’s favor. The presale currently has no end date. Experts predict a meme coin supercycle, with the market cap possibly reaching a trillion dollars. This would be a huge jump from the current $130 billion market cap, and meme coins could see average gains of 8X to 10X, with some experiencing 50X to 100X increases. Flockerz could be a top meme coin with Vote-to-Earn feature Flockerz stands out from typical meme coins with its FlockTopia DAO. While other projects like Shiba Inu and Hamster Kombat have talked about launching DAOs, none have fully succeeded—until now. The Flockerz team is actually making it happen. The key innovation is that FLOCK holders can earn more tokens simply by voting on important decisions. Here’s how it works: when someone acquires $FLOCK, they automatically join FlockTopia. They can vote on things like marketing strategies and token burns, and the smart contracts reward participants with extra tokens. This setup creates a cycle where active community members can earn crypto income by helping shape the project’s future. It seems unique in the market right now, and the “Vote-to-Earn” model is starting to attract attention. With its rising popularity, strong staking rewards, and distinctive governance model, Flockerz is poised to benefit from the growing meme coin trend. The ongoing presale activity—nearly a million dollars daily—shows the project’s positive momentum. As the meme coin market heats up, Flockerz is becoming a strong contender in the space. To take part in the $FLOCK token presale visit flockerz.com. Related Vote-To-Earn Meme Coin Flockerz Raises Over $7M In ICO – The Top Play For A Santa Claus Crypto Rally Analysts Predict Flockerz Could Follow Pepe Unchained’s Post-Launch Surge Flockerz Soars Past $5.6M In Presale, Innovative New V2E Mechanism Combats Hawk Tuah-Like Scams
Gamers Adopt Play-to-Earn in Web3, but Questions About Enjoyment Persist
Key Takeaways Incentives and rewards are the “top benefit” offered by Web3 games. Mainstream adoption from Sony, Konami, Square Enix, Atari, and others continues to drive Web3 gaming innovation. Industry experts remain concerned that boring games with poor gameplay remain a top issue for the Web3 gaming sector. Blockchain gaming has come a long way and continues to draw in players worldwide, but players aren’t really enjoying the games. Web3’s promising play-to-earn (P2E) model may still be a long way from ever being sustainable, yet it may be the primary reason anyone’s playing in the first place. You May Also Like AI March of the Web3 AI Agents: An Undead Internet Theory Technology Hitachi Solutions Unveils Web3 Development Support, Joining Sony in Blockchain Push Technology Sony’s Soneium Minato Testnet Joins Optimism’s Superchain ADVERTISMENT P2E Model, Overplayed? In its 2024 State of the Industry Report , the Blockchain Game Alliance (BGA) has found an interesting divide between gamers who play for fun and those who play for incentives. According to 42.4% of respondents, earning rewards from P2E titles is the main draw. Contrastingly, 46.2% identified the games as not fun, which is a main misconception around Web3. This is somewhat understandable, as wildly popular and overtly simplistic mobile titles such as Hamster Kombat (HMSTR) and Catizen (CATI) lack the prestigious gameplay seen with other blockchain titles such as Off the Grid, which is available on PlayStation 5 and desktop. For some time, the question of whether the P2E model could be sustained has been a point of contention. But Telegram’s ongoing efforts suggest that rewarding players will continue to be a mainstay of the most popular Web3 gaming offerings. It’s certainly come a long way since the early days of non-fungible tokens (NFTs), which facilitated early blockchain-based P2E experiences in titles such as Axie Infinity. Now, there are many free-to-play titles with few barriers to entry, which sometimes makes earning/NFTs an optional part of the experience. It’s worth noting that these views come from industry professionals who work at major blockchain and gaming firms such as Square Enix, Ubisoft, The Sandbox, Immutable, Accenture, and others. Overcoming Challenges Beyond the complicated interplay of P2E mechanics and making fun games, 53.9% of respondents cited onboarding and poor user experience (UX) as the main challenges facing Web3 gaming. It’s an improvement from 2023’s 79.5% result, which reflects Web3 gaming’s shift toward developing free-to-play titles and gasless transactions. For quite some time, layer-2 scaling solutions such as Ronin were absolutely necessary to keep Web3 games accessible and affordable, as network fees would act as a sizeable barrier to mainstream adoption. The need to hold crypto and NFTs has been largely eliminated in favor of creating a “seamless entry point” for gamers of all shapes and sizes. The survey notes that “poor gameplay” has dropped from second to third place as a key challenge for Web3 gaming. According to the report, 33.2% of respondents still believe that Web3 games lack rich gameplay options.
