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Atari is on Track to Launching Two Blockchain Based Games

Atari is on Track to Launching Two Blockchain Based Games

Coinbase European

Atari, a Gaming-Giant video game company has recently announced a new partnership. This partnership will see to the update of two popular games in a way that they will be exploiting Blockchain technology to function.

Two Games to be Relaunched

The company released a statement which consists of the information on how the gaming company has formed a partnership with Animoca Brands, a Blockchain startup company.

This is a bid by the company to relaunch two of its well-known mobile games.

The content of the agreement between the two parties includes the right to the development and global distribution of “RollerCoaster Tycoon Touch” and “Goon Squad,” by Animoca Brands.

RollerCoaster Tycoon Touch especially has gathered over 19 million downloads, thereby providing a medium for exposure to a gaming fan base that may be familiar with Atari games which includes the well-known Tetris and Pacman.

The agreement also consists of a contract between Atari and Animoca Brands which allows them to go after mutual opportunities for the development of gaming and blockchain technology, therefore, creating an overview of the direction of the forward movement of the company.

Other gaming companies have been trying to do the same thing that Atari is hoping to achieve with this move. Recently, Justin Sun, the Chief Executive Officer at TRON and the TRON Foundation, Justin Sun, made it known that the company has formed a partnership with Game.com in order to create a blockchain and crypto focused game design.

Atari Stock is on the Rise

Earlier in the year, Atari’s stock, despite the fall in al coin prices, rose by over 60 percent after the announcement of a new initiative that has to do with investing in cryptocurrency. Therefore, this is not the first time the company has been connected to potential crypto and blockchain developments. The company has also launched its own coin, the Atari Token.

Animoca Brands also released a statement in which it disclosed the company’s intention to launch the updated blockchain version of Atari’s games by the second half of 2019 and have the licence agreement active till March 2022.