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#Mobile & Gaming, #Finance All projects

The Abyss: Reward ecosystem for gamers and developers

The Abyss: Next-generation digital distribution platform, delivering all types of video games, to the global game community

stage Ended crowdsale

KPLs

  • Employees12

Team

12
man KONSTANTIN "SEPHIROTH" BOYKO-ROMANOVSKY

FOUNDER

17+ years of experience in the game industry. Founder of Destiny.Games video game company. A successful blockchain investor, cryptocurrency expert, and technology enterpreneur.

man VLADIMIR KUROCHKIN

PRESIDENT

12+ years in the game industry, with significant experience in projectdevelopment and management. At Destiny.Games, he worked his way up from a web projectadministrator to president.

man ARTEM "SHANNI" VEREMEENKO

EXECUTIVE PRODUCER

An executive producer, a leading game designer, and a scriptwriter with 14+ years of experience in the game industry. The author of F2P Botva Online game. He has workedat Destiny.Games since 2008, when the company was founded.

man EVGENY PETROV

CHIEF MARKETING OFFICER

8+ years of experience in marketing field, and 2+ years in the game industry. Evgeny worked for the Russian IT giant, Mail.ru Group, contributing to the launch of Revelation, PUBG, Eternal and other projects.

man STANISLAV "MADMINDER" KUZIN

VP OF PLATFORM DEVELOPMENT

20 years of experience in creating scalable and highly available IT services. Expert in Web projects development. Agile and scrum coach. Prior to joining The Abyss team in 2018, worked at Social Discovery Ventures and Acronis Inc.


Advisors

5
man TONY SIMONOVSKY

TOKEN SALE ADVISOR

Tony is a serial entrepreneur with more than 14 years of experience in digital marketing. In 2017 Tony started specialising in token launches by developing marketing strategies and executing on it. His efforts helped his clients, including KickICO, Gameflip and BnkToTheFuture sell more than $40,000,000 of tokens.

man MAX DILENDORF

US LEGAL ADVISOR (REG. D)

Max provides legal advice and guidance to The Abyss team in connection with the sale of ABYSS tokens in the US under Regulation D of the Securities and Exchange Act. Max’s practice involves blockchain, virtual currencies and ICOs. He handles legal andSEC regulatory aspects of the blockchain industry, including rules applicable to token generating events and crypto fund formations.

man RIKA KHURDAYAN

US LEGAL ADVISOR (REG. D)

Rika provides legal advice and guidance to The Abyss team in connection with the sale of ABYSS tokens in the US under Regulation D of the Securities and Exchange Act. Rika’s focuses on legal and regulatory aspects of blockchain and distributed ledger technology, particularly, securities and futures regulations applicable to token generating events and cryptocurrency.

man MICHAEL KIM

BUSINESS DEVELOPMENT ADVISOR

Michael has worked in multinational game and IT companies like Electronic Arts, Microsoft, Blizzard, Wargaming and Havok. He successfully took various responsibilities in marketing, sales, business development and management position for more than 18 years. In 2017, he established private company named CoinInside to enter cryptocurrency industry.

man MIKKO OHTAMAA

TECHNICAL ADVISOR

Mikko has been developing cryptocurrency, blockchain and smart contract technologies since 2013. He is the cofounder and CTO of TokenMarket Ltd., one of the leading token sale platforms. Mikko holds MSc. in industrial engineering and management from the University of Oulu. In 2017, Mikko ran a technical execution for 20+ token sales.





Crowdsale details

Distribution of tokens
  • Crowdsale (40%)
  • Company & Advisors (21%)
  • Foundation (20%)
  • Reserve (18%)
  • Bounty (1%)
Budget allocation
  • Marketing (30%)
  • Development (25%)
  • Infrastructure and Software (20%)
  • Video Games Development & Distibution (15%)
  • Legal (5%)
  • Reserve (5%)
Details Indicators
Token Symbol ABYSS
Full Token Name Abyss Token
Crowdsale Start April 16th, 00:00 GMT+03:00
Crowdsale End Hard cap is reached or May 16th, 00:00 GMT+03:00
Crowdsale Hard Cap Fixed, 34615 ETH
Crowdsale Soft Cap Yes, 11538 ETH
Domain registration date 2000-06-07
Domain owner Whois Agent, Domain Protection Services, Inc., PO Box 1769, Denver, CO, UNITED STATES

Cost of the token

1 token for 0.08 $

Price without discounts

Bonuses

Crowdsale
Bonus Dates Minimum purchase amount
25% April 16 — 17, 2018
15% April 18 — 22, 2018
10% April 23 — 29, 2018
5% April 30 — May 05, 2018

Accepted currency

  • Ethereum
  • Fiat
  • Other


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FAQ

FREQUENTLY ASKED QUESTIONS

Where is The Abyss based?

