The gaming giant has been developing a personalised token solution, Ethereum’s ERC-20-based Atari Token (ATRI), which will be used in the company’s dApps and competitive staking games.
Atari is focusing on gambling and gaming solutions where the currency of exchange will be the ATRI.
For its Initial Exchange Offering (IEO), Atari will partner with Bitcoin.com and launch the sale from there.
Commenting on these events, CEO Fred Chesnais has confirmed that the sale should end very quickly.
According to him, though, there are still a few unknowns, such as the amount that will be put up for sale.
Meanwhile, investors will be able to choose from four cryptocurrencies to purchase the ATRI.
Those cryptocurrencies include Bitcoin, Bitcoin Cash, Ethereum, and Litecoin.
Atari has warned USA residents that they will not be able to purchase tokens from the IEO.
Next month’s sale will be the first public bid by the company, which has already generated estimated $1.5million in private sales so far.
Atari is hoping that the ATRI token and dedicated gambling solutions would allow the company to position itself back in the gaming industry.
Atari is partnering with ICICB Group, the main company behind Atari’s casino push.
As Chesnais says, though, Atari’s main object with the casino is to create a fun environment for players to enjoy.
Atari is far from the first company to have embarked on the development of casino gaming solutions in the blockchain sector.