The Аbyss Team: Founder's Letter to The Abyss Token Holdersletters ethereum english blockhain
Founder’s Letter to The Abyss Token Holders
Dear, friends! Yet another poll for the tap increase has started recently. We would like to keep you up-to-date with the current working progress and funds spending.
Availability of funds for May and June allowed for successful start of The Abyss platform development, creation of team and promotion, as well as for the arrangement of exchange listings and partnerships.
Expanding of the development team allowed us to deliver all milestones planned for Q2 and to get the pre-alpha version of the platform ready for launch already on July 19. However, the development team is not complete yet and recruitment of the best talents is still in process.
Introduction of pre-alpha version of The Abyss will allow for creating of even more in-depth user experience and will encourage developers to place their games on the platform.
Latest developments include:
- Extension of platform functionality;
- The first game is on the platform;
- ABYSS tokens are already integrated and most of Stages 1–2 target functionality is implemented;
- Specific content data module containing all information on one’s referrals is added.
As of now, The Abyss is listed on 11 exchanges, with top 7 ranking exchanges among them. This is an incredible achievement considering the current situation with exchanges accepting very few projects for listings. The Abyss Team continues negotiating more listings at the moment.
Achievements in terms of marketing & PR are:
- Increased awareness of The Abyss in key markets through various activities in own, earned and paid media;
- Continued negotiating partnership pre-agreements with game developers, with the focus on USA (resulting from participation in E3 event) and Europe;
- Successful participation in E3, the major video game industry event;
- Preparation for participation in ChinaJoy, the most important game industry event held in China (one of the biggest game markets in the world). This year it will take place on Aug 3–6 in Shanghai. Pre-payments were required to secure The Abyss’ participation in the event.
In general, an important factor to be considered is the effect of the EHT/fiat exchange rate which is very volatile and has a tendency of downtrend (a 36% decrease since May 16, 2018). Most of the costs facing The Abyss are in the fiat currency, and such negative exchange rate generates extra costs.
The next month spending requires to cover:
- The expanding of development team (in order to deliver on the development plan);
- Salaries of the current excellent team members working on The Abyss;
- Expenses needed for participation in ChinaJoy, and for securing our presence at Gamescom, the high-profile global game industry event, which will allow us to present The Abyss platform to the developers and continue securing new partnership agreements;
- Marketing support for the launch of pre-alpha version of the platform;
- Risks driven by the down-trend of ETH rate.
We also create the buffer of budgets meant for potential new listings on top exchanges and signing early-bird agreements with major game developers which will require fast reaction and immediate payments.
A lot has been achieved during the last 2 months. I am proud of my team and very grateful to all our contributors and supporters. There is still a long way ahead of us to complete The Abyss project and bring it to success.
With kind regards,
Founder of The Abyss
Original article was created by: The Аbyss Team at medium.comDisclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency or ICO.
Interested in Cryptocurrencies and ICO's?
Follow our telegram channel for daily cryptomarket reports!Join @cointrends
|1 month ago||ethereum|
|1 month ago||ethereum|
|1 month ago||english|
|1 month ago||english|
|1 month ago||letters|
|4 months ago||letters|
|8 months ago||blockhain|
Stay on top of Altcoins and ICO trends.
Subscribe to our free Weekly Cryptomarket report
Delivered once a week, strongly to your inbox.Subscribe to our mailing list
October 03, 2018
The Abyss，新的数字发行游戏平台，高兴地推出其对MMO游戏的焦点和定向，定位MMO游戏的一站式场所。满足全球游戏社区的需求提供先进以及便捷游戏生态系统的平台将于2019年第一季度上线。积极的市场The...From: The Аbyss Team
新しいデジタルゲーム配信プラットフォームであるThe...From: The Аbyss Team
새로운 디지털 유통 게임 플랫폼인 The Abyss는 MMO 게임의 원스톱 플레이스가 되어 기쁜 마음으로 MMO 게임에 전념할 것입니다. 글로벌 게임 커뮤니티의 요구를 충족시키는 편리하고 선진화된 게임 생태계를 제공하는 플랫폼은...From: The Аbyss Team
October 02, 2018
Chào mọi người! Vui lòng đọc báo cáo trạng thái phát triển dưới đây, báo cáo này bao gồm khoảng thời gian từ ngày 17 tháng 9 đến ngày 30 tháng 9. Trong thời gian này, chúng tôi đã tập trung vào việc thiết kế kiến trúc của Desktop...From: The Аbyss Team
October 01, 2018
Hi, all! Please find below a regular development status report, this one covering the period from Sep 17 to Sep 30. Within this timeframe, we were focused on designing the architecture of a Desktop Client and Build Distribution System, and also on The Abyss platform localization system.Besides,...From: The Аbyss Team
September 28, 2018
The Abyss, a new digital distribution game platform, is proud to present its focus on and dedication to MMO games — being a One Stop Place for MMO Games. The platform that meets demands of the global gaming community and offers the well-advanced and convenient gaming ecosystem will be...From: The Аbyss Team