Atari SA is an entertainment company founded in 1972 by Nolan Bushnell and Ted Dabney. It shortly became a leader in arcade games, home video games, and computers.
In the next month, the firm plans to launch an online cryptocurrency casino. In an attempt to revive the business, Atari in association with Decentral Games will set up the casino on an Ethereum blockchain.
Decentral Games is known for being the first community-owned casino. Its ecosystem allows users to engage anonymously in decentralized gaming. In the meantime, they can be rewarded for their participation.
“This new wave of connected people are unlikely to have a Mastercard or Amex and may only have access to cryptocurrencies as a form of digital payment. This is why it makes a lot of sense to form this Atari token asset to service our casino and connect those who do not fit the traditional mold,” Atari CEO Fred Chesnais said in a statement.
The platform will be created in “Vegas City,” which is an Ethereum-based gaming district, and will include Atari-themed games and NFTs (non-fungible tokens).
But how will the new feature of Atari work?
The player will have his avatar while using the platform. By playing with MANA, DAI, and Atari tokens, he will be given the possibility to earn $DG (Decentral Games’ native token). Those holding $DG will have the chance to engage in governance and company decision-making.
People have mixed feelings about casinos on the blockchain, but crypto enthusiasts believe this to be the future of gambling, especially after the beginning of the Covid-19 pandemic. They also think NFTs will become more valuable over time, bringing a revolution to digital art, gaming, and so much more.