Estimated reading time: 6 minutes
In this review, we’d like to introduce one of the most talked about token sale and gaming concept called The Abyss (The First DAICO)! You must be wondering how Blockchain and gaming can fit together in a sentence. However, you must also understand that the Abyss is a unique concept that merges the world of Cryptocurrencies with gaming for the benefit of developer and users in general.
To get a more in-depth perspective of what the Abyss really is, we ask you to read this review in details and ensure that you have followed our directions here. Once the train gets going, there will be no jumping on-board a train in motion. So if we are together at this point in time, we can get started by first describing what this platform is all about and how it is likely to benefit you as the user.
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They call it ”the next gen digital distribution platform” with a focus for video games delivery. These games will include cryptogames, Free2play MMOs and AAA titles as well.
There is a huge demand for games globally. Aside from that, blockchain technology is now promising to revolutionize the world of gaming. The problem is that until now, nobody has ever come up with a platform that would merge the two for the benefit of the developer and user.
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Note: If your language is not English, you should use the language dropdown menu at the top right hand side of their page to select your language.
Of course competitions exist. Let’s say Steam, Origin, GOG and so on. These are real competitors of The Abyss who will go to great lengths in the near future to implement what The Abyss has already started.
However, there is still a big difference between The Abyss platform and other platforms which we just mentioned above.
You see, with The Abyss platform, we are talking of a groundbreaking motivational and multilevel referral program where gamers will be paid based on their gaming activities within the ecosystem.
Naturally when a dedicated platform like this is launched, the developer will enjoy the advantage of reducing their marketing expenses while still making revenue from referral payments which come from other games within the same platform.
Now, at this point in time, one may ask why blockchain is relevant to The Abyss. The answer is simple. Blockchain technology is really offering immense opportunities in the gaming industry. The two must be merged in order to realize the full potential that Cryptocurrencies and token can bring in the world of gaming. Definitely there is a bright future between these two areas.
ABYSS tokens are based on the standard ERC20 blockchain technology (which is the same reason why you’ll be purchasing this token in Ethereum and not in any other altcoin).
Because this is a phenomenal idea, most people who love games will at some point want to participate in the ABYSS platform. But for this interaction to take place, they’ll need ABYSS tokens for purposes of fulfilling transactions.
Once you have become a member, you will receive all your earnings (whether they come from referral or motivational programs) in ABYSS tokens.
When we look at this idea and concept from all angles, we can clearly see that there is some serious potential in the near future. Actually, this is the reason why you must participate in the token sale to enjoy the bonuses that come with purchasing them during that specified time.
Token sale is set to begin on 7th February and end in March 1st 2018. If you send any funds before this period, they will automatically be rejected and sent back to your wallet. Please take note of this.
Like any legitimate token sale out there, The Abyss has a soft and hard cap. The soft cap is 5 000 ETH while the hard cap is 50 000 ETH. If the soft cap is not attained, all funds will be returned to their owners. On the other hand, if the hard cap is attained, sale of token will stop.
Total token supply is 575 MLN. The smart contract will burn any token that is not sold during this period.
The whitepaper is very clear on the road map and issues which they plan to tackle in 2018 and beyond.
They have a very detailed road map which shows us how The Abyss platform first started and where it is heading to after this. This is quite inspiring as everything is laid out in great details. There is no reason to think that these guys don’t know what they are doing.
As an investor, it’s in your best interest to know how the funds will be used once collected during the upcoming token sale.
Now, the whitepaper has information about token distribution. This information is also available on the site for all to see.
Crowd sale is assigned 60%. The other 21% is assigned to company and advisors. 18% goes to reserve and 1% to bounty.
How will proceeds be used once they arrive at the Abyss platform?
The company says that 45% will be used for operational cost, the other 25% for marketing activities, 20% development, 5% reserve and the other 5% for legal issues.
In layman’s terms, this information would mean that both gamers and developers will have a fair deal of advantage when it comes to working with the ABYSS to find solutions that merge gaming with Cryptocurrencies.
By the way, that concept will drive the price of this token even higher. This is not like any other token sale you’ve seen out there. Majority of those token sale claim that price will rise from A to B yet there is no concept or real product to back the value of the token in question.
When we base our argument based on this fact, you should deduce that tokens with no real product or value behind them should never be purchased by investors who want to make money.
On the other hand, the ABYSS token is already giving us more than enough reasons to prepare for the ICO sale.
Gamers will have the benefit of participating in 5 level referral program, same as developers.
Gamers will earn Cryptos when they perform personal or joint tasks.
You can think about it in this way: The ABYSS platform simply allows you to earn from your gaming activities in various ways. This money can be withdrawn straight away in our Ether wallet for other uses.
On the other hand, developers will have access to statistics from these gamers which can aid greatly when it comes to decision making.
The point is, the ABYSS platform intends to bring real value to both gamers and developers. Either way, you should still think about investing in this platform.
Even if it was a scam or a pyramid scheme, consider the fact that the concept of DAICO is supposed to make ICOs transparent and more secure.
Since The Abyss Token Sale is a DAICO model, you can directly control the withdrawal of your funds. That means that if you later decide to opt out from the project, you will have the freedom to do so without restrictions.
The Abyss platform is definitely a top recommendation for the Valforex.com community. We want you to join us here. The concept is innovative and bound to become the next big thing. Get in when it’s still early.
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