The Abyss - Blockchain Alternative to Steam
The decentralized product The Abyss is a next-generation digital distribution platform for games. In the video game industry their main focus is on F2P (free to play) and massively multiplayer online game (MMO). Their intention is to motivate gamers and developers through a series of incentives such as referrals, selling virtual goods, content creation among others.
Video Review of The Abyss
Their main competitors in the non-decentralized world is Steam, but they plan to be competitive by focusing on giving gamers and developers more motivational ways to earn revenue with gaming. For example, in terms of motivational programs, besides giving various achievements for investigating the platform's features, Steam and GOG do not offer any of the following features of The Abyss:
- Various achievements for investigating the platform's features
- Reward payments for receiving achievements
- 5-level referral program for gamers and developers
- Internal CPA Network for developers
- Motivation system for gamers, stimulating to invite more friends on the platform
- Motivation system for developers, stimulating to invite more users on the platform
Benefits
With regards to benefits, here are the most relevant in my opinion for gamers:
- Personal five-level referral program
- Monetization of content created
- Earning extra income at in-game auction
and for developers:
- Personal five-level referral program
- Target and content-generating audience at the start of the project
- Access to specialized game statistics
These benefits are mostly centered in generating revenue or income for the people that add the most value to gaming.
How does it work?
Below you can see how the platform will work:
In essence, gamers and developers can buy and sell the Abyss token in exchanges and they can earn the Abyss token through a series of channels (referrals, internal cost-per-action network, auction of virtual items, etc.). One important point is that the tokens from the internal CPA network and the auction transactions will be burnt through the smart contract, meaning that the scarcity of the token should increase as time passes.
Team
The team is experienced, and the majority of them come from a sister company, Destiny.Games that was founded around 9 years ago. This means that the team will most likely be able to deliver what they promised in the roadmap because they have the human resources and the know-how to do so.
As an example, Konstantin, the founder has 17+ years of experience in the game industry. He is also the founder of Destiny.Games video game company and has been a successful blockchain investor, cryptocurrency expert, and technology entrepreneur.
Token sale
KYC - MAR 19, DAICO - APR 16
Price: 1 ABYSS = 0.24 USD
Soft Cap: 6M USD (and hard cap 60M USD + 300 000 BNB)
It is important to keep in mind that if the soft cap is not met, all funds will be returned.
Roadmap
The roadmap is quite comprehensive, and for 2018 the plan is the following:
For the first half of the year:
- Introducing The Abyss platform prototype
- Conducting the Token Sale
- Commencing The Abyss platform development
- Presentation of concept of The Abyss to game developers
For the second half of the year:
- Active phase of platform development
- Legal and financial preparation for the launch of the project
- Partnership agreements with game projects
Relevant Links
Web: https://www.theabyss.com/
Whitepaper: https://theabyss.docsend.com/view/7i85zit
Telegram: https://bit.ly/TheAbyssTG
Twitter: https://twitter.com/theabyss