The Abyss-Review The First DAICO Project in the World

trungbitcoin2017 (17)in #theabyss • 7 years ago

About ICO Project Overview The Abyss?
Project Title: The Abyss
Headquarters: Gartenstrasse 4, 6300 Zug, Switzerland.
Token code: ABYSS
ERC20 Standard: Yes
Website: https://www.theabyss.com/
Technical information: https://theabyss.docsend.com/view/nff9r2c
Total tokens provided: 603,750,000 ABYSS
Token sold in ICO: 362,250,000 ABYSS (60% of total token)
ICO Time: From March 7, 1818 - April 7, 1818, of which
48 hours open for first sale: + 25%
From July 3-7 of ICO: + 15%
From 8th to 14th of ICO: + 10%
From ICO 15-21: + 5%
Minimum capital mobilization: USD 6,000,000
Maximized mobilization: USD 60,000,000
ABYSS price: $ 0.24
Minimum investment: 0.1 ETH, 1000 BNB
Maximum investment:
From July 1st, the ICO limits the maximum investment to 10 ETH
From 8th day until the end of ICO there will be no maximum investment limit
Accepted currencies are ICO: ETH and BNB
Note: All unsigned tokens will be destroyed

What is The Abyss Project?
The Abyss is a project initiated by Destiny's team. This is a company in Russia that distributes games, has a history of over 10 years, the game is currently being released on Destyni TERA, Botva, Music Wars etc. Destyni has won many awards, such as:

GOHA Award 2014 for the best free games
GOHA Awards 2015 for best CIS MMORPG publishers
TERA's Stopgame "TERA MMORPG" was released on Destiny in 2014
The Abyss is a next generation digital distribution platform, offering all types of video games (Free2play MMOs and cryptogames as a top priority), including AAA title games for the community.

The purpose of The Abyss Project?
The Abyss project put blockchain into operation in distribution technology and provides video games that aim to generate revenue sharing and create maximum conditions for gamers and publishers to develop. games at the best cost. Unlike other platforms (Steam, Origin, GOG, etc.), The Abyss offers a multi-level affiliate marketing system that allows players to earn revenue from in-game activities, social networking as well. As from the payment, purchase of other gamers. By joining The Abyss, developers will reduce their marketing costs and receive additional revenue from marketing payments made in other games on the platform.
For an overview, The Abyss will:

Provides motivational programs that encourage gamers to participate in the game
Affiliate marketing offers commission to pay bonuses to brokers
Create a dual currency exchange environment (ABYSS - Cryptocurrency)
System, auction program items in the game
It is a comprehensive ecosystem that provides services to the participants
Is a statistical platform that provides all the data and information required for game developers
The benefits of participating in The Abyss:

Get access to multiple games at the same time anywhere in the world
Get commissions when referring games for friends, relatives to join
Earn extra income from creating content, tutorials, commentary on a game, certain events on The Abyss
The "off-network" mode allows the player to retain access to some functional platforms even without an Internet connection.
Obtain all other player data if they are interested in being able to interact and make friends
Provides visual and video mode of the gaming process for players to post on social networking sites, thereby increasing the amount of interaction.
The benefits of participating in The Abyss:

Get access to many games at the same time anywhere in the world
Get commissions when referring games for friends, relatives to join
Earn extra income from creating content, tutorials, commentary on a game, certain events on The Abyss
The "off-network" mode allows the player to retain access to some platforms even without an Internet connection.
Obtain all other player data if they are interested in being able to interact and make friends
Provides visual and video mode of the gaming industry for players to post on social networking sites, whereby increasing the amount of interaction.

How does the Abyss work?
Token ABYSS (ERC20) will be the main mechanism on the Abyss platform. Most of the various internal services will use the ABYSS card. Your earnings will also be paid with a token.

When The Abyss receives the payment, 70% is for the game developer and they will keep the remaining 30%. One third of their earnings will be distributed to affiliate referrals. Referrals will receive 4%, 2%, 2%, 1%, 1% of your recommended 1-5 payouts.

For example, John buys a $ 2000 "ninja combat" game. Alice was the one who invited John to buy the game. Stuart is the one who invites Alice to participate in the game as "ninja combat". So 70% of the $ 2,000 will be sent to the "ninja combat" game developer, the remaining 30% will be distributed to all other referrals after taxes and other applicable fees.

What role does the The Abyss Token play?
The distribution of ABYSS will be as follows:

60% of the card will be provided to the ICO
21% of the cards will be distributed to the Company & Consultant (Locked within 1 year from the end of the ICO)
18% of the card will be kept as Reserve (Locked within 6 months from the end of ICO)
01% card must be distributed to the bounty program

The role of ABYSS:

ABYSS is a payment to game developers;
The cost of purchasing ABYSS will be lower;
System inter-vendor exchange between developers only operate in the ABYSS token;
All referral programs and incentives are calculated and paid only on ABYSS cards;
Auction of in-game games and platforms is made with the use of ABYSS cards only;
The system provides accounts based only on ABYSS tags;
Rewards for creating content are calculated using ABYSS tags;
ABYSS cards can be delivered free of charge to friends within the framework of the platform.
Users will receive a discount when purchasing a game with the ABYSS token.

