Market Analysis Report (25 Jan 2022)

The Atari Group, the company behind classic video games like Pac-Ma, Space Invaders, Frogger and  Pong, is set to move into the metaverse with the launch of a new, open-world experience that will allow players to explore a beautiful environment and engage in several games.The new open-world experience will be part of Atari Chain’s use cases. 

What is the Atari Chain?

The Atari Chain is a subsidiary cryptocurrency company created by Atari and ICICB, one of the leading financial services companies in the Middle East, with the vision of making the blockchain the “go-to cryptocurrency token in the interactive gaming industry.”

The Atari Token

The Atari Chain’s native token is called the Atari Token ($ATRI). It is a cross-chain token, operating on Ethereum, BSC, Polygon and Fantom blockchains.

Aim of $ATRI: to become a universal means of payment for the video game industry that will allow developers and publishers to gain new monetization options, while bringing smart contracts and more into the gaming universe

Use cases:
– Loyalty programs and exclusive VIP experiences at Atari-branded hotels throughout Europe, Asia and Africa 
– System in which players can trade their in-game resources like gold and diamonds for tokens or real-world money without the need for third parties
– Atari Metaverse
– Growing network of real-world use cases

Traded on: Bitcoin.com, PancakeSwap, HitBTC, HotBit, BitBay, Uniswap and others 

The token will be launched with a centralized system, but it’s going to become decentralized over time with a Committee of at least 12 independent individuals being established in the future to help the community reach consensus. 

The Atari Metaverse

With the use of the ATRI token, Atari is launching a new open-world metaverse experience focused on an open-world casino, where players can just chat with each other or gamble as they please while exploring the game’s map.

Metaverse experience encompasses various casino, roulette, poker, slots and other games, multi-player experience and 100 million NFTs.

Source: https://www.cryptocompare.com/email-updates/daily/2022/jan/25/