THELOGICALINDIAN - Atari the aggregation abaft such cornball video amateur as PacMan and Pong is planning to barrage its own cryptocurrency Atari Token Shares in theParisbased aggregation accept soared added than 60 back itgave added detailsof its crypto advance on February 8th afterwards originally analogue some of the affairs in December
To accomplish it possible, the aggregation is demography a pale in Gibraltar-based Infinity Networks Ltd and has accountant its cast to the firm. Together they will be architecture a blockchain-based agenda ball belvedere and, as allotment of that agreement, will actualize an accompanying agenda currency. The name alternative is a notable one, accustomed that Atari had ahead created an Atari Token to serve as a bill for authoritative in-game purchases. Whether the newly-announced Atari Token will serve that purpose charcoal to be seen. The aggregation is additionally accretion its online casino-gaming affiliation with Pariplay Ltd to acquiesce bank with agenda currencies.
Atari CEO Fred Chesnais is quoted in the company’s release, saying:
“Blockchain technology is assertive to booty a actual important abode in our ambiance and to transform, if not revolutionize, the accepted bread-and-butter ecosystem, abnormally in the areas of the video bold industry and online transactions. Given our abstruse strengths with the development studios and the all-around acceptability of the Atari brand, we accept the befalling to position ourselves alluringly in this sector. Our cold is to booty cardinal positions with a bound banknote risk, in adjustment to optimize the assets and the Atari brand.”
Atari isn’t the alone banal that has benefited from links with cryptocurrencies. Last month, shares of Eastman Kodak Co. jumped 245% in two canicule afterwards it appear it’s alive with a aggregation that promotes paparazzi photos to offer a blockchain-based service for advantageous photographers. And, this December — in conceivably the best aberrant of such moves — the barren iced-tea aggregation aforetime accepted as Long Island Iced Tea Corp. acquired 183% in a day after re-branded as Long Blockchain Corp.
