There are certain things that will always remain dear to the 90’s kids and of those things include Atari games. Before the gaming world entered into the whole debacle about PlayStation versus the Xbox, people were engrossed in playing away all games Atari. And even though Atari did not die down as others entered the video game territory, it was however, certainly out of its golden era. Now the gaming company is ready to step into the future as it embraces the blockchain technology.
The company that is famous for the timeless classics of the video game world, like Tetris and Pac Man recently announced its decision to enter into a license agreement with the blockchain startup, Animoca Brands. The purpose of this alliance is to give to the world blockchain versions of the two most popular mobile games.
According to the press release that was published on the 18th of December, the rights agreement allows Animoca to both, produce and publish blockchain versions of “RollerCoaster Tycoon Touch” and “Goon Squad”. The renewed blockchain versions of the games will hot the market globally, except China, Hong Kong, Taiwan and Macau.
One of the games, the RollerCoaster Tycoon Touch, apparently has “19 million downloads” worldwide, according to the press release. Also, the game has reportedly witnessed a boost owing to some new features that includes the “Water Park” expansion, plus a partnership with “Foodgod” Jonathan Cheban.
According to reports, both Atari and Animoca have also entered into a Memorandum of Understanding (MoU), in order to further explore mutual opportunities in the sectors of gaming, product development and blockchain technology as well.
The license agreement spans the course of 3 years and extends through to the March of 2022. And according to the terms of the license agreement, Animoca’s version of the both games will have the added feature of non-fungible tokens (NFT).
As for the rights, Animoca has reportedly paid Atari what is said to a minimum guarantee against future revenues of $250,000, payable in shares of the company’s stock. And it is gearing to publish its very first version in the second half of 2019.
The reason behind Atari’s blockchain powered partnership is probably a result of the hike in its share price back in February. The company saw its share price literally skyrocket by over 60 per cent, following its announcement of its plans to invest in cryptocurrency. Clearly, people are into cryptos and Atari is cashing in on that. This year too, the firm created its very own digital currency known as the Atari token. It also partnered with an online crypto casino.
Till then stay tuned to BlockPublisher, to see where the blockchain tech takes our beloved gaming giant.