Legendary gaming brand Atari to create the world’s first online casino on the blockchain. It will be possible to pay with videos and tweets. Cryptocurrency and blockchain fans see them as the future of the gambling business. And Atari has decided to add fuel to this fire.
The legendary, but slightly forgotten these days, Atari, which at one time did a lot for the development of the gaming industry, can now play a key role in the transformation of the gambling industry. Atari is developing an online casino on the Ethereum blockchain technology in partnership with Decentral Games, Gizmodo reports. The casino will be based on Atari-themed games and non-fungible tokens.
As the company explains, all this “will help transfer the Atari gaming process to the blockchain.” The essence of non-fungible tokens is their uniqueness. That is, one token cannot be replaced by another (unlike other cryptography, in which tokens are interchangeable).
By the end of this year, the total turnover of the gaming platform will be $150 million, Atari expects. But over the next two years, it will grow to $400 million. Non-fungible tokens (NFTs) have recently become increasingly popular as an alternative investment tool. Tokens can be digital art objects, including online games, accounts, video clips and audio recordings. Even tweets of famous people. For example, Twitter founder Jack Dorsey recently put his very first tweet up for sale for $2.5 million.
Read also: Gambling Goes to a Financial Record.
Many investors have turned their attention to NFTs and are already buying them for large sums, expecting that they will be worth more in the future. Did you find the news interesting and informative? Want more of the gambling news online and stay updated on the events? Biggest casino openings, scandals, and legal battles – follow hot gambling stories. Subscribe to our ‘Gambling News’ section and receive notifications about fresh publications.
