The Abyss – a digital distribution platform for online games – has announced a new partnership with tech company Waves to implement a blockchain-powered marketplace for digital goods.
Waves is an open source platform and decentralised environment for Web 3.0 applications and offers a range of purpose-designed tools for making the process of developing and running decentralised applications (dApps) easy and accessible.
The Abyss is a digital distribution platform similar to Steam, except it has particular focus on massively multiplayer online (MMO) games.
One game which is set to be released on the platform is the upcoming blockchain shooter Age of Rust.
The Abyss will become the first platform to utilise Waves’ blockchain technology to build a universal marketplace for tradable goods such as in-game items offered by its partner game developers.
Users will have the ability to purchase any items on offer using Abyss tokens and sell their items to other users. The buying and selling of items is not limited to one game.
This provides developers with another way to monetise their projects on The Abyss’ platform.
Abyss tokens will be integrated into the Waves blockchain, enabling developers to add Abyss token operations directly into their Waves-based games.
“We recognise 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,” says Sasha Ivanov, founder and CEO of the Waves platform.
“We strongly believe that the gaming industry will be an enthusiastic adopter of blockchain, and partnership with The Abyss will drive its widespread use.”
Interested in reading more stories about The Abyss? Discover more about how The Abyss has revived its mobile app.
Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.