What is Atari?
Atari Token (ATRI) is a decentralized cryptocurrency based on the Ethereum blockchain. It was created by Atari Chain Ltd., a subsidiary of the popular video game and consumer electronics company Atari Interactive. The ATRI token was specifically designed to cater to the needs of the interactive entertainment industry.
Atari's goal for ATRI is to become a universal means of payment for the video game industry. It offers developers and publishers new options for monetizing their products, integrating smart contracts, protecting in-game assets, and more. The token became available to the public on October 30, 2020, following three private pre-sale rounds in March-April, September, and October 2020.
The founders of Atari Token are Atari Chain Limited, a subsidiary firm of Atari created for this purpose. Atari itself is one of the earliest and most successful video game and arcade game companies, co-founded in California in 1972 by Nolan Bushnell and Ted Dabney. Pong, the first commercially successful video game, was released by Atari in November 1972.
Atari 2600, released in 1977, was one of the first platforms to pioneer the use of ROM cartridges. Atari became a wholly-owned subsidiary of Infogrames Entertainment (IESA) in 2008, currently known as Atari SA, a French holding company specialized in video games and based in Paris.
What sets Atari Token apart is its main target market, the interactive entertainment industry. Atari aims to create a decentralized, secure, and permissionless means of transferring value between individual players and/or video game platforms. Atari Chain Ltd. is developing its network of smart platforms, video games, and online casinos to support deep integration with ATRI and benefit from blockchain-based decentralized cryptocurrencies.
ATRI is a fully decentralized token based on Ethereum's ERC-20 compatibility standard. This makes it easy to integrate with Ethereum's existing infrastructure, such as online exchanges and wallets, allowing for new use cases in the video game industry.
One potential example of ATRI's use case is skill-based video games that allow players to stake ATRI tokens against each other. The winner would take home the combined stake and be able to convert it into another cryptocurrency or a traditional currency like the US dollar on any ERC-20 compatible exchange where ATRI is listed.
In conclusion, Atari Token is a unique cryptocurrency developed by Atari Chain Ltd. for the interactive entertainment industry. It offers new opportunities for monetization, integration of smart contracts, protection of in-game assets, and more. The ATRI token is fully decentralized and based on Ethereum's ERC-20 compatibility standard, making it easy to integrate with existing infrastructure. With Atari's vision and ongoing developments, ATRI is poised to revolutionize the video game industry.
The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.
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