Metaverse Crypto Casinos – Atari’s Virtual Gaming Spot

August 19, 2022 World Blockchain

In 2021, video game trailblazer, Atari, announced that they were getting into the metaverse craze early by jumping into the Decentraland virtual shared space, opening a crypto casino in its Vegas City district. The projected move made headlines in March 2021, and the following month, Atari launched its metaverse venue with a party MC’d by DJ Dillon Francis. During the festivities, exclusively created NFTs fashioned by the visual artist MERDA got auctioned off at the OpenSea platform.

The Atari metaverse casino is a partnership between this California game company and Decentral Games, the entity behind the Decentraland platform and the founder of the Decentral Games crypto, DG. Decentraland is likely the most famous open-world-like hub on the Web, and venture capital companies like Digital Currency Group have placed sizeable investments in it, seeing it as a fad that will probably go mainstream relatively soon. Below an explanation gets presented of the details regarding Atari’s cryptocurrency casino in this metaverse paired with a short analysis concerning if this was a sound play by this video game pioneer.

Atari’s Gaming Background
Anyone alive during the 1980s and 1990s who had so much as a fleeting interest in video games likely has at least heard of Atari. The name sounds Japanese because it is. It refers to a term for the ancient board game GO, which translates to hit a target. However, the company itself has always been American, the brainchild of Ted Dabney and Nolan Bushnell, who founded it in 1971. It rose to prominence thanks to Pong, a legendary title based on one of the first computer video games ever, Tennis for Two.

During the late 1970s and 1980s, Atari dominated the home console market with its series of video game systems, a franchise it started with the Atari 2600. However, following the video game industry crash of 1983, Atari, like many of its competitors, fell on hard times. Thus, it began to experiment with creating lines of personal computers and portable consoles but failed to come close to reaching its previous heights. During its existence, Atari’s ownership structure changed several times with varying business results. In 1993, the company produced its Jaguar system, a console that promised much but failed to meet market expectations, and got steamrolled by the debut of Sony’s PlayStation in 1995.