The National Association of Entrepreneurs of Uzbekistan (NAPP) has issued a statement concerning the Hamster Kombat ($HMSTR) airdrop and the legal framework for token transactions. Citizens are allowed to buy or sell $HMSTR tokens only through authorized national cryptocurrency exchanges and exchangers. The NAPP emphasized the volatility of these assets and warned of possible devaluation due to the tokenās limited use case.
The agency also advised against relying on unofficial sources or individuals offering services related to Hamster Kombat tokens to avoid fraud. Additionally, it reminded the public of the legal repercussions for violating crypto asset regulations, with penalties including up to 15 days of administrative detention or fines between 20 to 30 BRV.
The Hamster Kombat token airdrop, held on September 26, distributed 75 billion tokens to 131 million users. In a Forbes article, Yuri Brisov, a partner at Digital & Analogue Partners, likened Hamster Kombat's Play-to-Earn model to a financial pyramid scheme, citing flaws in its tokenomics and its reliance on attracting new users. Furthermore, in June, a 24-year-old student in Uzbekistan was arrested and sentenced to 10 days in jail for selling $NOT tokens from the Web3 project Notcoin, with authorities also ordering the destruction of his smartphone and bank card used in the transactions.
