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Hamster Kombat Telegram Game Airdrop: What to Know and How to Maximize Your Rewards

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Hamster Kombat Telegram Game Airdrop What to Know and How to Maximize Your Rewards

Hamster Kombat is dominating the next generation of Telegram crypto games, with over 150 million players, according to the game’s developers, after Notcoin.

What draws gamers to the game, which combines easy tapping action with light strategic movements as you assume the role of a hamster CEO at a cryptocurrency exchange? An upcoming token airdrop, of course, will provide an incentive for all of this tapping and more.

At Decrypt’s GG, we’ve been following the Hamster Kombat buzz and have detailed information on the launch, including where, when, and how to maximize your token earnings.

Here’s what we know so far. Check back for updates as more details become available.

VOR News

What is the Hamster Kombat Token?

In late May, Hamster Kombat announced the introduction of a coin on The Open Network (TON), a layer-1 blockchain launched by Telegram years ago and later developed by the community.

Notcoin’s NOT token, launched on the same chain, has become the largest gaming token launch of the year, with a peak market cap of almost $2 billion. Toncoin (TON), amidst Notcoin buzz and increased interest over Hamster Kombat and other Telegram games, has risen to the top ten cryptocurrencies by market capitalization.

When is it coming?

According to the Hamster Kombat website, the token generation event (TGE) will take place in July. This is when eligible gamers can get token airdrops. The team had stated in a Twitter Spaces in early June that they aimed targeting July, which was confirmed to Decrypt by a TON spokesperson.

Crypto exchanges Gate.io, Bitget, and KuCoin have already revealed plans to facilitate pre-market trading for the Hamster Kombat token, known as HMSTR.

How many tokens will participants receive?

It’s unclear how many tokens players will be allowed to claim. Notcoin, which pioneered this type of Telegram game airdrop, provided players with one on-chain NOT token for every 1,000 in-game currencies mined.

Hamster Kombat appears to be taking a different route, though. Early in June, the company posted that airdrop allocations will not be determined only by how many coins you accumulated in the game before a certain date.

The official game account tweeted on June 6 that airdrops will be based on profit per hour and other activity criteria, not coin balance. They advised people to play responsibly. On June 18, the team posted “profit per hour over coin balance,” aiming to underline the notion after receiving numerous questions about it.

What exactly does this mean? While Hamster Kombat displays a large, round number of won coins, just stacking the most coins does not guarantee the finest bag. Instead, it looks that you would be better off reinvesting those coins in improvements to increase your profit-per-hour rate, which defines your amount of passive income.

Arslan Mughal is a freelance writer for VORNews, an online platform that covers news and events across various industries. With a knack for crafting engaging content, he specializes in breaking down complex topics into easily understandable pieces.

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TSMC exceeded profit projections due to strong demand for AI chips.

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TSMC
Photo: The Yomiuri Shimbun (AP)

(VOR News) – During the second quarter of the fiscal year 2024, Taiwan Semiconductor Manufacturing Company (TSMC) recorded sales of $20.82 billion, which was higher than the estimates provided by analysts.

This is a forty percent improvement over the same time period the previous year. Over the same period of time in the previous year, the Taiwanese chipmaker posted earnings of NT$247.85 billion, which is equivalent to $7.6 billion.

This is a 36% increase. According to FactSet, analysts had expected that the company would take in a net income of NT$236.4 billion, which is equivalent to $7.3 billion, during the second quarter of 2024. This figure exceeded that forecast.

This represents a thirty percent increase when compared to the previous year, when the company declared a profit of eight hundred and eighteen billion NTD. This year, the share price of TSMC has climbed by almost 70 percent.

Apple relies on TSMC as a semiconductor manufacturer, and the company has an exclusive partnership with NVIDIA, a company that manufactures chips for artificial intelligence research and development.

Every consumer wants their electronic devices to be equipped with artificial intelligence capabilities, as stated by C.C. Wei, chief executive officer of TSMC.

The artificial intelligence market is currently dominated by TSMC.

I made this statement while I was having a discussion with analysts. He continued by stating that he anticipated that production will reach capacity by the year 2025 or 2026, but that supply would continue to be difficult to come by beyond then.

“I also attempted to achieve a balance between supply and demand, but I am unable to do so at this time,” he explained to reporters. As a result of the extremely high demand, I had to put in a lot of effort in order to fulfill the requirements of my clients.

