create account

ICO Spotlight | The Abyss – Fall Into This Next-Generation Blockchain Video Game Distribution Platform by kryptonaut

View this thread on: hive.blogpeakd.comecency.com
· @kryptonaut · (edited)
$5.02
ICO Spotlight | The Abyss – Fall Into This Next-Generation Blockchain Video Game Distribution Platform
![the abyss logo.jpg](https://steemitimages.com/DQmeai6xCTumuQMuqmvUfCCE6oJ6LWSykVytoch3VwVTuru/the%20abyss%20logo.jpg)


The Abyss is a digital distribution platform for delivering all types of video games (Free2play MMOs and crypto-games being a key priority), including AAA-titles, to the high-growth global game community.  The platform will bring together gamers and develops using various systems that make using The Abyss “a win” for both participants.  Striking that balance is at the heart where their value proposition lies.  As such, Gamers and developers have equal incentive to bring in users to the platform through The Abyss’s multi-level referral system.  Above that, gamers and developers each have additional reasons to use the platform.  

If you are not familiar with the video game market it is high-growth, but not perfect industry.  On the developer-side they have the burden to advertise and promote their products – a costly expense given that a marketing solution may not be the same between platforms.  On the other side, gamers don’t have incentives to ensure a game succeeds.  Through The Abyss, both sides have opportunities to use one platform and bring more users to it.  In other words, a gamer and developer can profit without it being, or feeling, like a zero sum game where one wins at the cost of the other participants.

The Abyss will also use a variation of the DAOICO model (see ICO 2.0 Model section) to add a level of security to investors by putting the release of funds only if they achieve what they say they will do.  

Lastly, I only plan to hit the main value propositions outlined in their [whitepaper](https://theabyss.docsend.com/view/nff9r2c).  My goal is to make readers aware of The Abyss and get them excited enough about the project to explore it in more detail.

<center><h2>**MULTI-LEVEL REFERRAL SYSTEM**</h2></center>
	
The system is similar to an affiliate model where the users at the top of the period are rewarded for building their networks.  The affiliate marketing is open to gamers and developers alike.

The following table illustrates the percentage referral income to expect at each level:

<table style="width:50%">
<tr><td><center>LEVEL</center></td><td><center>PERCENT</center></td></tr>
<tr><td><center>1<center></td><td><center>4%</center></td></tr>
<tr><td><center>2<center></td><td><center>2%</center></td></tr>
<tr><td><center>3<center></td><td><center>2%</center></td></tr>
<tr><td><center>4<center></td><td><center>1%</center></td></tr>
<tr><td><center>5<center></td><td><center>1%</center></td></tr>
</table>

The following illustration is an example of how the system will work starting if the Indie Game Developer invited Kai to the platform and then invites Gerda, whom then convinces a whale (large investor) to join:




<center>![multi-level referral.PNG](https://steemitimages.com/DQmbfBPgwq2hhnyxPvCLcXN3UGLGNL1czZ9YKRAUvfpd8zZ/multi-level%20referral.PNG)</center>


<center><h2>**ADDITIONAL CAPABILITIES**</h2></center>

While the multi-level referral system is the heart of The Abyss it certainly isn’t the only feature worth mentioning.  However, a lot of the other areas are self-explanatory from their title.  If you don’t agree, then feel free to take a look at the whitepaper and find the section you are looking for.  Here are the best of the rest:

* Syndicates (Masternodes)
* Detailed platform data reporting
* Auctions
* Marketplace
* Game Achievements
* Forums
* Content Creation
* Customer Support Service
* Personalized gamer and developer accounts.

<center><h2>**PLATFORM DIAGRAM**</h2></center>

Put the pieces together and you get the following They Abyss ecosystem illustration:


![the abyss ecosystem.PNG](https://steemitimages.com/DQmTs13WUftM8SbVuFmAANLBa7VJ3znymYmtM6zqDHTjWGZ/the%20abyss%20ecosystem.PNG)



<center><h2>**ICO DISTRIBUTION DETAILS**</h2></center>

ABYSS tokens will be the platform’s currency for payments and rewards.  It will provide the incentive needed to drive user behavior towards whatever opportunities they wish to pursue.


<h4>**ICO 2.0 Model**</h4>

The Abyss will adopt an ICO model that is similar to [Vitalik Buterin’s DAICO concept](https://btcmanager.com/ethereum-cofounder-vitalik-buterin-coins-new-term-daico-ico-improvement/) where Decentralized Autonomous Organization (DAO) elements are brought into an ICO including the ability to leverage crowd wisdom, the distrust of centralized teams, and the ability to spread funding over time.

