October 23, 2020

Altcoin NewsZ

Daily Cryptocurrency Update

Blast From The Past: Atari Crypto Token To Debut On Bitcoin Website

In February 2018 earlier than the crypto bear market really took maintain over Bitcoin and different property, firms that had little to do with blockchain started asserting tokens of their very own, many who by no means got here to fruition. Atari token, nevertheless, can be one of many uncommon few introduced again then that may ultimately energy on and press play.

However earlier than that occurs, we’re having a look again at Atari’s affect on the online game business, and if this token launch may carry innovation to it very like the unique expertise did many years in the past.

Atari Token To Launch In Two Weeks On Bitcoin.com After Two-Yr Hiatus

At peak crypto hype, dozens of firms determined to flip a coin and take a look at their luck at using the cryptocurrency bandwagon of late 2017 and early 2018.

As if extra proof {that a} bubble was certainly able to burst, firms like Long Island Iced Tea, Kodak, and Atari, all introduced a shift towards blockchain, and a enterprise rebranding which will or might not have included a crypto token launch.

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In February of that yr, Atari announced its Atari Token in hopes of revitalizing the ageing model now dominated by PlayStation, Nintendo, and Xbox. The token can be used for in-game content material, betting, and extra, and hopes to ultimately construct a tokenized online game ecosystem.

The token launch, some two and a half years later, will occur on Bitcoin.com on October 29, 2020. Atari can be launching the token at $0.25 every with a tough cap on the presale of $1 million.

How Video Video games And Crypto Cash Go Collectively Like Participant One & Two

The unique Atari paved the best way for the titans of the online game world right now, like Sony and Nintendo. Whereas Sony is able to launch its PS5,  Microsoft readies its subsequent Xbox console, and Nintendo continues to take pleasure in success with the Swap, Atari has made a significant reset.

Atari was the primary innovator to make the online game business what it’s right now. Might it maybe do the identical for combining the crypto business, with video video games?

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Video video games are a pure match for players, who’ve spent years coping with digital currencies and doing their all to gather coin after coin.

Fortnite is a great example of a recreation that has a thriving in-game financial system and downloadable content material that might be tokenized by way of smart-contracts. All that has been lacking, is a method to bridge the hole between the 2 vastly comparable all-digital worlds.

If Atari can do it, they could have solved the puzzle to making a online game ecosystem that’s tokenized and offers customers rights and possession, and start a brand new period of online game collections, constructed on prime of Atari chain.

Featured picture from Deposit Pictures, Charts from TradingView.com