Uzbekistan Authorities Give Green Light to Hamster Kombat Game
By Jimmy Aki
June 25, 2024, 14:36 EDT
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2 min read
Uzbekistan’s National Agency for Advanced Projects (NAPP) has clarified the legal status of Hamster Kombat. In a notice issued on June 25, the agency confirmed that the Telegram-based game does not fall under the category of play-to-earn (P2E) games. Therefore, citizens are free to play the game as it complies with national regulations and is considered legal.
Hamster Kombat Not Classified as a Crypto Asset Yet
The NAPP is responsible for regulating the cryptocurrency and e-commerce sectors in the country.
P2E games are digital games where players can earn real money or valuable rewards through their in-game activities. These games typically use blockchain technology to provide players with crypto-assets or tokens that have real-world value and can be traded or sold outside the game.
According to the agency,
the main difference lies in the utility and collateral of the in-game coins. While P2E games usually offer utilitarian crypto-assets that hold value, the coins in Hamster Kombat do not possess such characteristics.
As a result, the agency does not consider Hamster Kombat as a play-to-earn game since players cannot earn real-world financial benefits from their in-game achievements.
The NAPP also provided further clarification on the crypto status of the Coin game. It stated that
Uzbekistan’s crypto legislation
defines cryptocurrency assets as property rights, with a set of records in a distributed data register known as a blockchain.
The agency explained that the game points accumulated in Hamster Kombat are not recorded on a blockchain, making them basic game coins rather than crypto assets that can be traded for real money.
It is worth noting that the recent regulatory clarity is in response to the increasing popularity of the Hamster Kombat project. As of June 5, the
Telegram-based game had exceeded 150 million players
on Telegram and reached 200 million active users on June 24.
What Happens When Hamster Kombat Transitions to Blockchain?
The NAPP also recognized the potential for Hamster Kombat coins to move to the blockchain in the future.
The agency stated that if Hamster Kombat coins were listed on cryptocurrency platforms, they would be subject to the same regulatory scrutiny as other crypto-assets such as Bitcoin.
This would include ensuring that the coins comply with
anti-money laundering (AML) regulations
, know-your-customer (KYC) requirements, and other financial security measures mandated by Uzbek law.
The Hamster Kombat roadmap
outlines a token generation event (TGE) scheduled for July 2024.
Hamster Kombat roadmap
A Token Generation Event (TGE) typically marks a token’s public release, often with an airdrop to users. Once this occurs, the NAPP may reevaluate Hamster Kombat’s crypto status as airdrops precede a full token launch.
Hamster Kombat is set to launch its token on Telegram’s “The Open Network” (TON) blockchain, joining a lineup of popular games like Notcoin, TapSwap, and Yescoin. Since its launch, Telegram’s TON blockchain has experienced significant growth. In June,
TON surpassed Ethereum in daily active addresses
, demonstrating its impressive performance.
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