ICO Review: The Abyss

The Abyss ICO – a new platform that aims to deliver a next-level digital distribution system. 

  Over the years, the gaming industry has become one of the major players in the market. Its size has expanded tremendously and is expected to increase by 60-80% by year 2020. In 2017, the industry reached $100 Billion in revenue.  

  These numbers are somewhat expected given the fast development of this industry. One significant factor that made this happen was the changes in distribution. Unlike in the past decades, video games were distributed in a box. Meaning, when you want to get your hands on the latest release you have to order and wait for your cd/dvd to be delivered at your doorstep. But now, you can simply make a purchase online from retailers and publishers such as Amazon.com, Steam and PSN store, then, receive your game instantly on your PC or any game console.  

  Now here comes The Abyss, aiming to provide players and developers a next-level digital distribution platform with the use of the blockchain technology. In using their platform, all types of video games will be available for the members to access and through their motivational and referral system, both players and developers will earn an income.  

  Let’s take a closer look on what they offer and see how it will benefit its members. 

Advantages for Developers

• Direct buying and selling of targeted traffic. This can reduce the cost of marketing expenses on the developer’s side.
• Internal CPA Network for developers. They will get access to advertising offers to engage in targeted traffic.  
• Abyss tokens and fiat currencies are accepted in the platform. 
• 70% minimum share of payments for developers. And can get to more than 100% in overall terms from referral programs.
• Token payments can be claimed without verifying documents and before the reporting period ends.  
• Shares can be received in fiats regardless of the type of currency used in the initial payment.  
• Developers can access targeted audience and generating content instantly.
• Free game promotion that includes a banner on the main page and pop-ups in the platform, project evaluation and marketing solutions.
• Access to specialized player statistics. 
• 24/7 customer support.
• Three levels of project support integration. 
• Internal system of advertising offers.  
• Simple mechanism for getting traffic in and out the platform.
• Using Abyss tokens would prevent fraud and reduce refunds compared to fiat. 
• Launch projects in alfa or beta version for game testing and development.  
• User feedback and media reviews will be provided.  
• For transparency, users cannot delete false and libelous comments.  

Advantages for Players  

• Worldwide access to a wide variety of games in one platform.  
• Five-level referral program that will be rewarded with Abyss tokens.  
• Game achievement rewards.  
• Content creation rewards.
• Income opportunity from internal auction.
• Additional Abyss token rewards for fulfilling tasks from developers.  
• Additional Abyss token rewards from collaborative activities.
• Internal in-game communication with users.
• FPS counter is used to view game performance information.  
• Automatic updates of games.  
• Hibernation system available during game.  
• “Out of network” system for offline access. 
• Player interaction.  
• Screenshots and video captures of the games are enabled.  
• Ability to create virtual local network.  

Platform Structure and Basic Services  

Unified Authentication  

  This will allow users to easily access all services in the platform. This would include a two-factor authentication and possibly a IP blocking for added security of all users.  

Unified Billing and Dual Currency  

  This unified system of receiving payments would allow fiat currency and Abyss tokens to be used for transactions.  

24/7 Customer Support  

  The company will provide 24/7 customer support and would eventually provide bilingual user support service if needed.  

Rewards Program  

Referral Program 

  Here are the 5 levels of the referral program with their corresponding referral income percentage.

• 4% - from the 1st level referral payments. 
• 2% - from the 2nd level referral payments. 
• 2% - from the 3rd level referral payments. 
• 1% - from 4th level referral payments. 
• 1% - from 5th level referral payments.  

  To give you a clearer view, here’s how Referral Program works: 

Motivational Programs  

  The company presented the following as the distribution of its rewards for this program: 

• 60% - Game achievements for both personal and collaborative. 
• 25% - Syndicates (Masternodes) 
• 15% - Content creation.  

Internal CPA (Cost Per Action) Network  

  This network allows developers to access a universal advertising account to bring in targeted traffic. Within the network, they can offer their own traffic to other games, purchase traffic from other games and get external traffic to bring in the system.  

Abyss Token Sale Details  

• Accepted Currency: ETH Total 
• Token Supply: 905,625,000 
• Tokens Soft Cap: 11,538 ETH 
• Hard Cap: 34,615 ETH + 300,000 BNB 
• Price: 1 ETH = 6,500 Abyss Tokens, 1BNB = 169 Abyss Tokens  

Token Allocations  

• 40% - Allocated for crowdsale. 
• 21% - Allocated for company and advisors. 
• 20% - Foundation. 
• 18% - Reserve. 
• 1% - Allocated for the bounty program.  

Fund Allocations

• 30% - Reserved for marketing. 
• 25% - Reserved for development. 
• 20% - Reserved for infrastructure and software 
• 15% - Video games development and distribution. 
• 5% - legal. 
• 5% - reserve.  

The Team  

  The Abyss is being developed by the same team who created Destiny.Games – a popular video game developer based in Russia. The team has years of experience in game development and project launching and operation. With their expertise in this field, we can say that they really know what they're doing and has the innovation to expand the platform.

The Verdict  

 I commend the Abyss team for developing a platform to reduce the cost of product distributions in the gaming industry. This will give developers the enthusiasm to bring in new games as they will no longer be spending too much on ads. Another is giving both the players and developers the opportunity to earn more by simply using the platform.  

  These two major concepts, earning while saving, is what The Abyss offers in their innovative system to totally change the gaming world. This big leap will definitely give an added significant boost to the industry’s revenue. And having both in one platform would most likely bring interest to many especially to our gaming enthusiasts. The popularity it will gain will certainly be the biggest factor to expand their project and make it stable.  

For more information on The Abyss, please visit the links below:  

• Website: https://www.theabyss.com/
• Telegram:https://t.me/theabyss
• Twitter: https://twitter.com/theabyss