Atari, the age-old gaming giant and video game producer, has partnered with Litecoin Foundation to take advantage of the overlap between the crypto and gaming communities.
It has been reported that Atari has raised 74.19 Bitcoin (BTC), worth around $514,000, over the course of the presale stage of its initial coin offering up to now, as the funds came mostly from partners.
However, Atari will not only accept investments in Litecoin (LTC), Bitcoin and Ether (ETH), but gamers will be able to pay for its upcoming Video Computer System (VCS) with Litecoin and receive a discount, as it will be available at the foundation’s online store.
For all you @Atari flashback fans out there, get ready to use Litecoin for everything from games to hotels. Atari and the Litecoin Foundation announcing the start of their partnership: https://t.co/UDln0DsEKU pic.twitter.com/gSIPrCmftR — Litecoin Foundation (@LTCFoundation) May 19, 2020
Frederic Chesnais, the CEO of Atari, said:
“I hope [Litecoin’s] is a big community. There’s a good overlap. At the end of the day, we are just hoping that people will take advantage of the discounts, and will take advantage of the opportunity to use Litecoin as well.”
Jay Milla, the head of marketing at the Litecoin Foundation, said:
“We both have a fantastic connection to gaming or gamers as well. In the digital currency space, obviously, there are a lot of people that are in the gaming space and gaming space are usually people that are first early adopters. And it’s great to see a brand like Atari reinvent itself. And there are plans for us to see ways that we can work together in everything that Atari is doing.”
Atari partners with Litecoin Foundation — buy game consoles with LTC https://t.co/tcI7PPXwax — Cointelegraph (@Cointelegraph) May 19, 2020
Likewise, Chesnais said that the VCS could be used to work on a variety of blockchain use cases, by stating:
“The VCS is very interesting. It’s your personal computer. So I think in the crypto community, it could become one of the platforms, which is very flexible and you can use that to work on the Blockchain cases.”
As per the report, the gaming industry has become one of the hottest areas for the adoption of blockchain technology.
Thus, this partnership could further contribute to the adoption of blockchain and cryptocurrency in the gaming space.
Source: Cointelegraph | Image: SUWalls