Frequently Asked Questions

What is The Abyss?

The Abyss is a next-generation digital distribution platform with a strong accent on F2P browser and client MMO games, as well as cryptogames.

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

Unlike other platforms (Steam, for instance), The Abyss offers a motivational and multilevel referral system, allowing players to earn from game and social activities and also from other gamers' payments. Developers, in turn, can reduce marketing expenses and earn even from their referral gamers who have already left for another game on the platform. Other benefits imply automatic payments to cryptocurrency accounts, the internal system for advertising offers and numerous additional services.

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 also use 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 the Token Sale timeline? Will it imply any bonuses?

The Abyss platform Pre-Sale registration opens on Nov 29, 2017 (15:00 UTC), closing on Dec 1, 2017 (15:00 UTC). After registration you will be added to the project’s Pre-Sale Whitelist. Shortly after that we will send you instructions, by following them you will be able to buy ABYSS tokens and receive a guaranteed 25% bonus for the amount of purchased tokens.

ABYSS tokens Pre-Sale starts on December 12, 2017 (15:00 UTC), closing on December 14, 2017 (15:00 UTC) and will be available for Pre-Sale Whitelist participants only.

The Token Sale period will start on Dec 14, 2017 (15:00 UTC) and last till Jan 26, 2018 (15:00 UTC). Participants will be granted 15% to 5% bonus for the amount of tokens they have purchased during the Token Sale period.

  • Period
  • Pre-Sale
  • Day 1
  • Day 2-4
  • Day 5-18
  • Bonuses
  • 25%
  • 15%
  • 10%
  • 5%
What is the Token Sale web address?

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

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

We will accept only Ethereum (ETH) and Bitcoin (BTC) payment methods

Can I use fiat money for the ABYSS tokens purchase?

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

What is the value of each ABYSS token?

The ABYSS tokens are Ethereum pegged currency. The value of each ABYSS token is 0.0004 ETH (or 2,500 tokens = 1 ETH), or equivalent in BTC.

What is the minimum amount of contribution to the Token Sale?

The Pre-Sale minimum required contribution is 5 ETH (or equivalent in BTC).

The Token Sale minimum required contribution is 0.1 ETH (or equivalent in BTC).

What is the Soft Cap in regard to the Token Sale?

The Soft Cap is a minimum level of funds raised, that allows to consider the Token Sale successful. The Abyss project Soft Cap is 10.000 ETH. If we fail to reach this level, all funds will be returned.

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

Yes. Click on the link to find the terms and conditions of The Abyss' bounty campaign.

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. This makes tokens more advantageous than fiat currency, and creates an extra stable demand for them.

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:

  • 60%
  • 21%
  • 18%
  • 1%
  • Crowdsale
  • Company & Advisors*
  • Reserve**
  • Bounty

*The Company allocation of ABYSS tokens will have a vesting period of 4 years, 25% vesting each year, with a 12 month cliff.

The Advisors allocation of ABYSS tokens will have a vesting period of 12 months, 20% vesting each quarter and 20% paid after the end of Token Sale.

** Reserve allocation of ABYSS tokens will be frozen for the period of at least 6 months. Reserve will be used to provide motivational rewards to players to accelerate the ecosystem's growth at the early stage of platform operation.

How will the revenue from the Token Sale be distributed?

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

  • 25%
  • 30%
  • 35%
  • 5%
  • 5%
  • Development
  • Marketing
  • Operational
  • Reserve
  • Legal

Calculated for the contributed Soft Cap.

Where can I sell the ABYSS tokens?

The Abyss Team currently is in talks with dedicated service providers. If and when it is confirmed, we will issue an official public announcement.

When will I receive my ABYSS tokens?

The ABYSS tokens will be distributed in the course of 7 days after the Token Sale is closed.

What will be the volume of ABYSS tokens in circulation?

The volume of tokens in circulation depends on the amount of funds raised during the Token Sale.

The circulation of tokens within a constantly-growing user audience is a key module for increasing the value of ABYSS tokens. 1/3 of the platform’s commission from the internal CPA Network and the auction transactions will be burnt, which is to result in the systematic decrease of token supply.

Will I enjoy any extra bonuses if I purchase the ABYSS tokens during Pre-Sale or Token Sale?

Players that will purchase ABYSS tokens during Pre-Sale and Token Sale will get a lifetime increased income* from payments made by their referrals:

During the Pre-Sale contributions starting from:

5 ETH gets you +50% for the 1st referral level (My friends).
25 ETH gets you +50% for all 5 referral levels (Friends of my friends, etc.).

During the Token Sale contributions starting from:

20 ETH gets you +50% for the 1st referral level (My friends).
100 ETH gets you +50% for all 5 referral levels (Friends of my friends, etc.).

*Available for players only after the official launch of the platform.

Who is restricted from participating in the Token Sale?

The United States of America, Singapore and Switzerland citizens and residents are not eligible and not allowed to participate in the ABYSS Tokens Pre-Sale due to various taxation and regulatory issues.

Which cryptocurrency 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. You can use MyEtherWallet, for instance.

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. The Token Sale period will start on Dec 12, 2017 (15:00 UTC).

Set the GAS limit to 200,000; GAS price at 50 Gwei.

The purchased ABYSS tokens will be transferred to the account you have used during the period of tokens distribution. Token distribution will take place in the course of 7 days after the Token Sale is closed.

If you have purchased ABYSS tokens for Bitcoins (BTC), they will be transferred to the ETH account, that you’ll have to bound in your personal area during the period of token distribution that will take place in the course of 7 days after the Token Sale is closed.

What's the best way to purchase the ABYSS tokens?

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:

  1. Open a browser in incognito mode;
  2. Enter the URL: www.myetherwallet.com;
  3. Confirm the URL to make sure that it is the authentic URL for MyEtherWallet (watch out for misspellings in the URL);
  4. Click on “Send Ether & Tokens”;
  5. Enter your credentials and unlock your wallet;
  6. Enter The Abyss destination address and make sure you set the GAS to 200,000;
  7. Enter the amount of ETH you would like to send;
  8. Double check everything is correct and press "Generate Transaction" and "Send Transaction" shortly after that;
  9. The confirmation window will pop up. Double check everything. If OK, press "Yes, I am sure! Send Transaction".

That’s it! You will see your ABYSS token balance in your account and a corresponding record in the Transaction History.

Where can I find the project’s Token Sale Agreement, Privacy Policy, Terms & Conditions?