|

Waves Platform tie-up with The Abyss, launches blockchain-based games marketplace

  • The marketplace will enable users to purchase items with Abyss Tokens. 
  • The Abyss also announced a partnership with Epic Games.

Open source blockchain platform Waves has recently collaborated with the game distribution platform “The Abyss.” This collaboration will launch a decentralized marketplace of digital goods and in-game items. The marketplace will allow users to use Abyss Tokens to purchase items and sell them to other users. Game developers will now be able to link Abyss token directly into their Waves-based games after the integration of Abyss Tokens with Waves blockchain. Sasha Ivanov, founder, and CEO of Waves Platform said:

“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.”

The Abyss also announced a partnership with Epic Games to enable developers on the platform access to the Unreal Developers Network. A spokesperson from The Abyss reported:

“The program is aimed at attracting more gaming studios and titles to The Abyss platform, as well as supporting Unreal Engine developers in cryptocurrency adoption. More specifically, they will be able to accept ABYSS tokens both for game and in-game purchases in a legal and easy-to-use way.”

Waves also introduced an upgrade to its blockchain in June. The upgrade enables decentralized applications on the platform, which will allow developers to perform calculations necessary for use cases on the Waves blockchain.
 

Author

Rajarshi Mitra

Rajarshi Mitra

Independent Analyst

Rajarshi entered the blockchain space in 2016. He is a blockchain researcher who has worked for Blockgeeks and has done research work for several ICOs. He gets regularly invited to give talks on the blockchain technology and cryptocurrencies.

More from Rajarshi Mitra
Share:

Editor's Picks

Cosmos Hub Price Forecast: ATOM rebounds slightly, bearish outlook remains intact

Cosmos Hub (ATOM) price rebounds, trading above $2.05 at the time of writing on Wednesday, after undergoing a sharp correction since last week. Weakening on-chain and derivatives data support a bearish outlook, while technical analysis remains unfavorable.

BTC, ETH and XRP post cautious recovery amid downside risks

Bitcoin, Ethereum, and Ripple are posting a cautious recovery on Wednesday following a market correction earlier this week.  BTC is approaching a key breakdown level, while ETH and XRP are rebounding from crucial support levels. 

Top Crypto Gainers:  Morpho, Ether.fi, and Pippin rally amid market pressure

Altcoins, including Morpho, Ether.fi and Pippin are leading the gains over the last 24 hours as the broader cryptocurrency market remains under pressure. Technically, the recovery in MORPHO, ETHFI, and PIPPIN shows upside potential as buying pressure increases.

Hyperliquid registers mild gains following CoinShares' ETP launch

Hyperliquid (HYPE) registered a 3% gain on Tuesday after CoinShares announced the launch of its Physical Hyperliquid Staking exchange-traded product (ETP), offering investors exposure to the token's price and staking yields.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: No recovery in sight

Bitcoin (BTC) price continues to trade within a range-bound zone, hovering around $67,000 at the time of writing on Friday, and falling slightly so far this week, with no signs of recovery.