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Frequently Asked Questions

Where is The Abyss based?

The Abyss LTD incorporated in Malta, registration No.С 85718, registered office at: Orange Point Building, Second Floor, Dun Karm Street, Birkirkara By-Pass, Birkirkara BKR 9037, Malta

What is The Abyss?

The Abyss is a next-generation digital distribution platform, delivering all types of video games (Free2play MMOs and cryptogames being a key priority), including AAA-titles, to the fast-growing global game community.

What is the difference between The Abyss and other game platforms?

Unlike other platforms (Steam, Origin, GOG, etc.), The Abyss offers a groundbreaking motivational and multilevel referral system, allowing gamers to earn from in-game and social activities, and other gamers’ payments as well. By joining The Abyss, developers will reduce their marketing expenses and receive an extra income from referral payments made in other games on the platform.

What is the purpose of applying the blockchain technology to the game platform?

The blockchain technology is very promising for the game industry, since it allows to enjoy all the advantages of cryptocurrencies and tokens. ABYSS tokens (ERC20 standard on the Ethereum blockchain) are a priority internal mechanism for interaction on The Abyss platform. Earnings from all referral and motivational programs are paid in ABYSS tokens. Besides, the majority of internal services will rely on ABYSS tokens only.

What is the Token Sale?

The Token Sale is a process of selling ABYSS tokens created by the project team in order to raise funds for (among other issues) the project launch and development.

What is DAICO?

DAICO is an innovative fundraising model (suggested by the founder of Ethereum, Vitalik Buterin) that merges some of the benefits of Decentralized Autonomous Organizations (DAOs), aimed at upgrading and making the initial ICO concept more transparent and secure. The Abyss Token Sale is an advanced and improved DAICO model, allowing contributors to control the withdrawal of funds, and also providing an option to vote for refund of the contributed money in case the team fails to implement the project.

The Abyss has successfully finished the world's first DAICO on May 16, 2018, raising more than $15 mln in total.

Find more information about DAICO fundraiser at the official landing page.

What is the Token Sale (DAICO) web address?

The Token Sale (DAICO) web address is https://www.theabyss.com

What is the value of each ABYSS token?

1 ETH = 6500 ABYSS
1 BNB = 169 ABYSS

Hardcoded in the Smart Contract as of April 15, 2018

What can I use the ABYSS tokens for?

You can use the ABYSS tokens for the purchases on the platform. Unlike payments, made with fiat money, using ABYSS tokens will get you a discount at the expense of the platform.

Besides, we plan to introduce the additional opportunities for all token holders. In particular, Referral and Motivational programs, Auction, Syndicates and Internal CPA Network will rely on ABYSS tokens only.

ABYSS tokens can be freely transferred to friends within the framework of the platform or withdrawn to cryptocurrency account (both manually and automatically). With the development of the platform more options for ABYSS tokens users will be added.

How the ABYSS tokens will be distributed?

The ABYSS tokens distribution will be as follows:

  • 40%
  • 21%
  • 20%
  • 18%
  • 1%
  • Crowdsale1
  • Company & Advisors2
  • Foundation3
  • Reserve4
  • Bounty

1 ABYSS tokens assigned to Crowdsale include bonus and referral tokens. Depending on the number of bonus tokens distributed during crowdsale, the amount of referral tokens will range from 2.91% to 3.64%. All tokens left after referral payouts will be allocated to motivational programs and will be used at The Abyss platform discretion.

2ABYSS tokens assigned to the Company will be frozen by the DAICO Smart Contract for a period of 2 years. ABYSS tokens assigned to the Advisors will be issued right after the end of Token Sale.

3ABYSS tokens assigned to the Foundation will be frozen by the DAICO Smart Contract for a period of 1 year and will be used for further project development and growth.

4ABYSS tokens assigned for Reserve will be frozen by the DAICO Smart Contract for a period of 6 months. Reserve will be used to provide motivational rewards to players to accelerate the ecosystem growth at the early stage of platform operation, and also to bring amazing new games to the platform.

How will the revenue from the Token Sale be distributed?

The revenue from the Token Sale will be distributed as follows:

Soft Cap:

  • 40%
  • 25%
  • 20%
  • 5%
  • 10%
  • Development
  • Marketing
  • Infrastructure and Software
  • Reserve
  • Legal

Hard Cap:

  • 25%
  • 30%
  • 20%
  • 15%
  • 5%
  • 5%
  • Development
  • Marketing
  • Infrastructure and Software (inc. CDN, DRM)
  • Video Games Development & Distribution
  • Reserve
  • Legal
When will I receive my ABYSS tokens?

You will receive your purchased tokens immediately, after transaction is complete. Referral program bonus tokens will be locked by the Smart Contract for 2 months after current token sale end date and will be accrued on July 16, 2018. The strict KYC / AML verification may be required in case the the signs of rules violation are shown.

What is the volume of ABYSS tokens in circulation?

Total token supply is 508,628,132 ABYSS.

During the first 6 months after the end of Token Sale (DAICO) token circulation supply is 239,055,222 ABYSS.

Where can I find the project’s Privacy Policy?

The Abyss Official documentation: ABYSS Tokens Sale Privacy Policy