HashCats prepares for Token Generation Event after completing mining season

HashCats, a tap-to-win miner game, is wrapping up its first season and shifting its focus to the upcoming Token Generation Event.

With nearly five million players participating in the game’s first six months, HashCats, along with its partner Choise.ai, announced a $500,000 giveaway to reward players ahead of the next phase, according to a statement shared with Crypto.news.

T2E games, which allow users to earn cryptocurrency by playing, have gained traction but have faced challenges in sustaining long-term engagement. Games like Hamster Kombat and Catizen (CATI) created initial excitement but struggled to maintain user interest.

HashCats is trying to buck this trend by expanding its ecosystem and increasing player incentives.

Background of HashCats

Tap-to-win games allow users to generate cryptocurrency by playing simple games. In HashCats, players mine $HASH tokens by tapping their screens and upgrading their virtual mining rigs. These tokens can then be converted into cryptocurrency or used within the game’s ecosystem.

Unlike traditional games that charge for upgrades, T2E games aim to provide players with a potential revenue stream.

Season 1 of HashCats introduced basic mining mechanics, allowing players to use a single virtual ASIC miner designed to mine specific digital currencies based on hash algorithms.

According to the statement, Season 2 will expand on this concept, allowing players to manage a full mining farm and offering Secret Points that increase TGE rewards. Season 1 players who accumulate SP through contests and giveaways will gain an advantage in the new phase.

HashCats and Choice.ai Collaboration

The partnership with Choise.ai, a platform that combines traditional finance with blockchain, adds an extra layer of incentive.

The ongoing $500,000 giveaway includes events like the “Wheel of Fortune” contest where players can win CHO tokens. Choise.ai also plans to launch exclusive Visa and Mastercard options for HashCats players.