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Regulators in Uzbekistan said the popular Hamster Kombat Clicker game is not banned in the country, but withdrawing in-game coins could have legal consequences.
This Telegram-based game has amassed more than 200 million players globally in a matter of weeks popularity It rises across Russia, Ukraine, Uzbekistan and the rest of Eastern Europe.
The Uzbek National Agency for Future Projects (NAPP), which regulates the crypto industry, male Hamster Kombat was not a game played for profit. The coins that players earn in-game lack collateral and utility, unlike cryptocurrencies.
Furthermore, in-game coins are not based on blockchain technology, making them non-crypto assets. However, according to the regulator, if Hamster Kombat decides to adopt blockchain technology, these coins will qualify as crypto assets.
NAPP noted that it could only regulate the game if it switched to blockchain.
“As long as the accounting modules in Hamster Kombat do not contain a blockchain, regulating their circulation is not within the agency’s jurisdiction,” the statement read.
The middle of this month in Uzbekistan to caution Hamster Kombat players who withdraw in-game coins to exchange cryptocurrencies or exchange them for fiat currencies face a 15-day jail sentence.
The popularity of Hamster Kombat is rising
Hamster Kombat recently reached 200 million users globally, a number that has doubled in just two weeks.
Gram to 200 million hamsters! 😱🐹 pic.twitter.com/7USoL6Lddd
– Hamster Kombat (@hamster_kombat) June 24, 2024
Its massive growth comes amid an upcoming airdrop that will take place in July, during which players will receive tokens based on the points accumulated in the game.
Hamster Kombat is the hottest new game on Telegram and is hot on the heels of Notcoin, another Telegram-based gaming app that achieved massive success after its launch. The game was released on May 16, with the market cap of NOT Token now standing at $1.6 billion.
The hype around the viral game may have a knock-on effect on GameFi’s cryptocurrencies, as well as higher pre-sales e.g PLAY, Ituktuk (Tok), Big Dice (DICE) And V2 sponge (sponge), They all offer engaging games For investors.
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