Atari and Animoca Brands Team Up to Bring Classic Games to the Blockchain
Blockchain technology has found a convenient use case in games, and it looks like Atari Inc. has recognized the opportunity. A recent announcement shows that the famous game maker has established a license agreement with Animoca Brands Limited, allowing them to create the class mobile games in a blockchain variation.
Some of the specific games brought to the discussion have been Roller Coaster Tycoon Touch and Goon Squad. Presently, this opportunity will be available in most territories, though Hong Kong, China, Taiwan, and Macau are excluded at the moment.
The agreement will take the two companies until the Spring of 2022, requiring that Atari receives a minimum of $250,000 against the revenue that Animoca Brands will ultimately make as a result. However, this allotment can realistically be paid out in stocks as well, providing for the license to publish the games.
There will also be a portion of the revenue awarded to Atari if the blockchain versions exceed half a million dollars in profit.
This is a major step for game development involving blockchain technology, especially with some of the most famous game titles in the whole world. Roller Coaster Tycoon Touch alone has elicited close to 20 million downloads, which is enhanced by a partnership with Jonathan Cheban, who was popularized as Foodgod as a result of his association with “Keeping Up with the Kardashians.”
The two parties also established a memorandum of understanding for a long-term partnership that could bring about other opportunities in product development, gaming, etc. Atari sees this collaboration as a way to recognize the role that blockchain takes on in both gaming and digital entertainment.
CEO Frederic Chesnais of Atari added, “We are proud and delighted to enter into this long-term and strategic relationship with Animoca Brands, which also allows us to become a shareholder in one of the most exciting innovators in the world of decentralized gaming. We hope that this agreement paves the way to further cooperation on other Atari products.”
Co-founder and chairman of Animoca Brands, Yat Siu, is also excited about the upcoming collaboration with such a legendary name in gaming, leading him to expect benefits to come for both sides. He commented:
“This deal marks a special moment for me because I started my career working with Atari and using Atari computers. The Roller Coaster Tycoon franchise is, like many of Atari’s properties, a true evergreen, having been around for two decades. Given the strategic and commercial elements of this incredibly fun simulation, it is a perfect candidate for blockchain adaptation.”