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tapping on a hamster with the hope of making money out of thin air that's how millions of people around the world are spending their time if you're one of them this video is definitely for you and if not maybe you want to know what on Earth is going on I'm talking about hamster combat a telegram clicker game that has become viral allegedly reaching 300 million users in less than 5 months that's bigger than the population of Indonesia Pakistan or Nigeria the game has by now the world's largest telegram Channel and these numbers are only growing what's behind this explosive growth why are people talking about crypto's next killer app and can you actually earn money from this or is it just a big scam to uncover the truth we've interviewed leaders in the gaming industry and an investigator specialized in crypto scams before we begin consider liking this video and subscribing to our Channel how it all started to understand the phenomenon of hamster combat we need to take a step back everything started with nocoin a mini game that launched last January on telegram by a group of developers called open Builders they game consisted in tapping on a golden coin icon to earn rewards initially the rewards were tokens with no real value however developers behind the game hinted that they might be converted into real value crypto at some point in the future since launch the game has experienced astonishing growth drawing about 35 million users in just 5 months in comparison axi Infiniti one of the most popular crypto games had just 2.7 million monthly active users at its peak in 2022 finally on May 16th the NCoin crypto currency was launched on the open network blockchain and listed on major exchanges including okx bybit and binance after the launch each player in the NCoin game received free cryptocurrency depending on their performance in the game this could have been worth up to several hundred but that's not all not surged significantly after its launch and even briefly entered the top 10 cryptos for trading volume andon became the fastest growing layer 1 blockchain of 2024 remarkably in June the network even surpassed ethereum for the number of active wallets after such a success it is not surprising that similar games have been popping up on telegram trying to replicate the most popular of them is hamster combat it almost becomes like a Gateway truck you know where hey you know what I click a couple buttons I actually get to make a couple dollars and then now I'm actually going to look into other projects look into other things that are going on in the space um and now suddenly you've created an ecosystem in hamster combat players take on the role of a cryptocurrency exchange CEO they earn coins by tapping on the hamster similar to to the mechanics not coin additionally players can use their earned currency to purchase special cards and boosters that enhance the profitability of their exchange and upgrade their character but that's not all players can even engage in staking which allows them to earn income even when they're not actively playing they can also earn extra rewards by inviting new users through the games referral program since its launch hamster combat has grown exponentially allegedly reaching 300 million users in July the game now has the world's largest telegram Channel with over 52 million subscribers it also recently surpassed 35 million followers on YouTube so what's behind all this excitement well everybody is waiting for the game's token that is expected to launch on the ton blockchain via airdrop on September 26th given the game's huge user base this is likely going to be the largest airdrop in crypto history now most of the tokenomics are still unknown but according to a recent announcement 60% of the aird drop will go directly to the community of players also there's allegedly no venture capital or early investment involved which means the token's value will be entirely driven by Community interest demand and Supply what are the reasons behind the game success so what's behind the astonishing growth of these clicker games the gameplay mechanics aren't new they're reminiscent of idle games from the early 20110 where you do simple actions to earn resources and unlock upgrades to progress faster what makes the difference is of course the speculative element players are playing these games with the hope of eventually earning free crypto moreover unlike crypto games we've seen before these tap to earn games don't require an initial investment another groundbreaking feature is the convenience I mean you can just start playing these games directly through the telegram messaging app mini apps on telegram they're really easy to use you just click one button the mini app opens and uh it works so uh you you you should not download anything you do not go to I don't know app store Google Play wherever you do not set up the wallet in like 20 steps writing down your seat phrase Etc Etc you have a wallet right on telegram which is also a mini app and precisely because of this simple onboarding process Advocates of these tap to earn games think that telegram could open up crypto games to the masses these games can now access telegram's vast audience of around 900 million users worldwide distribution vectors for playing these games have now expanded Apple Google Facebook steam they wouldn't let us publish these games and now with platforms like Telegram and ton you actually have the ability to boost that because they don't have those restrictions those clicker games are the demonstration of the first generations of games that will bring us Mass adoption into web 3 let's take for example NCoin they have 40 million overall users and about uh more more than 11 million users um withdrew their tokens basically with drawn their tokens so it means that more than 11 million people interacted with uh with web 3 product this is like really huge number hamster which is like uh almost six times bigger than not coin in terms of like overall number of users obviously they will onboard not less uh people to web 3 in general and uh particular to town it might launch a new trend around play to earn and the way like people can like simply invite their friend to discover to earn token for the first time and maybe get to discover about the potential of owning your own cryptocurrency and your own asset but it's not just telegram making hamster combat popular it also works the other way around as reported by Russian Independent Media the Bell telegram is using these games to drive traffic and boost the app's popularity the apparent goal is to promote telegram as a super app like WeChat which combines messaging payment methods and games longterm predictions and concerns but despite their increasing popularity there are still some concerns about whether these games can be sustainable in the long term and authorities around the world have issued warnings against hamster combat so let's see how grounded these concerns actually are first many of these telegram minii gamess haven't launched their tokens on exchanges yet and they might not ever do so hamster combat's previous delays in launching its airdrop have raised concern that the game might lose its Community Support another risk is that players might quickly sell their tokens after they launch especially if there aren't enough reasons to keep them finally the tokens value could end up being very low for example if hamster combat gave the equivalent of $5 to all 300 million players the total amount would be massive this is why some observers doubt whether all players will actually get rewarded in the end how exactly tokens will perform at the launch moment nobody knows when you have such a huge uh traffic you have so many ways to monetize it and to make it sustainable not only by directly selling traffic but I don't know launching future products you're going to go from having say you know 10 million people doing the game and getting their proportion of the airdrop to having 100 million people doing the game and getting their proportion of the air drop so everyone's proportion goes down but the reality is there's not really 100 million people there might be a few million people and there's tens of millions of bots and those are you know they go back to one owner and so everyone gets screwed in that case so is there a chance that the hamster game is actually just one big scam well it's kind of unlikely again there's no initial investment that you have to pay and that reduces a lot of the risk for direct fraud that being said experts have warned about the manipulative nature of these types of games they're designed to retain people's time and attention this is how hamster combat generates Revenue by selling traffic to advertisers as the saying goes if you're not paying for the product you are the product money is not necessarily the most valuable thing in our lives our time is and this is a huge amount of of effort that people have to go through for what they know yeah they're not explicitly saying like yeah you're going to make money on this y ya but let's I mean that's it's it's disingenuous to imply that that's not actually what people are going to believe while the game itself is unlikely to be fraudulent it's worth noting that in the crypto world every Innovative project tends to attack less trustworthy copycats experts also warn that scammers are already targeting the ton blockchain to exploit the excitement around these games there's going to be scams come up 100% chance there's going to be scams come up because people are going to start making fake games that look the same and then when you go to get your airdrop you'll connect your wallet and when you connect your wallet and sign a do a signature it'll it'll drain your wallet okay let's draw a few conclusions the rise of telegram tap to earn games like NCoin and hamster combat is definitely something to keep an eye on the Allure of these potential profits without an initial investment is appealing though it may not ensure the long-term success of these games much will depend on how these mini apps continue to provide value and incentives to players after their token launches therefore it's probably wise to approach these with cautious optimism that wraps up today's video if you found it helpful please consider liking and subscribing to the channel I'm Max and I'll see you next time [Music]