The Taiwan-listed shares of the chipmaker experienced a decline of 2.43% by the time trading on Thursday came to a conclusion.

As a result of the demand from its customers, which include Apple and Nvidia, TSMC predicted in April that its revenues for the second quarter may increase by as much as thirty percent, which was a figure that exceeded the expectations.

In order to surpass the initial expectations, it increased its sales projections for the second quarter from $19.1 billion to between $19.6 billion and $20.4 billion between those two numbers.

In addition, TSMC made the announcement that it would continue to adhere to its plans to invest up to 32 billion dollars this year, the majority of which will be allocated to the development of innovative technology.

TSMC announced in June that their net revenue for the month of May increased to seven billion dollars, representing a thirty percent increase between the previous year and the current year.

The income of the company for the months of January through May climbed by 27% compared to the same period in the previous year.

This was despite a 2.7% decline from April for TSMC.

C.C. Wei, chairman and chief executive officer of TSMC, repeated past forecasts that the semiconductor industry, excluding the memory sector, will climb by 10% this year, with artificial intelligence being the primary driver of this growth.

Chip markets around the world, including those of TSMC, experienced a decline in the early hours of Wednesday as a result of comments made by former President Donald Trump that were critical of Taiwan and rumors that the administration of Vice President Joe Biden was purportedly considering imposing more stringent trade restrictions.

By the time the market closed, the shares of TSMC that are listed in Taiwan had experienced a decrease of 2.4%.

It has been claimed that the administration of Vice President Joe Biden is mulling over the idea of imposing an export embargo known as the foreign direct product rule on allies such as Japan and the Netherlands in the event that these countries continue to provide China advanced chipmaking technology.

SOURCE: QZ

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Nokia’s shares fell 8% after reporting its lowest quarterly net sales since 2015.

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Nokia
(Photo by Xavi Torrent/Getty Images)

(VOR News) – On Thursday, shares of Nokia, a Finnish telecom business, dropped after the company disclosed a decline in its operational profit for the second quarter that was around 32 percent lower than the previous quarter.

We were able to attribute this reduction to the fact that there was a dearth of demand for the 5G equipment that Nokia was producing.

By the time the market opened at nine o’clock London time, the stock of the business that is listed in Helsinki had already experienced a decline of eight percent.

Today, Nokia reported a comparable operating profit of $462 million.

This value was reported by the company. When compared Nokia to the 619 million euros that were recorded for the same period of time in the previous year, this implies a loss of roughly a third more than what was stated.

Data provided by LSEG indicates that the firm reported a decline in its net sales of 18%, bringing the total to 4.47 billion euros.

This Nokia represents the lowest level of net sales attained since the fourth quarter of 2015. This decline was attributed to “ongoing market weakness” by the corporation at the time of the decline.

“The most significant impact was the challenging comparison period from the previous year, which saw the peak of India’s rapid 5G deployment, with India accounting for three quarters of the decline,” Mr. Pekka Lundmark, CEO of Nokia, remarked in the announcement of the results. “The most significant impact was the challenging comparison period.”

Continuing along the same lines, he emphasized that the landscape in the mobile networks business continues to be “challenging as operators continue to be cautious.”

In spite of this, Nokia forecasts that the business situation will become “stabilizing” and that there will be a “significant acceleration in net sales growth in the second half” of the year. The order intake that was seen in the most recent quarter served as the basis for these forecasts.

According to the company’s CEO, “though the dynamic is showing signs of improvement, the recovery of net sales is occurring somewhat later than we had anticipated, which will have an effect on our business group’s net sales assumptions for the year 2024.”

Despite the fact that this has taken place, we are still well on our approach to fulfilling our full-year target, which is further supported by the early action that we have taken addressing cost.

The business continues to strive for a result that is either near to or slightly below the midpoint of its comparable operating profit prediction for the entire year, which ranges from 2.3 billion to 2.9 billion euros.

Nokia’s founders set this goal for the company.

AT&T, the largest telecommunications company in the United States, made the decision to select Ericsson as the provider for the construction of a telecom network that is completely based on a technology known as ORAN at the end of the previous year.

A severe blow was handed to Nokia by this decision, as the company had previously been awarded a significant contract in the North American market.

