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Gate of Abyss is a product of The Tipsy Company. The Tipsy Company is a registered entity under the Republic of the Marshall Islands (Reg. No. 114167)
FAQ
Gate of Abyss is a location-based RPG game launching on both Google & Apple stores. Imagine Pokemon Go infused with multiple character classes, quests and guilds.
Players can expect to fight monsters, occupy territories, combat other players, build a variety of buildings, and explore the world to leave their mark.
Gate of Abyss can be enjoyed both solo and with friends.
- Earn real world income yields from virtual real estate and enjoy capital gains.
- Possess true ownership (through NFTs) as a result of blockchain technology.
- Access to feature expansions.
By owning a plot of land, you become a legitimate landowner and will be able to earn income from transactions that take place on your land. The income that landowners receive is derived as: X% of all transactions that occur on their plot of land(s), where transactions include but are not limited to sales of items / gears in shops, upgrade fees from blacksmiths, etc.
Landowners also enjoy true ownership over their land plots, and they gain access to upcoming features with future updates.
As a landowner, the income you earn is from transactions carried out within the buildings located on your land plot, no matter who owns the buildings. Whether you construct the buildings yourself or other players choose to construct their buildings on your land, you will receive your income even if you don’t play Gate of Abyss.
If you buy 100 land plots or more at once, it costs $10 per land.
Gate of Abyss launches on both Google and Apple stores in Q1 of 2023. Land plots will be integrated into Gate of Abyss from Q2 of 2023. You will start receiving your income from this time on, automatically.
Gin ($gin), which is a cryptocurrency. Gin will be available both off-chain (to be used in-game), or on-chain (on the blockchain, if you would like to move it across different wallets or cash it out). As a landowner, you can choose to spend your Gin in-game or cash it out to fiat, since it is a cryptocurrency. Gin has been audited successfully by Peckshield, a leading auditor.
Since we’re geared for mass adoption (accommodating non-blockchain users), land plots are sold in the form of soft-NFTs, and landowners can convert or mint them into NFTs on the Ethereum Mainnet blockchain. This can be done anytime, and we will not charge fees for the conversion; landowners will only have to pay for the gas fees required in order to perform the transaction on the Ethereum network.
You will have to create an account on our marketplace, before buying GOALAND. Once you buy GOALAND, your land plots will be viewable and tied to your account. Since we accommodate both blockchain and non-blockchain users, you will receive land plots in the form of soft-NFTs. As a landowner, you can convert or mint them into NFTs on the Ethereum Mainnet blockchain. This can be done anytime, and we will not charge fees for the conversion; landowners will only have to pay for the gas fees required in order to perform the transaction on the Ethereum network.
Yes! Since we’re geared for mass adoption (accommodating non-blockchain users), land plots are sold in the form of “soft-NFTs”, and landowners can convert or “mint” them into NFTs on the Ethereum Mainnet blockchain. This can be done anytime, and we will not charge fees for the conversion; landowners will only have to pay for the gas fees required in order to perform the transaction on the Ethereum network.
As “soft-NFTs”, you do not need a crypto wallet to buy GOALAND. Payment can be made conveniently, through credit cards. We make it easy for anyone who’s interested to own virtual land, so even as “soft-NFTs”, you will still enjoy earning passive income from in-game transactions. As NFTs, GOALAND can be freely traded on marketplaces (such as OpenSea). You are free to price your land as you desire, with no restrictions.
Gate of Abyss is designed for players without prior knowledge or experience in blockchain, and we make it seamless for these players to adopt NFTs & crypto. Web3 connection is optional, and the game is still as fun without any wallet connectivity.
The land area and landscape of Gate of Abyss is mapped 1:1 to the map of Earth. Using GPS, the entire world is divided into land plots of 400 meter x 400 meter in size (160,000 m2).
Land plots use real world GPS coordinates. The map of Gate of Abyss reflects actual street names of Earth. Players can enjoy Gate of Abyss regardless of their ownership in land plots, although there are benefits to being a landowner.
Yes you should! As a landowner, you will earn income from transactions that happen on your land plots. You will receive your income even if you don’t play Gate of Abyss.
Land sale will commence on Jan 12, 2023 at 10 AM EST. You can purchase a 400 meter X 400 meter land plot anywhere in the world that your heart desires, on a first come first serve basis. If you wish, you can purchase multiple plots of land. Land sales commence in Q4 2022. Here’s a tip… buy land that is in highly populated areas and you’re set to go!
If you buy between 10 to 99 land plots at once, it costs $25 per land.
Yes, you can pay using Credit/Debit card at checkout.
Your income will be distributed to you automatically, once the integration of land plots in Gate of Abyss is completed in Q2 of 2023. You can choose to spend your income in-game or cash it out to fiat, since it is a cryptocurrency.
Yes. Since we’re geared for mass adoption (accommodating non-blockchain users), land plots are sold in the form of “soft-NFTs”, and landowners can convert or “mint” them into NFTs on the Ethereum Mainnet blockchain. This can be done anytime, and we will not charge fees for the conversion; landowners will only have to pay for the gas fees required in order to perform the transaction on the Ethereum network.
Landowners can choose to hold their land for capital gain and receive continued income, or they can choose to sell them on secondary marketplaces anytime.
That’s fine! You will still enjoy earning passive rewards automatically, in Gin, that will be credited to your account. If you wish to sell your GOALAND on secondary marketplaces such as OpenSea, you will have to mint your land plots as NFTs on the Ethereum Mainnet blockchain. This can be done anytime, and we will not charge fees for the conversion; landowners will only have to pay for the gas fees required in order to perform the transaction on the Ethereum network.). The process is almost immediate.
Once you mint your GOALAND NFT, you would have redeemed your soft-NFT, so your soft-NFT will not exist anymore.
- Access to early bird pricing – never again will you get access to such prices.
- Secure your favorite land plots, especially highly sought-after ones, before someone else buys it.
- Enjoy capital gains on your land when our dynamic valuation mechanism kicks in later because all land plots will definitely be worth more than US$50.
Gate of Abyss is developed by The Tipsy Company. Over 90 people work with us globally.
The team working on Gate of Abyss has a combined exposure of decades in the mobile gaming industry. We have developed Minion Rush, Demon Hunter and Asphalt, back in our days at Gameloft.
The Tipsy Company’s advisory panel includes the co-founder of a billion dollar medical software company, the global head of digital assets for a Fortune 500 bank, and the co-founder of the first AAA blockchain based game that has garnered backing from Binance, Crypto.com and Animoca Brands.
These heavyweights have experience in gaming (and blockchain gaming), banking, business processes, data protection & privacy, digital transformation, media & publishing, communication & strategy, and education.