The ABYSS platform

The Abyss is a new generation digital distribution platform that will feature games of all genres (Free2play MMO games and crypto games will be a priority), including AAA games. The main feature of The Abyss is the availability of motivational and multi-level referral programs, in which players can earn on gaming and social activities, as well as on other people's payments in games. Thanks to The Abyss, developers will reduce marketing costs and will also be able to get additional revenue from referral payments in other platform games.

Priority internal mechanism of interaction on the platform will be the ABYSS tokens (ERC20 protocol on Ethereum block system). The platform will be presented on Desktop (Windows, MacOS, Linux), Mobile (iOS and Android) and Web.

The Abyss platform is a new gaming ecosystem where developers are given the opportunity to cut marketing costs, exchange traffic and gain access to additional services. Players, in turn, will be able to play their favorite games and earn, creating their content and inviting friends to the platform. The platform will be developed by the Russian company Destiny.Games, known on the market since 2008.

As of 2016, the segment of MMO games grew by 13%, and in 2017 the revenue of the entire game industry market exceeded $ 100 billion. In this case, MMO-games for PC are confidently leading in all respects among games of all genres. Last year, it was the MMO-games that accounted for 60% of the profits from the sale of all PC games. The figure is quite impressive.

How it works

The Abyss uses its native token ABYSS to perform payments within its network, as well as fiat currency. The basis of its business model is that its structure will be money-saving to developers, who can reduce its investment on advertising by accessing an extremely targeted and effective pool of potential players for a fraction of normal marketing costs. In essence, these savings could be directed to game development and game industry improvements for users.

On the other hand, the platform aims to become rewarding and retentive for users, through a reward structure. A user that enters the platform will be given a referral link. He can then invite friends to the platform through the referral link and win a percentage of what the friends spend on the platform. Those friends will then invite others to join and so on and so on. The project’s Whitepaper suggests that through the six-steps of separation theory, technically anyone in the world could end up on anyone else’s referral ladder, including what is known as an F2P MMO whale, that is people that spend hundreds of thousands of dollars per year in in-game purchases.

Problem solving

The cumbersomeness and slowness of gaming platforms;
Availability and effectiveness of advertising campaigns in the gaming industry;
Motivational program for users;

The DAICO Concept

The most groundbreaking innovation in The Abyss project, however, has to do with its ICO. The team is launching the first-ever DAICO in the history of the crypto world. DAICO stands for Decentralized Autonomous Initial Coin Offering and it is the brainchild of Ethereum founder Vitalik Buterin. Its innovative design aims at increased transparency and security for investors in ICOs by leveraging crowd wisdom and stricter budget control, characteristics found in Decentralized Autonomous Organizations (DAO).

Until now, investors in ICOs had very little control over project development and fund use by the team and were subjects to fraud and scams by ill-intended actors.

The DAICO is based on a smart contract, and the team establishes a reasonable, although not too high, amount of money to be disbursed by the contract to the developing team every month. If the team needs more funds for whichever reason, it can launch a poll, and token holders can vote, depending on the number of tokens they hold, if they approve of the disbursement of extra funds or not. The team’s tokens and the token reserve do not have a right to vote, and prevention protocols have been included to protect against abuse by large token holders like exchanges.

Further, if the team fails to properly implement the project, there are provisions within the smart contract that allow investors (with the help of Oracles, acting as arbitrators) to conduct the poll for the refund of the remaining funds within the contract. This system gives a level of security and control that is unprecedented and represents a refreshing development for a practice that has produced so many fraudulent schemes. While improvements are still expected to take place within the DAICO concept, it is likely that the concept gains traction within the crypto community.

DAICO: Security, Transparency, and Flexibility

Following Vitalik Buterin’s recent proposal to amend ICO malpractice, The Abyss team will be conducting a DAICO. This model allows contributors to control funds withdrawal and even provides an option to vote for refund of the remaining contributed money. The Founder of The Abyss platform

In the wake of fraudulent ICO activity and regulatory crackdown, the DAICO fundraising concept combines aspects of a Decentralized Autonomous Organization (DAO), with traditional features of an Initial Coin Offering (ICO). Applying the DAICO minimizes the risk of fraud, specifies the rules, provides an option to vote for refund in case the team fails to implement the project, and excludes various kinds of attacks on the voting process.