![DAICO model.PNG](https://steemitimages.com/DQmWEGLQWmptD4mMkeMrc35zMaaAPB74miWicMwoGUX4D6u/DAICO%20model.PNG)

The Abyss Token Sale is improves on the model by allowing token holders to control the fund withdrawal limit, also providing an option to vote for the refund of the remaining contributed money in case the team fails to implement the project, with Oracles (appointed industry leaders) acting as arbitrators.


<table style="width:100%">
<tr><td>TOKEN SYMBOL</td><td>ABYSS</td></tr>
<tr><td>TOKEN TYPE</td><td>ERC-20</td></tr>
<tr><td>ICO PERIOD</td><td>MAR 7th 2018 – APR 7th 2018</td></tr>
<tr><td>TOTAL SUPPLY</td><td>603,750,000</td></tr>
<tr><td>TOKEN RATE</td><td>1 ABYSS = 0.24 USD</td></tr>
<tr><td>MINIMUM CONTRIBUTION</td><td>1 ETH (USA res) 0.1 ETH (Everyone else)</td></tr>
<tr><td>ACCEPTED CURRENCIES</td><td>ETH, BNB</td></tr>
<tr><td>RESTRICTIONS</td><td>All U.S. persons can register and participate in the referral program to receive free bonus tokens from contributions made by their referrals. However, only accredited U.S. investors may contribute (sale is carried out under Regulation D of the Securities Act of 1933). Transfer of tokens sold under Regulation D will be restricted for a 1 year period.</td></tr>
</table>

<table style="width:100%">
<tr><td><center>ICO PHASE</center></td><td><center>BONUS</center></td></tr>
<tr><td>FIRST 48HRS</td><td>25%</td></tr>
<tr><td>DAYS 3-7</td><td>15%</td></tr>
<tr><td>DAYS 8-14</td><td>10%</td></tr>
<tr><td>DAYS 15-21</td><td>5%</td></tr>
</table>

<center><h2>**ICO PROCEED USE ALLOCATION**</h2></center>

<table style="width:100%">
<tr><td><center>AREA</center></td><td><center>PERCENT</center></td></tr>
<tr><td>MARKETING</td><td>40%</td></tr>
<tr><td>INFRASTRUCTURE & SOFTWARE (incl. CDN, DRM)</td><td>20%</td></tr>
<tr><td>VIDEO GAME DEVELOPMENT & DISTRIBUTION</td><td>15%</td></tr>
<tr><td>DEVELOPMENT</td><td>15%</td></tr>
<tr><td>RESERVE</td><td>5%</td></tr>
<tr><td>LEGAL</td><td>5%</td></tr>
</table>

<center><h2>**ROADMAP**</h2></center>

<table style="width:100%">
<tr><td><center>DATE</center></td><td><center>MILESTONE</center></td></tr>
<tr><td>Q1 2018</td><td>Token Sale</td></tr>
<tr><td>Q2 2018</td><td>Commencing The Abyss platform development/Presentation of concept of The Abyss to game developers</td></tr>
<tr><td>Q3-Q4 2018</td><td>Active phase of platform development/Legal & financial preparation for the launch of the project/Partnership agreements with game projects</td></tr>
<tr><td>Q1 2019</td><td>1st version of the platform with the startup game package/API for project integration/Unified bi-currency billing/Unified system of authorization/The first integration of multilevel referral programs</td></tr>
<tr><td>Q2-Q4 2019</td><td>Active development of the platform (Expand # of projects/personalization and socialization systems/reporting system/internal CPA Network)</td></tr>
<tr><td>Q1-Q4 2020</td><td>Expand Platform Functionality (Motivational programs/Content generation and evaluation/Auction/Syndicates/Joint game achievements)</td></tr>
<tr><td>2021+</td><td>Crowdfunding platform/Further extension of the platform</td></tr>
</table>

<center><h2>**FINAL THOUGHTS**</h2></center>

The video game industry isn’t going away.  It’s a high-growth and evolving industry that already has a number of well-known digital distribution platforms that The Abyss knows are competitors such as STEAM, UPLAY, ORIGIN, KONGREGATE, and GOG (all mentioned in their whitepaper).  Yet, on paper, The Abyss has laid out a description of a platform that sounds like a great place for gamers and developers.  The referral system is pretty cool, but if it isn’t implemented near perfectly, it might not gain mainstream acceptance, which will leave The Abyss vulnerable.  However, if successful, the referral model could be adopted by other industries, so I plan to cheer them on and try to assist where I can.

