Atari Is Cashing in on the Cryptocurrency Trend With the Creation of Atari Tokens

In order to bolster digital currency gambling.

Gaming
4.7K 3 Comments

Just yesterday, we shared news of the upcoming PC game MonteCrypto: The Bitcoin Enigma, which will award one Bitcoin to the first player able to complete its series of mind-bending puzzles. And now, Atari announced that it will also jump on the cryptocurrency trend and offer what is being called Atari Tokens.

Atari is believed to be investing in a blockchain-based digital entertainment platform, and in return will create its very own digital currency. In order to bolster competitive gaming in Europe, the arcade game company will join forces with Pariplay Ltd., as the duo continue to explore digital currency gambling. With excitement reaching feverish highs, Atari’s share prices have jumped up over 60 percent since the announcement went public.

When asked to comment on the situation, Atari chairman, and chief executive officer Frederic Chesnais had this to say:

“Blockchain technology is poised to take a very important place in our environment and to transform, if not revolutionize, the current economic ecosystem, especially in the areas of the video game industry and online transactions.”

“Our aim is to take strategic positions with a limited cash risk, in order to best create value with the assets and the Atari brand.”

In other tech news, Samsung teased new camera functions for the Galaxy S9.

Read Full Article

What to Read Next

Unboxing: On-the-Go Crypto Security Starts with Ledger Flex
Tech & Gadgets 

Unboxing: On-the-Go Crypto Security Starts with Ledger Flex

Presented by Ledger
Discover how the compact wallet is bringing cryptocurrency to your fingertips.

Hands-On with the Asus ROG Ally X
Gaming

Hands-On with the Asus ROG Ally X

Is portable PC gaming the future of the industry? The ROG Ally X makes a good case for it.

The Third and Final Season of 'Squid Game' Will Release in 2025
Entertainment

The Third and Final Season of 'Squid Game' Will Release in 2025

Director Hwang Dong-hyuk promised another “thrill ride” in an open letter to the show’s fans.


KITH Treats Joins In on the Lunar New Year Festivities with Special "Year of the Snake" Capsule
Fashion

KITH Treats Joins In on the Lunar New Year Festivities with Special "Year of the Snake" Capsule

Apparel, a mahjong set, red envelopes and even special ube drinks.

Shoop's Spring/Summer 2018 Editorial "Tokyo"
Fashion

Shoop's Spring/Summer 2018 Editorial "Tokyo"

Shot in Shinkiba, Tokyo.

Cardi B Bought Offset an Iced-Out "Bando" Chain
Fashion

Cardi B Bought Offset an Iced-Out "Bando" Chain

Including two versions of himself placed inside.

2 Chainz Debuts the Name of His Next Album on a Blimp
Music

2 Chainz Debuts the Name of His Next Album on a Blimp

‘Rap or Go to the League’

Nautica Struggles to Stay Afloat and Is Now up for Sale
Fashion

Nautica Struggles to Stay Afloat and Is Now up for Sale

Despite Lil Yachty’s best efforts.

A Documentary About the Legendary Air Jordan 1 Is Coming
Footwear

A Documentary About the Legendary Air Jordan 1 Is Coming

Detailing exactly how the shoe became revolutionary.


Giannis Antetokounmpo Spotted Sporting a Bright Green UNDEFEATED x Nike Kobe 1 "Protro"
Footwear

Giannis Antetokounmpo Spotted Sporting a Bright Green UNDEFEATED x Nike Kobe 1 "Protro"

Bold camo.

adidas Will Soon Release a New Prophere "Triple Black" Model
Footwear

adidas Will Soon Release a New Prophere "Triple Black" Model

It was only a matter of time.

JW Anderson Presents His Co-Ed Fall/Winter 2018 Collection
Fashion

JW Anderson Presents His Co-Ed Fall/Winter 2018 Collection

View selects from the renowned British designer.

The Shoe Surgeon Is Dropping Another Custom Justin Timberlake Air Jordan 3
Footwear

The Shoe Surgeon Is Dropping Another Custom Justin Timberlake Air Jordan 3

And you can only get them at one spot.

Alltimers Presents Its Spring 2018 Lookbook
Fashion

Alltimers Presents Its Spring 2018 Lookbook

Skate decks included.

More ▾