Cryptocurrency News

Atari is planning to launch Its Own Cryptocurrency, Atari Token

Atari stays a standout amongst the most puzzling brands in gaming, a shell of its previous self, rearranged around between purchasers for quite a long time, yet as yet endeavoring to remain pertinent by any methods vital.

Their most recent arrangement? Get on board with the digital currency. Indeed, you heard that effectively, Atari is propelling its own particular digital money called the “Atari Token,” and keeping in mind that I need to give them props for the name, everything else about this appears to be fairly out there. Here’s Atari CEO Fred Chesnais talking about the thought in an official statement:

“Blockchain innovation is ready to assume a vital position in our condition and to change, if not upset, the current monetary biological system, particularly in the regions of the computer game industry and online exchanges. Given our innovative qualities with the advancement studios and the worldwide notoriety of the Atari mark, we have the chance to position ourselves alluringly in this division. Our goal is to take key positions with a restricted money chance, keeping in mind the end goal to advance the benefits and the Atari mark.”

I think the catchphrases there are “the Atari mark,” as like a comparative push into cryptographic money from Kodak a couple of months back, this appears like an approach to append a notable name to a prevalent pattern keeping in mind the end goal to create premium and maybe support the fortunes of a blurring organization. In any case, the crypto showcase is still so everywhere, it could really work. Like any organization that begins talking crypto, Atari stock has hopped 60% since the news broke.

We don’t have a clue about every one of the subtle elements of this arrangement yet, however it appears to be all around likely that Atari as an organization will have little to do with every day of managing the cash, yet rather will, for the most part, be loaning its name to the thought while another person runs it. There’s additionally a bizarre addendum about a period of this undertaking which will connect Atari Token and a moment money, Pong Token, to gambling club gaming destinations. Atari could escape money related turmoil a couple of years back by making gambling club diversions, so maybe this connection into that:

“The second venture in advance is the reinforcing of the organization with Pariplay, Ltd in the dispatch in 2018 of gambling club stages enabling players to wager either in genuine cash or with most cryptographic forms of money at present exceptional. These gambling club destinations will offer numerous Atari diversions. To expand the interest of these new clubhouses, and once the Atari Token accessible, Atari has the task to dispatch Pong Token, a moment Token committed to crypto-gambling clubs and usable on these gaming locales. The points of interest of this dispatch of crypto-clubhouse will be declared soon.”

I really have no clue what to make of Atari nowadays. This is an organization that has additionally guaranteed to discharge a cutting edge comfort in the madly focused current scene, an “Ataribox” which will join old Atari diversions with new-time gaming capacities. In any case, that undertaking to remains a secret. Atari once had a spring 2018 ship date for the Ataribox, however, that has been deferred, and we’ve heard valuable minimal about the thought since it reemerged with an Indiegogo battle. I was dependably massively incredulous about the thought, yet the overall population appeared to be intrigued, in any event, maybe not completely understanding the abnormal kind of organization Atari has moved toward becoming in a previous couple of decades.

It will take a great deal to persuade me that Atari making an “Atari Token” cryptographic money is a thought that will go anyplace, much the same as it will take the same amount of to persuade me Atari can discharge an aggressive reassure in 2018. I have an inclination that I might hold up a long time on the two fronts. In any case, if this does wind up happening, uh, purchase low, I presume? What’s more, don’t cling to it for a really long time before Atari turns to make its own internet searcher next or something.

Share
Published by

Recent Posts

Coinbase to List Pyth Network (PYTH) on Solana: Trading Begins February 20, 2025

Coinbase has announced its plans to add support for Pyth Network (PYTH) on the Solana…

3 days ago

Canary Capital Launches Canary AXL Trust, Expanding Institutional Access to Blockchain Connectivity

Canary Capital, a leading digital asset-focused investment firm, has announced the launch of the Canary…

3 days ago

Argentina’s President Milei Faces Backlash Over $LIBRA Token Crash

In a recent and rapidly unfolding controversy, Argentine President Javier Milei has come under intense…

7 days ago

FTX to Begin Creditor Repayments in February 2025

After more than two years of legal proceedings following its dramatic collapse, cryptocurrency exchange FTX…

3 weeks ago

India Imposes Tax Penalties of Up to 70% on Undisclosed Crypto Gains

The Indian government has introduced stringent tax regulations targeting undisclosed cryptocurrency gains, imposing penalties of…

3 weeks ago

El Salvador: The Rise and Fall of Bitcoin as Legal Tender

El Salvador made history in September 2021 by becoming the first country in the world…

3 weeks ago

This website uses cookies.