show
show
Witnessing the digital breakthrough

Atari Announces Pre-Sale of Its Own Token

18 March 2020 16:31, UTC
Atari Announces Pre-Sale of Its Own Token
By Anna Martynova

Atari, the American major player in the video and arcade game industry, announced the Atari token presale. It can be used in platform games and exchanged for other cryptocurrencies. The company announced plans to issue its own token two years ago. The public pre-sale of Atari tokens is scheduled for March 20 and will last until May 15, 2020.

The company said:

«The Atari token can be used in video games, by players who can trade their video game assets in a decentralized manner. The advantage of this approach is to provide some standard way for the players to trade their game assets. There are also many other use cases like the Atari Smart Casino where you compete against other players, but your skill plays a key role».

Pre-sale participants can purchase a token for BTC, ETH, LTC cryptocurrencies and fiat currencies using credit cards or bank transfers. According to the company, the tokens will be listed on the exchanges in the second half of 2020. Atari tokens can be stored in a multi-currency wallet. At the moment, the wallet is in its testing phase.The team plans to integrate the Atari token into it as soon as it is listed on the exchanges.

Nowadays, game tokens are gaining popularity and have already attracted the attention of regulators in some countries.The US IRS has excluded game tokens from the definition of virtual currency, which means that now they are not subject to tax returns in form 1040.

Image courtesy of Gizmodo



Read the best crypto news analysis here! bitnewstoday.com Bitcoin, investments, regulation and other cryptocurrencies
Found a mistake? Select the text and press CTRL+ENTER
Leave a comment
Leave a comment
Report a mistake