Atari Token (ATRI) Review
ATARI Chain, Ltd., in Gibraltar, is responsible for developing the ATARI Network of smart platforms using the ATARI Token. The ATARI Token is the mechanism through which customers of ATARI-provided products and services trade goods and services on the ATARI Network.
The long-term objective is for the ATARI Token to become the dominant token for use inside games, or as a method of exchange for services and products. Incentives for staking and ecosystem development activities are provided as rewards for ATARI Token ownership.
What Is The Atari Token?
A token designed for use in the gaming industry, known as the Atari Token, may be used interchangeably. This gaming software was created by a well-known American gaming corporation, and it gained the strong reputation that it now has.
Atari has a total supply of over 7 billion tokens, of which approximately 25% is the founder’s strategic asset portfolio, 25% is the ecosystem development fund, 20% is private and public sales and related bonuses, and 10% each is to be held for ecosystem development and compensation for potential funders.
How Token Economics Works
To help monitor the development of the network, ATARI Chain, Ltd. employs a token burn and/or buyback economic strategy that issues new tokens into circulating supply to match network growth, demand, and use. It is a standard industry practice to burn tokens at a predefined rate.
This deflationary strategy will be publicly and transparently visible on the blockchain. Unsold tokens will be burned.
Is There Going To Be An Atari Wallet?
At present, Atari’s wallet is in the development stage. The application will be accessible for both Android and iOS-powered smartphones. Built-in exchange, credit cards, SMS, email, and chat assistance are all included in the wallet.
What Are The Future Plans?
According to Atari, the long-awaited Atari VCS, which is their first new system in over 20 years, will ship in November and have an internet connection. Players will be able to use Atari Tokens to purchase items from the game’s virtual market.
Atari was an enormously popular pioneer in the gaming industry when it was first introduced, but it has witnessed a stunning fall from grace in recent years. It is part of the company’s overall endeavor to stay relevant and reclaim some of its past grandeur by launching a new console and the Atari crypto token.
Further Atari Token Information
- Price $0.0044
- Market Cap