{"id":97421,"date":"2020-10-16T22:36:24","date_gmt":"2020-10-16T22:36:24","guid":{"rendered":"https:\/\/gamerant.com\/atari-cryptocurrency\/"},"modified":"2020-10-16T22:36:24","modified_gmt":"2020-10-16T22:36:24","slug":"atari-launching-its-own-cryptocurrency-game-rant","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2020\/10\/16\/atari-launching-its-own-cryptocurrency-game-rant\/","title":{"rendered":"Atari Launching Its Own Cryptocurrency | Game Rant"},"content":{"rendered":"

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Atari is getting back into the gaming console business with the release of its new console Atari VCS 800<\/strong>, which is launching this fall. After several delays, some of which were due to the COVID-19 pandemic, the console is now set to release on November 27. Atari<\/a> also announced that the console will be arriving\u00a0with its own cryptocurrency as well.<\/p>\n

The currency is called Atari Tokens and will\u00a0be used to buy games for\u00a0the Atari VCS\u00a0console<\/a> once it is released. Atari stated that the goal of the Atari Token is to create a token for the gaming industry that is applicable to other platforms. The company is planning to integrate the currency with its games and other services, such as Atari Casino.<\/p>\n

RELATED: Atari Hotel Releases Concept Images For Las Vegas Location<\/a><\/strong><\/span><\/p>\n

The Atari Tokens will be sold for 25 cents to retail investors\u00a0on Bitcoin.com at the tail end of October 29. Atari is planning to sell approximately $1\u00a0million worth of Atari tokens at the start, which will be used to buy\u00a0games and in-game purchases.\u00a0Atari\u00a0plans\u00a0to extend the tokens’\u00a0use well after\u00a0the Atari VCS’s release<\/a> and have it\u00a0used in\u00a0the rest of the gaming industry.<\/p>\n

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The company intends to bridge\u00a0the crypto market with\u00a0the video gaming industry, making it more accessible to as many platforms and gamers as possible. Atari is working in collaboration with various partners including\u00a0Bitcoin.com Exchange, LiteCoin Foundation, Chain Games, and more. The company is using its own website in conjunction\u00a0with Atari Wallet and more to create an Atari blockchain environment<\/a> centered around the company’s brand. The goal is to slowly but surely introduce this system to gamers and gradually immerse users with the Atari tokens.<\/p>\n

The company doesn’t plan to leave customers and gamers in the dark, and is teaming up with Bitcoin Exchange to plan an awareness campaign promoting the new cryptocurrency and how to use it. The campaign will be conducted through interviews, guides, media casting, and other relevant forms of marketing to reach audiences.<\/p>\n

The CEO of Atari Chain,\u00a0Fr\u00e9d\u00e9ric Chesnais, would go on to compliment the partnership between both groups working on furthering\u00a0“mass adoption of the Atari Token,” stating that the goal of this venture is to provide the ultimate experience for both the interactive\u00a0entertainment industry and video gaming industry<\/a>.<\/p>\n

Danish Chaudry, the Head of Bitcoin Exchange, added that both groups plan to propel this initiative through the launch of the latest IEO platform. Through the platform, the\u00a0companies will be able to push the\u00a0marketing campaign to both industries to inform traders and the respective communities about the Atari Token. Atari has big plans for\u00a0the Atari Token beyond the Atari VCS\u00a0800<\/a>\u00a0and is playing the long game.<\/p>\n

The Atari VCS 800<\/strong> is available to pre-order now.<\/p>\n

MORE: NYC First Responder is First Consumer To Try Xbox Series X<\/a><\/span><\/p>\n

Source: Bloomberg<\/a><\/p>\n\n

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