What really determines the price of a token? Hamster Girl explains ⚡️ Hamster Academy

Hamster Kombat

25 Sept 202403:33

Summary

TLDRIn this special episode of The Hamster Academy, the host 'hamster girl' discusses the upcoming Hamster Combat token airdrop and listing. She emphasizes that the token's initial price is dictated by market forces, particularly supply and demand. The script highlights the project's utility, vision, and execution as key factors influencing token value. With a focus on becoming a web3 gaming publishing platform and onboarding partners, the project aims to create a tangible ecosystem for the next billion web3 users.

Takeaways

🎙️ The host is 'hamster girl', and she's excited about the upcoming 'hamster combat airdrop and listing'.
🌐 The price of a token is determined by the community and market participants, not by the project or company.
📈 The initial token price is influenced by supply and demand dynamics.
🤝 The utility of the project plays a significant role in how tokens are valued, as it affects the willingness of investors to hold the token.
🚀 Hamster Combat is transitioning from a fun game to a serious web3 gaming publishing platform.
🤝 They have onboarded several partners, which has been a success and helped games achieve high rankings and downloads.
🌟 The project aims to build a real business and not just another crypto project.
💼 They have a tangible strategy, signed partners, and decades of experience.
🌐 The goal is to create a hamster ecosystem and onboard the next billion users into web3.
🎉 The host wishes the audience a happy 'hamster combat listing day'.

Q & A

What is the special event mentioned in the script?
-The special event mentioned is the 'hamster combat airdrop and listing' which is eagerly awaited by the community.
What is the key factor in determining the initial price of a token according to the script?
-The key factor in determining the initial price of a token is 'supply and demand', which is the difference between the total supply of a token available during the listing and the level of interest or desire of the market participants.
How does the community influence the token price?
-The community influences the token price by expressing their interest or desire to have the token, which affects the demand and, consequently, the price.
What is the role of a project's utility in token valuation?
-A project's utility plays a significant role in token valuation as it influences whether token holders and traders hold the token, based on their belief in the project's vision and execution capability.
What is the vision for Hamster Combat in the script?
-The vision for Hamster Combat is to become a web 3 gaming publishing platform that provides useful tools and solutions for both players and game developers.
What has been achieved in Hamster Combat Season 1?
-In Hamster Combat Season 1, the project was focused on fun and games, but it was successful in engaging the community.
What are the plans for Hamster Combat Season 2?
-Season 2 plans to merge content, meta games, and game developers, aiming to provide a comprehensive platform for the gaming community.
How has Hamster Combat onboarded partners?
-Hamster Combat has onboarded several partners by giving them access to a large audience, which resulted in the games becoming top-ranked and widely downloaded.
What differentiates Hamster Combat from other crypto projects?
-Hamster Combat differentiates itself by building a real business with a tangible strategy, signed partners, decades of experience, and a drive to create an ecosystem that aims to onboard the next billion users into web 3.
What is the significance of the phrase 'hamsters are power' mentioned in the script?
-The phrase 'hamsters are power' signifies the collective strength and unity of the community, emphasizing the idea that 'one for all and all for one'.
What is the main message the host wants to convey about the token price?
-The main message is that the token price is not determined by the project or company but by the community and market participants through supply and demand dynamics.

Outlines

00:00

🐹 Introduction to Hamster Combat Airdrop

The script begins with an enthusiastic introduction by 'hamster girl', the host, to a special episode of The Hamster Academy. She announces that the community has been eagerly awaiting the hamster combat airdrop and listing. The host clarifies that the project or company cannot determine the token price; it is instead dictated by the community and market forces, primarily supply and demand. The script emphasizes the importance of the community's interest in the token, which will influence its initial price.

Mindmap

Keywords

💡Hamster Combat Airdrop

An 'airdrop' in the context of cryptocurrencies refers to the distribution of tokens or coins to a project's community, often for free or in return for some action like joining a platform or participating in an event. In the script, 'Hamster Combat Airdrop' is an event where participants can receive 'hamster tokens', which is a significant moment for the community as it introduces new tokens into circulation.

