In February 2018 before the crypto Coin
‘ href=”https://www.newsbtc.com/dictionary/coin/”>coinand try their luck at riding the cryptocurrency bandwagon of late 2017 and early 2018.
As if more evidence that a bubble was indeed ready to burst, companies like Long Island Iced Tea, Kodak, and Atari, all announced a shift toward blockchain, and a business rebranding that may or may not have included a crypto token launch.
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In February of that year, Atari announced its Atari Token in hopes of revitalizing the aging brand now dominated by PlayStation, Nintendo, and Xbox. The token will be used for in-game content, betting, and more, and hopes to eventually build a tokenized video game ecosystem.
The token launch, some two and a half years later, will happen on Bitcoin.com on October 29, 2020. Atari will be launching the token at $0.25 each with a hard cap on the presale of $1 million.
How Video Games And Crypto Coins Go Together Like Player One & Two
The original Atari paved the way for the titans of the video game world today, like Sony and Nintendo. While Sony is ready to launch its PS5, Microsoft readies its next Xbox console, and Nintendo continues to enjoy success with the Switch, Atari has made a significant reset.
Atari was the first innovator to make the video game industry what it is today. Could it perhaps do the same for combining the crypto industry, with video games?
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Video games are a natural fit for gamers, who have spent years dealing with virtual currencies and doing their all to collect Coin
Fortnite is a great example of a game that has a thriving in-game economy and downloadable content that could be tokenized through smart-contracts. All that has been missing, is a way to bridge the gap between the two vastly similar all-digital worlds.
If Atari can do it, they may have solved the puzzle to creating a video game ecosystem that’s tokenized and gives users rights and ownership, and begin a new era of video game collections, built on top of Atari chain.
Featured image from Deposit Photos, Charts from TradingView.com