It symbolizes its foray to cryptocurrency. The statement has witnessed a spike in stocks, increasing by over 60% since the announcement on February 8.
It is unknown if this could be limited to Atari Token or be amenable to the likes of Bitcoin too.
“Blockchain technologies is poised to have an essential place in our surroundings and to change, or even revolutionise, the present financial ecosystem, particularly in the regions of the video game business and internet trades,” Atari Chairman and Chief Executive Officer Frederic Chesnais stated in a declaration. “Our purpose is to take tactical positions using a restricted cash risk, so as to best create value together with the resources as well as the Atari brand.”
Formerly Atari floated plans to get a games console Called the Ataribox and chose to crowdfunding to deliver Roller Coaster Tycoon into the Nintendo Switch. In its most recent avatar, we have seen Atari launch a couple of games based on businesses it possesses, most especially Alone in the Dark: Illumination and Asteroids: Outpost. Both were satisfied with mainly negative testimonials due to their derivative character.