Atari is launching cryptocurrency with its new gaming console


Atari is not returning to the console game after just two decades – it is also jumping headfirst into cryptocurrency.

Retro gaming giant is launching a digital currency called Atari Token, which users will be able to use to purchase games on their new Atari VCS gaming system.

The tokens will sell for 25 cents a pop beginning October on the Bitcoin.com exchange, Bloomberg reports, and Atari will sell 4 million of them. Although they will initially be used only for game purchases and in-game purchases on its console, the hope is that tokens will eventually be used through gaming.

The VCS, first announced in 2017, will be released the same month as Sony’s new PlayStation 5 and Microsoft’s Xbox Series X. But despite the top-tier competition, CEO Frederick Chesanis said that Atari could rock.

“We have a brand, we have a following – we think we’re going to get some attention in any case,” Chesniss told Bloomberg.

The console will be offered as part of a bundle that includes 100 classic games for $ 100, plus two controllers.

VCS has a retro look and feel, which will run on a Linux-based operating system and promises “a complete PC experience for TV” that can handle streaming, apps, social media, web browsing and music, Atari said.

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