Understanding the Price Formation of Hamster Tokens
Hey there, CEOs! Welcome to a special episode of The Hamster Academy. I am your host for today, Hamster Girl, and I’m thrilled to be talking to you in this format. Tomorrow is the day—the day you’ve all been waiting for—the day of the Hamster Combat airdrop and listing. It will be so awesome and so, so cool!
Since one of the most frequent questions and comments we’ve seen is about the hamster token’s price, we decided to make this video to address them. So, today’s topic is: How is the price of a token actually formed?
The Role of Supply and Demand
Now, let me get something out of the way from the start. It is not something that we, as a project or a company, can have a say in. It is something you decide. Yeah, you heard that right—you, the community, the market, and all of the market participants. So, how is the initial price of a token determined? Or, in your own words, how much will hamster tokens cost?
First, there is the Golden Rule of any token’s price: supply and demand. It’s the difference between the total supply of a token available during the listing and the level of interest or desire of the market participants to have this token. In other words, how many people want to buy the token and how many tokens they want to buy. So, the more people want to buy and hold the token, the higher the price.
The Utility of the Project
Next on the list of factors is the utility of the project. As a company, you definitely want your token holders to, well, hold that token. Traders, both institutional and retail, tend to hold a token if they believe in the project’s vision and the ability to execute it. Now, when it comes to Hamster Combat, we have already spoken about our overall vision and plans, but let me refresh your memory.
Hamster Combat Season 2
Hamster Combat Season 1 might have been all fun and games (pun intended), but Season 2 is much more than that. Season 2 will merge all of the content, meta games, and game developers together. We’re working on becoming a Web 3 gaming publishing platform to provide useful tools and solutions for both players and game developers. We have already onboarded several partners, given them access to a tremendous audience, and it was a huge success. The games that you saw and played on the playground received top rankings and became some of the most downloaded apps around the world.
Building a Real Business
We are building a real business and not just another crypto project. We don’t have investors. What we have is a tangible strategy, signed partners, decades of experience, and a drive to create the hamster ecosystem that will onboard the next billion users into Web 3. Now, how’s that for utility?
Well, that’s it. Hope that was helpful. Oh, and um, happy Hamster Combat listing day! Thanks for watching, subscribe, and remember: hamsters are power, one for all and all for one!