Atari, a pioneer developer of home video and arcade games, is reportedly moving forward with plans to build a cryptocurrency casino in one of the largest districts within Decentraland metaverse, called Vegas City. The move follows a growing trend in the gaming sector, which includes the creation of many virtual casinos by a new NFT initiative dubbed Sand Vegas Casino Club (SVCC).
Atari plans to build and open a virtual casino in Vegas City
Atari wants to create and establish a virtual casino in Vegas City with Atari-themed games as part of a two-year loan term inside the virtual land and metaverse platform, according to a PSFK iQ Report issued this month titled Brand Strategies For The Metaverse. This collaboration was announced in March 2021, and a virtual launch party took place in late April of last year.
According to Decentral Games, the project bets from the Atari-themed Casino are projected to reach USD 400 million over two years, with 88 percent of the winnings going to the Decentral Games’ treasury, delivering value to $DG holders.
Players will be able to explore and seek for the gaming company’s special wearables around the planned Atari casino, which will run on the Ethereum blockchain through Decentraland (MANA).
According to the article, the casino will include many of the video games created by Atari over the course of their 50-year existence, as the creators want to see how “social and monetary metaphysical potential” might be brought to life in the metaverse.
The NFT project aims to create multiple virtual casinos and share profits to all holders of these
Sand Vegas Casino Club’s NFT initiative intends to construct many virtual casinos and distribute income to all 11,111 NFT holders. According to App Developer Magazine, the casinos will be introduced on the Web 2.0 and 3.0 areas and will include a new type of NFT dubbed the Golden Gambler that will raise revenues even more.
The construction of the casino is being updated on a weekly basis by the development team. Decentraland and Sandbox are the project’s two primary metaverse components, and they’ve now stated that they’ll be joining the Infinity Void metaverse when it debuts.