Atari Partners with Litecoin to Bolster Gaming and Cryptocurrency Industries

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In Brief
  • Atari has entered into a partnership with the Litecoin Foundation.

  • LTC will be used to buy Atari Tokens and new consoles.

  • Litecoin prices have traded mostly sideways in the past few months.

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Gaming industry stalwart Atari has recently announced that it will be partnering with the Litecoin Foundation to use the cryptocurrency as a means of payment.

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The recent announcement by the Litecoin Foundation stated that it was entering into a multi-faceted partnership with Atari.

It added that the partnership will extend into multiple areas, including the use of LTC across gaming platforms within the Atari ecosystem.

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The gaming giant has implemented its own Atari Token, and it will be primarily accepting Litecoin as a payment method to acquire them. It will also be used to get a discount on the highly anticipated new Atari VCS game console.

Atari CEO, Fred Chesnais, lauded Litecoin’s ease-of-use and low transaction costs, adding it would “make it a perfect fit for use alongside the Atari Token and other projects.” Litecoin founder Charlie Lee added;

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.

LTC prices made a small uptick in price following the news, although the gains were mostly on par with the broader market at the time.

Increased adoption in the gaming realm could result in further use cases and gains for Litecoin.

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Martin has been covering the latest developments on cyber security and infotech for two decades. He has previous trading experience and has been actively covering the blockchain and crypto industry since 2017.

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