![]() ![]() Atari is particularly keen to target NFTs, and have already partnered with Enjin and have launched NFTs on digital fashion house The Fabricant. The Blockchain Division will also work towards expanding on strategic partnerships expanding the brand into other crypto ventures and metaverses as well as working with other blockchain developer companies.Ītari is working towards having the tokens useable with 3 rd party games and applications such as using the Atari tokens to be able to purchase Atari themed NFTs sold on NFT marketplaces. ![]() ![]() Given the launch of the Atari token, the primary goal of the blockchain division will be the continued development, integration and adoption of the token through further use cases and integration into the Atari ecosystem as a means of payment for digital goods within Atari games on the blockchain and as a peer-to-peer payment method. In doing this, the gaming giant intends to develop all-new, next-generation blockchain gaming experiences.Ītari Announcement of Atari Blockchain Division Image via Globenewswire While the names for these divisions may be a little unimaginative, with one division being simply called “Atari Gaming,” while the blockchain division is aptly named the “Atari Blockchain Division.”Ītari gaming will be in charge of operating games in the physical world, the Atari VCS console and licensing, while the Atari Blockchain Division will operate the Atari token and explore new opportunities in blockchain, NFTs and online worlds. In April, Atari announced that they would be creating two divisions within the company, one to focus on gaming, while the other one would focus on blockchain. The Atari token is currently available on Uniswap, PancakeSwap, BitBay, Hotbit and of course, the Atari Dex itself. This exposes the Atari token to potentially benefit from the rise in adoption from any one of the three trends.Ītari token’s market cap is relatively low sitting at $65 million at the time this article was written with its circulating supply of roughly 890k coins and has a maximum amount of 7.7billion coins available, it looks like there may still be a lot of upside potential for ATRI. The Atari token is in quite a position of strength to see an increase in value as three of the fastest growing trends in crypto are blockchain gaming, NFTs and metaverses, and Atari has staked a position in all three and have made their presence known in a big way. While the Atari token is a utility token that powers the Atari ecosystem, it also has the ability to be an in-game currency token as well.Ītari Token Recent Price as Markets Recover from May Correction Image via CoinMarketCap The Atari token can be easily integrated into games and blockchain-based applications, and Atari has stated that they are working on innovative games where players will be able to stake their Atari tokens in high stakes matches against other players where the winner takes all. The goal for Atari is to have the token used as widely as possible across the interactive entertainment industry, providing benefits to developers and publishers as well as players and investors. The Atari token is a decentralized cryptocurrency that plays an important role in the evolution of Atari’s ecosystem, fuelling not only their blockchain presence but also planning to be integrated with the token’s having functionality within their hardware gaming and licensing businesses. The news of the Atari tokens migration to the Fantom Network was incredibly bullish news for the token, resulting in an increase of 72% within hours of the announcement.Ītari Token’s Price Rallied 72% Following The Fantom Network Migration Announcement Image via Markets Insider Atari Token While ATRI still exists as an Ethereum based token, about 20% of the circulating supply have migrated to the Fantom Network where users can enjoy the benefits of the cheaper, faster and more scalable network while Ethereum is still in the process of undergoing its transformation to Ethereum 2.0. The Atari Token was intended to be a means of payment within the interactive entertainment agency and was launched as an Ethereum based ERC-20 token. It wouldn’t be until 2020 when Atari would make their leap into the world of blockchain technology with the release of its own cryptocurrency called Atari Token (ATRI). While Atari is already well known for being one of the first and biggest video game creators and manufacturers in the world, first founded in 1972, they have remained a juggernaut in the video game industry for the next 48 years. ![]()
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