Partnership Between Atari and Atari Token Has Ended

Partnership between Atari and Atari Token has ended. Atari announced that it has terminated the license agreement.

Atari, one of the leading names in the gaming world, announced today that it has terminated all license agreements with ICICB Group and its subsidiaries. With this move by Atari, ICICB will no longer be able to represent Atari brands. Immediately after this announcement, the price of the ATRI token also depreciated significantly. Atari, together with the ICICB Group, launched the Atari Token (ATRI). However, Atari announced that it has terminated this partnership with its latest statement. Atari made the following statement on the subject: "Guidance and information content regarding the ATRI token or Atari should no longer be relied upon." Besides, although this partnership initiative has ended, Atari will continue to form strategic partnerships on the potential of blockchain initiatives. In this context, the company will create a new token focused on gaming, community and utility. Additionally, Atari will include ATRI token holders in the exchange. Those wishing to participate will need to present their ATRI tokens at the time of exchange. Finally, according to data from CoinGecko, the ATRI token has lost more than 30 percent after the news.