The Abyss, a digital distribution platform for online video games, announced today it is cooperating with Waves Platform, an open network and decentralized environment for Web 3.0 applications, to implement a blockchain-powered marketplace of digital goods and in-game items.
The Abyss will become the first game platform to utilize the Waves’ blockchain technology for building a universal marketplace of all tradable goods and in-game items offered by its partner game developers through their games. Users will be able to buy any available item with Abyss Tokens and sell it to other users, no matter what supported game it was purchased from. Thus, game developers will receive another channel of monetisation for their game projects on The Abyss.
Abyss Tokens will be integrated with Waves blockchain, enabling developers to plug Abyss Token operations straight into their Waves-based games. To make the integration process easier, The Abyss will deliver a comprehensive solution (SDK) and provide technical assistance.
Furthermore, game projects based on the Waves blockchain will get access to The Abyss distribution network. Which means they will be distributed on/through The Abyss platform and made much more open to a greater gaming audience.
“We recognize the huge potential of the $100+ billion gaming sector as a major use case for blockchain which perfectly fits with current gameplay mechanics and trading of goods. We strongly believe that the gaming industry will be an enthusiastic adopter of blockchain, and partnership with The Abyss will drive its widespread use.”
— Sasha Ivanov, Founder and CEO of Waves Platform.
“The integration of Waves technology will enable The Abyss to create one of the best and the most advanced digital marketplaces in the video game industry. Apart from boosting up blockchain adoption, it is also supposed to increase the speed of processing trading transactions.”
— Konstantin Boyko-Romanovsky, Founder of The Abyss.
The Abyss development team has already started preparation for the integration of Waves solution. The respective API methods and libraries will be added to the platform SDK and offered to game studios and developers.
The Abyss Team
About The Abyss
The Abyss is a digital distribution platform for online video games with a unique revenue sharing system. Based on Ethereum network, The Abyss offers browser, client and blockchain games and provides game studios with additional customer benefits, from community features to marketing tools. Part of the income generated by sales of games & services is distributed between users in the form of rewards for various activities available on the platform. For more information on the platform visit official website.
Waves (https://wavesplatform.com) is an open source platform and decentralised environment for Web 3.0 applications, offering a wide range of purpose-designed tools for making the process of developing and running dApps easy and accessible. Launched in 2016 by Sasha Ivanov and a core development team, Waves has since released numerous successful blockchain-based solutions and has steadily developed into a rich and constantly-growing technological platform. Waves’ technology is designed to address the needs of developers and companies that want to leverage the properties of blockchain systems — including their security, auditability, verifiability and the trustless execution of transactions and business logic.
Waves Platform provides everything required to support the backend of Web 3.0 services. In 2017, Waves successfully launched its mainnet with LPoS, pioneer decentralised exchange DEX and later the Waves-NG protocol. In 2018, the Waves development team delivered the first implementation of smart contracts. This was followed by the release of the RIDE programming language in 2019, a simple and powerful language for programming logic. Moreover, in June 2019 the mainnet of Waves Enterprise, a global private blockchain solution, was launched. All of this is complemented with a broad infrastructure: an IDE for sandbox development, tools, SDKs, libraries, frameworks and protocols for convenient and easy integrations.