The Abyss Review : Register, Login, How it works, ICO, Token – Theabyss
The Abyss is in the ICO lending Niche. It is majorly for gaming platforms. Most of it’s website traffic flows from Vietnam, Japan and the United states according to Alexa.
The domain theabyss.com was privately registered on the the 7th day of June, 2000. This suggests that the people using it now might not be the first users of this domain. The name of the registrar is also hidden and concealed.
There is no known owner of this platform as even it’s admins remains anonymous to a large extent. This is so irrespective of the fact that a number of people were displayed on the platform’s website as its admins … because most of them are not verified.
According to The 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.”
More details about The Abyss are as follows:
- Ticker: ABYSS
- Token type: ERC20
- ICO Token Price: 1 ABYSS = 0.24 USD
- Fundraising Goal: 60,000,000 USD
- Total Tokens: 603,750,000
- Available for Token Sale: 60%
- Whitelist: YES (3 MAR – 7 MAR )
- Know Your Customer (KYC): YES
- Сan’t participate: CHINA
- Bonus for the First: UP TO 25% )
- Min/Max Personal Cap: 0.1 ETH / 10 ETH FOR DAYS 1-7
- Token Issue: IMMEDIATELY
- Accepts: ETH, BNB
“ABYSS tokens are a priority internal mechanism for interaction on The Abyss platform. Earnings from referral and motivational programs are paid in ABYSS tokens. The majority of internal services rely on ABYSS tokens only”
The Abyss claims to be a registered company with this registration information: THE ABYSS GMBH, SWITZERLAND. They claim their team is from Russia.
You can access, register or Login to The Abyss by clicking the link below
More details about this Abyss as provided by the website includes:
“ABYSS tokens assigned to the Company will be frozen by the DAICO smart contract for a period of 1 year.
** ABYSS tokens assigned for Reserve will be frozen by the DAICO smart contract for a period of 6 months. Reserve will be used to provide motivational rewards to players to accelerate the ecosystem growth at the early stage of platform operation, and also to bring amazing new games to the platform.
*** ABYSS tokens assigned to Crowdsale include bonus and referral tokens. Depending on the number of bonus tokens distributed during crowdsale, the amount of referral tokens will range from 4.37% to 5.46%. All tokens left after referral payouts will be allocated to motivational programs and will be used at The Abyss platform discretion.”
The fact is that irrespective of the fact that The Abyss claim to pay ROI, there is no known business done by The Abyss team which gives them the funds to pay ROIs. The only verifiable source of income entering The Abyss is new affiliate investment and using money generated by new affiliates to pay old members makes a scheme a Ponzi scheme.
Ponzi schemes do wind up once there is a reduction in the number of new affiliates recruitment.