The value of the Decentraland (MANA) token rose by 31% through March 9, after it was announced that the classic game manufacturer Atari would set up a casino in the virtual area of Decentraland.
On March 8, it was announced that the Atari Casino in Decentraland will open next May as part of a partnership between Atari and Decentral Games. The casino is expected to offer various Atari games that can be played with MANA tokens, the DAI stablecoin, the DG token from Decentral Games or the Atari token of the same name (ATRI) from Atari.
Decentral Games is a community ecosystem within Decentraland that is managed by its own users through a decentralized autonomous organization in DG DAO. 88% of the profit sharing is passed on to the Treasury of DG DAO.
Decentraland is a virtual realm built on top of Ethereum and encompassing 90,000 parcels, each 16 square meters in size. Users can build a range of applications and structures within Decentraland, including games, marketplaces, and stores for selling digital and physical goods.
Atari Casino is being built on a 20-parcel lot in the Casino District of Decentralands Vegas City. Atari pioneered several classic video games from the 1970s. Although the casino will primarily focus on gambling, at least one offering from Atari will also be skill based.
In the 24 hours after the announcement, the value of all three native tokens soared to double-digit gains, making new highs.
Decentraland’s MANA token rose 31% that day, from a starting price of $ 0.447051 to $ 0.587266. MANA surpassed its all-time high of 2018 in February 2021, and on Tuesday the token broke its previous high again.
Decentral Games’ DG token hit a new all-time high on Tuesday after the token price rose from $ 233.51 to $ 289.69 after a 21% result. The GD started trading on exchanges in December 2020.
Meanwhile, Atari’s ATRI token rose 85% in value from $ 0.198990 to $ 0.369760 – also a new all-time high, surpassing the token’s previous ATH, which was recorded shortly after it began trading in November 2020. At the time of publication, the ATRI price had dropped to the $ 0.272 area, bringing the token up 36% in the past 24 hours.
The opening of the Atari Casino is expected to be celebrated with a kick-off party until an official announcement is made. Users get the chance to win various prizes including non-fungible tokens and a share of ATRI and DG tokens.