Atari (ATRI)

 Basics

• Has been in the works since at least early 2018.
• Testnet
• Mainnet release:
• Based in:

History

• From Forbes (16-10-2020):

"Weeks before releasing its first new console in over 20 years, Atari is setting out to dominate the videogame industry’s crypto market with the sale of $1 million worth of Atari Tokens later this month, in it hopes that the tokens will become the standard currency throughout the sector."

• From The Defiant (8-1-2021) with the CEO:

"So initially, I'm more an investor, a banker, and a lawyer, so more somebody who invests. I’m not a tech guy. In 2000, I joined a company, Infogrames. We were doing video games and Infogrames had just bought the Atari brand from Hasbro. We named the company Atari. It was our company. Basically, we were just a team of managers. In 2006/2007, a hedge fund became the largest shareholder so we all left.

The company was renamed Atari throughout the world at the time, and the hedge fund finally had some issues, some troubles. So the hedge fund went into liquidation in 2012-2013. They called me and I was able to come back in 2013. I engineered the turnaround. Atari was in bankruptcy, I became the largest shareholder, and we've been rebooting the company since then. But at the time, the situation was pretty desperate, because they had like 1 million euros of revenue, and more than 30 million euros of debt.

I came back early 2013. So today the company does games. Right now we have no more debt, we’re doing a road-to-revenue in the range of 24-25 million euros."

Audits & Exploits

• Bug bounty program can be found [insert here].

Token

Launch

• From CoinDesk (1-10-2020):

"Investors and game players have bought $1.5 million in ATRI tokens through two private pre-sales that priced the token at $0.08 cents, Atari said. A third pre-sale is ongoing."

• From Forbes (16-10-2020):

'The tokens will be available from October 29 on Bitcoin.com Exchange, costing retail investors outside of the U.S. 25 cents each.'

Utility

• From Forbes (16-10-2020):

"Tokens can initially be used for in-game purchases and for partner games, with the Pong developer aspiring for use throughout the entire gaming ecosystem.'

• From The Defiant (8-1-2021):

"The token is an erc20, which Atari hopes will get used across any game, not just their own. With the token, users will be able to buy Atari NFTs, which include wearables to make a fashion statement in the metaverse."

Stablecoin

• Bloomberg reports (16-10-2020) that the company is also developing a gaming stablecoin, which would be less volatile than most tokens, but added that it is not close to launching.

Technology

• Whitepaper can be found [insert here].
• Code can be viewed [insert here].

Implementations

• Built on: Ethereum, ERC20

Scaling

• Will go onto Polygon (3-2021).

Their Other Projects

Atari VCS

• From The Defiant (8-1-2021):

"We are launching a new hardware product. It's a mini-computer. It is not a console. It is a mini-computer with some console environment. It's called the Atari Video Computer System, VCS. We've been working on this project for quite some time, very happy about it. The first feedback is great. It is a computer. It is not a console. On the computer, you will have some blockchain related activities, some content, some games on the blockchain. So second activity: Video Computer System, hardware."

Roadmap

• Can be found [Insert link here].

Usage

Projects that use or built on it

• From Decrypt (12-11-2020):

"Arkane Network has also agreed to implement the Atari Token within its decentralized app development platform, potentially leading to its inclusion in future games from other creators."

Team, Funding, Partners

Team

• Full team can be found [here].
• Fred Chesnias; CEO

Funding

• From The Defiant (8-1-2021):

"Right now we have no more debt, we’re doing a road-to-revenue in the range of 24-25 million euros."

Partners

• From Decrypt (12-11-2020):

"The company has also announced partnerships with other online games and services that plan to implement the Atari Token, providing further opportunities to make use of it.

Atari has also partnered with Animoca Brands, a major player in crypto games thanks to titles like The Sandbox and F1 Delta Time, to develop blockchain-powered versions of classic Atari games like Asteroids and Centipede. These games will be playable on the VCS."

• Is joining Decentraland (22-1-2021).
• Bondly; partnered to launch NFTs for a variety of applications (13-3-2021).
• Announced (3-2020) partnership with Sandbox (SAND).

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