Gaming Giant Atari to Feature in The Sandbox’s Forthcoming Blockchain Platform

Published at: March 27, 2020

Iconic entertainment firm Atari is partnering with The Sandbox (TSB) on the upcoming voxel-based blockchain version of its popular user-generated content and gaming platform.

In an announcement on March 27, blockchain startup Animoca Brands —  parent company of TSB Gaming — revealed that the collaboration will involve creating 3D voxel versions of popular Atari game properties. These include Asteroids, Centipede, Pong and RollerCoaster Tycoon.

Scarce gaming real estate

In its blockchain iteration, based on Ethereum, The Sandbox will offer users three new features shaped by the technology: a tool for building non-fungible tokens (NFTs) and in-game voxel assets, a marketplace for trading these assets, and a game maker tool for users to construct, share and monetize interactive games. 

Under the terms of the collaboration, Atari will receive large digital “estates” within The Sandbox gaming metaverse. These estates are scarce, digital spaces where gamers will have access to 3D voxelized versions of classic Atari games.

Estates can be assembled from groupings of LAND tokens, which can also be purchased by users to serve as locations for constructing and launching independent gaming content. 

166,464 LANDs in total will be made available in The Sandbox, and feature alongside in-game virtual assets and native SAND tokens. 

As part of The Sandbox, a theme park-like metaverse will also include a number of Atari game titles, alongside Atari-themed virtual attractions, buildings, and other objects. Users will be able to engage socially with Avatar characters and play collectively in immersive gaming experiences.

Collaborations and investments

As Cointelegraph has reported, the collaboration between Atari — developer of classic video games such as Tetris and Pac Man — and Animoca Brands has been long-standing. 

Earlier this month, The Sandbox announced a host of big-name backers — Square Enix, B Cryptos, Mindfulness Capital, and True Global Ventures — for the upcoming third presale of the game’s virtual spaces (LANDs), scheduled for March 31.

To date, The Sandbox has had over 40 million downloads and brought in over 1,300 Ether (ETH) with the first and second of its LAND presales.

Tags
Related Posts
Galaxy Interactive raises another $325M fund aimed at metaverse and next-gen games
Galaxy Interactive, a venture capital firm focused on next-generation interactive technology, has announced it has raised $325 million for its second fund from 70 different investors. The fund is focused on virtual and augmented reality, artificial intelligence and blockchain-based games. In a Tuesday announcement, Galaxy Digital, the majority owner of Galaxy Interactive, stated that $150 million from the fund has already been allocated to new portfolio companies, including Republic, 1047 Games, Elodie, Roar, Art Blocks and Masterworks, with other additional investments to be announced in coming months. Established in 2018 by general partners Sam Englebardt and Richard Kim, the company …
Technology / Oct. 20, 2021
Bitkraft VC launches $75M investment fund for blockchain gaming
Esports, gaming and interactive media investment platform Bitkraft VC has established a $75-million token fund for investing in blockchain gaming and digital entertainment. The fund uses a “stage-agnostic” strategy, meaning that it will put money in companies and startups at any business development stage. Apart from equity investment, the token fund will also invest in cryptocurrencies and nonfungible tokens (NFT). In order to provide regulated investment opportunities, Bitkraft received an investment advisor registration from the United States Securities and Exchange Commission in June 2021. The new token fund is led by Piers Kicks, a founding partner in the investment arm …
Blockchain / Oct. 8, 2021
The DeFi revolution is like cooking a recipe
In the last two months, the decentralized finance industry has seen a dramatic surge of interest, as new platforms promising to disrupt the way people manage their money, transact, earn and entertain themselves have launched in rapid succession in recent months. Much of this growth has been catalyzed by the meteoric rise of DeFi lending platforms like MakerDAO and Aave, which together now compose more than 40% of the DeFi market. But a wave of new DeFi products that are targeting practically every traditional and digital industry is now making the rounds, expanding the benefits of DeFi to casual consumers …
Decentralization / Sept. 5, 2020
Wear-to-earn NFTs target the billion-dollar fashion industry
The rise of the Metaverse and Web 3.0 are set to disrupt multiple sectors including the billion-dollar global fashion industry. As the world moves from physical to digital, traditional fashion design can transform into virtual wearables that can be leveraged in both augmented reality (AR) and in real life. Megan Kaspar, managing director at Magnetic Capital and member of Red DAO — a fashion-focused decentralized autonomous organization — told Cointelegraph she believes that digital fashion nonfungible tokens, or NFTs, will be the largest NFT category of Web 3.0: “Digital fashion NFTs include clothing, shoes, jewelry, accessories and more that can …
Adoption / Dec. 1, 2021
Former head of TikTok gaming leaves Web2 to build core Web3 protocol
Cointelegraph had the opportunity to chat with Jason Fung, former head of gaming at TikTok, about his new company Meta0, why he decided to make the leap into Web3 and what he feels the future has in store for him. The former gaming head expressed an elevated level of excitement, proclaiming that it was Day One for the fledgling Metaverse technology startup. Fung explained that he plans to bring his wealth of knowledge and experience in gaming and software development to achieve a grander version of what the Metaverse could be. “Many Web2 companies are trying to figure out how …
Adoption / July 8, 2022