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Asteroids, Atari, Atari video games, ATRI, blockchain, C, DAI, decentralized games, Decentraland, ETH, Ethereum, Frederic Chesnais, MANA, Metaverse, Missle Command, nft, NFT, NFT, non-fungible tokens , Pong, sandbox
In October 2020, entertainment software company Atari launched a digital currency and later revealed its plan to join the Ethereum virtual reality game Sandbox. On March 8, Atari announced that the company is now opening a casino in Decentraland, which is another virtual world on Ethereum. According to the announcement, the company’s game platform in Decentraland will also showcase classic video games and Atari-themed non-fungible tokens (NFT).
As early as 1972, to the early 1980s, the brand Atari was a well-known video game console and software company that created many trends. Since its popularity peaked, the brand has experienced several owner challenges, and Atari Interactive is now a subsidiary of French publisher Atari SA.
In the past few years, the company has been planning a comeback, and at the same time, it has discovered blockchain technology and cryptocurrency solutions. Atari launched its own digital asset in October 2020, and recently the company has cooperated with blockchain projects such as Sandbox.
On March 8, 2021, Atari revealed that it has partnered with Decentral Games, which is the team behind Ethereum’s Decentraland metaverse. According to the announcement, Atari plans to build an Atari-themed gaming casino in an area called “Vegas City” under construction in Decentraland.
The announcement also revealed that the competitive venue that Atari will use will be leased for two years. The partnership press release also stated that the two companies expect to have millions of bets in the gaming sector.
Frederic Chesnais, CEO of Atari, believes that the joint venture with Decentral Games will “transfer the Atari gaming experience to the blockchain.” A game that can replace token (NFT) assets.
This entertainment software company is famous for classic video games such as Missle Command, Centipede, Asteroids and Pong. Atari has been working on many projects and collaborated with Virtually Human Studio (VHS), the creator of the game Zed Run developed by Ethereum at the end of January.
In addition to being able to use the casinos of entertainment companies to win Atari-themed NFTs, other digital assets can also be won. Atari’s announcement revealed that players will be able to obtain local tokens bound to Decentral Games, Decentraland’s MANA tokens, atari tokens (ATRI) and stablecoin DAI.
At the time of publication, the transaction price of a single ATRI was $0.29 per token. On March 10, ATRI had 400,000,100 coins in circulation, with a market valuation of approximately US$118 million.
What do you think of Atari’s recent partnership announcement with Decentral Games and casinos coming to Decentraland? Let us know your thoughts on this topic in the comments section below.
Picture Credits: Shutterstock, Pixabay, Wiki Commons, Atari SA logo,
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