Blockchain technology has use in cases beyond cryptocurrencies. It is being used in every industry; be it finance, supply chain, Internet of Things (IoT), and cybersecurity, among others.
What about the gaming industry?
As gaming enthusiasts, we all wish to play games using cutting-edge technologies like blockchain. And what’s better than our favorite classics powered by blockchain?
Atari, the game developer behind games like Tetris, Pong, and Pac-Man, is now diving into the blockchain space with their native cryptocurrency (ATRI) and blockchain-powered VCS gaming console.
In this article, we will discuss Atari’s blockchain endeavors in detail.
- What is Atari Chain Token, and why does it have value?
- How is SpookySwap allowing users to swap Atari Chain tokens at near-zero cost?
The Gaming Industry Will Undergo A Crypto Makeover, All Thanks To Atari Chain
Atari is the gaming behemoth that created classic games like Tetris, Pong, and Pac-Man. They popularized video games in arcades in the 1970s and brought our favorite games into our homes with gaming consoles.
Well, Atari was having a hard time in the gaming space it once dominated
Don’t worry. Your classic games are now coming on the blockchain. Yes, you heard that right. Atari Chain is plotting a massive comeback with their new Atari VCS console, resort hotels, and most importantly, their cryptocurrency.
For now, let’s focus on Atari Chain’s token, what is ATRI
ATRI is an Ethereum-based (ERC20) crypto token that will be used as a currency for several entertainment services, including games, gambling, and betting platforms. The token is developed by Atari Chain Limited, a subsidiary of Atari.
The project launched their native token ATRI on October 30, 2020, through Bitcoin.com. The company raised a whopping $1.5 million in the token-presale.
Why Does ATRI Have Value?
The team is attempting to position ATRI as the de-facto mode of payment for video games, gambling, betting, and other entertainment services.
For this, it has partnered with major online gaming services that will accept Atari Chain Tokens on their platforms. Atari has collaborated with Karma The Game of Destiny, an adult-focused social platform, and Unikrn, a sports and esports betting service. The blockchain gaming network Arkane will also accept Atari Chain tokens on its platform.
Moreover, Atari Chain will also expand their native gaming ecosystem by launching a casino and betting platform – in their Atari Chain Universe.
The major highlight of Atari’s blockchain makeover is their Atari VCS console. It is a blockchain-powered hybrid console and PC, allowing you to play high-definition games, stream videos, and much more. In addition, Atari VCS will support Atari Chain Token allowing users to buy games and pay for services using Atari Chain tokens.
Swap ATRI Tokens In A Fraction Of A Penny Using SpookySwap
You can buy ATRI tokens from Bitcoin.com exchange and Uniswap. Well, Bitcoin.com and Uniswap exchange will cost you a few dollars in transaction fees. Uniswap is built on Ethereum, where transaction fees were as high as $60 in mid-May this year. As of June, the transaction fees have dropped to $4.42.
Well, what if I tell you that buying Atari Chain tokens will only cost a fraction of a penny in transaction costs?
SpookySwap is a decentralized exchange built on the Fantom blockchain. Here, you can swap tokens, provide liquidity, and stake crypto tokens.
Well, thanks to Fantom, you can swap crypto tokens on SpookySwap within seconds at the lowest fees.
SpookySwap listed ATRI tokens on July 14, 2021. This was a massive push to ATRI adoption, as users can now swap ATRI tokens while saving on transaction costs.
As you know, you need some crypto in your wallet to swap them against ATRI tokens. You must be wondering – What if I have some crypto tokens on another blockchain, say BSC or Ethereum? How can I transfer them to Fantom?
SpookySwap has made transferring cryptocurrencies across blockchains a breeze. SpookySwap’s bridge allows you to transfer crypto tokens from Ethereum or BSC to Fantom easily, and from Fantom to Ethereum or BSC. AnySwap powers this bridging.
Once you have your crypto tokens on the Fantom network, you can swap them for ATRI tokens using SpookySwap. And guess what, bridging everything (except for FTM) into Fantom using SpookSwap is free of cost.
Atari Chain has massive plans for its native crypto token. From partnering with major gaming platforms to launching their native gaming, casino, betting services, and blockchain-powered VCS console, ATRI is going all-in for making their crypto token a massive hit. If all this goes as planned, the token will sooner or later establish itself as the ‘gaming currency.’