Atari Emerges at the Forefront of Tech and iGaming with Vegas City Casino
Published March 15, 2021 by Lee R
Atari is combining the best of tech, gambling and crypto to reach the forefront of gaming.
A mythical name from the past is moving to the forefront of gaming, tech, and cryptocurrency all in one deal.
Atari-Decentral Gems Deal
The very first video game provider Atari is back, and teaming up with DecentralDecentral Games to launch a crypto only casino later this year.
Vegas City
The casino is being built in a blockchain-based virtual environment called Vegas City, an Ethereum-based gaming district in Decentraland’s metaverse.
Integration
Vegas City will include Atari-themed games as well as Atari non-fungible tokens (NFTs).
Vegas City will be the first metaverse casino platform owned by its community, as a virtual world where users interact with their metaverse via their individually assigned avatars.
Cryptocurrency Only
Decentral Games will offer its native token $DG to users, which users can acquire with Decentraland's ERC-20 token MANA, Dai cryptocurrency and with Atari’s native token ATRI.
Terms
Set to launch in May this year, the crypto-powered Vegas City casino will be leased on a two year term that will see 88% of the profit share contributed to its DG DAO treasury.
Projections
Decentral and Atari are both projecting bets of $150 million respectively for 2021, which are subsequently projected to rise to $400m over two years.
Support
Atari CEO Frederic Chesnais is excited to move “the Atari gaming experience onto the blockchain" through the partnership.
Incentives
With the launch of Vegas City, Decentral Games will incentivise users by giving away exclusive NFT prizes.
Further Interest
Private interest is already rumored from major players including Grayscale investments along with Digital Currency Group CEO Barry Silbert.
About Atari
Founded in 1972, Atari became a legendary name as the first provider of video games and household video consoles. Today, the Atari is a global interactive entertainment and multi-platform licensing group whose game ownership and management portfolio encompasses over 200 games and franchises. Atari intellectual properties have subsequently been adapted across smartphones, tablets, and devices, while additionally being used for development and distribution of interactive entertainment for Microsoft, Sony and Nintendo game consoles.
Outlook
In other words, Atari is alive and kicking, and the latest iGaming venture appears to combine the best of all tech sectors.
