Viral crypto games ‘Hamster Kombat’ and ‘Catizen’ from the TON ecosystem have gained massive attention in the recent months. Take this for example- Hamster Kombat has 300 Million while Catizen has a community of 20 million players all across the globe. There is hardly a crypto enthusiast on this planet who hasn’t heard about these viral crypto games.
Despite boasting a vast community presence and significant buzz around their airdrops, both Hamster Kombat and Catizen disappointed their users. Millions of users have accused the two games’ developers of betraying the community and failing to fulfill the promises made.
Analysts have time and again raised their concerns about the game airdrops, claiming that these projects are just a fad, trying to benefit from the hype generated from tap-to-earn trends. Many have questioned the long-term viability and credibility of the tap-to-earn gaming concept.
If Hamster Kombat and Catizen—two of the most popular tap-to-earn games—can’t maintain user interest, it raises a fundamental question: Is the tap-to-earn market built on a bubble that’s about to burst?
If you don’t know about what a crypto bubble is, then here is a short explanation- ” a crypto bubble is seen when speculation, hype, and psychological factors cause cryptocurrency prices to skyrocket well above their actual rational values.
However, despite the disappointing performance of Hamster Kombat and Catizen, many players are still excited about the upcoming airdrop projects like BLUM, Tapswap, MemeFi, and X Empire.
Hamster Kombat & Catizen Flopped: Will Tap to Earn Bubble Burst?
Cracks are beginning to appear in the tap-to-earn facade. Hamster Kombat, once the most loved tap-to-earn game in the space, has seen its beloved fanbase plummet post-airdrop due to unfair allocation. Players who were once obsessively tapping their screening in the hope of lavish rewards and turning into a millionaire overnight, have now become a laughing stock.
Similarly, Catizen was another highly anticipated tap-to-earn game that failed to live up to the hype surrounding its launch. The initial hype died after the players realized that these mindless tapping games had no real, long term value. After Hamster Kombat Disappointment: All Eyes on Upcoming Airdrops
Upcoming Airdrops of Tap-to-Earn Crypto Game
Despite these concerns, players, and airdrop investors are still excited about upcoming airdrops like BLUM, X Empire, MemeFi, and TapSwap.
1. BLUM Airdrop
BLUM, a blend of DeFi and gaming gathered significant attention in recent times and has a community of approximately 30 Million users. Moreover, the Blum listing is expected at the end of October month.
2. MemeFi Airdrop
MemeFi is a telegram-based tap-to-earn game, where players have to engage with the meme character to earn rewards. It has a massive user base of 36 million and has over 5 million active users. MemeFi Airdrop listing was scheduled for October 9, 2024.
3. X Empire Airdrop
Previously Musk Empire, X Empire is another anticipated airdrop that concluded its mining phase on 30 September 2024. Its airdrop was scheduled for October 15.
X Empire is inspired by Elon Musk and the characters in the game look exactly like Musk. After the Hamster Kombat airdrop failure, the X Empire team assured their users that they were committed to a fair win-win relationship with users and that genuine players would receive fair rewards for their support and efforts.
4. TapSwap Airdrop
TapSwap Airdrop: Tap-to-earn players are also anticipated to TapSwap airdrop. Its listing is set to occur before October 30, 2024. TapSwap’s founder, Naz Ventura has promised the players that the genuine users who supported the project and purchased paid boosts will get the extra rewards.
However, the official announcement regarding the listing is still undisclosed. The analysts are projecting the market cap of TapSwap between $700 million to $800 million, with an 18 billion TAPS token supply and a price between $0.02 to 0.05.
The success or failure of these airdrops could very well determine the future trajectory of the tap-to-earn phenomenon.
Conclusion
The tap-to-earn space stands at a crossroads. To avoid the collapse of their empire, these games have to evolve and create genuinely engaging experiences that keep players coming back after the initial token distribution.
Some projects are already focusing on the evolution of Notcoin launching its new games and transforming itself into a gaming launchpad. Additionally, some other projects are expanding beyond Telegram and exploring into more traditional gaming spaces.
As the initial hype fades, the true test for this play-to-earn is whether they adapt, innovate and develop a sustainable value for both players and investors. Only time will tell that this latest crypto trend will sustain or become another cautionary tale in the crypto world.
