Gaming Veteran Atari Is Moving to Ethereum Layer 2

2021-2-27 17:00

Layer 2 has a new arrival: Atari. 

Atari Eyes Layer 2

The video game developer is teaming up with Polygon, a scaling solution that recently rebranded from Matic Network. 

Frederic Chesnais, CEO of Atari, said of the update: 

“We are thrilled to announce our partnership with Polygon, whose layer 2 solution will allow us to provide our users with the best possible experience when interacting with the Atari Token and our blockchain-related products.”

By moving onto Layer 2, the company hopes to make its ATRI token more scalable. The move should also give Atari’s users easier access to NFTs and other token-related products. The team has confirmed its plans to launch an NFT minter using Polygon’s network. 

Polygon uses the Plasma framework to run the Polygon Bridge, which acts as an additional sidechain to help scale Ethereum. It runs its own Proof-of-Stake mechanism, with plasma checkpoint nodes running across the network. It facilitates faster and cheaper transactions than the main chain and can process up to 65,000 per block. 

Polygon has been particularly popular with betting and gaming apps. Already, it has partnered with Polymarket, Decentraland, and Aavegotchi. 

Polygon’s co-founder and COO Sandeep Naiwal said that “the future of consumer-friendly blockchain products” like NFTs will run on Layer 2. Speaking on the Atari partnership, he added: 

“We’re delighted to partner with Atari to explore ways to add utility to its entertainment ecosystem and develop ways of capturing the full value of Atari Token and supplementary products, operating on Polygon’s scalable network.”

Gaming Titan Adopting Ethereum 

The Polygon move is yet another sign that Atari is ready to adopt Ethereum as soon as possible.

Last month, Crypto Briefing revealed the news that Atari was linking up with Decentraland. Atari classics like Pong and Break-Out! will be available in the virtual gaming world, and ATRI will form part of the game. 

The U.S. company successfully launched its ATRI currency in November of last year. ATRI is an ERC-20 token that can be traded on Ethereum. It has a market cap of around $61.7 million, according to CoinGecko. 

Atari launched in 1972 and pioneered the earliest video game consoles. With the move to Layer 2 Ethereum, it’s arguably the first major player in the video game sector to place its bets on crypto’s future. 

Disclosure: At the time of writing, the author of this feature owned ETH, AAVE, and a number of other cryptocurrencies. 

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Atari Token (ATRI) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0784647 (-100%)

ethereum layer moving veteran atari gaming

ethereum layer → Результатов: 126


Vitalik Buterin states that the Ethereum Layer 2 scaling strategy is succeeding

The co-founder of Ethereum and the Ethereum Foundation, Vitalik Buterin, recently stated that Layer 2 scaling solutions are starting to show results. “While everyone wasn't looking,” Buterin tweeted, “the initial deployment of Ethereum's layer 2 scaling strategy has *basically* succeeded. What's left is refinement and deployment.”

2020-6-3 12:00


Joe Lubin Says Ethereum (ETH) “Layer Two” Blockchain Features Coming Within This Year

At the Rise conference, which took place in Hong Kong on Tuesday, July 10th, Ethereum’s Joseph Lubin let attendees know that the first layer in the Ethereum ecosystem is completely established. However, they are far from done, because it is time to begin “layer two” systems to allow for maturation and ramification. The announcement happened […]

2018-7-12 11:03


Orbs ICO

Orbs is a public blockchain acting as the production layer to complement Ethereum. Adopting Orbs alongside Ethereum allows dApps to enjoy the best of both chains: unmatched security, liquidity and ecosystem integration, together with low-fees, production-ready scalability and a suitable fee structure.

2018-7-6 21:26