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What is Abyss?
Abyss (ABYSS) is a digital distribution platform that aims to deliver a variety of video games, including AAA and crypto games, to the global gaming community. It features a unique system that combines motivational aspects and multilevel referral programs, allowing gamers to earn from in-game and social activities, as well as benefiting from other gamers' payments.
How does Abyss work?
Abyss operates on the Ethereum blockchain and uses the ERC20 token standard. It utilises smart contracts for operations within its ecosystem, specifically for DeFi and CeFi solutions, staking, and masternode setups. Its platform supports a dual currency system that accommodates both fiat and ABYSS tokens, which can be used for transactions and to benefit from discounts on in-game purchases.
What are the potential use cases for Abyss?
Potential use cases for Abyss include its application in the gaming industry as a platform for in-game transactions and rewards, as well as its role within NFT marketplaces where it facilitates the use of ABYSS tokens. It also supports financial activities within its ecosystem, such as staking and setting up masternodes, thus extending its use to both decentralized and centralized finance solutions.
What is the history of Abyss?
Abyss was founded by Konstantin Boyko-Romanovsky, with the goal of establishing a decentralized gaming platform. It was notable for being among the first projects to implement the DAICO system, which integrates aspects of DAOs with ICOs to protect investor interests. The token sale occurred between April 18, 2018, and May 16, 2018. Since its launch, Abyss has evolved to offer additional features like DeFi and CeFi solutions, remaining a key player in the intersection of gaming and blockchain technology.
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Frequently Asked Questions (FAQs)
What is the current price of Abyss (ABYSS)?
The Abyss price is $0.01088794 AUD, representing a -14.67% from the day prior.
Where is the best place to buy Abyss (ABYSS) in Australia?
The best place to buy Abyss (ABYSS) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Abyss (ABYSS) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Abyss (ABYSS)?
The trading volume of Abyss (ABYSS) is $455 AUD in the last 24hrs, representing a -14.67% from the day prior.
How can I buy Abyss (ABYSS)?
Abyss (ABYSS) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Abyss (ABYSS)?
The current market cap of Abyss (ABYSS) is $2.3M AUD.
Can I convert Abyss (ABYSS) to cash?
Yes - With Coinstash you can convert your Abyss (ABYSS) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Abyss (ABYSS) are there?
The current circulating supply of Abyss (ABYSS) is 229.1M.
Is Coinstash a safe place to buy Abyss (ABYSS) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Abyss (ABYSS) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.