Atari Announces IEO Collaboration and Listing of the Atari Token with Bitcoin.com Exchange | Press release Bitcoin News
Atari announces IEO collaboration on Bitcoin.com Exchange via its multi-asset trading platform.
Public sale slated for November, details to be announced in the coming weeks.
The Atari token will be listed on Bitcoin.com upon completion of the IEO.
October 1st, 2020 – Atari, one of the world’s most iconic consumer brands and interactive entertainment producers, announces today an agreement with Bitcoin.com Exchange for a public sale and the subsequent listing of the Atari Token (ATRI) on Bitcoin.com Exchange.
Atari is evolving and envisioning a new mission to conquer the crypto space by creating a token to power the videogame industry, enabling access to as many platforms and users as possible via atarichain.com, the Atari wallet and more generally the creation of a blockchain-based eco-system around the Atari brand .
The Atari Group has recently entered into many additional partnership agreements to progressively develop the adoption and the use cases of the Atari Token throughout the ecosystem of interactive entertainment and of blockchain initiatives. The first use cases are in the domains where the Group is already active: casinos using crypto-currencies, video games or blockchain games. The list of such partnerships is available atwww.atarichain.com.
The public sale is implemented by Atari Chain, Limited, the Gibraltar-based subsidiary of Atari, SA (“Atari Chain”). The public sale is slated for November 2020, with details to be announced in the next few weeks. During all these sales, the Atari Token can only be purchased using mainstream crypto-currencies (Bitcoin, Ethereum, Litecoin, Bitcoin Cash). This public sale and the listing constitute a very important milestone for the Atari blockchain project, providing liquidity to the token holders, paving the way for future collaboration and the development of the Atari blockchain ecosystem.
As one of the leading cryptocurrency exchanges in the digital asset field, Bitcoin.com Exchange has been chosen as the platform of choice for Atari’s new ERC20 token (ATRI) to launch its public sale early November. After the conclusion of such public sale, Atari’s token (ATRI) will be listed on Bitcoin.com Exchange for trading.
“Teaming up with Bitcoin.com was a natural choice for Atari” said Frédéric Chesnais, Chief Executive Officer of Atari Chain, Limited. “Our goal is to keep adding use cases in the industry and sponsor the emergence of an ecosystem centered around the Atari token and the Atari brand, offering new types of decentralized services on the blockchain”.Danish Chaudhry, CEO of Bitcoin.com Exchange said that, “At Bitcoin.com Exchange, we are constantly building a wider ecosystem that branches into new horizons, especially with the upcoming launch of our IEO platform.” Chaudhry continues on by saying, “We are ecstatic that Atari, a pioneer in interactive entertainment, has chosen our exchange to accelerate the growth of their token by hosting their public sale on our platform. We will be utilizing our years of experience, and abundance of resources, and our esteemed community to effectively ensure a successful offering of the Atari token.”
Why choose Atarichain?
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Since each transaction is stored on a distributed ledger, tampering with recorded history or minting new tokens from thin air to manipulate value is impossible.
Atari aims to enable other developers to easily integrate the Atari Token in their games.
Atari intends to list ATRI on as many platforms as possible, allowing token holders to easily make exchanges for other currencies. The choice of platforms will depend on different criteria, such as regulations, safety, and volume of transactions.
Atari are working on innovative games in which you can stake tokens against other players. The best player wins the prize.
ATRI can also be used to play games in Atari Casino. Beside standard games like Roulette, Poker and Blackjack, we are working on innovative gambling games where your skill increases your chance of winning.
And many more, check out the Atarichain website here.
Be Part of the Progress
Atari has a great future ahead, addressing and evolving gaps within the gaming industry. Bitcoin.com Exchange will initiate the process in the next few weeks by opening a portal where users will be able to go through KYC/AML verification before the token sale to take place in November. Keep yourselves updated for more information via our portal below, and follow our socials.
In brief, an Initial Exchange Offering, commonly referred to as an IEO, is a fundraising event that is administered by an exchange. In contrast to an Initial Coin Offering (ICO) where the project team themselves conduct the fundraising, an Initial Exchange Offering means that the fundraising will be conducted on a well-known exchange’s fundraising platform, similar to the upcoming Bitcoin.com Exchange Launchpad, where users can purchase tokens with funds directly from their own exchange wallet.
About Bitcoin.com Exchange
The mission of Bitcoin.com Exchange is to empower people from all over the world to trade cryptocurrencies with ease and confidence, from first-time traders to advanced trading professionals. With high liquidity, 24/7 multilingual support and dozens of trading pairs, complemented with a high level of security, we offer an attractive platform for trading any cryptocurrency. Within one year since launch, on average, our exchange has been visited by more than 500K active traders per month, and this number continues to grow as you read this sentence.
Atari, composed of Atari SA and its subsidiaries, is a global interactive entertainment and multiplatform licensing group. The true innovator of the video game, founded in 1972, Atari owns and/or manages a portfolio of more than 200 games and franchises, including globally known brands such as Asteroids®, Centipede®, Missile Command® and Pong®. From this important portfolio of intellectual properties, Atari delivers attractive online games for smartphones, tablets, and other connected devices. Atari also develops and distributes interactive entertainment for Microsoft, Sony and Nintendo game consoles. Atari also leverages its brand and franchises with licensing agreements through other media, derivative products and publishing.
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.