Gaming pioneers, Atari Group, have their eyes set on the crypto market with 2020 releases of their own Atari Token, a decentralised entertainment platform, and a distinct crypto-casino brand with unique casino game offerings.
The recent buzz in the crypto world is that Atari Group is set to launch both their own branded crypto-casino, as well as a new cryptocurrency. This news has piqued much interest in the market, given the company’s steep history in gaming and entertainment.
Air Miles Over Some Heads
When the word ‘Atari’ is mentioned, it may draw a blank stare from the younger generation, but for those born in the ’70s or ’80s, it will most assuredly be associated with hours of entertainment and fun.
Atari was one of the first video console game machines ever introduced to the market. It was even around before the iconic Nintendo was thought of in most households. Games like Pong and Pac-Man will live long in the memories of all.
Many may be surprised to hear that this nostalgic brand is still in existence. The company is now based in France and is listed on the New York Stock Exchange as Atari SA, boasting a market capitalization over $40 million. Their vision has been refocused towards a new horizon in technology, with pioneering goals set for the crypto world.
Steps Towards a Crypto Crown
Atari is aiming to partner with the ICICB Group on a voyage of discovery on the blockchain. Its 2018 blockchain initiative in partnership with Infinity Networks Ltd failed to get off the ground, but the company is certain that the new pairing is a recipe for success.
The Atari partnership seeks to undertake the same project as before; releasing an iconic Atari Token, together with an entertainment platform that will include a crypto-casino brand. The decentralised entertainment platform will cater to all forms of gaming and film entertainment, where you can buy and enjoy films, music and video games with Atari blockchain currency.
Atari will be hosting an ICO cryptocurrency project for its coin sales starting April 2020, with private sales continuing until around September. At this point, public sales will be announced, and the crypto-casino will be launched alongside it. The company will retain a third of the proceeds to provide liquidity to underpin the digital currency, initially.
While Atari seems to be the bankroll behind the initiative, ICICB Group will be the brains of the outfit on the ground, having been tasked with the running of the casino. They are planning to host a full variety of casino games, with references to unique titles such as Asteroids, Missile Command, Centipede, and other prominent Atari games.
Sink or Succeed?
The crypto industry is the sphere of the future, so when two prominent brands are set on capitalising on this platform, it holds promising prospects. Unlike many standard cryptocurrencies, Atari Tokens will be underpinned by cash liquidity (Stablecoin) which means that it will be far less volatile than most Bitcoin markets.
Perhaps Atari is set to return and cause ripples in the world once again, introducing yet another strong gaming platform, this time to the blockchain market.
If their efforts in the past are anything to go by, this pioneering company are set to introduce a global trend that may impact the future of blockchain-based entertainment forever.
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