Atari®, the pioneer in arcade games, has launched digital collectibles ( NFTs ) on the WAX Blockchain. On November 4th, video game enthusiasts around the world will be able to buy, gift, and trade Atari® digital collectibles. What are digital collectibles, and how is Blockchain involved?
Atari® Digital Collectibles
According to a recent press release, Atari® announced that they have launched digital collectibles ( NFTs ) on the WAX Blockchain. NFTs are non-fungible tokens that represent something unique. NFTs have become popular this year, especially in the gaming, artwork, and collectible sectors. Atari became one of the biggest visionaries in video games, as players across the globe fell in love with games such as Asteroids®, Centipede®, Missile Command®, Pong®, and RollerCoaster Tycoon®. Aside from a few fan favorites, the company has put together a portfolio of over 200 games and franchises.
By leveraging the WAX Blockchain, people can now own history in the form of NFTs. The digital collectibles have been constructed around original box art, covering 40 years worth of classic video game memories. According to the announcement, the NFTs will feature added motions, game graphics, and 3D elements. Starting tomorrow, video game lovers will have a chance to buy, trade, and gift Atari® digital collectibles.
Fred Chesnais, the CEO of Atari®, stated that:
“We are excited to partner with WAX and bring Atari’s iconic brand and legendary games to the WAX blockchain. As a supporter of blockchain, I am also honored to join the WAX Advisory Council and be a part of a collective group of minds from technology, video gaming and entertainment industries to support and help accelerate the adoption of WAX tokens and blockchain technology in general.”
How Blockchain Is Involved
Blockchain offers an immutable ledger that records transactions in digital assets. Unlike traditional databases, the Blockchain is immutable, meaning transactions are stored forever and can not be changed. In a push to create more transparency and authenticity, companies around the globe continue to transition into blockchain infrastructure.
With this being said, the WAX blockchain is powering Atari® digital collectibles that are unique, certified authentic, and can never be changed. The blockchain also facilitates a marketplace where users can buy, sell, and trade collectibles with anyone in the world. WAX will also give people the opportunity to showcase their collectibles on social media.
In the world we live in today, people try to counterfeit a lot of different items. With the WAX blockchain, all collectibles are 100% verifiable, which eliminates the risk of traditional counterfeiting. On November 4th, users will have access to thousands of packs ( standard, mega, ultimate ) that include different amounts of digital collectibles based on the packs tier.
Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. The information has been obtained from sources we believe to be reliable; however no guarantee is made or implied with respect to its accuracy, timeliness, or completeness. Authors may own the crypto currency they discuss. The information and content are subject to change without notice. Visionary Financial and its affiliates do not provide investment, tax, legal or accounting advice.