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, the former video game giant, has released a statement stating that it has terminated all licensing agreements with its joint venture partner ICICB Group, and its subsidiaries, effective immediately. The two previously worked together. CreatedThe Atari Chain The Atari Token, named after its creator (ATRI)). However, Atari announced that they had withdrawn interest from the joint venture.
Atari will create, distribute, and only manage a brand new token, which will be centered on utility, gaming, and community. 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 implement an exchange for future tokens of ATRI tokens that were held at the time.
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