Crypto Casinos in the Metaverse
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Atari is working with Decentral Games to build a virtual world casino in DecENTRALand. Decentsred Games has support from the Digital Currency Group. The goal of the virtual reality is to replicate a real-life gambling hub like Las Vegas.
Atari is a video game company that has been around since the early-1970s. It is eying up a new market that is set to disrupt the gaming space. Its blockchain division has developed its own cryptocurrency called the Atari Token. Atari is also dipping its toes into the virtual casino space in the Metaverse.
Crypto casinos and Bitcoin gambling sites have been growing massively in popularity over the past few years. They cater to cryptocurrency transactions. The platforms are not as confined as many of the traditional types of online casinos.
Atari has entered a partnership with leading blockchain gaming platform Enjin to launch the NFTs through the Fabricant digital fashion house. There will be the creation of Atari-branded blockchain games through licensing agreements.
The Atari casino is set to feature several of their classic game titles and the typical types of games that you might expect to find at any type of online casino.
The concept of virtual real estate in the metaverse is gaining a lot of attention. Atari has leased a prime piece of real-estate in Vegas City for the home of the Atari casino and for some plans for a virtual hotel in future.
Atari is planning to launch a virtual casino in the Metaverse. It is a great opportunity for Atari to make itself relevant and to showcase its products. There are risks and downsides to the project. It's a question whether it's the right time for it now or in some future date. The future of the virtual casinos is uncertain.
