Atari is transferring onto the blockchain.
The online game developer has launched its personal cryptocurrency known as Atari Token, described on its devoted crypto web site as a “token that can energy the way forward for the interactive leisure business.”
Atari on the Blockchain
It’s the newest in a collection of massive strikes from the corporate, which additionally launches a revamped model of its legendary VCS console on the finish of this month.
Atari’s cryptocurrency is an ERC-20 token, that means that it runs on Ethereum. The gaming firm has confirmed its plans to make use of Atari Token in video games and companies and a brand new on line casino and betting platform.
Cryptocurrencies might probably rework the gaming and playing industries, enabling micropayments and different use instances that aren’t sensible with conventional centralized currencies.
The token launched with three presales, elevating over $1.5 million between them. A public sale then went dwell through Bitcoin.com on Oct. 29, with tokens priced at $0.25.
Video Recreation Pioneer Boosts Crypto
Atari is likely one of the world’s most celebrated recreation builders, widely known as the primary pioneer for online game tradition.
Its improvement of arcade video games and early consoles by way of the 1970s and 1980s laid the foundations for a wave of Japanese firms like Nintendo to enter the business, altering the video gaming panorama without end.
Whereas it’s early days for Atari Token, the transfer might show to be one other visionary step that results in different video games embracing the ability of blockchain know-how over time to come back.