The Abyss and Waves Platform to launch Blockchain gaming marketplace
September 6, 2019
The Abyss and Waves Platform to launch Blockchain gaming marketplace
September 6, 2019

The Abyss, a digital distribution platform for MMO/MMOPRG games and Waves Platform, a decentralized environment for web 3.0 applications, collaborates combining the best of both worlds. Announced on September 5th, the launch can be a tradable marketplace of gaming assets.

“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.

Tokens and Gaming Monetization

The incorporation of the abyss tokens within the waves platform can allow users to trade digital gaming goods and purchases directly within the platform.

The Abyss tokens can be straight plugged into the waves platform as its functionality can allow users to issue cryptographic tokens within a minute.

The tokens can be used to purchased gaming goods and gaming pieces virtually.

“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.

ALSO READ :  Algorand Foundation Launches 250M ALGO Grants Program To Develop Its Algorand Ecosystem

Future of gaming and blockchain together

Gaming industry tries to keep up with the rapid technological advancements ahead of everyone and no doubt with the advent of blockchain it tries to cope up with it. The latest development of gaming based on blockchain technology promises for a global alliance as gamers can have a seamless experience.

The increasing tendency to use blockchain in gaming is becoming apparent, regardless of whether it is a way to promote a game developer’s own content or a desire to protect the rights of consumers.  CoinDesk Report


Crypto News Point a news platform of Digital Notice Media Labs is primarily a regular publication of information, commentary and articles focused extensively on fintech, blockchain technology, cryptocurrency, blockchain-based tokens, cryptocurrency market trends, and trading strategies. We do not provide individually tailored investment advice and does not take a subscriber’s or anyone’s circumstances into consideration when discussing investments, nor is Crypto News Point registered as an investment adviser or broker-dealer in any jurisdiction. Information contained herein is not an offer or solicitation to buy, hold, or sell any digital assets.

Affiliate Disclosure: To help support the work we do here at CNP, we often link to products and deals from around the web. Should you buy some of these, we may get a portion of the sale.

We in generally gather content from the major websites. In every article there is always a clear link and attribution to the source publication. If you have any issue with any of our published content taken from your site, kindly let us know so that we can take appropriate action. In any case, the content of the pages of this website is for your general information and use only. It is subject to change without notice.

You May Also like

Jafrin Ahmed

Crypto newbie passionate about creating resourceful content on blockchain technology, cryptocurrencies and decentralized apps.