The Abyss Development Roadmap:
Q3 2008: Founded the foundation of Destiny.Games (video game company)

Q3 2016: Formed the idea of creating a new game portal

Q2-Q3 2017: Testing, integrating blockchain technology into the platform.

Q4 2017: Presenting the concept of The Abyss - a new generation digital release platform

Q1 2018: Open to sell Token

Q2 2018:

Start developing The Abyss platform
Presenting the concept of The Abyss to game developers
Q3-Q4 2018:

Stage development platform
Legal and financial preparation for the launch of the project
Partner agreement with game projects
Q1 2019

Launched the first version of The Abyss platform
Integrate multi-level referral programs
Q2 - Q4 2019:

Create positive development of the platform
Expand the number of projects connected to the platform
Introduce personalized and socialized systems
Introduction of detailed reporting system
Introducing the Internal CPA Network.
Q1-Q4 2020:

Extends functionality to the platform
Motivational programs
Complete the auction system in the platform game
2020:

Call for capital to build and develop more platforms (Crowdfunding)
Continue to expand the platform
Team development
The development team of The Abyss
The Abyss development team from Russia, gathered from the team of Destiny Games, the leading game publisher of the CIS region.

He has over 17 years of experience in the gaming industry. Founder of Destiny.Games video game company. A successful blockchain investor, cryptocurrency expert, and enterpreneur.Vladimir Kurochkin technology: Chairman at The Abyss and Destiny.Games. He has over 12 years of experience in the gaming industry, with considerable experience in project development and management. At Destiny.Games, he worked his way from a web project administrator to the president.
Potential of the project:
It is the first project in the world to use DAICO form to raise capital. The advantage here is that investors can vote to withdraw funds if the development team fails to implement the plan. This is a good point of DAICO compared to traditional ICO. The promises will be a trend to call for capital in 2018.
"DAICO is a creative fundraising model (suggested by Ethereum founder Vitalik Buterin), incorporating some of the benefits of decentralized autonomous organizations (DAOs), to upgrade and make the ICO concept. Initially transparent and more secure. Selling Abyss is an advanced and improved DAICO model that allows collaborators to control the withdrawal and provides a refund option in case the team does not execute the project with Oracles. (appointed industry leaders)) as arbitrators. "
Thanks to the adoption of the new DAICO standard, The Abyss is allowed to sell tokens in the United States. This is a very prominent feature because most US citizens can not buy token during the ICO period.
The Abyss credibility was further enhanced when the project became a member of the Enterprise Ethereum Alliance (EEA), a nonprofit financial institution founded by Microsoft and financial institutions. world leading technology. https://entethalliance.org/members/

Massive community is the launch pad for the success of the project and The Abyss has done so by impressive numbers: Nearly 9,000 of them visit the site each day, mostly from Japan, the United States, Korea, Turkey. There are nearly 80,000 subscribers. Telegram has more than 22,000 members.

The Abyss Project is the offspring of https://destiny.games - the leading game publisher of the CIS region with 10 years of experience.
Project developers are real professionals, especially 12 key players with a long history of experience in the gaming industry. The ability of this team will make investors feel secure.
In addition, The Abyss has been very cautious in working with some of its partners to ensure the best protection of the project: Legally they shook hands with Dilendorf Khurdayan. To control their smartcontract, they partnered with New Alchemy, Netki to oversee KYC and V Partnership to support Digital Marketing.
The Abyss has a mechanism to cancel tokens to ensure that no token is issued, resulting in inflation. Refureum, Enjin coin, Chimaera, WAX projects do not have this mechanism.
About the challenges and constraints of the project:
The Abyss is ico behind, before there are many ico also in the field of games like DreamTeam, DMarket or most recently ENJ coin, Refereum. They will have to work a lot to gain market share from these prior projects.
Mr. ALEXEY KOBELEV: Tech lead of the project, written on the website has more than 14 years of experience in software development. But the LinkedIn profile is completely empty.
And although the AByss are backed by https://destiny.games, they will still have to compete with the big guys in the same field as Steam, Galaxy GOG or Kongregate.
On the roadmap of Abyss did not see them announce when to post the coin on the floor. This creates more insecurity for short and medium term investors.
Time and route to implement the idea of the Abyss is too long, this will cause the price of ABYSS may be "retarded" for some time before reaching the expected value
Project conclusion:
Currently The Abyss is being interested around the world because the project has applied DAICO to raise capital. And in many respects, the feasibility of the project is undeniable.