* DISCLAIMER: All information is provided only for informational purposes and should not be considered as an investment advice.

The Abyss after listing review: the first DAICO. ROI: -12.5%

The Abyss (ABYSS)

The Abyss is a next generation digital distribution platform, delivering all types of video games (incl. AAA-titles) to the fast-growing global game community.

 

Category: Gaming

Raised: $15,352,418 OF $18,000,000 (85%)

Total Tokens: 508,628,132
Bonus for the First: UP TO 25%
Team from: RUSSIA
Token type: ERC20
Available for Token Sale: 40%

 

Abyss is set to be the very first DAICO ICO.  DAICO is a method of fundraising that was suggested by Vitalik Buterin that merges some aspects from DAOs(Decentralized Autonomous Organizations) with ICOs to make them more transparent and secure.

 

The Abyss provides the gamer more ways to monetize their gaming other than just earning the incentive provided by the developer by allowing the gamer to create and monetize their in-game footage and content,  and by provided a 5-level affiliate program.  This means that getting your friends on board the project can help you earn more money and when they refer someone else,  you will be benefiting from that as well,  all the way through 5 levels!

 

 

Team:

The Abyss digital distribution platform is being developed by Destiny.Games, one of Russia’s leading video game developer and publisher with significant expertise in game projects launching and operation.

Founder Konstantin Boyko-Romanovsky has over 17 years of experience in the gaming industry. He is the Founder and CEO of Destiny.Games. The website lists 12 members on the team, along with five advisors.

Considering their extensive experience, the leadership team will know the ins and outs of the gaming industry.

 

 

Pros:
 Very clear usage and relevancy of the token (in app purchases)
• Heavily marketed and hyped.

• Legitimate idea.

• Nice team.

 

 

Cons: 
• A lot of competitors (WAX, Firstblood, Gamecredits etc.) + non-blockchain (Steam etc.)
• Minus from the ICO price already.

Conclusions

Very heavily marketed DAICO, with a legit idea and token usage, but there are a lot of competitors to face.

 

ExchangeListing dateICO end dateICO price, USDStart trading price, USDChange, %
BitForex, HitBTC08/06/201811/05/20180.080.07-12.5%

 

 

 

Also check out our: ActiveUpcoming and Ended ICOs + other Blog posts.