The main gaming company, Atari, famous for being the video game developer like Tetris and Pac Man, has signed a license agreement with the blockchain startup Animoca Brands, a mobile game developer based in Hong Kong, to create versions of blockchain of two popular mobile games. The news has arrived through a press release published on December 18.
According to the press release, the agreement gives Animoca Brands global rights (outside of Greater China) to produce and publish blockchain versions of the famous Atari Roller Coaster Tycoon Touch and Goon Squad mobile games in most territories throughout the world. world, except Hong Kong, China, Taiwan and Macao.
Atari shareholder of Animoca
The new partners will explore continuous opportunities in games, product development, blockchain and other areas. As part of the agreement, Atari has become a shareholder of Animoca.
The co-founder and president of Animoca Brands Corporation Ltd, Yat Siu, says: “The fact that we can put these associations together is a demonstration of the fact that we are leaders in this space and we are very credible … We are very honored that this company is well established – in many ways significantly larger than us – they have also become shareholders of our business, are involved in us, are working to grow, so they believe in our long-term vision for games, blockchain and AI. “
The press release states that RollerCoaster Tycoon Touch has more than “19 million downloads” worldwide and has reportedly seen an increase due to new features that include an expansion of the “Waterpark” as well as an association with “Foodgod” Jonathan Cheban.
Under the terms of the agreement extending until March 31, 2022, Animoca Brands will pay Atari a minimum guarantee on future income of $ 250,000, payable in shares of the Company’s shares. This serves as consideration for the license to develop and publish such games. A share in the proceeds will also be payable to Atari after the gross revenue generated by the Games exceeds a total of $ 500,000. Frédéric Chesnais, the main shareholder and CEO of Atari Group, also expressed his enthusiasm for the agreement: “We are proud and delighted to establish this strategic and long-term relationship with Animoca Brands, which also allows us to become shareholders of one of the innovators most exciting in the world of decentralized gaming. We hope that this agreement paves the way for greater cooperation in other Atari products. “
This agreement represents a significant leap for the development of blockchain games, above all, because the games in question are some of the most iconic that exist. RollerCoaster Tycoon Touch specifically revolves around the construction and management of an amusement park, with the aim of attracting more visitors to ensure the continued success of the park. Goon Squad leaves players in an underground world ruled by mobsters, gambling and fast-paced card battles. The player hopes to climb from a humble Goon to the respected Godfather in the game through card battles and manoeuvring through the criminal underworld to reach the top.
Animoca Brands expects to publish both games for the second half of 2019.