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What is Atari (ATRI) – token, responsive payments in interactive entertainment?

What is the Atari Token (ATRI) - Fast Payments in Entertainment?
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The Atari cryptocurrency (ATRI) is a blockchain-based currency that aims to streamline payments in the interactive entertainment space.

Atari, a pioneer in the video game industry, is venturing into the crypto space by creating its own Token, Atari Token, (ATRI), to drive the future of the interactive entertainment industry.
With the integration of blockchain technology and the Atari Token, the company believes this will revolutionize the global gaming industry.

Atari History

The Atari token is developed by icons from the Atari gaming scene. The company has over 200 games to its name. If you are a gamer, their titles would not be suitable for you, as games like Pong, Missile Command and Roller Coaster Tycoon were once very popular.

Atari has been developing games since 1972. Therefore, their knowledge of the interactive has been appreciated by gamers for generations.

Notably, being alive since 1972 means the company was able to adapt to the changing needs in its environment quickly. It is this open mind that saw the introduction of the Atari Token. Frédéric Chesnais leads the project as CEO, with Manfred Mantschev heading the business development division.

Furthermore, the project has partnered with notable companies in the fields of cryptocurrency and blockchain. They include the Foundation Litecoin, the Arkane Network, Chain Games and the Blockchain Game Alliance (BGA).

What is the Atari Token (ATRI)?

Atari Token (ATRI) is a blockchain-based currency aimed at streamlining payments in the interactive entertainment space. The token is developed using Ethereum's ERC-20 standards and is powered by the Ethereum blockchain.

However, before expanding into the entire area, the token first sought to make an impact on the gaming ecosystem. Although the project is driven by a blockchain system with a relatively low transaction speed (about 20 transactions per second), the network is exploring a layer two scaling solution to increase network speed.

With the token, the Atari team is committed to removing barriers presented by other cryptocurrencies such as Bitcoin and Ethereum. For example, rather than being limited to specific use cases, cryptocurrency can be used in a wide variety of long-term use cases.

In short, the Atari team is committed to developing a token that can be used in everyday activities, even outside of games.

Despite being an in-game currency, the ATRI can be exchanged for real-world items. Also, it can be converted to fiat.

The ATRI token is stored in an ATARI Omni wallet that is available on iOS and Android mobile devices. The wallet has notable features, such as:

  • Support for human readable addresses.
  • Chat support.
  • Ability to send payments via SMS, email and chat.
  • Ability to initiate crypto-based payments via a credit card.
  • Support for government issued currencies such as Euro or Dollar.
  • In addition, with the correct regulatory approvals, the Atari Omni wallet can exchange crypto for fiat.

The ATRI cryptocurrency plays a critical role in the Atari ecosystem. For example, the token is used to activate activities in smart contracts. Furthermore, it acts as a medium of exchange on compatible platforms. For starters, the token is a fundamental pillar of the Atari system that includes Atari Casino, Atari Exchange, and Atari Betting.

Atari Public Sale (ATRI)

The public sale of the Atari Token began on October 29, 2020 on the Bitcoin.com Exchange. The price per token is set at $0,25 per token with a strict public sale limit of $1 million. The Atari Token was listed on the Bitcoin.com Exchange upon completion of the public sale. For more information, see the telegram or twitter .

Atari Tokenomics

The circulating supply of Atari Token is 65.389.000 and the total supply is 7.771.000.000. The Atari Network enforces a cost-effective token burn/repurchase policy that aims to track network growth, demand, and usage by issuing new tokens for circulating supply. Any unsold tokens during the Private or Public Sale will eventually be burned.

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Atari Token Governance

As a community-focused project, token governance is done through an autonomous decentralized organization (DAO). But, ground rules must be developed before welcoming community involvement. Therefore, the project will make a smooth transition from centralized to decentralized governance.

However, after decentralization, the Atari network will have 12 distributed parts that will oversee consensus among the Atari community.

Advantages of the ATRI token

In an industry as expansive as interactive entertainment, the token has a wide range of advantages. The main ones include, but are not limited to:

Easy Integration

The token was created to be the universal token on gaming platforms. For this reason, the fact that it is based on the Ethereum protocol puts it on the right path, considering that the blockchain platform has more than triple the number of developers compared to other decentralized networks.

High liquidity

ATRI bets on attracting liquidity from a multitude of Internet-based entertainment platforms. Notably, the currency will be integrated into secure platforms as well as with high transaction volumes.

Auditable

The cryptocurrency industry is riddled with scams and poorly protected platforms for a long time, leading to security breaches and loss of investor funds. ATRI solves this by opening up to independent audits. This allows you to secure smart contracts and request the use of standardized security policies.

ATRI cryptocurrency use cases

The token can be used by players and developers. For players, ATRI is ideal for microtransactions within games, making digital representations of avatars, and allowing participation in cryptocurrency-centric casino games.

Developers, on the other hand, enjoy an improved payment process during development and an incentive to build blockchain-based games. For example, developers can easily integrate in-app purchases and collaboratively program, test, and translate their work.

Atari Token 2022 Price Forecast

Under the current market scenario, the Atari Token has to struggle in terms of price dynamics. However, the gaming and betting markets are expanding along with cryptocurrencies. Atari has great growth potential in various gaming industries, and the Atari Token price can hit the gaming industry with its solid foundation. Atari's pricing forecasts are at the same level this year as the token takes time to stabilize, gradually hitting the $0,1 mark later this year. Based on the most reliable cryptocurrency prediction, the Atari Token cryptocurrency refrains from showing any drastic price changes to cause any disappointment to its investors.

Where to buy Atari Token (ATRI)?

Precious and elite exchangers for trading today welcome the presence of Atari Token cryptocurrency on their platform such as Bitcoin.com Exchange, PancakeSwap (V2), Hotbit, 1inch Exchange and BitBay. You need to follow the Atari Token price prediction very carefully to come to an investment decision for yourself by doing your own research to buy or sell Atari Token (ATRI).

Conclusion

In an industry that is expected to hit a $2,2 trillion valuation, putting those who matter, gamers and developers, at the center of growth is key to fostering a motivated community and a vibrant interactive entertainment industry. This can only be achieved through innovative solutions like the Atari token.

From promoting in-game purchases to facilitating chat payments, ATRI is at the heart of the gaming sub-industry and forms a central pillar throughout the Internet-based entertainment industry. Through its key partnerships, easy integration, high liquidity and openness to auditing, the Atari token is ready to conquer all sectors of crypto-based online entertainment.

Importantly, its success in these realms would naturally lead to its adoption for everyday uses outside the entertainment space.

More information about ATRI

Disclaimer: The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing or trading cryptocurrencies carries a risk of financial loss.
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