Decentraland’s MANA Token Surges to a New All-Time High Following Atari’s Announcement That It Would Build an In-World Casino

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Atari, a pioneer of the gaming industry, recently announced that it is building a crypto-based casino within Ethereum’s virtual world, Decentraland. As per the video gaming icon, the project aims to emulate the world-famous gambling hub, Las Vegas, alongside Decentral Games and Digital Currency Group. Notably, the virtual casino initiative will use Decentral Games’ native token, the $DG, as its main currency.

As a result of this announcement, Decentraland’s MANA token surged by more than 31% – from $0.447 to over $0.587. This marks a new all-time high for the lesser-known digital currency. On top of that, Atari’s very own ATRI and Decentral Games’ DG tokens also soared to new heights following the news hitting the web. As of press time, ATRI is at $0.370, while $DG is valued at $289.69, jumping by more than 85% and 21%, respectively.

Atari’s Decentraland Casino will purportedly be built on a 20 parcel piece of digital land within the Casino Quarter sector of the virtual space’s so-called ‘Vegas City.’ According to Decentral Games’ blog post, 88% of the total profits will go directly to its DAO to then use to develop further share rewards and new features for the whole DG community. It has also noted that Atari, being its new partner, will now have the right to vote on the firm’s decisions, particularly on the games’ development.

The virtual casino is set to officially go live next month, with a launch party that is yet to be announced. Once launched, users will have the opportunity to play and win various prizes, which notably includes several NFTs and a share of the tokens mentioned above.

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