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Atari will allegedly carry out a public token offering on Bitcoin.com in early November. As soon as the offering is concluded, the ERC20-based AtariToken will become available for trading on the Bitcoin.com exchange. In a recent interview, Fred Chesnais, the CEO of Atari mentioned:
“It depends. It could be 1 second, could be 1 hour. It depends on the amount you set as a hard cap and how much you are raising. So, I don’t know. I can’t really answer that question.”
Notably, Atari has raised around one and a half million USD till now in private rounds. Chesnais mentioned that for him, the most significant aspect about a public offering is not raising extra capital but the instantaneous ensuing liquidity. He said:
“We want to announce that we are going to be listed because I have done more than 3 billion euro of investments in games and game financing. And when I know that the token is listed, I will be able to propose some very innovative formulas for game financing. That’s one of my goals.”
The token offering page on Bitcoin.com will commence on 15th October where interested users will be able to register and start Know Your Customer onboarding.
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