Abey Foundation is the organization that manages the Abey blockchain, a Layer 1 protocol compatible with the Ethereum Virtual Machine (EVM) that aims to provide a high-throughput, interoperable platform for decentralized applications (dApps). The project focuses on enabling cross-application data interaction within its ecosystem. ^{[1] [2]}

Overview

The Abey blockchain was launched in 2018 and is described by its foundation as an "Inter-App Blockchain." This core concept is designed to facilitate interactive data sharing between different applications built on its network. For instance, an achievement or item earned in one game could unlock features or be recognized in another unrelated application within the Abey ecosystem. The platform is built to support projects in sectors such as decentralized finance (DeFi), GameFi, and the Metaverse. ^[1]

The Abey Foundation operates as a nonprofit organization that serves as the steward for the Abey chain. Its primary mission is to foster the growth of the ecosystem by providing funding and support to developers through a grants program. The foundation emphasizes achieving user adoption through simplicity and ease of use for both developers and end-users, rather than focusing exclusively on technical metrics like transactions per second (TPS). The project's stated goals include achieving fast transaction finality and enabling seamless functionality across different blockchain ecosystems. ^[2]

Products

The Abey ecosystem features several decentralized applications and tools supported by the foundation.

• XSwap: This is described as the first and largest decentralized exchange (DEX) on the Abey chain. It allows users to swap, stake, and earn rewards using non-custodial wallets. XSwap also includes a claim portal for managing token transitions. ^{[1] [2]}
• XRacer: An NFT-based racing game that represents the GameFi sector of the ecosystem. The game features 2D and 3D racecars and allows players to compete in various competitions. ^[1]
• ARC20 Token Standard: The foundation promotes the ARC20 token standard, which is designed to simplify the process for developers to launch new tokens on the Abey chain and across different ecosystems. ^[2]

Features

The Abey blockchain's architecture is designed with several key features to support its objectives of scalability and interoperability.

• High Throughput: The network reportedly processes up to 3,000 transactions per second (TPS). The architecture is designed with plans to incorporate sharding technology to potentially increase this capacity to 100,000 TPS in the future. ^[1]
• Interoperability: The platform supports cross-chain functionality, aiming to enable seamless interaction with other blockchains. It also features a core "Inter-app" capability, which facilitates data sharing and composability between different dApps operating on the Abey network. ^[1]
• Fast Finality: The chain is designed to offer fast finality, which reduces the waiting time for transaction confirmation and settlement, improving the user experience. ^[2]
• Developer Focus: The foundation emphasizes simplicity in its platform to make the blockchain more accessible for developers to build on and for users to interact with. ^[2]

Ecosystem

The Abey ecosystem consists of a network of dApps and supporting platforms, cultivated through the Abey Grants Program. This program provides funding and resources to developers and teams building on the Abey chain. The foundation actively promotes these projects through its official channels. The community maintains a presence on platforms like Discord, which had over 5,000 members as of late 2025. ^{[2] [3]}

Key projects within the ecosystem include:

• XSwap: A decentralized exchange.
• XRacer: A GameFi project.
• InterWorld: An ecosystem project supported by the foundation.
• Fantase: A marketplace platform.
• XPlus: Another project building within the ecosystem.

These projects contribute to the platform's use cases in DeFi, gaming, and NFT markets. ^[2]

Use Cases

The Abey blockchain is designed to support a variety of applications across different sectors. Its primary use cases include:

• DeFi: Supporting decentralized finance applications, with the XSwap DEX being a central component for token swaps and liquidity.
• GameFi: Enabling play-to-earn (P2E) gaming experiences, such as the NFT-based racing game XRacer.
• Metaverse: Providing a foundational layer for interconnected virtual world projects.
• Cross-Application Interactivity: Allowing user data, such as scores, achievements, or digital assets, to be recognized and utilized across different dApps on the chain.
• Tokenization: Facilitating the creation of new digital assets through the ARC20 token standard for various applications.

These use cases are supported by the platform's architecture and the foundation's grant program. ^{[1] [2]}

Architecture

Abey is a Layer 1 blockchain that is fully compatible with the Ethereum Virtual Machine (EVM). This compatibility allows developers to port existing Ethereum-based smart contracts and applications to the Abey chain with minimal modifications, leveraging familiar tools and programming languages like Solidity. ^[1]

The network utilizes a Delegated Proof-of-Stake (DPoS) consensus mechanism. In this system, holders of the native token vote to elect a DPoS committee, which is a group of delegates responsible for validating transactions, producing new blocks, and securing the network. This model is intended to provide a balance between decentralization and performance. The architecture also incorporates parallel processing for unrelated transactions to optimize performance and throughput. For future scalability, the project plans to implement sharding, a technique that divides the network into smaller, more manageable partitions to process transactions in parallel. ^[1]

Tokenomics

The native token of the Abey blockchain is integral to the network's operation, security, and governance.

Allocation

Specific details regarding the token's initial allocation percentages for the team, foundation, community, or other stakeholders are not available in the provided source materials. ^{[1] [2]}

Utilities

The native token has several key functions within the Abey ecosystem:

• Governance: The token is used by holders to participate in network governance by voting to elect the members of the DPoS committee.
• Staking: As part of the DPoS consensus mechanism, tokens are used to participate in the process of securing the network, which typically involves staking.
• Transaction Fees: The token is used to pay for network gas fees required for processing transactions and executing smart contracts.

These utilities are central to the blockchain's decentralized operation. ^[1]

Governance

The governance model for the Abey blockchain is based on its Delegated Proof-of-Stake (DPoS) system. Token holders have a direct role in the network's governance by participating in the election of a committee of delegates. This elected committee is then entrusted with the responsibility of maintaining the ongoing operation of the blockchain, including transaction validation and block production. This model delegates the day-to-day network maintenance to a smaller group chosen by the broader community of token holders. ^[1]

Confirmed Partnerships

The Abey Foundation collaborates with external partners for infrastructure support and actively promotes projects building within its ecosystem.

• GemPad: A fundraising platform that allows projects built on the Abey chain to conduct public token sales and raise capital.
• LBank: A centralized cryptocurrency exchange that provides regional market access and liquidity for the Abey token and other assets within its ecosystem.

In addition to these infrastructure partners, the foundation supports and collaborates with various projects building on its chain, including InterWorld, XRacer, Fantase, and XPlus. ^{[1] [2]}