I can easily see myself using the platform and I hope I convinced the blockchain community to consider giving They Abyss a deeper look as they hit their roadmap milestones.  

<center><h2>**ICO RATINGS**</h2></center>

[ICO Rating](https://icorating.com/ico/the-abyss/) - POSITIVE
[ICO Bench](https://icobench.com/ico/the-abyss/ratings) – 4.4/5.0
[ICO Holder](https://icoholder.com/en/the-abyss-16848) – 4.32/5.0
[ICO bazaar](https://icobazaar.com/) – 4.0/5.0

<center><h2>**THE ABYSS REFERENCE LINKS**</h2></center>

[Website](https://www.theabyss.com/)
[ICO Details](https://www.theabyss.com/#details)
[Whitepaper](https://theabyss.docsend.com/view/nff9r2c)
[FAQ](https://www.theabyss.com/faq)
[Telegram](https://t.me/theabyss)
[Twitter](https://twitter.com/theabyss)

These posts have greater value when you comment. Please share your thoughts with the Steemit community.

Traversing the Cryptosphere,
Kryptonaut (GeneralCryptoZod on Telegram)
Bitcointalk profile: [johnnyjj](https://bitcointalk.org/index.php?action=profile;u=1114652;sa=summary)

![kryptonaut.png](https://steemitimages.com/DQmbzCjqp7oNpv1fwSCRSnUxo8tWmuuVDT3tiizFdygcBZW/kryptonaut.png)
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 47 others
properties (23)
authorkryptonaut
permlinkico-spotlight-or-the-abyss-fall-into-this-next-generation-blockchain-video-game-distribution-platform
categorybitcoin
json_metadata{"tags":["bitcoin","cryptocurrency","ico","abyss","theabyss"],"image":["https://steemitimages.com/DQmeai6xCTumuQMuqmvUfCCE6oJ6LWSykVytoch3VwVTuru/the%20abyss%20logo.jpg","https://steemitimages.com/DQmbfBPgwq2hhnyxPvCLcXN3UGLGNL1czZ9YKRAUvfpd8zZ/multi-level%20referral.PNG","https://steemitimages.com/DQmTs13WUftM8SbVuFmAANLBa7VJ3znymYmtM6zqDHTjWGZ/the%20abyss%20ecosystem.PNG","https://steemitimages.com/DQmWEGLQWmptD4mMkeMrc35zMaaAPB74miWicMwoGUX4D6u/DAICO%20model.PNG","https://steemitimages.com/DQmbzCjqp7oNpv1fwSCRSnUxo8tWmuuVDT3tiizFdygcBZW/kryptonaut.png"],"links":["https://theabyss.docsend.com/view/nff9r2c","https://btcmanager.com/ethereum-cofounder-vitalik-buterin-coins-new-term-daico-ico-improvement/","https://icorating.com/ico/the-abyss/","https://icobench.com/ico/the-abyss/ratings","https://icoholder.com/en/the-abyss-16848","https://icobazaar.com/","https://www.theabyss.com/","https://www.theabyss.com/#details","https://www.theabyss.com/faq","https://t.me/theabyss","https://twitter.com/theabyss","https://bitcointalk.org/index.php?action=profile;u=1114652;sa=summary"],"app":"steemit/0.1","format":"markdown"}
created2018-03-03 02:09:57
last_update2018-03-03 02:36:30
depth0
children10
last_payout2018-03-10 02:09:57
cashout_time1969-12-31 23:59:59
total_payout_value4.490 HBD
curator_payout_value0.534 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length9,561
author_reputation4,582,279,723,960
root_title"ICO Spotlight | The Abyss – Fall Into This Next-Generation Blockchain Video Game Distribution Platform"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id41,770,278
net_rshares1,118,738,120,716
author_curate_reward""
vote details (111)
@alejandrofz ·
Excellent contribution my friend, this news for my time, as gaming I love that cryptocurrencies can contribute to the area of video games because in my opinion you need to have competition so that prices can go down.
