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.
In the rapidly evolving landscape of web-native payments it has become clear that new infrastructures…
A New Era for Global Trade: Alibaba Taps JPMorgan's Blockchain Global commerce has long been…
The Promise of Web3 Meets a Centralized Reality Web3 was built on a revolutionary promise:…
Bitcoin's Sudden Plunge Shakes the Crypto Market The cryptocurrency market is awash in red after…
Macro guru and Real Vision CEO Raoul Pal shone the spotlight on a rising layer-1…
As the technology landscape transforms at lightning speed, AI Companions has positioned itself as a…