The Atari Group, one of the largest gaming companies in the world, is getting into cryptocurrency.
According to a press release discovered by CoinTelegraph, Atari is launching an online casino and its own Atari Token.
An excerpt from the release:
“The Atari Group, one of the world’s most iconic consumer brands and interactive entertainment producers, announces today three major initiatives for its online activities: a music game based on the catalogue of the world renowned artist AVICII, an agreement to launch the Atari Token and a casino for crypto-currencies by September 30, 2020, and provides an update on the progress regarding the manufacturing of the Atari VCS.”
These additions are meant to replace the Atari VCS, the company’s upcoming console, for a brief period. The hardware’s delay has been caused by the coronavirus pandemic.
Atari Token has been in development since 2018. Back then, the group received a license to develop a blockchain and its respective cryptocurrency. While most of the asset will be focused on the casino, the rest of it will contribute to films and music as well.
Blockchain gaming, due to its scalability issues and lack of real-time play, usually consists of casinos and other, more turn-based types of game. This is why casinos are so popular within the industry.
