Introduction
Parallel is a P2E trading card game (TCG) set in a universe where five warring factions of the human race divergently evolve under adverse conditions. The game was officially announced last year and has since raised more than $50M in funding, with their NFTs doing over $225M in volume on secondary markets. You can learn more about the game mechanics and the story here and here.
The subject of this post is to peek under the hood of both Parallel’s PRIME token and NFT ecosystems and how they are interlinked while examining different strategies for players, investors, and speculators to interact with the economy.
What Goes Around, Comes Around
First and foremost, Parallel has a single token circular economy. This deviates from the P2E norm of the two (or more) token economies, consisting of governance and u