Categories: Ethereum

The Abyss Joins Waves Platform for a Decentralized Marketplace of Goods and In-Game Items

Click here to view original web page at

The Abyss will use 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. This is the first platform of its kind. Users will also be able to buy available items with Abyss tokens and sell it to others. This will help game developers to be able to have another channel of monetization for their game projects on The Abyss.

Abyss Tokens will run off the 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 framework (SDK) and provide technical assistance.

Benefits of the New Partnership

Gaming projects running on the Waves blockchain will also get access to The Abyss distribution network. This will make such projects open to a wider gaming audience. According to Sasha Ivanov, Founder and CEO of Waves Platform:

“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.”

Konstantin Boyko-Romanovsky, Founder of The Abyss also said:

“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.” He further noted.

The Abyss development team has already started preparing for the integration of Waves solution into the blockchain. The required API methods and libraries will be added to the platform software development kit (SDK) and offered to game studios and developers.

The Abyss is a digital distribution platform for online video games with a unique revenue sharing system. Running on the Ethereum network, the Abyss offers browser, client and blockchain games and provides game studios with additional customer benefits which range from community features to marketing tools. Portions of the incomes generated by sales of games and services are 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 is an open-source platform and decentralized environment for Web 3.0 applications. The platform offers a wide range of purpose-designed tools for making the process of developing and running decentralized applications easy and accessible.

Launched in 2016 by Sasha Ivanov and a core development team, Waves has released numerous successful blockchain-based solutions and has steadily developed into a rich and constantly evolving 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, suitability, verifiability and the trustless execution of transactions and business logic.

In 2017, Waves successfully launched its mainnet with leasing proof of stake (LPos), its pioneer decentralized exchange DEX and later the Waves-NG protocol which is the next generation consensus algorithm. In 2018, the Waves development team delivered the first implementation of smart contracts. 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 integrated development environment for sandbox development, tools, software development kits (SDK’s), libraries, frameworks and protocols for convenient and easy cross-platform integration.

You May Also Like

Illuminati, Mason, Anonymous I'll never tell. I can tell you this, global power is shifting and those who have the new intelligence are working to acquire this new force. You matter naught except to yourself, therefore prepare for the least expected and make your place in the new world order.

Disqus Comments Loading...
Published by

Recent Posts

Watford FC to brand Bitcoin logo on the jersey

The initiative is being carried out as a part of a brand partnership with sports betting site's marketing… Read More

5 hours ago

Latest Bitcoin price and analysis (BTC to USD)

At the time of writing, Bitcoin (BTC) is trading at just above $10,300 after gaining about 1% since last week.BTC… Read More

5 hours ago

Johnstone: How To Defeat The Empire

Authored by Caitlin Johnstone via, One of the biggest and most consistent challenges of my young career so far… Read More

5 hours ago

Today’s Bitcoin Drop Driven by Massive Volume Influx

Bitcoin has been facing a bout of sideways trading for the past several days, but today’s drop to below $10,200… Read More

5 hours ago

L.A. to Choose Blockchain Pilot Project at CIS Conference

With a growing interest in blockchain solutions for government, the city of Los Angeles has partnered with organizers of a… Read More

5 hours ago

Bitcoin’s heading to a new all-time high along with the S&P 500, says Fundstrat’s Tom Lee

watch nowTalk about a bitcoin bull case.The digital currency is headed to new record highs, says Tom Lee, co-founder, managing… Read More

5 hours ago

This website uses cookies. We use these cookies to collect data about your interaction with our website for the purpose of continuously improving your experience with our site. For more information we encourage you to read our privacy policy.

Read More