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Atari will habits a public token providing on Bitcoin.com in early November. After bidding is entire, AtariToken is in line with ERC – 20 shall be to be had for buying and selling at the Bitcoin.com alternate. Whilst the precise main points of the token sale have now not been introduced, Atari CEO Fred Chesnais mentioned he believes the token sale will best take one 2nd:
“It is dependent. May also be 1 2nd, will also be 1 hour. It will depend on the volume you place as exhausting stamp and what sort of you acquire. So I do not know. I will be able to’t resolution that query.
To this point, Atari has raised $ 1.5 million in personal rounds . In line with Chesnais, for him, crucial factor from a public providing isn’t to extend capital, however liquidity in a while.
Chesnais believes AtariToken may create a novel DeFi use case – recreation financing, which comes to investment a brand new recreation in alternate for a portion of its long term income:
“We want to announce that we can be indexed as I’ve invested greater than 3 billion euros in recreation and recreation financing. And after I in finding out that the token is indexed, I can suggest some truly leading edge formulation for recreation financing. That is certainly one of my objectives.
He famous that the sale would agree to all native rules then would due to this fact now not be to be had to US electorate. Atari is a public corporate, even though the token providing is made in the course of the Gibraltar-based entity the place it owns % of stocks.
The token providing web page at Bitcoin.com shall be introduced on 15 October wherein customers will be capable of sign up and start up Know Your Buyer (KYC) orientation.
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