Atari Token: Agreement with Bitcoin.com Exchange for a Public Sale and Listing of the Atari Token in November 2020
- The public sale of the Atari Token is slated for November 2020, with a listing on Bitcoin.com Exchange upon completion; Details to be released in the next few weeks by Bitcoin.com Exchange
- Atari announces new partnerships, such as Ultra.io
- The 3rd round is currently live and will close before the public sale
Paris, France, October 1, 2020 – The Atari Group, one of the world’s most iconic consumer brands and interactive entertainment producers, announces today an agreement with Bitcoin.com Exchange for a public sale and the listing of the Atari Token (ATRI) on Bitcoin.com Exchange.
The public sale is slated for early November 2020, with details to be announced in the next few weeks by Bitcoin.com Exchange. During all these sales, the Atari Token can only be purchased using the following mainstream crypto-currencies: Bitcoin, Ethereum, Litecoin, Bitcoin Cash.
This public sale and the listing constitute a very important milestone for the Atari blockchain project, providing liquidity to the token holders, and paving the way for future collaborations and the development of the Atari blockchain eco-system.
The Atari Group has recently entered into many additional partnership agreements to progressively develop the adoption and the use cases of the Atari Token throughout the ecosystem of interactive entertainment and of blockchain initiatives. The first use cases are in the domains where the Group is already active: casinos using crypto-currencies, video games or blockchain games. The list of such partnerships is available at www.atarichain.com. With Ultra.io, a blockchain-based game distribution platform, the Atari Token will be utilized within the Ultra.io ecosystem.
The public sale is implemented by Atari Chain, Ltd (“Atari Chain”), a subsidiary of Atari, SA, held in parity with the ICICB Group and based in Gibraltar. The Atari Group is entitled to 35% of the revenue derived from the sales of the Atari Token.
During the 1st round of pre-sales of the Atari Token, $514K was transacted at a price per token of $0.08 each, corresponding to 74.19 BTC at the then current price of the Bitcoin. The amount was mainly contributed by the partners to fund development of the project. The main goal of this first round was essentially to stress-test the platform, validate the user interface and audit the backend system. Atari Chain closed a 2nd round of private sales for an amount of $1 million at the same price of $0.08, raised from third parties and from its business partner ICICB. The Hard Cap has been reached. The 3rd round is currently live and will close before the public sale.
The project documentation (White Paper, Strategy paper, Tokenomics) is available at www.atarichain.com, together with the Atari crypto-wallet which can be downloaded for free and enables users to deposit and manage their crypto-currencies in an optimized manner.
The launch of the Atari Exchange is to take place at the time of the listing, to achieve a better synchronization with the other project stages.
Further information on the Atari Token is available on the dedicated website www.atarichain.com.
The realization of the plans, and their operational budget and financing plan remain inherently uncertain, and the non-realization of these assumptions may impact their value.
Atari, comprised of Atari SA and its subsidiaries, is a global interactive entertainment and multiplatform licensing group. The true innovator of the video game, founded in 1972, Atari owns and/or manages a portfolio of more than 200 games and franchises, including globally known brands such as Asteroids®, Centipede®, Missile Command® and Pong®. From this important portfolio of intellectual properties, Atari delivers attractive online games for smartphones, tablets, and other connected devices. Atari also develops and distributes interactive entertainment for Microsoft, Sony and Nintendo game consoles. Atari also leverages its brand and franchises with licensing agreements through other media, derivative products and publishing. For moreinformation: www.atari.com and www.atari-investisseurs.fr/en/. Atari shares are listed in France on Euronext Paris (Compartment C, ISIN Code FR0010478248, Ticker ATA), in Sweden on Nasdaq First North Growth Market as Swedish Depositary Receipts (ISIN Code SE0012481232, Ticker ATA SDB) and are eligible for the Nasdaq International program in the United States (OTC – Ticker PONGF).
Redeye AB (Certified Adviser)
Tel: +46 8 121 576 90 – [email protected]
This is information that Atari, SA is obligated to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, on October 1, 2020 at 7h45 CET.