Pac-Man video game maker Atari to embrace cryptocurrency, blockchain tech

Pac-Man video game maker Atari to embrace cryptocurrency, blockchain tech

Pac-Man video game maker Atari to embrace cryptocurrency, blockchain tech

Looking to lower your CPU temps? Today the word comes down that Atari To Launch Cryptocurrency Tokens For Casinos & Gaming Platforms. The company is creating a new cryptocurrency named "Atari Token". I can't see individual Atari Tokens going for upwards of $10,000 a pop like Bitcoin was doing at one point before it came crashing down.

Atari has secured a small stake in Gibraltar-based Infinity Networks and has permitted the firm to use its brand under a long-term licensing agreement. Shares of Eastman Kodak Co jumped 245 percent in two days after it said last month it's working with a company that promotes paparazzi photos to offer a blockchain-based service for paying photographers.

Atari Token won't be worth real money apparently, however, it will be used on a new digital entertainment platform to buy content like video games, music, and movies. While the blockchain may have potential within future gaming-related applications, the Atari Token, and the decentralised platform it powers, will need to be an accessible and useful application of this tech to ever get off the ground. "Our objective is to take strategic positions with a limited cash risk, in order to optimise the assets and the Atari brand". This slimline unit features somewhat parity with Steam's ill-fated Steam Machine project, and so far Atari have been forced to delay pre-orders expected to go up a year ago in efforts to further develop the platform and ecosystem.

Pac-Man video game maker Atari to embrace cryptocurrency, blockchain tech

The company is largely credited with having created the game industry - first with games like "Pong" and "Breakout" in arcades, and then with home game consoles like the Atari 2600.

Instead of cracking on with its still, unreleased Ataribox console, Atari has decided it's time to break into the cryptocurrency market - because of course it has.

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