The Abyss REVIEW OF ICO

OFFICIAL INFORMATION
The project’s whitepaper states: “The Abyss is a next-generation digital distribution platform with a strong accent on F2P browser and client MMO games, as well as cryptogames. The platform 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.

ABYSS tokens are a priority internal mechanism for interaction on the platform (ERC20 standard on the Ethereum blockchain). Our game platform will be available for Desktop (Windows, MacOS, Linux), Mobile (iOS and Android) and Web”

“The Abyss utilizes the principle of affiliate marketing: a maximal income is obtained by players and developers who are the first to bring in users to the platform. The system is oriented at more effectively inviting and retaining users than any other in the video game sphere.

ADVANTAGES
● The team has analyzed in detail, and described the competitive landscape
● Blockchain technology is necessary for the project
● The issuance of tokens is limited
● The legal structure of the company is transparent
● The project is popular on social networks and in thematic communities
● The project’s partners are large and well-known
● The project founders have experience implementing a successful business in the project field

DISADVANTAGES
● There is no detailed financial plan
● The dispersal of funds is not regulated
● The team does not have a working product

CONCLUSIONS
The Abyss is a decentralized digital distribution platform, where developers are to be able to cut marketing costs, exchange traffic, and gain access to additional services. Players can play their favorite games and earn by participating in referral and motivational programs, auctioning game items, creating game content, and other social activities.
The team has created a detailed model that clearly explains the platform’s internal processes. However, the success of the project largely hinges on a well-constructed marketing campaign.
The issuance of tokens is limited, as the volume directly depends on the amount of funds collected during the ICO. Information on passing the Howey Test is absent. In the opinion of DigRate, ecosystem participants have a clear motivation for owning ABYSS tokens, as discounts are provided at the expense of the platform when payments are made in tokens (in contrast to fiat payments). This makes using ABYSS tokens more profitable than using fiat currency, and creates stable demand for the tokens.

The project team has sufficient experience in the gaming industry and the ability to implement the business model