Atari SA, the software company whose revolutionary gaming products exploded in popularity in the 1970s and 1980s, is planning to launch its very own crypto casino.
The new online casino will start working next month and is the latest in a series of steps aimed at revitalizing the company that Frederic Chesnais, Atari SA’s CEO, has undertaken recently.
Themed Casino Games and NFTsThemed Casino Games and NFTs
Atari SA will create the cryptocurrency casino together with Decentral Games. The gambling site will be on the Ethereum blockchain and will feature Atari-themed slots and table games.
Atari’s crypto gambling site will work using non-fungible tokens, also known as NFTs. Players will be able to use these NFTs to win more cryptocurrency while playing.
And Atari expects a lot of crypto betting and gambling to take place in its online casino. The company predicts that betting revenue will be $150 million in 2021 and increase to a total of $400 million the next year.
Crypto Gambling and Trading
Atari’s foray into blockchain gambling is an excellent idea, but it is by no means a pioneering move. New crypto casinos are spawning each day, and they seem to be the next logical step of gambling, at least according to crypto fans.
Similarly, NFTs have skyrocketed in popularity, and crypto gambling networks such as Justin Sun’s Tron are seeing millions of dollars of crypto transactions taking place there every day. NFTs have become something of an alternative investment instrument and those who possess them are trading with them betting on the fact that NFTs enforced scarcity will eventually make them more valuable.
Tapping into 1980s Nostalgia and Crypto Craze
The crypto casino plan is not Chesnais’ first effort at bringing the company up to date with the online gaming and gambling world. Atari had other forays in the realm of cryptocurrency and Chesnais seems convinced that the combination of crypto popularity and 1980s nostalgia will do wonders for Atari’s revitalization.
The companies that bore the Atari name in the past helped raise generations of gamers in the 1970s and 1980s but Atari has been playing catch-up with bigger and more successful gaming companies ever since. Chesnais will hope that his latest crypto casino move will change that.
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