👍  
properties (23)
authoralejandrofz
permlinkre-kryptonaut-ico-spotlight-or-the-abyss-fall-into-this-next-generation-blockchain-video-game-distribution-platform-20180303t022301313z
categorybitcoin
json_metadata{"tags":["bitcoin"],"app":"steemit/0.1"}
created2018-03-03 02:23:06
last_update2018-03-03 02:23:06
depth1
children2
last_payout2018-03-10 02:23:06
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length216
author_reputation2,260,676,528,219
root_title"ICO Spotlight | The Abyss – Fall Into This Next-Generation Blockchain Video Game Distribution Platform"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id41,772,263
net_rshares926,750,519
author_curate_reward""
vote details (1)
@kryptonaut ·
Glad you enjoyed the post and thanks for the kind words.  Thy Abyss does look like a cool platform.  I hope they are successful.
properties (22)
authorkryptonaut
permlinkre-alejandrofz-re-kryptonaut-ico-spotlight-or-the-abyss-fall-into-this-next-generation-blockchain-video-game-distribution-platform-20180303t023732861z
categorybitcoin
json_metadata{"tags":["bitcoin"],"app":"steemit/0.1"}
created2018-03-03 02:37:33
last_update2018-03-03 02:37:33
depth2
children1
last_payout2018-03-10 02:37:33
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length128
author_reputation4,582,279,723,960
root_title"ICO Spotlight | The Abyss – Fall Into This Next-Generation Blockchain Video Game Distribution Platform"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id41,774,575
net_rshares0
@alejandrofz ·
We all expect the same. And as an additional detail your presale is not as exaggerated as it is already costumer.
properties (22)
authoralejandrofz
permlinkre-kryptonaut-re-alejandrofz-re-kryptonaut-ico-spotlight-or-the-abyss-fall-into-this-next-generation-blockchain-video-game-distribution-platform-20180303t032005786z
categorybitcoin
json_metadata{"tags":["bitcoin"],"app":"steemit/0.1"}
created2018-03-03 03:20:09
last_update2018-03-03 03:20:09
depth3
children0
last_payout2018-03-10 03:20:09
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length113
author_reputation2,260,676,528,219
root_title"ICO Spotlight | The Abyss – Fall Into This Next-Generation Blockchain Video Game Distribution Platform"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id41,781,439
net_rshares0
@dicky ·
Nice post
properties (22)
authordicky
permlinkre-kryptonaut-ico-spotlight-or-the-abyss-fall-into-this-next-generation-blockchain-video-game-distribution-platform-20180303t031908680z
categorybitcoin
json_metadata{"tags":["bitcoin"],"app":"steemit/0.1"}
created2018-03-03 03:19:12
last_update2018-03-03 03:19:12
depth1
children0
last_payout2018-03-10 03:19:12
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length9
author_reputation762,431,341,059
root_title"ICO Spotlight | The Abyss – Fall Into This Next-Generation Blockchain Video Game Distribution Platform"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id41,781,289
net_rshares0
@mauma75 ·
A very good news for the world of video games, players and developers. I like that combination of video games and cryptocurrencies.

