
Hamster
Crypto Overview
Hamster Protocol is a cryptocurrency that operates on the Solana blockchain. It was created as a decentralized platform aiming to provide meme-based entertainment value combined with basic token utility.
The project's primary stated purpose is to serve as a meme token with community governance features. Token holders can participate in decision-making regarding the project's direction and potential future developments.
Current utility includes:
- Community governance participation
- Trading on decentralized exchanges
- NFT access (planned)
The token distribution shows approximately 40% allocated for public sale, 20% for development, 20% for marketing, and 20% for team and advisors. The team tokens are subject to a vesting schedule over 24 months.
Development activity appears to be minimal, with most focus currently on community building and marketing efforts. The project maintains active social media presence but has limited technical development visible on public repositories.
The token does not involve any lending, staking rewards, or interest-bearing mechanisms. It operates purely as a transferable digital asset on the Solana blockchain.
Real-world adoption remains limited, with most activity concentrated on decentralized exchanges. The project has not yet launched any significant utility features beyond basic token transfers and governance rights.
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