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← Insights
Tokens

What is the Atari Token ($ATRI)?

by LCX Team · August 23, 2021

Atari Token (Atari) is an ethereum based cryptocurrency. The ATRI token was launched by Atari Chain Ltd., a subsidiary of the video game company Atari Interactive. Atari ($ATRI) aims to be the industry’s reference token for the gaming industry.

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ATRI Token’s immediate goal is to establish itself as the go-to cryptocurrency for video game enthusiasts. The long-term purpose of ATRI Token is to become the preferred cryptocurrency for the gaming industry.

The ATRI token is intended to become a universal form of payment for the video game industry, giving developers and publishers additional choices for monetization, smart contract integration, in-game asset protection, and more.

Who Created the Atari Token?

Atari Chain Limited, a subsidiary of Atari created particularly for this purpose, founded and continues to develop Atari Token. Nolan Bushnell and Ted Dabney cofounded Atari in California in 1972. Atari released Pong, the first commercially successful video game, in November 1972.

Atari became a part of Infogrames Entertainment (IESA) — now known as Atari SA — a French video game holding corporation based in Paris, in 2008.

How does Atari Token work?

Atari is a renowned gaming brand that popularised video games in arcades in the 1970s, virtually single-handedly establishing the business that Nintendo and others would eventually take over.

Atari is attempting a comeback through a variety of channels, including a new Atari VCS system, branded resort hotels, and, yes, a cryptocurrency.

Gamers and developers alike can utilise the token. For gamers, the ATRI is excellent for making microtransactions within games, creating digital avatars, and allowing participation in cryptocurrency-based casino games.

Developers, on the other hand, benefit from a smoother payment process during the development process as well as an incentive to create blockchain-based games. Developers, for example, can quickly integrate in-app purchases and collaborate on programming, testing, and translation.

Benefits of $ATRI?

Easy Integration: The token is designed to be a global token that can be used across all gaming platforms. As a result, the fact that it is based on the Ethereum protocol places it on the proper track, given that the blockchain platform has more than three times the number of developers as other decentralised networks.

High Liquidity: ATRI relies on a slew of internet-based entertainment platforms to provide liquidity. The coin will be incorporated into secure platforms with huge transaction volumes, among other things.

Auditable: For a long time, the cryptocurrency sector has been plagued by scams and inadequately secured platforms, resulting in security breaches and the loss of investor assets. ATRI overcomes this by allowing independent audits. This makes smart contracts more secure and encourages the implementation of uniform safety measures.

How to buy ATRI?

You can buy, trade and store ATRI at LCX Exchange. There are several trading pairs available with ATRI/LCX and ATRI/EUR. 

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