Atari Announces New World-wide-web3 Initiative and Reaffirms Determination
to Blockchain Enterprise
Paris, 24 May, 2022 6:45pm – Atari SA and its subsidiaries (“Atari”), one of the world’s most iconic buyer brands and interactive enjoyment producers, announces Atari X, an initiative that consolidates Atari’s blockchain pursuits into a unified operation that is wholly managed by Atari. The initiative will travel the progress of a robust blockchain ecosystem that intertwines gaming, utility, and local community. In asserting Atari X, Atari reaffirms its dedication to blockchain, and its perception that blockchain is an essential ingredient of Atari’s business and tactic.
“We believe that that blockchain will go on to mature to be a important part of our business enterprise, and will develop new methods for us to interact and collaborate with companions, gamers and followers of our brand,” explained Wade Rosen, Chairman and CEO of Atari. “Atari X is where we will harness all of our electricity and creativity relevant to blockchain and make out an interesting Internet3 ecosystem for our group.”
Inside of Atari X, the Company is already operating on the creation of the new branded token. Atari introduced its intention to do this on April 18, 2022 and has made progress constructing out the workforce, including key companions, and is operating to determine the utility, governance, and tokenomics of the new branded token. Atari has entered into an settlement with NiftyLabs to be the token project’s main developer.
“NiftyLabs has a wise, dynamic group that is effectively-aligned with our plans and our small business solution,” stated Rosen. “We are thrilled to have NiftyLabs doing work on our new token and trade, and participating in the improvement of our blockchain strategy.”
Atari is actively partnering with developer NiftyLabs, metaverse and NFT innovation and investment platform Everyrealm, the rising technologies business Digital Human Studios, the open up-entire world metaverse The Sandbox, and the metaverse arcade practical experience studio Arcade O.G.
In addition, the Enterprise will continue to pursue collaborations with large-good quality associates that are pushing boundaries in just World wide web3 in order to construct out its ecosystem additional robustly and much more quickly. These collaborations will generate alternatives for creativeness and innovation, produce worth and utility, and deliver new customers to extend the neighborhood.
“Atari is a pioneer in movie game titles and also the to start with match studio that embraced person-created information and the immersive choices of the Metaverse, launching their to start with NFTs on The Sandbox gaming digital entire world,” reported Sébastien Borget, co-founder and COO, The Sandbox. “They just take a quite open-minded strategy to operate with our groups creatively – from making a social hub for their fans to refreshing their most legendary licenses in 3D with multiplayer gameplay and partaking quests. We are unable to wait around for players to engage with them on our system.“
Atari also announces new social media channels in buy to assist communications and community setting up. Stay up to date on the Atari X initiative on Twitter (@AtariX__) and sign up for the Atari X local community on Discord (https://discord.gg/mhr6bPpJAX).
Atari, comprised of Atari SA and its subsidiaries, is a worldwide interactive leisure and multiplatform licensing team. The legitimate innovator of the video game, started in 1972, Atari owns and/or manages a portfolio of much more than 200 games and franchises, such as globally regarded models these as Asteroids®, Centipede®, Missile Command® and Pong®. From this vital portfolio of intellectual properties, Atari delivers interesting on the net video games for smartphones, tablets, and other related equipment. Atari also develops and distributes interactive amusement for Microsoft, Sony and Nintendo sport consoles. Atari also leverages its brand name and franchises with licensing agreements as a result of other media, by-product items and publishing. For additional information: www.atari.com and www.atari-investisseurs.fr/en/. Atari shares are detailed in France on Euronext Paris (Compartment C, ISIN Code FR0010478248, Ticker ATA) and are qualified for the Nasdaq International method in the United States (OTC – Ticker PONGF).
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Gaming. Atari will create enjoyment, interesting experiences for players and establish community with an expanded presence in Net3 gaming.
Utility. Atari will make utility a main component of World-wide-web3 initiatives to be certain they are related, tangible, beneficial and sustainable to individuals and to the broader community. This includes our token, what we do in the metaverse, blockchain gaming, and NFT initiatives.
Group. Atari believes that in the decentralized landscape of World-wide-web3, community is a necessity. The company will layout projects that motivate participation and suggestions, and give the community an active voice.
- Atari X Push Release_20220524