Introduction
The Abyss is a next generation digital distribution platform with the vision to create a crypto reward ecosystem for millions of gamers and developers . The abyss also a worlds first DAICO Raised by Vitalik ( Ethereum Founder). More over US regulated ICO.
This ICO attracted me very much because of recent tweet of Vitalik about DAICO and TheAbyss is the first platform to uitlise this . So i have researched enough . Got several question in my mind . So the same question and the answer for that question am describing in this article.
What is DAICO??
1)The idea was suggested by Vitalik Buterin in January 2018 and is aimed at making ICO’s more secure by involving investors in the initial project development process.
2)It’s an improvement on the ICO fundraising model that incorporates certain aspects of DAO’s. will further enable token holders to vote for the refund of the contributed funds if they are not happy with the progress being made by developers.
3)For projects that implement the DAICO concept, it will force a level of accountability on developers and give token holders additional peace of mind that they are guaranteed to either see at least a minimum viable product or get their money back.
What is TheAbyss??
TheAbyss is crypto reward ecosystem for gamers and developers. 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.
How TheAbyss Different form Other gaming Platform ??
Unlike other platforms 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.
How TheAbyss implementing DAICO ??
The Abyss offers an improved voting system with Oracles acting as arbitrators when it comes to the project closure and funds withdrawal. To provide an appropriate degree of expertise, Oracles could be appointed from industry professionals, with an established reputation in the relevant field, and would have the right to hold polls for the project’s shut down, leading to the remaining funds returned to contributors.
Whats the Abyss Platform Benifits ??
Ok I got it Then why should I invest whats the Usecase of Abyss Tokens??
1)ABYSS tokens are a priority internal mechanism for interaction on The Abyss platform. Earnings from referral and motivational programs are paid in ABYSS tokens.
2)The majority of internal services rely on ABYSS tokens only.
3)More Over you can even get Extra Discounts , Access
4)Not limited to this 1/3 of the platform’s commission from the internal CPA network and the auction transactions will be burnt by smart contract .
Awesome I wonder How this system Works IS there any Pictorial Explanation??
Yes TheAbyss Given complete Ecosystem working model in single Diagram
I am Excited How about token Sale Details ??
TOKEN SALE (DAICO): MAR 7 - APR 7, 2018 (09:00 UTC)
PRICE: 1 ABYSS = 0.24 USD
We accept ETH and BNB. We will set a course for ETH and BNB in a few days before the start of Token Sale, depending on the market rates
SOFT CAP: 6M USD
If this goal is not met, all funds will be returned
MAXIMUM TOTAL TOKEN SUPPLY: 603.75 M
All unsold tokens will be burnt by Smart Contract
HARD CAP
INTERNATIONAL
U.S.
40M USD
Minimum contribution is 0.1 ETH
Days 1-7 Maximum contribution is 10 ETH
Days 8+ no ETH contribution limit
300 000 BNB
Acceptable from the international (non U.S.) participants only
Minimum contribution is 1000 BNB tokens
Is there Any Bonuses For Early Adapters??
First 48 HRS or 2 Days - 25%
Days 3 to 7 - 15%
Days 8 to 14 - 10%
Days 15 to 21 - 5%
Official Link : https://www.theabyss.com/
White Paper : https://theabyss.docsend.com/view/nff9r2c
ANN Thread : https://bitcointalk.org/index.php?topic=2526681
Twitter : https://twitter.com/theabyss
Telegram : https://bit.ly/TheAbyssTG
Facebook : https://facebook.com/theabyss
My BitcoinTalk Profile : https://bitcointalk.org/index.php?action=profile;u=996588