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Atari claims its namesake token is now ‘unlicensed’ as it terminates blockchain joint venture -Breaking

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Atari says its token of honor is now “unlicensed” after the termination of a joint venture on blockchain.

Atari has announced that all agreements with its joint venture partner ICICB Group (and its subsidiaries) have been terminated effective immediately in a statement. The two previously worked together. CreatedThe Atari Chain Atari Token (ATRI), the name of its inventor). The company announced that it had withdrawn its interest in the joint venture and stated, “ICICB cannot represent Atari brands or Atari’s brand in any way.”

Atari will create, distribute and control a proprietary token which will be primarily focused on utility, gaming community, and entertainment. ATRI investors may find some comfort. According to Atari, Atari has “taken a snapshot” of ATRI holdings at 6:06 pm CET on April 18th, 2022. Atari will now implement a future exchange to a token that represents the ATRI tokens currently held.