The entertainment software company plans to start an online cryptocurrency casino in partnership with Decentral Games next month. The Atari-branded casino will be built in “Vegas City” – a gaming district in Ethereum-based Decentraland‘s metaverse and rented on an initial two-year term.
The casino is developed in partnership with Decentral Games on the Ethereum blockchain. It will include Atari-themed games and Atari non-fungible tokens (NFTs), which can be leveraged to earn more digital currency. According to the companies statement, they expect bets of $150 million in 2021 and $400 million over two years.
Players will be able to earn Decentral Games’ native token ($DG) by playing with MANA (+22.1%), DAI (+0.07%), and Atari tokens.
Frederic Chesnais, the Atari CEO, said recently in the announcement: “By collaborating with Decentral Games, we can move the Atari gaming experience onto the blockchain.”
Chesnais has been trying to make Atari more modern and relevant. Atari’s predecessor companies raised a whole generation of gamers with arcade and home titles.
Decentral Games is backed by Digital Currency Group, whose main subsidiary Grayscale Investments LLC administers the largest traded Bitcoin fund.
Casinos on the blockchain have attracted a mix of skepticism and enthusiasm, nevertheless, with crypto fans seeing them as the future of gambling and conducting hundreds of millions of dollars in transactions on networks.