The Abyss LTD (Malta) is incorporated in Dun Karm Street, 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.

What is the Token Sale (DAICO) timeline? Will it imply any bonuses?

DAICO starts on April 16, 2018. Participants will be granted 25% to 5% bonus for the amount of tokens they have purchased during the Token Sale period.

First 48HRS - Bonus 25%
Days 3-7 - Bonus 15%
Days 8-14 - Bonus 10%
Days 15-21 - Bonus 5%

What is the Token Sale (DAICO) web adress?

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

How can I purchase the ABYSS tokens? What payment methods will be acceptable?

We will accept Ethereum (ETH) and Binance (BNB) tokens payment methods.

Please, note that BNB tokens are accepted from the international (non-U.S.) participants only. The minimum contribution for Binance tokens is 1000 BNB, and there’s no maximum contribution. The Binance tokens Hard Cap is 300.000 BNB. Since sending BNB tokens to the Smart Contract is a complicated procedure, we recommend it to the experienced users only.

Can I use fiat money for the ABYSS tokens purchase?

No. We will accept Ethereum (ETH) and Binance (BNB) tokens payment methods. You can use fiat money to buy ETH on Bittrex, Poloniex, Kraken, Bitfinex, Bitstamp or any other dedicated portal.

Should I pass the KYC / AML procedure to participate in Tokne Sale (DAICO)?

Yes. We will run a KYC / AML program for everyone. In addition, the U.S. citizens should pass the accreditation process. The respective instructions on passing the KYC / AML process will follow.

Will you enable a Whitelist?

Yes. Everyone who registers and passes the KYC / AML procedure successfully, will be whitelisted and have a guaranteed right to participate. However, we reserve the right to stop whitelisting any time.

What is the value of each ABYSS token?

The ABYSS tokens are USD pegged currency. The value of each ABYSS token is 0.08 USD.

We will set a course for ETH and BNB in a few days before the start of Token Sale, depending on the market rates.

What are the minimum and maximum contributions during the Token Sale (DAICO)?

The minimum contribution for first 24HRS is 0.2 ETH, maximum - 20 ETH. Starting from the 2nd day the minimum contribution remains the same, with no cap limit.

The minimum contribution for Binance tokens is 1000 BNB, and there’s no cap limit.

Please, note that BNB tokens are accepted from the international (non U.S.) participants only.

What is the Soft Cap and Hard Cap in regard to the Token Sale (DAICO)?

The Soft Cap is a minimum level of funds raised, that allows to consider the Token Sale successful. The Abyss project Soft Cap is 6M USD. If we fail to reach this level, all funds will be returned by Smart Contract.

Hard Cap is a maximum amount of funds raised. The Hard Cap is 18M USD, and the additional Hard Cap is 300 000 BNB.

Do you plan to conduct a bounty campaign during the Token Sale (DAICO)?

Yes. https://bitcointalk.theabyss.com

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 wil be distributed?

The ABYSS tokens distribution will be as follows:

40% Crowdsale1
21% Company & Advisors2
20% Foundation3
18% Reserve4
1% 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% Development
25% Marketing
20% Infrastructure & Software
5% Reserve
10% Legal

Hard Cap:
25% Development
30% Marketing
20% Infrastructure and Software (inc. CDN, DRM)
15% Video Games Development & Distribution
5% Reserve
5 % 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 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 will be the volume of ABYSS tokens in circulation?

Total token supply is 905.625M.
Maximum token Circulation Supply during the first 6 months will be 426M.
All unsold tokens will be burnt by Smart Contract.

Who is restricted from participating in the Token Sale?

Citizens and residents of Algeria, Morocco, Ecuador, Kyrgyzstan, Bolivia, Bangladesh and Mainland China are restricted and will not be allowed to participate in our Token Sale (DAICO).

United States of America:

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 in the U.S. to accredited investors 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 in accordance with aforesaid regulations.

You will receive your purchased tokens automatically, after transaction is complete. All persons are allowed to participate in the referral program and purchase tokens for commercial purposes to be used on the platform once the platform is fully functional.

Which crytpocurrency wallet shall I use to participate in the Token Sale?

