Atari Token Tanks as Video Game Developer Distances Itself from Cryptocurrency

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Atari Token Tanks as Video Game Developer Distances Itself from Cryptocurrency
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ICYMI: $ATRI has dropped more than 30% over the past 24 hours Atari

Due to license termination, ICICB Group is no longer able to use Atari's brands"in any manner." The company has warned that the website, whitepapers and social media channels associated with the tokens are unlicensed and unsanctioned.Despite severing ties with ICICB Group, Atari says that it remains keen on crypto and blockchain, which is why it has decided to distribute a new proprietary token for existing ATRI holders.

Atari, which dominated the video game market in the 70s and early 80s, has attempted to recharge its brand with crypto, non-fungible tokens and other ventures in an attempt to become a futuristic blockchain firm. Last year, Atari unveiled a cryptocurrency casino centered on its games.

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