The Atari Token is a digital asset that is used to purchase goods and services within the Atari ecosystem. The token is based on the Ethereum blockchain and is ERC20 compliant. The total supply of Atari Tokens is 1 billion, with 50% of the tokens being sold during the ICO. The remaining 50% of the tokens will be used for marketing, operational, and strategic expenses.
The ICO price for the token was $0.01 USD.
The use of blockchain technology will allow for a secure and transparent way to conduct transactions within the Atari ecosystem. The use of smart contracts will also help to automate many of the processes that are currently manual.
This will help to reduce costs and increase efficiency.
The Atari Token can be used to purchase a variety of goods and services within the Atari ecosystem, including games, virtual items, and in-game currency. The token can also be used to participate in special events and lottery drAWS.
The team behind the Atari Token is experienced in both the gaming and blockchain industries. The CEO, Frederic Chesnais, is a co-founder of Infogrames, which later became Atari SA.
He has also served as the CEO of Gameloft SE. Other members of the team include Jean-Charles Guibert, who is a co-founder of Ouya and chief creative officer at Gameloft SE, and Antoine Nussenbaum, who is a co-founder of Ouya and general partner at Kima Ventures.
The Atari Token ICO was conducted in October 2017 and raised $3 million USD. The tokens were sold at a price of $0.01 USD each.
There was a total supply of 1 billion tokens, with 50% of the tokens being sold during the ICO. The remaining 50% of the tokens are being held by the company for marketing, operational, and strategic expenses.