What Is Parallel?
Parallel is a Play-To-Earn (P2E) trading card game (TCG) in a universe where various human factions have evolved in distinct ways due to diverse, challenging circumstances.
Background
Announced in 2021, Parallel has raised over $50 million in funding.
How It Works
Five factions of the human race characterize the universe of Parallel, each evolving differently under adverse conditions. Parallel’s single token, PRIME, underpins the game’s governance, value transfer, gameplay, and play-to-earn mechanisms. Rather than implementing burn mechanisms, a static supply of 111,111,111,111 tokens is redistributed through participation in the ecosystem, staking, and gameplay.
In the game, two players build a deck of 40 cards, using only cards from one faction, along with universal cards. A “Paragon” card is selected at the beginning of the game, providing a lasting effect on the player’s deck. The game aims to reduce the opponent’s life points from 30 to 0.
Key Takeaways
- Parallel is a Play-To-Earn trading card game announced in 2021 and has raised over $50 million in funding.
- The game involves two players, each with a deck of 40 cards, with the objective to reduce the opponent’s life points from 30 to 0.
- Parallel’s single token, PRIME, supports governance, value transfer, gameplay, and play-to-earn mechanisms.
- Holders of Parallel NFTs can benefit from initial allocation and can stake their NFTs to capitalize on continuous emissions.
- The universe of Parallel consists of five human factions, and the players can only use cards from one faction along with universal cards to build their deck.