News

Litecoin (LTC) to be used as a payment option in Atari’s gaming ecosystem

Litecoin Foundation announces partnership with Atari

Litecoin foundation has struck yet another lucrative partnership with gaming giant Atari to promote the use of Litecoin. Atari is widely known for making popular games such as Asteroids, Breakout, and Centipede among others.

As part of the partnership, LTC will be accepted as a means of payment for investing in Atari’s own token which will be issued in September 2020. In addition to that users can also use LTC to buy the new Atari VCS gaming console for a discount. The Atari Token will have a list of uses such as managing Atari purchases and playing games in Atari Casino. The token will also be used in yet-to-be-released games where users play against each other.

Fred Chesnais, CEO Of Atari said:

“We Are Pleased To Have Litecoin As A Means Of Payment For The Atari Token Sales. Litecoin’s Ease-Of-Use And Low Transaction Costs Make It A Perfect Fit For Use Alongside The Atari Token And Other Projects.

Litecoin Foundation’s managing Director and creator of Litecoin, Charlie Lee said:

“Many of us remember growing up and playing games from Atari”  “It is great to see Litecoin being used in a variety of different ways within the Atari ecosystem, from purchasing the new Atari VCS gaming console to being used as a way to invest in Atari Tokens. The Litecoin Foundation is excited to see the possibilities a partnership like this can have for not only Litecoin and cryptocurrencies but also the gaming industry and lifelong fans of Atari.”

The Litecoin Foundation is known for striking lucrative partnerships, last year they were featured in UFC 232 and also onboarded Ben Askren as an ambassador for Litecoin. The foundation also became a part of the Hollywood world by sponsoring the Mammoth Film Festival.

It will be interesting how Litecoin will actually gain adoption with such partnerships!


Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Did you like the news you just read? Please leave a feedback to help us serve you better

Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.

Shrikar Parashar

Shrikar is a Blockchain evangelist. He is a die-hard fan of security tokens. He follows the market closely but does not trade. He believes in Hodling.

Share
Published by
Shrikar Parashar

Recent Posts

How Gold-Farming Studios Saved World of Warcraft But Crushed Web3 Games

Introduction Ever wonder for years, yet the same tricks seem to "kill" every Web3 game?…

4 hours ago

Georgia Retirees’ $800K Heartbreak: Unmasking the Deadly WhatsApp Crypto Scam

In a shocking tale that highlights the dangers of crypto investing, a retired couple from…

5 hours ago

Lawmakers Target Crypto ATMs for Scams: New Consumer Protections on the Horizon

Lawmakers Target for Scams: New Consumer Protections on the Horizon Bitcoin kiosks and cryptocurrency ATMs…

8 hours ago

Bitcoin’s Sudden $84K Plunge: Key Reasons Behind the Latest Crypto Market Downturn

Bitcoin's Sudden Plunge: Key Reasons Behind the Latest Crypto Market Downturn The crypto world is…

11 hours ago

Why the Crypto Market is Crashing Today: Bitcoin Fails at $90K and Altcoins Plunge

Why the Crypto Market is Crashing Today: Bitcoin Fails at $90K and Altcoins Plunge The…

11 hours ago

Crypto Market Daily Roundup: Bitcoin Holds Above $89K as Volatility Eases, Senate Crypto Bill Sees Bipartisan Breakthrough

Crypto Market Daily Roundup: as Volatility Eases, Sees Bipartisan Breakthrough The crypto market is showing…

3 days ago