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Ban called for by Russia as Hamster Kombat is questioned for legitimacy, aiming for 1B users 🐹

Ban called for by Russia as Hamster Kombat is questioned for legitimacy, aiming for 1B users 🐹

TLDR

  • Hamster Kombat, a play-to-earn game on Telegram, has attracted over 250 million players worldwide.
  • Russian politician Anatoly Aksakov has criticized the game as a “scam” and called for its ban in Russia.
  • The game operates on the TON blockchain and plans to convert in-game coins to HMSTR tokens.
  • The founders of Hamster Kombat aim to reach 1 billion users and promote financial literacy.
  • Playing Hamster Kombat has led to increased sales of muscle massage guns for tapping screens.

Hamster Kombat is a play-to-earn game accessible on Telegram that has rapidly gained popularity since its launch in early 2024, attracting a large player base of over 250 million globally.

In this game, participants take on the role of a hamster CEO overseeing a virtual cryptocurrency exchange as they navigate through various in-game challenges.

The gameplay mechanics involve tapping actions that allow players to accumulate virtual coins by interacting with their digital hamster, completing daily missions, and engaging in special events. These earned coins can be utilized to upgrade the virtual exchange, enhancing the potential for earnings within the game.

Operating on The Open Network (TON) blockchain, Hamster Kombat is set to enable the conversion of in-game coins into HMSTR tokens, a new cryptocurrency slated for release in the third quarter of 2024. The integration of tangible value into the game has significantly contributed to its widespread appeal.

However, not everyone is pleased with the success of Hamster Kombat. Anatoly Aksakov, the Chairman of the Russian State Duma Committee on the Financial Market, has publicly criticized the game as a “scam” and has advocated for its prohibition in Russia, citing concerns about the psychological manipulation of players who harbor aspirations of effortless wealth accumulation.

“Such practices must be halted,” Aksakov voiced in an interview with local media, “In my perspective, this is unequivocally a scam that exploits and manipulates the psychology of individuals, particularly those who seek financial gains without the willingness to put in effort.”

Despite facing criticisms, Hamster Kombat’s popularity continues to surge. Unexpectedly, the game has triggered notable changes in consumer behavior, with Russian retailers documenting a notable threefold surge in sales of muscle massage guns from May to June. These devices are utilized by players to enhance their efficiency in tapping on mobile screens during gameplay.

The anonymous creators behind Hamster Kombat harbor ambitious aspirations for the initiative. Their disclosed objective is to amass 1 billion users globally, framing Hamster Kombat as an “edutainment project” designed for widespread adoption, emphasizing education about blockchain technology and Web3 concepts to users.

“We stand as an edutainment project crafted to drive universal adoption. Our mission is to reach a global audience of a billion individuals who will partake in this initiative whilst acquiring knowledge about blockchain and web3 landscapes,” the team emphasized. They also highlighted their commitment to enhancing financial literacy and advocating for universal basic income.

The founding team plans to sustain the longevity of the game and has scheduled a subsequent airdrop within the next two years. They also underscore their dedication to upholding the project’s integrity by eliminating bot accounts, aligning with the precedents set by similar gaming platforms like Notcoin.

Beyond Russia, Hamster Kombat has garnered substantial popularity in countries like Armenia and Iran. Nevertheless, its rapid expansion and potential implications have raised concerns. In Iran, the game is perceived as a tool for “soft warfare,” reflecting broader geopolitical implications.

As Hamster Kombat continues its growth trajectory, it encounters both opportunities and challenges. While the founders aspire to educate users about blockchain technology and finance, detractors express apprehensions about the potential for manipulation and addiction. The game’s impending success hinges on the adept management of these concerns in tandem with the pursuit of its ambitious goals for growth and education within the crypto realm.

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Ban called for by Russia as Hamster Kombat is questioned for legitimacy, aiming for 1B users 🐹