Atari and Animoca Marchi have collaborated to create blockchain versions of Atari's classic RollerCoaster Tycoon Touch and Goon Squad games.
Blockchain, the secure and transparent technology for verifying digital transactions in decentralized networks, is coming to video games.
RollerCoaster Tycoon Touch has more than 19 million downloads and is part of the famous RollerCoaster Tycoon video game simulation playground.
Atari will consider in advance $ 250,000 for the scrip-license agreement to 11 cents per share in Australian currency, becoming a strategic shareholder of Animoca Brands. This means that Animoca Brands is giving Atari a minimum guarantee in terms of sales quota.
Animoca Brands will share gaming revenue with Atari after the first $ 500,000 in gross revenue. Animoca Brands is based in Hong Kong, but its shares are listed on the Australian stock exchange under the symbol ASX: AB1.
Animoca Brands recently acquired Pixowl, the construction game producer The Sandbox, for $ 4,875 million. Pixowl is now working on a blockchain version of The Sandbox.
"This agreement is a special moment for me because I started my career working with Atari and using Atari computers," said Yat Siu, president of Animoca Brands, in a statement. "The RollerCoaster Tycoon franchise is, like many of Atari's properties, a true evergreen, having been around for two decades – given the strategic and commercial elements of this incredibly fun simulation, it's a perfect candidate for blockchain adaptation. . "
Animoca Brands also works with Atari to explore current opportunities in games, product development, blockchain and other areas.
Since 1972, the iconic Atari brand has enjoyed a global appeal over several generations. Under a new ownership, Atari has recorded a growth in profits recently.
"We are proud and happy to enter into this long-term strategic relationship with Animoca Brands, which also allows us to become shareholders of one of the most exciting innovators in the decentralized gaming world," said Frédéric Chesnais, CEO of Atari Group, in a Note. "We hope this agreement paves the way for further cooperation on other Atari products."
RollerCoaster Tycoon Touch is a popular theme park management simulation game for iOS and Android devices. It is one of the latest installments of the RollerCoaster Tycoon video game franchise, which since 1999 has spawned a number of high-level sequels and spinoffs across multiple platforms, including PCs, mobile and gaming consoles.
Goon Squad is a multiplayer card-based and multiplayer videogame for iOS and Android devices, launched in 2017, in which players navigate in an underground world dominated by mobsters and fast-paced card battles to build the ultimate criminal empire.
On the basis of the agreement, Animoca Brands will produce and publish blockchain versions of RollerCoaster Tycoon and Goon Squad worldwide (excluding China, Hong Kong, Taiwan and Macao); the new titles will include the integration of non-fungible tokens (NFTs). NFTs use blockchain to ensure that an object is unique and can not be copied. They work well with collectibles.
The term of the agreement extends until March 31, 2022. Animoca Brands plans to start publishing the games in the second half of 2019.