French Gaming Firm Atari Partners Animoca To Make Blockchain Versions Of Games

atarianimato dec18

French gaming giant Atari partnered with blockchain startup Animoca Brands to make blockchain versions of two of its most popular mobile games - RollerCoaster Tycoon Touch and Goon Squad. Animoca Brands expects to publish the blockchain versions in the latter half of 2019.

Under the deal, Animoca will produce and publish blockchain versions of the popular Atari mobile game titles RollerCoaster Tycoon Touch and Goon Squad globally, excluding China, Hong Kong, Taiwan and Macau.

The new blockchain-powered titles will feature the integration of non-fungible tokens (NFTs). The term of the agreement extends through to March 31, 2022.

RollerCoaster Tycoon Touch is a popular theme park management simulation game for iOS and Android devices, with over 19 million downloads globally. Goon Squad is a card-based, multiplayer brawler video game for iOS and Android devices, launched in 2017.

As consideration for the license to develop and publish the games, Animoca Brands will pay to Atari a minimum guarantee against future revenues of $250,000, payable in shares. With this, Atari will become a strategic shareholder in Animoca Brands.

The revenue share will be payable to Atari after gross revenues generated by the games exceed a total of $500,000.

Additionally, the two companies have also entered into a deal to develop a strategic partnership to explore mutual opportunities in gaming, product development, blockchain, and other areas.

Animoca leverages gamification, blockchain, and artificial intelligence technologies to develop and publish games and other apps for smartphone and tablet devices. Meanwhile, Atari, established in 1972, is a pioneering brand in video games, game consoles, personal computers, and game publishing.

For comments and feedback contact: editorial@rttnews.com

Technology News

Follow RTT