![Firma Steemit.png](https://steemitimages.com/DQmZ9kD3TR43j2cK46Que1dF4P64PxZbdRrSsQonSCeMs3i/Firma%20Steemit.png)
👍  
properties (23)
authormauma75
permlinkre-kryptonaut-ico-spotlight-or-the-abyss-fall-into-this-next-generation-blockchain-video-game-distribution-platform-20180303t024614152z
categorybitcoin
json_metadata{"tags":["bitcoin"],"image":["https://steemitimages.com/DQmZ9kD3TR43j2cK46Que1dF4P64PxZbdRrSsQonSCeMs3i/Firma%20Steemit.png"],"app":"steemit/0.1"}
created2018-03-03 02:46:21
last_update2018-03-03 02:46:21
depth1
children1
last_payout2018-03-10 02:46:21
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length248
author_reputation66,152,849,663
root_title"ICO Spotlight | The Abyss – Fall Into This Next-Generation Blockchain Video Game Distribution Platform"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id41,775,954
net_rshares956,171,170
author_curate_reward""
vote details (1)
@kryptonaut ·
Agree, thanks for commenting.
properties (22)
authorkryptonaut
permlinkre-mauma75-re-kryptonaut-ico-spotlight-or-the-abyss-fall-into-this-next-generation-blockchain-video-game-distribution-platform-20180303t080909230z
categorybitcoin
json_metadata{"tags":["bitcoin"],"app":"steemit/0.1"}
created2018-03-03 08:09:09
last_update2018-03-03 08:09:09
depth2
children0
last_payout2018-03-10 08:09:09
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length29
author_reputation4,582,279,723,960
root_title"ICO Spotlight | The Abyss – Fall Into This Next-Generation Blockchain Video Game Distribution Platform"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id41,828,796
net_rshares0
@ryjin1007 ·
Making a blockchain for gaming is a huge idea which are soaring high right now because of the technology is rapidly rising
properties (22)
authorryjin1007
permlinkre-kryptonaut-ico-spotlight-or-the-abyss-fall-into-this-next-generation-blockchain-video-game-distribution-platform-20180303t183647934z
categorybitcoin
json_metadata{"tags":["bitcoin"],"app":"steemit/0.1"}
created2018-03-03 18:36:51
last_update2018-03-03 18:36:51
depth1
children0
last_payout2018-03-10 18:36:51
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length122
author_reputation498,021,359
root_title"ICO Spotlight | The Abyss – Fall Into This Next-Generation Blockchain Video Game Distribution Platform"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id41,934,883
net_rshares0
@steemvote ·
This post was resteemed by @steemvote and received a 7.57% Upvote
👎  ,
properties (23)
authorsteemvote
permlinkico-spotlight-or-the-abyss-fall-into-this-next-generation-blockchain-video-game-distribution-platform2018-03-03
categorybitcoin
json_metadata{"tags":[""],"app":"steemjs/steemvote"}
created2018-03-03 02:31:57
last_update2018-03-03 02:31:57
depth1
children0
last_payout2018-03-10 02:31:57
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length65
author_reputation1,560,643,521,824
root_title"ICO Spotlight | The Abyss – Fall Into This Next-Generation Blockchain Video Game Distribution Platform"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id41,773,705
net_rshares-3,754,014,234
author_curate_reward""
vote details (2)
@superbot ·
![New_Intro2.gif](https://steemitimages.com/DQmT6EdiefiGhmJtJ4cNAmpnP4tQhy2FnZeFovD1GQrKPuB/New_Intro2.gif)

**This post is Powered by @superbot all the way from Planet Super Earth.**

**Your post will Appear in the feed of 1100+ Followers :)**

__So don't waste any time ! Get More Followers and gain more Visibility With @superbot__
properties (22)
authorsuperbot
permlinkre-kryptonaut-ico-spotlight-or-the-abyss-fall-into-this-next-generation-blockchain-video-game-distribution-platform-20180303t124525497z
categorybitcoin
json_metadata{"tags":["bitcoin"],"users":["superbot"],"image":["https://steemitimages.com/DQmT6EdiefiGhmJtJ4cNAmpnP4tQhy2FnZeFovD1GQrKPuB/New_Intro2.gif"],"app":"steemit/0.1"}
created2018-03-03 12:45:27
last_update2018-03-03 12:45:27
depth1
children0
last_payout2018-03-10 12:45:27
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length334
author_reputation24,054,780,984
root_title"ICO Spotlight | The Abyss – Fall Into This Next-Generation Blockchain Video Game Distribution Platform"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id41,875,024
net_rshares0
@upmyvote ·
re-kryptonaut-ico-spotlight-or-the-abyss-fall-into-this-next-generation-blockchain-video-game-distribution-platform-20180303t043319894z
You got a 3.18% upvote from @upmyvote courtesy of @kryptonaut!
If you believe this post is spam or abuse, please report it to our [Discord](https://discord.gg/yv2TMPu) #abuse channel.

If you want to support our [Curation Digest](https://steemit.com/curation/@buildawhale/buildawhale-curation-digest-02-06-18) or our Spam & Abuse prevention efforts, please vote [@themarkymark](https://v2.steemconnect.com/sign/account-witness-vote?witness=themarkymark&approve=1) as witness.
properties (22)
authorupmyvote
permlinkre-kryptonaut-ico-spotlight-or-the-abyss-fall-into-this-next-generation-blockchain-video-game-distribution-platform-20180303t043319894z
categorybitcoin
json_metadata{"app":"postpromoter/1.8.7"}
created2018-03-03 04:33:21
last_update2018-03-03 04:33:21
depth1
children0
last_payout2018-03-10 04:33:21
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length476
author_reputation2,697,753,443,622
root_title"ICO Spotlight | The Abyss – Fall Into This Next-Generation Blockchain Video Game Distribution Platform"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id41,793,396
net_rshares0