Both the Finnish company and its Swedish competitor, Ericsson, have initiated strong cost-cutting initiatives in the midst of an industry-wide fight against a slowing economy and infrastructure expenditure cuts from mobile carriers. Ericsson is a Swedish company that competes with the Finnish company.

The revelation that Nokia will be cutting off as many as 14,000 employees came in October, following the company’s realization that it had experienced a major decline in profitability during the third quarter.

By the year 2026, the company intends to achieve a reduction in its gross expenses of between 800 million and 1.2 billion euros within the time frame.

The business made the announcement on Thursday that it had made “significant progress” on its entire cost reduction program and that it had implemented actions with the goal of cutting expenses by a total of 400 million euros up to this time.

SOURCE: CNBC

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Netflix Earnings Preview: As the stock Approaches Records, Investor Anticipation is high.

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Netflix Earnings Preview: As the stock Approaches Records, Investor Anticipation is high.

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Netflix
(Jaque Silva/SOPA Images/LightRocket via Getty Images)

(VOR News) – Netflix (NFLX) is scheduled to release its fiscal second quarter earnings on Thursday following the market’s close, as the stock continues to approach record highs.

After the market has closed, the earnings report will be available. However, the streaming service will once again encounter a significant challenge in order to accomplish economic outcomes.

Benjamin Swinburne, an analyst at Morgan Stanley, issued the subsequent statement in a note that was disseminated prior to the announcement: “We remain optimistic about NFLX shares, as there is still substantial opportunity for growth.”

The company’s decision to expand into the sectors of sports programming and live events has been met with satisfaction by investors.

While this is occurring, its advertising tier is continuing to draw an increasing number of audience members. As a result, the entire stock has increased by approximately 35% since the beginning of the year.

Netflix’s circumstances inevitably lead to this outcome.

The share price of Netflix was approximately $656 at the conclusion of the business day on Thursday. At the time of closure on November 17, 2021, the price of the shares attained a new all-time high of $691.69.

Conversely, Wall Street has expressed apprehension regarding the stock’s recent surge in price.

“We are cautious as we approach the company’s Q2 2024 release,” said Citi analyst Jason Bazinet. “We maintain our Neutral rating and $660 target price.”

Wall Street anticipates the report to contain the following, as per the consensus forecasts published by Bloomberg:

Netflix’s revenue for the second quarter of 2023 was $8.19 billion, a decrease from the $9.53 billion reported in the previous quarter, as per the company’s revenue guidance.

In contrast to the $3.29 per share in the second quarter of 2023, Netflix’s profit per share (EPS) is anticipated to be $4.74, which exceeds the $4.68 prediction.

The number of new subscribers increased to 4.7 million, a decrease from the 5.9 million recorded in the second quarter of 2023. Netflix was awarded the streaming rights to two National Football League games that were scheduled to be broadcast on Christmas Day as part of a three-season agreement in May.

The contests were scheduled to be broadcast on Christmas Day. The organization also informed advertisers that its advertising tier had reached a total of forty million monthly active consumers worldwide during the May presentation. This is a substantial increase from the 15 million users that the company reported in November.

Additionally, Netflix has grown by 35 million users since last year.

In an effort to incentivize more users to transition to its advertised option, the streaming service has increased the prices of its ad-supported subscriptions, which is the reason for the increase in the prices of its ad-free subscriptions.

Furthermore, Netflix’s restriction on password-sharing has led to an increase in top-line growth and an expansion of the platform’s overall subscriber base, with an additional 9 million users joining in the first quarter. This is a substantial improvement.

Conversely, the ascension has not been an entirely seamless journey. Netflix announced in April that it would cease to furnish subscribers’ numbers starting next year. Investors expressed apprehension regarding the company’s subscriber base’s long-term expansion as a consequence of this announcement, which led to a substantial decrease in the company’s share price.

Furthermore, Swinburne emphasized that Netflix must consider “larger competitors” in light of the company’s own business’ evolution over the next few years. Consider the examples of Prime Video, which is owned by Amazon, and YouTube, which is owned by Alphabet.

These are merely two illustrations. It is likely that alternative sources of consumer time, such as social media, which is becoming increasingly dominated by short-form video, are less apparent. This is an area that will be further examined.

SOURCE: YN

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