Oracles, acting as the arbitrators, will have an exclusive right to initiate the refund poll. As this position is both sensitive and critical to the success of the project, The Abyss team will hire the renowned industry leaders. Boyko-Romanovsky iterates the importance of flexibility and patience when it comes to nascent protocols

Benefits

Key features of the platform:

Increase revenue from one user: a multi-level referral program through which a user attracted by a developer generates additional revenue for him (paid by ABYSS token) from all payments and achievements in any other game on the platform. The player can earn: a similar referral system, through which players receive income (paid by ABYSS token) for attracting friends, not only for their payments, but also for various activities on the platform (achievements, content creation, attraction of new referrals, ) .Economy of money on marketing campaigns: the internal system of advertising offers allows to exchange traffic with other developers, attracting and transferring only relevant users.

Structure and main services of the platform:

A simple authentication system. Implemented a unified authentication system (with support for social networks), which allows users to easily connect to the platform and access all the features offered by the service. Two-factor authentication and other tools to protect user accounts. Single billing and dual-currency transactions. A unified system for receiving payments through reliable payment services. Developers can receive payments for their games in the usual fiat currency, as well as in ABYSS tokens.

Customer Support. 24-hour support service reduces the natural outflow of users. The deeper the support service is integrated into the game, the higher the loyalty of its players. Transparent system of statistics and reporting. The most popular metrics in the gaming industry and convenient reporting forms are available for each project immediately after integration. Forum. A convenient place for communication between all participants of the game ecosystem.

The main advantages for players:

Personal 5-level referral programs.
The ability to generate income from personal and team gaming achievements, as well as the achievements of invited users.
Monetization of game content.
Revenue from trading in the internal gaming auction.
Syndication (as the communities of players within the ecosystem of The Abyss will be called) to receive additional earnings.
Output of Abyss tokens to personal Ethereum-wallet.

In turn, developers also receive a number of advantages:

Additional income from participation in referral programs.
Getting the target and content-creating audience at the stage of launching their own projects.
Access to specialized gaming statistics.
24-hour multi-language support service.
A convenient and understandable service for rotating traffic between any gaming platforms and projects.
A simple mechanism for attracting internal and external traffic.

Start of the active phase of project development is planned for the first quarter of 2018. The first version should be submitted in the fourth quarter of next year. This version will include a startup game package, an API for project integration, a single dual-currency billing, a single authorization system. Also the first variant of the referral program will be launched. Throughout 2019, the team of The Abbys plans to increase the number of connected projects, create personalization and socialization systems, implement a detailed reporting system, as well as the service of domestic offices. For 2020, it is planned to expand the functionality of the platform, introduce multi-level motivational programs, generate and evaluate content, support syndicates and joint gaming achievements.

Token

Token Abyss will act not only as an intra-platform currency, but also as an effective internal mechanism of interaction between all participants. The token will be used to pay out rewards in all referral and motivational programs. Access to most services on the platform will be possible only through the Abyss token. When using Abyss tokens to make in-game purchases, players will receive discounts, which are more profitable than buying for fiat money. Inside the platform will operate its own CPA-network, the work in which will be carried out only through the Abyss token. Active players and bloggers will receive additional earnings opportunities and will be able to receive income in the ecosystem tokens. The platform token will have the designation ABYSS.

ABYSS Token Sale

1 ETH = 2500 ABYSS (ETH and BTC are acceptable)

SOFT CAP = 10 000 ETH

PRE-SALE:

Nov 29, 2017 – Dec 1, 2017.

Minimum contribution – 5 ETH

Pre-Sale Bonus: +25%

TOKEN SALE:

Dec 12, 2017 – Jan 24, 2018.

Minimum contribution – 0,1 ETH

Bonuses during Token Sale (Dec 12 – Jan 24):

Day 1: +15%

Days 2-4: +10%

Days 5-20: +5%

Players who buy tokens during the Pre-sale and main Token Sale will be provided with a platform bonus that spans over 5 years, bonus rewards for new players will be increased.

PRE-SALE

Every payment from:

5 ETH will provide +50% for the 1st level of referral program (my friends)

25 ETH will provide +50% for all other referral levels (friends of my friends, and so on)

TOKEN SALE

Every payment from:

20 ETH will provide +50% for the 1st referral level

100 ETH will provide +50% for all other referral levels.