Legend of game making Atari will release its own cryptocurrency
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The case of the once richest and most promising companies, engaged in creation of video games, arcade machines and consoles, in the last thirty years are not very good, but Atari continues to periodically pop up in the news with new announcements. Last summer it was announced that the publisher will release a retro console with a set of old hits and support for new game projects, and it is now known that Atari intends to issue its own coins, which will be called the Atari Token.
To launch its own cryptocurrency project, the publisher has acquired a 15 percent stake in the company Infinity Networks from Gibraltar. Thus a press-service of Atari said that the deal «was committed without spending cash», whatever that means. The development is planned to be conducted jointly. In the end, on the basis of the Atari Token it is planned to create video game entertainment platform.
After the deal was announced publicly, the stock of the publishing house increased in price almost twice, and the Chairman and CEO of Atari, Frederic chesnais has published a statement in which he said that the company aims to take a strategic position to increase the capitalization of the assets of and brand Atari.
In Addition, Atari is going to integrate cryptocurrencies in a joint project with Pairplay, firing a second «coin» Pong Token for online cryptocurrency casinos. The token is supposed to be used not only on its own platform but also on other sites. Details of the launch of triptocaine as information about cryptocurrency publishers, will be published later.
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