Atari Chain Publicizes it Will Begin Utilizing Fantom and Sees a 72% Enhance for its Token (ATRI)

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ATRI, the token of Atari Chain, has recorded a giant rise of 72% inside hours after their announcement to begin utilizing Fantom blockchain. Atari Chain is the blockchain subsidiary created by the gaming pioneer Atari and ICICB Group

Atari is most well-known for being one of many first and largest online game creators on this planet. They grew to become a family title in 1972 with the discharge of the Atari 2600 Video Pc System. Video games like Pong, Area Invaders, Frogger and Breakout solidified them in gaming historical past.

A division of Atari referred to as Atari Chain dived into the blockchain world in 2020 with the discharge of their very own cryptocurrency referred to as Atari Token (ATRI). It’s meant to be a way of fee inside the interactive leisure company and lives on the Ethereum blockchain and is suitable with the cryptocurrency’s ERC-20 compatibility customary.

On September 1st 2021, Atari Token (ATRI) paired with the decentralized finance platform Fantom (FTM). The Fantom (FTM) blockchain is an affordable platform that processes transfers virtually instantly. The token skilled an enormous value surge of greater than 72% at its peak and reached an all-time excessive of .084USD on SpiritSwap.

Revered DeFi developer Andre Cronje, an outspoken supporter of the Fantom (FTM) platform tweeted in regards to the Atari Token (ATRI) on September 1st.

atari

Fantom (FTM) solves many of the issues posed by the Ethereum blockchains, particularly by approving transfers of funds instantaneously and dramatically lowering the price of transaction charges. Now you can swap a single ATRI token and keep away from large transaction prices.

Earlier than this, Atari Tokens (ATRI) had been traded on the pricey Uniswap and Bitcoin.com Alternate platforms. The brink to buy tokens was too excessive for a lot of shoppers. You will need to word that Atari Tokens are nonetheless accessible on the unique platform and solely about twenty p.c of the tokens have been shifted to Fantom.

You’ll be able to at the moment commerce the tokens on most main dexes supported by Fantom like SpiritSwap, ZooCoin, and likewise on the favored ETH dex Uniswap.

This transfer excited traders and patrons and led to an enormous improve in worth for the token. It began the morning of August thirty first hovering round .049USD. By the tip of the following day, September 1st, the value had skyrocketed greater than 72% to a last value of .082 USD.

On the time of writing this text on September 2nd, the value was holding regular at .078USD in response to CoinMarketCap.com

Atari Token’s market cap is comparatively low sitting at $65 million on the time this text was written. It’s circulating a provide of roughly 890k cash and has a most quantity of seven.7billion cash accessible. For sure, there may be nonetheless a whole lot of upside to ATRI.

Following within the footsteps of its low value level historical past within the online game console world, the corporate is working laborious to make the Atari Token (ATRI) simply accessible and reasonably priced to all individuals. Their intention is to permit gamers to wager tokens towards one another in skill-based video games the place the winner takes all.

The Atari VCS is the corporate’s most up-to-date gaming venture. It’s a utterly trendy gaming and laptop system that blends a gaming console and private laptop. The glossy system was manufactured with the power for use as a node to validate blockchain transactions.

It may be readily assumed that Atari will use the VCS platform to start swapping Atari Tokens (ATRI) between gamers. Atari plans to launch on-line multiplayer video games, a on line casino and even a betting platform that use their tokens.

 

 



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