The world is constantly changing, with technology evolving rapidly. Innovations are always opening people’s eyes to what is possible.
One of the sectors that have exploded the most in recent years has been the world of cryptocurrencies, NFTs, and the metaverse. Countless projects are bringing these different forms of technology together in some shape or form.
Atari is one of the most iconic video game companies in the world. It is now getting into this realm by launching a virtual casino.
Atari’s Evolution as a Company
Atari is a leading company in the video game industry that has been around since the early 1970s. In its early years in business, it brought the first home video game consoles to the market. Many popular gaming titles came with the Atari 2600 including the likes of Pong and Space Invaders. They started a revolution in the video game space, changing the world forever because of their efforts.
Atari has released dozens of great games since their first-generation console. Unfortunately, there were a few choppy decades for Atari, with the company’s ownership and management changing on several occasions. As a result, the company has shifted its focus many times.
However, one innovative theme emerging from Atari’s think tank has been an interest in the world of online gambling. With so many opportunities in this field, Atari wants to use its expertise to develop something unique and powerful. Big plans are currently in the works for Atari.
What Makes Crypto Casinos Stand Out?
With the rise of cryptocurrencies over the past few years, many opportunities in existing markets have emerged. One such area of interest is online gambling, a hobby loved globally by countless people. Therefore, several entrepreneurs created casino sites that allow gamblers to use cryptocurrencies to fund their accounts.
There are varying levels of crypto casinos. Some will be very hardcore in their approach, while others are a blend of traditional types of online casinos and crypto casinos. Generally, you will find a massive range of games available on these platforms.
Big bonus offers, massive bet sizes, and lightning-quick payments are some features you’ll find at the best Bitcoin casinos. Many users also feel crypto gambling sites provide a higher level of security and anonymity due to their implementation of blockchain technology. Therefore, many companies are focusing more and more on the crypto casino space.
Atari’s Token and NFTs
As part of its stepping into the world of cryptocurrencies and blockchain, Atari decided to create a token. The Atari Token has been around since 2020. A partnership with the ICICB Group saw the development of this digital token. The Atari token already acts as a form of payment for an online casino that is available through Atari’s website. The Ethereum ERC-20 token has proven popular since its launch.
Additionally, Atari has put effort into the non-fungible token (NFT) market. It has partnered up with blockchain gaming platform Enjin in this regard. Their partnership launched a range of NFTs already through the Fabricant digital fashion operation.
As a result of its relationship with Enjin, developers can create Atari-branded blockchain-based games. This is possible because of licensing agreements and is only going to boost the awareness of the Atari brand across the metaverse community.
What Casino Games Will Be on Offer?
Atari has proven its knowledge of what gamers want. It aims to use its experience to create an environment that will attract gamblers due to its authenticity and uniqueness. Atari wants people to feel like they’re sitting at a real casino table when using the virtual casino.
Therefore, all sorts of leading types of games are going to be available as part of the offering. Atari has gotten Decentral Games on board to help with the rollout of titles. It appears that all the types of casino games that you would expect to be a part of such a platform will be in place. This includes everything from baccarat to roulette, slots, blackjack, and poker titles.
What is Virtual Real Estate?
As the idea of the metaverse expands and more people catch on, the quicker the growth levels will be. Virtual real estate is something that many people and companies across the world have been snapping up in recent times so that they are in a solid position to capitalize once a high number of people are in the metaverse.
People who own digital real estate will be able to use it in much the same way as if they had physical real estate. This includes having the ability to rent out these pieces of land to those who are looking to offer some sort of good or service.
Atari’s virtual casino already has a virtual real estate site. It is in the Vegas City area of the Decentraland metaverse. This is almost a replica of the leading gambling destinations in the world today.
What Will the Future Be Like?
While nobody has a crystal ball, it looks like the metaverse is going to be around for a very long time. While Atari is taking a bit of a gamble by focusing most of its efforts on this space, the company took a similar approach at the beginning of its life when it managed to be a trailblazer in the video game space.
There will likely be many obstacles in the future, including gambling regulators and engagement with potential gamblers. However, Atari will certainly be doing everything in its power to make this venture an absolute success.
David is a crypto enthusiast and an expert in personal finance. He has created numerous publications for different platforms. He loves to explore new things, and that’s how he discovered blockchain in the first place.