The Abyss gaming platform for the first time sells tokens on the DAICO model

The Abyss gaming platform plans to conduct the first in the world token-based on the mechanism of decentralized distribution of tokens - DAICO. At the heart of the product is blockade technology, which allows creating a modern game environment with the possibility of using crypto currency.
The Abyss builds a "smart" gaming ecosystem in which developers earn, reducing marketing costs, and users - receiving a percentage of referral payments. Now you can get income not only with payments, but also with the help of gaming and social activity. Priority for the project will be Free2play MMO games and crypto games. Also on the platform will be available games of other genres, including AAA-class games.
ICO evolves into DAICO
Limited regulation ICO in most states attracts scammers, and, accordingly, does not protect investors from loss of investment. In addition, ICO often has to limit the time and amount of fees. Prospective ICO are so popular that they end in minutes, and not all willing investors have time to participate in them.

The founder of the Ethereum platform Vitalik Buterin proposed to improve the ICO model - adding to it the best characteristics of decentralized autonomous organizations (DAO), which will simplify a number of processes and increase the security of the system. So there was DAICO - an innovative model of fundraising that makes primary offers safer and more democratic for investors.
According to Vitalik Buterina, a single team of programmers, who decided to raise money for the project, publishes the DAICO contract. The DAICO contract starts with the "investment regime". The following describes the mechanism of how you can contribute to the contract, exchanging for tokens. The team can choose any implementation mechanism - limited or unlimited sale, Dutch auction, interactive ICO, KYC-sale.
After the end of the investment period, the opportunity to enter the broadcast is closed, the initial token balances are determined. Now they can be traded. "DAICO is a simple, smart solution. It starts with an ICO-like stage, called the "deposit mode", during which people buy tokens. After reaching the goal or the time limit, the tokens become tradable, "the founder of Ethereum commented.
When funds are paid, the state of the contract is determined by "tapas". They, in turn, set a period and the amount that the developers can withdraw from the contract. Thanks to the new model, investors with the help of voting will be able to come to a common opinion about the monthly amount spent on attracted investments.
Investors give developers a monthly budget and monitor their work. If they are satisfied with the state of affairs, the amount can be increased if necessary, if not - investors have the right to close the contract and withdraw their funds.

The gaming industry and The Abyss
The Abyss is a gaming portal primarily with massively multiplayer online games (MMO games) that offers players and developers a multi-level referral program (which is spent on the net income of the platform from user payments).
The Tokensail of the Abyss gaming platform will work on the DAICO model. In an improved concept with the help of Oracle-industry professionals - you can close the project and return the investments to the holders of the tokens. The size of the initial tap will be determined by the project team after the end of the token.
Key features of the project:
● Dual currency;
● the ability to output tokens on a crypto-jar (also in automatic mode);
● Service gaming.
In addition, with the help of an internal CPA network (Cost Per Action), service providers can exchange traffic with colleagues, acquire and provide relevant users to each other.
As for the motivation of the participants, the developers also receive an income (%) from the payments that the users attracted by them make in other platform games. In addition, developers become partners, because now they directly buy and sell each other's targeted traffic. The developer's direct income from payments in his game is 70%.
The platform offers developers a number of other advantages, including the ability to accept payments in the ABYSS tokens (ERC20 protocol on Ethereum) and in currency, the target audience at the start of the project, the ability to integrate round the clock support service into their games, etc.
Players, in turn, can participate in motivational programs and receive rewards in tokens for gaming achievements, creating content (reviews, streams, guides, etc.), accomplishing the tasks of developers. Each player can become a member of the referral program and receive a percentage of all payments made by his friends, as well as friends of their friends, etc. (only 5 levels). Also gamers can earn by selling game items in the domestic auction, and participating in syndicates (Masternodes).
The platform will be presented on Desktop (Windows, MacOS, Linux), mobile (iOS, Android) and browser (Web) versions will also be available.
The sale of tokens will start on February 7 (15:00 UTC) and will last until April 1 (15:00 UTC). Soft Cap project is 5000 ETH. For sale will be exposed to 60% of the released tokens.

Separately it is worth noting that in 2017 the video game market grew by 12% and exceeded the $ 100 billion mark, which was another record for the industry. Analysts SuperData predict that by 2020 it will increase by another 60-80% and reach $ 168 billion.
To learn the news of the project, to discuss the DAICO concept and to suggest an idea for its improvement, it is possible in the Telegram-chat of the project The Abyss.

Send a question or suggestion for improving the DAICO model as well as detailed information can be found here: https://www.theabyss.com/