Gaming giant Atari abandons Web3 ecosystem plan Atari X as a separate business line

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On July 9, according to Globenewswire, arcade game giant Atari revealed in its latest fiscal year earnings report that it plans to adjust its Web3 ecosystem initiative Atari X. The plan initially aimed to build a Web3 blockchain ecosystem connecting games, utilities, and communities while exploring token issuance. However, the latest data shows that Atari X's transaction volume is too small (only 100,000 euros in fiscal year 2024), so it will no longer be considered a separate business line, and the strategic focus will continue to be on its core video game business.

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