In order to purchase ABYSS tokens successfully you will need any ETH-wallet that supports ERC20 tokens. We recommend using MyEtherWallet.

DO NOT use the ETH-addresses received from Poloniex, Bittrex, Coinbase, Kraken, etc. These ETH-addresses are owned by the same-name service providers. Also they own private keys to your wallet and specify the type of tokens you can receive.

DO NOT send your funds before the start of Token Sale, they will be rejected.

Set the GAS limit to 200,000; GAS price at 99 Gwei.

The purchased ABYSS tokens will be transferred to the account you have used during the period of tokens distribution. You will receive your purchased tokens automatically, after transaction is complete. Referral program bonus tokens will be locked by smart contract for 2 months after current token sale end date and will be accrued on July 16, 2018.

How to purchase ABYSS tokens with Ethereum (ETH)?

We strongly recommend to use MyEtherWallet as the easiest and most convenient one. This might be the best way to send your contribution to the Token Sale. You can simply do it by following the instruction below:

Register on www.theabyss.com;
Sign in your personal account;
Enter your ETH address to bind the wallet to the personal account;
Wait until you get added to the whitelist (5-10 minutes);
Press the "BUY TOKENS" button;
Enter the amount of tokens you want to buy in the pop-up window and press "NEXT";
Send the required ETH amount:
Enter the URL: www.myetherwallet.com;
Confirm the URL to make sure that it is the authentic URL for MyEtherWallet (watch out for misspellings in the URL);
Click on “Send Ether & Tokens”;
Enter your credentials and unlock your wallet;
Enter the Crowdsale contract destination address and make sure you set the GAS to 200,000;
Enter the amount of ETH you need to send;
Double check everything is correct and press "Generate Transaction" and "Send Transaction" shortly after that;
The confirmation window will pop up. Double check everything. If OK, press "Yes, I am sure! Send Transaction".

How to purchase ABYSS tokens with Binance tokens (BNB)?

How to approve your BNB tokens on BNB contract manually:
Register on www.theabyss.com;
Sign in your personal account;
Enter your ETH address to bind the wallet to the personal account;
Wait until you get added to the whitelist (5-10 minutes);
Press the "BUY TOKENS" button;
Enter the amount of tokens you want to buy in the pop-up window and press "NEXT";
Send the required BNB amount:
Enter the URL: www.myetherwallet.com;
Confirm the URL to make sure that it is the authentic URL for MyEtherWallet (watch out for misspellings in the URL);
Click on "Contracts" (to approve tokens on BNB contract);
Enter the BNB contract address: 0xB8c77482e45F1F44dE1745F52C74426C631bDD52;
Enter the ABI / JSON Interface
Press "Access";
Press "Select function" and choose approve;
Enter Crowdsale contract address in _spender address field;
Enter amount of tokens in _value uint256 field;
Press "Write";
Press "Generate Transaction" in the pop up window;
The confirmation window will pop up. Double check everything. If OK, press "Yes, I am sure! Send Transaction";
Obtain Crowdsale contract address in your personal account on The Abyss and return to MyEtherWallet;
Enter Crowdsale contract address;
Enter 0 in the "Amount to send" field;
Set GAS limit to 50,000;
Enter The Abyss contract Data (obtained in your personal account on The Abyss);
Press "Generate transaction".

Approve BNB tokens by “Data”:
Register on www.theabyss.com;
Sign in your personal account;
Enter your ETH address to bind the wallet to the personal account;
Wait until you get added to the whitelist (5-10 minutes);
Press the "BUY TOKENS" button;
Enter the amount of tokens you want to buy in the pop-up window and press "NEXT";
Send the required BNB amount:
Enter the URL: www.myetherwallet.com;
Confirm the URL to make sure that it is the authentic URL for MyEtherWallet (watch out for misspellings in the URL);
Click on “Send Ether & Tokens”;
Enter your credentials and unlock your wallet;
Enter BNB contract address;
Enter 0 in the "Amount to send" field;
Set GAS limit to 50,000;
Enter BNB contract Data (obtained in your personal account on The Abyss);
Press "Generate transaction";
Obtain Crowdsale contract address in your personal account on The Abyss and return to MyEtherWallet;
Enter Crowdsale contract address;
Enter 0 in the "Amount to send" field;
Set GAS limit to 50,000;
Enter The Abyss contract Data (obtained in your personal account on The Abyss);
Press "Generate transaction".

Where can I find the project's Privacy Policy?

The Abyss Official documentation: https://theabyss.docsend.com/view/xksf67v


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