This article is about what is HAMS crypto token. HAMS Crypto Token is a cryptocurrency that powers the Hamsters ecosystem, which includes the Hamsters Betting Platform, the Hamsters Marketplace, and the Hamsters Academy.
What is HAMS Crypto Token?
HAMS is a crypto token that runs on the Binance Smart Chain (BSC), a blockchain network that offers fast transactions, low fees and compatibility with the Ethereum network. HAMS was launched in October 2021 as part of the Hamsters platform, which aims to create a decentralized ecosystem for esports betting and gaming.
The Hamsters platform allows users to bet on various esports events, such as CS:GO, Dota 2. League of Legends, Valorant and more, using HAMS as the main currency. Users can also earn HAMS by participating in tournaments, contests, games and other activities on the platform. Additionally, users can stake their HAMS to earn passive income and governance rights over the platform.
The total supply of HAMS is fixed at 100 million tokens, of which 40% are allocated to the platform's liquidity pool, 20% to the team and advisors, 15% to marketing and partnerships, 10% to the community treasury, 10% to staking rewards and 5% to airdrops and giveaways. The token has a deflationary mechanism that burns 2% of every transaction, reducing the supply over time and increasing the value of each token.
What is Hamsters Betting Platform?
Hamsters Betting Platform is a decentralized platform that allows users to bet on various esports events and tournaments, such as League of Legends, Dota 2. Counter-Strike: Global Offensive, and more. Users can bet with HAMS or other supported cryptocurrencies, such as BNB, BUSD, ETH, and USDT. Users can also create their own bets and invite others to join them.
Hamsters Betting Platform uses a smart contract system that ensures fair and transparent outcomes. The platform also has a referral program that rewards users for inviting their friends to join the platform. Users can also earn HAMS by watching live streams of esports matches on the platform.
Hamsters Betting Platform aims to create a fun and engaging experience for esports fans and gamblers alike. The platform also supports social features, such as chat rooms, leaderboards, and tournaments. Users can also access analytics and statistics to help them make informed decisions.
Bottom Line
In this article, we have discussed what is HAMS crypto token. HAMS Crypto Token and Hamsters Betting Platform are two exciting projects that are revolutionizing the online gaming and esports industry.
