ATARI has the status of the ancestor of the arcade. The 19-year-old former Apple president Jobs once joined ATARI and was responsible for the development of video games. Recently, it announced that it will cooperate with Block Rabbit to launch the blockchain version of 14 games and launch them on ATARI’s own dedicated blockchain game console. Classic games that will be blockchainized include Asteroids, Lunar Lander, Centipedes, and Pong, among others. The joint development of the two parties has received US$1 million in financing led by Infinity Ventures Crypto and Shima Capital. Participating institutions include Morningstar Ventures, Ghaf Capital Partners, etc.
“ATARI and Block Rabbit’s partnership will revolve around NFTs and innovation in game assets,” Block Rabbit CEO said in a statement.
ATARI hopes to use blockchain technology to discover new, highly engaged audiences. Block Rabbit can shorten the distance between traditional sports and new technologies, and reconstruct ATARI's brand image. "
ATARI believes that the economic model of Block Rabbit is very innovative. The Rabbit Paradise ecology launched first by the project, all players will jointly develop the relay, and at the same time establish eight major systems to open up new gameplay. This is very special and interesting, and all ecological participants can benefit. Formed Perfect economic closed loop.
In the later stage, ATARI and Block Rabbit will continue to cooperate in NFT issuance, Metaverse and Chuangyou development and operation, jointly promote innovation in NFT data market and data asset development, and achieve new value growth for both parties. A high degree of collaboration and cooperation is carried out in the field of Web3, and game players actively participate in and jointly offer suggestions for cooperative development.
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