The Atari Group, one of the world’s most iconic interactive entertainment producers, announces details of the upcoming public sale of the ATRI token. Exactly, on the Bitcoin.com Exchange.
Basically, Atari is evolving and envisioning a new mission to conquer the crypto space. Mainly, by creating a token to boost the video game industry.
Atari’s goal is to develop the adoption and use cases of the ATRI token throughout the ecosystem. As a consequence, it has already entered into many association to promote this goal.
For its part, its plans also include expanding into the field of decentralized finance (DeFi). And thus, finance the development of new games.
The public sale of the Atari token
Specifically, the public sale is implemented by Atari Chain. Additionally, the Atari Group is entitled to 25% of the revenue from the sales of the ATRI token. In fact, they will be destined to sponsor new platforms and use cases, in order to promote the growth of the Atari network.
- 20% will be in an ecosystem development fund. They will be distributed monthly for three years.
- Another 10% has already been distributed at USD 0.08 and USD 0.16 in pre-sales. Which were held between March, April and September.
- 10% to be distributed at the public sale on October 29.
Indeed, this public sale of the Atari Token on the Bitcoin.com exchange will begin on October 29. It should be noted that the price for Atari Token has been set at $ 0.25 per token, with a maximum limit for public sale of $ 1 million. However, US investors will not be able to participate.
As a curious fact, the Atari Token will be listed on the Bitcoin.com Exchange, after the completion of the public sale.
What do the experts think?
In this regard, Frédéric Chesnais, CEO of Atari said:
“Teaming up with Bitcoin.com was a natural choice for Atari.”
In addition, he added: “Both teams are working hand in hand to achieve mass adoption of the Atari Token. With the aim of providing the best experience in the video game industry and interactive entertainment”.
For this purpose, Danish Chaudhry, Director of the Exchange Bitcoin.com stated:
“The upcoming launch of the Atari Token public sale has the team and me in ecstasy.”
After all: “The platform provides all the necessary details for our community to understand more about the Atari Token. At the same time, giving merchants the ability to approve KYC prior to public sale«.
Undoubtedly, potential buyers of the Atari token can now register and continue with the KYC / AML procedures. Using the registration page configured on the platform IEO of Bitcoin.com Exchange.
Public sale details
- Token name: Atari Token (ATRI).
- Token type: ERC-20. Which means that it is built on the main Ethereum (ETH) network.
- Public sale date: October 29, 2020.
- Price offered for 1 ATRI: $ 0.25.
- Hard Cap: $ 1,000,000 (one million US dollars).
- Current Offer before the public sale: 68.7 million ATRI tokens.
- Valuation of the Current Offer before the public sale, based on the Offered Price per 1 ATRI: $ 17.2 million.
As is known, it is a global interactive entertainment group. It was founded in 1972. Very important, it has a wallet of more than 200 games and franchises, including world-renowned brands.
Currently, Atari offers attractive online games for smartphones, tablets. And other connected devices.
It also develops and distributes interactive entertainment for Microsoft, Sony and Nintendo game consoles.
To conclude, will you enter the public sale of the Atari token (ATRI)? Leave us your opinion in the comment box.
I say goodbye with this phrase from Albert Einstein: “Play is the highest form of inquiry”.