Litecoin Basis and common videogame maker, Atari, have teamed as much as allow Litecoin (LTC) as a method of fee for the soon-to-launch Atari token.
The Singapore based mostly non-profit group revealed this growth whereas noting that this partnership would result in LTC integration as a fee technique within the Atari ecosystem.
For all you @Atari flashback followers on the market, prepare to make use of Litecoin for every thing from video games to motels. Atari and the Litecoin Basis asserting the beginning of their partnership: https://t.co/UDln0DsEKU #litecoin #atari #gamers #Cryptocurrency #blockchain #LTC pic.twitter.com/H9cicEWDDn
— Litecoin Basis (@LTCFoundation) May 19, 2020
The legendary gaming platform has slated September for the launch of its native token. The brand new partnership will incorporate using LTC to handle purchases and monitor digital belongings within the ecosystem. Moreover, Atari On line casino, which already presents on line casino video games with buy-ins utilizing cryptocurrency, would begin accepting LTC as a fee technique.
Fred Chesnais, CEO of Atari, expressed his happiness with the partnership with Litecoin Basis. In line with him, “Litecoin’s ease-of-use and low transaction prices make it an ideal match to be used alongside the Atari token and different initiatives.”
As a really sturdy believer in blockchain and crypto, and fan of @SatoshiLite, am very glad to announce @atari will provide a reduction when shopping for @TheAtari_VCS with @litecoin – Coming quickly!!!! pic.twitter.com/flBRTy4PJz
— Chesnais (@chesnaisfred) May 19, 2020
Litecoin used to buy new Atari VCS
Additionally, LTC would turn out to be a fee choice for buying the yet-to-launch VCS sport console at a reduction. The report additional acknowledged that customers might pre-order their buy of Atari’s VCS sport and streaming console both from Atari’s website or through the Litecoin Basis.
In line with the favored sport maker, the VCS is a PC/console hybrid. With it, the customers can have the choice to select from and play a whole bunch of contemporary and basic videogames in addition to stream 4K video. The VCS may even allow customers to create and add their video games and apps for different customers to get pleasure from.
Litecoin Basis managing director, Charlie Lee was enthusiastic in regards to the prospects that the partnership might convey for each Litecoin and cryptocurrencies. He additionally talked about the affect on all the gaming business and in addition lifelong customers and followers of the Atari ecosystem.
“Many people keep in mind rising up and taking part in video games from Atari. It’s nice to see now Litecoin being utilized in alternative ways throughout the Atari ecosystem,” he mentioned.
I grew to become a software program engineer b/c I beloved video video games and discovered to program at a younger age. I’ve fond reminiscences of my first sport console, the Atari 2600.
I am enthusiastic about this partnership with @atari and shortly the power to preorder the Atari VCS with LTC! 🕹️#PayWithLitecoin https://t.co/iMjhpJcJsh
— Charlie Lee [LTC⚡] (@SatoshiLite) May 19, 2020
Concerning future collaborations, Lee famous that each platforms had some main plans relating to future collaboration. “We’re going to discuss sooner or later about different methods we will work collectively, like utilizing LTC in-game. We’ll additionally love to do some joint merchandising like T-shirts with Litecoin and Atari on them,” he explained.
Different developments
Litecoin Basis has been busy partnering and launching a brand new initiative to advertise and drive the adoption of cryptocurrency and blockchain within the crypto house. Not too long ago, it partnered with BitGo to offer the agency with digital asset storage and custody solutions. Additionally, it relocated from the multi-signature Electrum-LTC pockets to BitGo’s multi-sig wallet.
Notably, Litecoin has additionally began on the event of MimbleWimble extension blocks to make transactions extra confidential.
