The video game industry, and the Interactive Entertainment Industry, are full of opportunities for distributed ledger technology integration and blockchain.
Atari is one of the earliest successful arcade game and video game companies. This company was co-founded in California in 1972 by Nolan Bushnell and Ted Dabney. Since Nov 2020, Atari Chain Ltd. has been developing its own network of smart platforms, online casinos, and video games which will support deep integration with ATRI and enjoy the benefits associated with blockchain-based decentralized cryptocurrencies.
Atari Token is a decentralized cryptocurrency Ethereum- based native token that is used for the needs of the interactive entertainment industry. This token serves as a medium of exchange within the ATARI Network for various ATARI goods and services, including those of ATARI’s partners. Also, the ATARI token is used for staking incentives, rewards, and ecosystem development programs. The skill-based video games that allow players to stake ATRI tokens against each other is one possible example offered by Atari Chain. In this case, the winner can immediately convert the reward into any ERC-20 compatible exchange where ATRI is listed or the U.S. dollar.
ATARI Token Main Goal:
The primary target market of Atari Token is the interactive entertainment industry via ATRI token and creating a decentralized, permissionless, and secure means of transfer of value between individual players and/or video game platforms.
They are also allowing developers and publishers new options for exploiting their products, integrating smart contracts, protecting in-game assets, and so much more.
Like any other cryptocurrency, the Atari Token is digital money used for services and goods on the Atari platform. The Atari Token is almost new, and partners are still developing the platforms and games to use it.
Based on the recent announcement, Atari said that along with its existing work in cryptocurrency, it will be entering the non-fungible tokens (NFTs) market.
Atari is far from the first company to capitalize on the NFTs craze. that allow exclusively-digital assets to be considered "authentic" similar to a physical collector's item. NFTs are made up of a variety of digital assets. For example, famous memes to clips of iconic basketball plays, and much more. NFTs caught the attention of gamers by The Castle Doctrine which is a game whose owners infamously monetized its pixel art as NFTs without artists' consent. Moreover, Nolan Bushnell announced on Sep 27, 2021, that Is launching augmented reality NFTs on Ethereum. All of the NFTs let owners view the arcade machine in 3D via augmented reality technology!
If you have already invested in ATARI, the most important financial factor for you would be Return on Investment (ROI). The annual ATARI's ROI was 167%. Also, it provided investors with a 185% profit over the last month. Based on the report, the ROI of similar projects yield is about 1,418%.
NFT Gaming industry is famous these days. According to ATARI's social media, this token popularity on Twitter went up by 44% just during the last three months. However, the most impressive part of the story is the number of Telegram channels users and its growth skyrocketed, 399%. However, the Reddit growth rate was zero during the last months.
Market cap is a critical factor when financially analyzing an NFT project. The buzz around ATARI has been picking up the token over November 2021, going up from the rank of 621 on October 31, 2021, to 403, at the time of writing this post (November 10). ATARI's price also rose from $0.042 to $0.15 over the same time frame.
Liquidity score is a metric that determines how hard it would be to trade an NFT in bear markets. Our data show that ATARI's liquidity score is 27% below the cryptocurrency market's average score.
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