If you believe news about cryptocurrency market this week are enough crazy, you need to listen it: Atari will come into cryptomarket. No, you didn’t read wrong, it’s planning its entry and its currency will be “Atary token”. Here’s Atari CEO Fred Chesnais speaking in regards to the thought in a press release:
“Blockchain technologies is poised to take an incredibly critical location in our environment and to transform, if not revolutionize, the current economic ecosystem, especially in the regions in the video game industry and online transactions. Given our technological strengths with all the development studios, and also the worldwide reputation on the Atari brand, we’ve the chance to position ourselves attractively in this sector. Our objective will be to take strategic positions having a limited money risk, to be able to optimize the assets and also the Atari brand.”
I assume the key words you’ll find “the Atari brand,” as like a related push into cryptocurrency from Kodak a number of months ago, this seems like a approach to attach a well-known name to a well-liked trend in an effort to create interest and probably enhance the fortunes of a fading organization. However the crypto marketplace continues to be so all more than the spot, it could actually operate. Like any business that starts speaking crypto, Atari stock has jumped 60% since the news broke.