Atari will publicly sell branded cryptocurrency for a quarter each

[Shawn Knight]

Editor's take: If it were my money, I'd play the wait-and-see game. Let's see if Atari makes good on its promise to ship the console soon and check out some reviews before plopping down that much money on an unproven system in a year when two of the industry's biggest players are launching true next-gen machines.

Atari has announced plans to sell a gaming-focused cryptocurrency later this month.

The Atari Token will be available on Bitcoin.com Exchange starting October 29. Each token will be priced at 25 cents, with a hard cap of $1 million worth of coins initially being on offer.

"Our goal is to create a token for the videogame industry that is available to as many platforms and users as possible. We are continuously developing use cases, starting with networks of smart platforms, games, and casino games. We aim at gradually extending the reach of the Atari Token to other games and applications in the videogame industry."

Atari said late last month that the first production units of its new PC / console hybrid, the Atari VCS, will be shipped to early project backers “very soon.” The company is also accepting pre-orders for the system on its website for $389.99.

That’d be a tough sell in any year, but even more so in 2020 with new consoles from Microsoft and Sony just around the corner (and in some cases, for less money). Sure, Atari is going after a different target audience with its system (retro versus modern gamers), but really, how much do we actually know about the VCS and what it’ll be capable of, how developers will support it, etc.?

Masthead credit: RCL

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https://www.techspot.com/news/87153-atari-publicly-sell-branded-cryptocurrency-quarter-each.html

 

[QuantumPhysics]

JaguarCoin ?

 

[VitalyT]

Shitcoin™ is what all these coins are knows as on the crypto market. Naturally, those floaters are known to overflow the market. They are all nothing but a pyramid scheme to enrich people behind the coin. And as usual, there's no shortage of punters.

 

[franticfrosty]

Why bitcoin.com... and I bet bots will eat up every single one!

 

[defaultluser]

Loe how they have to use every trick in the book to avoid answering why they still have not shipped a Ryzen 2000 series APU from January 2018, here in late 2020.

I mean, they could have easily put someone else motherboard inside that box, and called it a day.

https://www.neweggbusiness.com/Prod...VEtvACh1lEAgxEAQYAiABEgI23vD_BwE&gclsrc=aw.ds

 

[psycros]

Atari brand means a lot to the 80's and late 90's kids. Sadly, nostalgia is all we have left...nothing good has been done with that name for 20 years.

 

[Beerfloat]

Oh Atari, how did it ever go so wrong? You made Asteroids and Breakout and Missile Command. And Tempest, Gauntlet and Paperboy. And had all those great Namco arcades. You had the VCS, and the Atari 800.

Nowadays you make me embarrassed to be on your email list. Endless rehashes of Rollercoaster Tycoon don’t excite me. App versions of classic games for phones? No thank you! And WTF is an Atari Speakerhat?

Atari Tokens or your partnership with Litecoin are concepts I actively despise. Who comes up with this sh*t?

Meanwhile, other companies are doing gangbusters business with mini re-releases of classic consoles. But somehow you can’t even get that right.

 

[Nestea]

Oh Atari, how did it ever go so wrong? You made Asteroids and Breakout and Missile Command. And Tempest, Gauntlet and Paperboy. And had all those great Namco arcades. You had the VCS, and the Atari 800.

[...]

Sadly nothing lasts forever. As soon as some key people leave, it's not the same company anymore. Just take a look at AC valhalla. Has practically nothing to do with Assassin's Creed at this point.

 

[arrowflash]

Instead of bringing yet another shitcoin to the already oversaturated crypto market, why not just announce public support for Enjin, PlayFuel or one of the other gaming shitcoin alternatives already on the market.