💡Listing

A 'listing' in the financial context refers to the act of making a security or a token available for trading on an exchange. The script mentions 'the day of the hamster combat airdrop and listing', indicating the day when the hamster tokens will be tradable on a platform, which is a pivotal moment for the token's market introduction.

💡Supply and Demand

Supply and demand is an economic principle that describes how the price of a commodity is determined by the relationship between how much of it is available (supply) and how much consumers want to buy (demand). In the script, it is mentioned as the 'Golden Rule' for token price formation, emphasizing that the initial price of a token is determined by how many tokens are available at listing and how many people want to buy them.

💡Token

A 'token' in the context of blockchain and cryptocurrencies is a digital asset that can represent value, rights, or access to a service. The script discusses 'hamster tokens', which are the digital assets that will be distributed and traded, and their price is a central topic of the video.

💡Utility

In the context of cryptocurrencies, 'utility' refers to the real-world use or function of a token within an ecosystem. The script mentions that the utility of the project is a factor that influences token holders to hold the token, as they believe in the project's vision and its ability to execute that vision, which in turn affects the token's value.

💡Season 2

Season 2, as mentioned in the script, refers to the next phase or iteration of the Hamster Combat project. It is described as being more than just fun and games, indicating a more serious and evolved phase of the project that will include merging content, meta games, and game developers, aiming to become a web 3 gaming publishing platform.

💡Web 3

Web 3 refers to the next generation of the internet, often associated with decentralized applications, blockchain technology, and cryptocurrencies. The script mentions becoming a 'web 3 gaming publishing platform', which implies a shift towards a more decentralized and user-controlled internet space where the Hamster Combat project will operate.

💡Partners

Partners in a business context are other companies or entities that collaborate or form alliances for mutual benefit. The script mentions that Hamster Combat has 'unboarded several partners', which indicates that they have established relationships that will help grow their audience and enhance the utility of their platform.

💡Tangible Strategy

A 'tangible strategy' is a concrete and practical plan of action. The script uses this term to emphasize that the project has a clear and actionable roadmap, which is a reassurance to potential investors and token holders that the project is serious and has a direction.

💡Ecosystem

An 'ecosystem' in the context of business or technology refers to the interconnected network of components that support a particular system or project. The script talks about creating a 'hamster ecosystem', which suggests that the project aims to build a comprehensive environment that supports and enhances the use and value of the hamster tokens.

💡Web 3 Gaming Publishing Platform

A 'gaming publishing platform' in the context of web 3 would be a decentralized platform that facilitates the distribution and monetization of games. The script mentions that Hamster Combat is working towards becoming such a platform, indicating a move towards a more open, fair, and community-driven model for game development and distribution.

Highlights

Introduction to a special episode of The Hamster Academy discussing the upcoming hamster combat airdrop and listing.

The day after the recording is the highly anticipated hamster combat airdrop and listing day.

The price of a token is not determined by the company but by the community and market participants.

The initial price of a token is determined by supply and demand dynamics.

The level of interest or desire of market participants to own the token influences its price.

Token holders and traders are more likely to hold a token if they believe in the project's vision.

Hamster Combat's vision includes becoming a web 3 gaming publishing platform.

Season 2 of Hamster Combat will merge content, meta games, and game developers.

The project has already partnered with several entities, granting them access to a large audience.

Games featured on the platform have achieved high rankings and significant downloads.

The project is building a real business, not just another crypto project.

The project has a tangible strategy, signed partners, and decades of experience.

The goal is to create the hamster ecosystem and onboard the next billion users into web 3.

The utility of the project is highlighted by its partnerships and audience reach.

The video concludes with a reminder of the upcoming Hamster Combat listing day.

The host encourages viewers to subscribe for more updates.

The hamster motto 'one for all and all for one' is emphasized.