The Atari fever was getting lower with the passing time and to regain its popularity, they have decided to deal in cryptocurrencies. As a starter pack, Atari has unveiled two new cryptocurrencies of its own, Atari Token and Pong Token.
The blockchain company behind the currency is going to be Infinity Networks which has been in this business for quite a long time. The partners will create and issue tokens as part of an investment deal. A recent press release states about the Atari Token, which is going to be used for entertainment:
The company is developing a decentralized platform giving access to any form of digital entertainment,that is to say a very wide offer ranging from video games to movies and music. This platform, under development, will operate using a cryptocurrency, the Atari Token.
The Pong Token, on the other hand, is concerned with gaming:
The second project in progress is the strengthening of the partnership with Pariplay, Ltd in the launch in 2018 of casino platforms allowing players to bet either in real money or with most crypto-currencies currently outstanding. These casino sites will offer many Atari games. To broaden the appeal of these new casinos, and once the Atari Token available, Atari has the project to launch Pong Token, a second Token dedicated to crypto-casinos and usable on these gaming sites. The details of this launch of crypto-casinos will be announced soon.
If you pay heed to the terminology, Atari hasn’t used the word ‘coins’ for their cryptos which means they are well aware of the rules and regulations that can hurdle in their path. During the announcement, Atari added:
This press release is not to be published or distributed in the United States of America, Australia, Canada, Japan or Italy or any other jurisdiction in which the offering or sale of financial securities would be prohibited by law. in force. (sic).