Steem STEEM to Abyss Token ABYSS Exchange

Crypto Pair Details: STEEM to ABYSS

Steem STEEM

Steem is a cryptocurrency that rewards users for community building by posting and upvoting valuable content for others. Steem was inspired from the success of Reddit where the community helped enrich the shareholders. Steem aims to help distribute the rewards to the community members who help create the community in the first place. Steem aims to provide various services to its members such as a source of curated news, Q&A, job boards etc. The founders of Steem came from BitShares with Dan Larimer involved as well. Steem’s main platform, called Steemit, is a social media network built on top of the Steem blockchain. Steemit is similar to popular content-driven social networks like Reddit and Medium, but it rewards users with cryptocurrency for their participation. Fundamentally, the more value a particular piece of content provides to a greater number of people, the more the individuals responsible for creating and curating that content can earn. Users cast votes, creating a hierarchy of content. The more upvotes a post gets, the more it will earn. The platform also allows for downvotes, giving participants more flexibility when it comes to rating content. Steemit is meritocratic, meaning users that hold more currency can cast votes with greater influence. The Steemit community even has another service to offer to its customers. D.tube, which is considered to be very similar to YouTube, is Blockchain based and the users can realize the difference between the traditional video publishing websites and D.tube, as the amount of money earned is also displayed beside the post apart from likes shares and comments. The Steemit community is accused of posting plagiarize contents on their publishing website. The irony seems to be reaching highest levels when the original content doesn’t receive much appreciation and income than the copied versions of it.'

Abyss Token ABYSS

The Abyss is a next-generation digital distribution platform, delivering all types of video games (Free2play MMOs and crypto games being a key priority), including AAA-titles, where gamers and developers can profit from multilevel referral program and other activities. A gaming portal with a concentrated presence of MMO games in which a primary focus is placed on motivational programs for players as well as developers. ABYSS tokens are a priority internal mechanism for interaction on the platform (Protocol ERC20 on the Ethereum blockchain). Our gaming platform is to be offered for Desktop (Windows, MacOS, Linux), Mobile (iOS and Android) and Web. A powerful, multilevel referral program whereby a user brought in by a developer provides the developer with an income (paid in ABYSS tokens) from all payments and achievements in any other game on the platform. An analogous referral system is built on a viral basis whereby players receive income (paid in ABYSS tokens) for bringing in friends, not just for their payments but also for the activity on the platform (achievements, creating content, subsequent referrals, etc.) Tokens can be transferred to cryptocurrency accounts both manually and automatically. An internal system of advertising offers (based on ABYSS tokens) enables traffic to be exchanged with other developers, receiving and passing along only relevant users. A well-planned system of syndicates (Masternodes) enables the platform's users to be organized into communities that become sources of income (paid in ABYSS tokens) for participants. It is one of the methods of controlling the volatility of tokens.

SOURCE: COINGECKO

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