Gaming company ATARI are moving into the Cryptocurrency space.
Atari have recently made the announcement of their development of not one but two new cryptocurrencies. These will be the Atari Token and the Pong Token. Many may be to young to remember the company but one of the important things to know is the fact that it was part of a movement to decentralize arcade games. It had much success back then but just how successful could it be in the future?
Atari has revealed a partnership with blockchain company Infinity Networks to create tokens as part of a new investment deal.
The company is developing a decentralized platform giving access to a wide range of of digital entertainment services such as video games, movies and music. This platform will operate using a cryptocurrency, the Atari Token.
Is USI Tech another Bitconnect style pyramid scheme?
A cryptocurrency investor denies being involved in a pyramid Scheme.
Stephen Lenoci, 34 and his best friend Daniel Colosi, 31 began investing with USI Tech last year (2017). The pair began with an initial investment of $5,000 but claimed they would be millionaires by the end of 2018 and they have hit back at suggestions they are involved in a pyramid scheme, despite admitting to it in a TV interview.
The pair invested their $5,000 in USI Tech and quickly started making as much as $2,000 per day. The company claim to trade cryptocurrency on behalf of its members and promising returns of one per cent, as long as the members recruit others.
The company has recently been hit with "cease and desist" orders by authorites in both Canada and the US amid claims it is a pyramid or ponzi scheme - an illegal business model.
In an interview with 60 minutes Mr Lenoci said ' you could call it (USI Tech) a pyramid scheme' only to back away from his claims when interviewed by the Australian Daily Mail a day later.
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STOPI like your work dear
You and analyst @salahuddin2004 are two top analysts of cryptoworld.
His prediction success rate 98%
But I like your work most. Keep posting
Thanks. Much appreciated. I'll check out @salahuddin2004. Its tough to get going when we first arrive on the Steemit platform but I am determined to do well as I absolutely love what Steemit are doing. Its just so much more than any other social media platform.
Yes dear
My first gaming console was an Atari I purchased as a 15 y.o in 1983. It cost $174 and came with 6 games. Aw, the memories!
Awesome. Yeah I used to love the space invaders on Atari. I also remember the Spectrum taking forever to load.........;-)
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Oh so it's two news articles. Cool.
That Atari got me hooked in. Lol. I think Nintendo should get into cryptos too. Not sure if they have already but that would be cool if they did.
I guess cryptocurrency is really going mainstream now.
For sure, the crypto train is gaining momentum everyday. Its hard to see a future without cryptocurrency and the blockchain. Many big companies are experimenting with the technology. I reckon its here to stay.
Haha, I was the same. I had an Atari console as a kid, oh and a ZX Spectrum +.......;-)
I haven't heard anything about Nintendo as of yet but I wouldn't be surprised if more gaming companies get involved.
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