April 23, 2024

Video game developer Atari will release a game token

American computer game developer Atari has begun pre-sale of its token, which canused in games on the platform or exchanged for other crypto assets.

For the first time the company announced plans to releaseown token two years ago. Now Atari is launching a pre-sale that will run from March 15th to May 15th. The first of five public rounds will begin on March 20. The release of tokens is scheduled for August 1.

According to the development team, the Atari token can be used for decentralized trading of assets within games, as well as for exchanging for other crypto assets on exchanges. The company notes:

"Atari token can be used in video gamesfor decentralized asset trading between players. The advantage of this approach is to provide players with a standard way to trade their gaming assets. There are also many other options for using the token, for example, at Atari Smart Casino, where you can compete with other players, and your skills play a key role.

Pre-sale participants maypurchase an Atari token for various crypto assets, including BTC, ETH, LTC and BTC, as well as for fiat currencies through credit cards or bank transfers. Those who purchase Atari tokens during the pre-sale will be provided with vouchers for receiving tokens after their release in August.

The company says the Atari token will appear onexchanges in the second half of 2020. Token holders will be able to store their assets in the Atari multi-currency wallet, which currently only supports BTC. The version of the wallet for Android is now at the testing stage, and the team plans to integrate Atari tokens into it as soon as they appear on the exchanges.

Game tokens are increasingly usedpopular and have already attracted the attention of regulators. So, in the middle of last month, the US Internal Revenue Service excluded gaming tokens from the definition of virtual currency.

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