Giant Gaming Corporation Atari has reportedly partnered with crypto exchange Bitcoin.com to prepare for the sale of ATRI – their ETH-based asset
Despite being famous in the entertainment and electronics industries, Atari is preparing to enter the blockchain and crypto space. The company has developed its own crypto asset that is primarily focused on the video game sector.
The Atari group announced in a press release that their ERC20 token ATRI is ready to go on sale in November. The company added that it selected Bitcoin.com to facilitate the sale of ATRI.
It is planned to initially use the ERC20 tokens in areas in which the company is already deeply rooted. Some of these areas are blockchain games, video games, and casino games. Frédéric Chesnais, CEO of Atari Chain, said the company had massive plans for the upcoming ETH-based crypto assets.
“Our goal is to continue adding industry use cases and fostering the emergence of an ecosystem focused on the Atari token and Atari brand, offering new types of decentralized services on the blockchain,” he said.
Not much is known about the token’s value proposition at the moment. So far, Atari has announced that the token will be used to revitalize the video game industry. Based on the company’s announcement, the public sale will begin early next month, with Bitcoin.com hosting the sale.
Interested users must perform a mandatory authentication step on the public portal before starting the crypto-asset. The authentication process takes the form of a KYC check (know your customer).
Users can buy the token using popular crypto coins such as Ethereum, Bitcoin, and Litecoin during the sale. According to reports, the gambling company is also working on a plan to move the token on other platforms as it aims for more liquidity.