#Game Developer Atari Unveils Blockchain-Fueled Dual- #Cryptocurrency#Gaming Reboot
The #video game console for hits #like eighties favorite Pac-Man is readying a pair of #digital#tokens, which is likely to rack up points with #investors. The Atari #Group revealed a two-pronged initiative for which it has inked a couple of partnerships involving not one but two #cryptocurrencies.
Atari is the latest in what appears to be the making of a #trend of old companies past their #prime looking for a reboot in the cryptocurrency #markets. Atari should expect that regulators will be closely monitoring its token sale/issuance, as the company doesn’t want to run into similar roadblocks that slowed fellow icon Eastman Kodak’s token plans.
Atari’s projects are comprised of a crypto entertainment platform for the Atari Token as well as a casino platform for cryptocurrency gaming activity. Atari’s stock is listed in Paris and shares have advanced 57% since the last time it updated its blockchain plans about a week ago. The company first made its blockchain ambitions known at year-end 2017.
Gaming on the Blockchain
Now Atari is tipping its hand to more of its strategy, which involves taking a 17.5% equity stake in Gibraltar-based #blockchain startup Infinity #Networks, to which the game console company has licensed out its brand. Infinity is behind a decentralized platform for digital entertainment across channels including video games, #film and #music.
Atari is quick to point out that the Infinity platform is still under development, which is a key point for potential buyers of the Atari Token, which will fuel the Infiniti platform.
Meanwhile, Atari also has its sights set on the casino market and is taking its relationship with online gaming platform Pariplay, whose platform is fueled both by fiat money and cryptocurrencies.
Nostalgic gamers will be glad to see some of their favorite Atari games on the online casino sites, though the company doesn’t identify which ones yet. Atari is developing a second digital coin dubbed the Pong Token that will be dedicated to the #casino platform.
We're just days away from our next monthly market! Join us for some chill vibes with eclectic, handmade finds from local artists, makers + designers. Check out Sarasota's hottest new market series! Did we mention BEER?!? 🍻✌🏽️
Mom and I hit the Malad fish market with a vengeance this morning, making the most of my weekend stay with her and Dad. As always, the market was cacophonic (you hear it long before you reach it), tumultuous and projecting energy like you wouldn’t believe. The fish prices, though, were soaring - possibly because it was the weekend, but regulars told us prices have been high throughout this year. As a result, we left with just prawns - a fair-sized stash, though - and without my favourite pomfret (Rs 3,000 for six small ones was the going rate!). So, it’s gonna be prawn biryani for the three of us today. 😊
Today’s market haul 😍 .
Today I grabbed my bike and headed to the markets, it’s such a good way to explore a new city, as well as get some fresh air and exercise. 🚲 (check out my story for more pics!)
The markets here in Darwin are amazing, so much fresh produce 🍈🍌🍅and the range of food stalls is wonderful, including pastries 🥐, crepes🥞, Asian foods🍜, fruit juices 🍹and coffee☕️. There’s also clothing, craft, books, plants and jewellery stalls- something for everyone!
Do you head to your local markets on the weekend?