Floki and Mastercard Launch Cryptocurrency Debit Card in Europe
Cryptocurrency project Floki is releasing a debit card within the Mastercard payment network. The Floki Card will be available in 31 European countries. Floki introduced a prepaid crypto card that enables users to pay for daily goods and services using digital assets anywhere Visa and Mastercard are accepted. Both virtual and physical versions of the Floki Card will be available. This new financial product will be accessible across most European countries. Users can top up their Floki Card directly from crypto wallets, supporting assets from eight blockchain networks, including BTC, ETH, BNB, TON, SOL, and NOT, as well as meme coins DOGS and FLOKI, the HMSTR token from the popular Hamster Kombat app, and stablecoins like USDC, USDT, EURT, and XAUT. The top-up fee is 2%, while transaction and asset conversion fees are waived. There’s a one-time card issuance fee, and the daily spending limit is set at 5,000 USDT. Floki cautioned that Mastercard or issuing banks may restrict services in certain countries, regions, or for specific merchants at their discretion. Additionally, some merchants and payment service providers (PSP) may choose not to accept prepaid virtual debit cards. The Floki project began as the FLOKI meme coin and since evolved into a broader cryptocurrency ecosystem. Its offerings include platforms for asset tokenization, staking, decentralized finance, NFT issuance and trading, among others. The ecosystem is also preparing to launch a Metaverse play-to-earn (P2E) project. In March 2024, investment giant Franklin Templeton highlighted in a note to investors that, despite lacking utility, meme coins could offer short-term investment advantages.
Hamster Kombat to launch DAO ecosystem
According to Hamster Kombat's official tweet: Hamster Kombat will launch a DAO, allowing HMSTR token holders to make decisions, vote and determine the future of the ecosystem.
Floki, Mastercard launch 13-crypto debit card in Europe
Floki and Mastercard have introduced a debit card that will be available in physical and virtual form in 31 European countries. The card supports eight blockchains and can be funded with FLOKI and other cryptocurrencies. A card to spend 13 cryptocurrencies The Floki Debit Card can be issued in 31 countries that correspond to the European Union and European Free Trade Association member states. Virtual gift cards are available worldwide. The cards are issued in conjunction with Mastercard and can be used wherever Visa and Mastercard are accepted. There are no transaction fees, but the top-up charge is 2%. There are also one-time setup fees. It has a 5,000 Tether ( USDT ) daily limit. The card can be funded with Floki Inu ( FLOKI ), Bitcoin ( BTC ), Ether ( ETH ), Tether coins (USDT, EURT, XAUT), Circle ( USDC ), BNB ( BNB ), Solana ( SOL ), DOGS (DOGS), Hamster Kombat (HMSTR), The Open Network ( TON ) and Notcoin ( NOT ). Floki announced its intention to issue a debit card in March as one of the first elements on its roadmap. The cryptocurrency is named after Elon Musk’s dog and has an active community of supporters who call themselves Vikings . It has a $2.63 billion market cap and total supply of 9.67 trillion coins. Floki’s flagship Valhalla gaming metaverse mainnet is expected to launch in the first quarter of 2025, after delays. Its ecosystem is based on the Ethereum and BNB Smart Chain networks. Related: Visa and Mastercard: A boon for wallet holders, a threat to crypto exchanges? Visa, Mastercard and the cryptoverse The Floki Debit Card joins a growing group of crypto-powered payment cards supported by the so-called Visa-Mastercard “duopoly.” Mastercard teamed up with exchange Crypto.com to issue a debit card in the Gulf Cooperation Council region earlier in December and rolled out credit cards with Bulgarian decentralized lending platform Nexo in Europe in August 2023. Source: Floki In April, Mastercard, Baanx and decentralized finance firm 1inch Network introduced a cryptocurrency debit card in Europe as well. Decentralized finance wallet MetaMask also issues a payment card in Europe with Baanx and Mastercard. Visa has recent deals with the Puerto Rico-based FV Bank fintech and the Avalanche Foundation to issue debit cards. Magazine: Edgelord version of 3AC’s big fat bet on memecoin supercycle: Asia Express
Filled orders
Delivery scenarios
Pre-market trading orders of HMSTRBG (total supply of 10.00B) have been proportionally mapped to HMSTR (total supply of 100.00B) at a 1:10 ratio, with the total order amount remaining unchanged.View now
