French gaming giant Atari has partnered with blockchain startup Animoca Brands to create blockchain versions of two of its most popular mobile games, RollerCoaster Tycoon Touch and Goon Squad.
Animoca Brands plans to launch blockchain versions in the second half of 2019.
RollerCoaster Tycoon Touch is a popular theme park management simulation game for iOS and Android devices that has been downloaded more than 19 million times worldwide. Goon Squad is a card-based multiplayer video game for iOS and Android released in 2017.
As consideration for the license to develop and publish the games, Animoca Brands will pay Atari a minimum guarantee against future earnings of US$250,000, payable in shares. This will make Atari a strategic shareholder of Animoca Brands.
A percentage of profits will be paid to Atari once total gaming revenue exceeds $500,000.
Animoca uses blockchain technology and artificial intelligence to develop and launch games and other applications for smartphones and tablets. Meanwhile, Atari, founded in 1972, is the oldest brand in the field of video games, game consoles and personal computers.
According to rttnews.com
You May Also Like
Tesla may resume accepting cryptocurrency. Who else is following her example?
Billionaire Elon Musk's electric car manufacturer Tesla announced its plans to resume accepting cryptocurrency as a means of payment in the foreseeable future, because it considers these assets very promising from an investment point of view and views them as an alternative to regular money.
Cryptocurrencies may be taught in New York schools
New York authorities are talking about introducing the study of cryptocurrencies in high schools. How developed is financial literacy training in the crypto market today, and what does this mean for investors?
