Atari, one of the biggest names in gaming, has recently launched their Atari Token to monetize the interactive entertainment industry. After the initial listing on Bitcoin.com exchange, Atari has announced that Changelly and HitBTC will be the next crypto exchanges to provide liquidity for an ERC-20 token that plans to facilitate payments on a global scale.
The Atari Group has been a visionary in the gaming space since the 1970s, shaping the way players interact with arcade games, home video game consoles, and home computers. With over 200 games and franchises, some of their popular go-to’s include Asteroids®, Centipede®, Missile Command®, RollerCoaster Tycoon®, and many others.
What is Atari Token?
With the brand and infrastructure in place, Atari is looking to scale the interactive entertainment industry to greater heights. Most recently, the Atari Group launched the Atari Token ( ATRI ). The Atari Token is a cryptocurrency that is developed through Ethereum. By constructing the digital asset through the Ethereum protocol, the Atari Token is considered an ERC-20 token. Despite the company having many plans in place, the primary use case for ATRI will be payments in video games, betting platforms, and gambling.
The Atari Token is essentially digital money that will be used to pay for many different goods and services. Since the token is still in its infancy, the Atari Group is still developing services that will leverage the digital asset. This is why users can only buy and sell the digital asset right now. Many users are looking forward to the launch of Atari Universe, which will be an online portal for gaming. Also, Atari Token is expected to be a key driver in the future launch of Atari Casino and Atari betting platforms. Another potential catalyst for the token will be Atari VCS, a new video game console. Aside from Atari classics, the console will compete with PS5 & Xbox Series X for high definition gaming. It is believed that gamers will be able to use the companies native token for game purchases and other related services.
ATRI will be a valuable asset on the user and development side. On the user side, gamers can use ATRI to perform various tasks such as purchasing avatars, purchasing accessories, participating in tournaments, and more. On the development side, Atari partners will be able to use the token for programming smart contracts, developing blockchain games, developing payment systems, and other tasks to scale the digital asset across the industry.
Where Can I Buy An Atari Token?
Back on October 29th, it was announced that Bitcoin.com exchange launched the ATRI public sale. During this time, each Atari Token was priced at $0.25. In a push to get as many gamers as possible involved with the Token, the Atari Group has been looking to deepen its liquidity and volume. The company most recently announced that Changelly and HitBTC were the next two crypto exchanges to offer support for ATRI. Changelly and HitBTC are reputable exchanges that will now give millions of users the ability to purchase Atari Tokens.
Exchange for $ATRI with ease and convenience, all without leaving the safety of your wallet.
— Atari Token (@ataritoken) November 13, 2020
Frédéric Chesnais, the CEO of Atari commented on the announcement stating that:
“While a key use of Atari Token will be as a payment tool within our ecosystem, our goal has never been to limit its use to our own proprietary platform. We have already identified several categories in the current market that can benefit from Atari Token and have recently entered into many partnership agreements to expand its adoption.”
Atari Token Wallet
Atari Token also offers its multichain crypto wallet in the Android store. Users that download the wallet will have a secure token wallet that operated in a decentralized manner. Atari has taken user security into account by equipping the wallet with encryption and cryptography. In addition to a referral rewards system to earn Atari Tokens, the wallet offers other features such as:
- Ability to purchase Atari Tokens
- Ability to sell Atari Tokens
- Ability to exchange Atari Tokens
- Send and receive BTC
- Send and receive ETH
- Send and receive LTC
- Send and receive BCH
- A wallet with multicoin support
- Ability to deposit digital assets
- Ability to transfer digital assets
- Ability to facilitate bank transfers
There is no doubt that the Atari Group believes blockchain and cryptocurrency can revolutionize interactive entertainment in the future. Outside of traditional gaming, Atari has also been focusing on digital collectibles through its partnership with the WAX blockchain. Atari fans and other gaming enthusiasts have the opportunity to own a piece of history through digital collectibles that can never be altered. On the token side, the company is still working on the platforms that will use the cryptocurrency. Nevertheless, with Atari’s track record and brand, they have the potential to help crypto make a massive impact in the gaming, gambling, and betting domains. It will be exciting to see how they leverage their network to bring out the fullest potential in Atari Token.
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.