Welcome to the Parallel – An Infinite Metaverse. After 50 years of expansion, the global gaming industry has reached incredible milestones. From the early days of 1970-1980 with the simplest video games like Pong, Invader Space, Pacman to the technology race between manufacturers from 1985 to 2000 with names classics like Super Mario, the world has seen unprecedented growth. of the game industry powered by the explosion of the Internet and other technologies capable of designing games with top-notch graphics over the next two decades.

The game industry’s next push: Blockchain Technology and NFT, will ensure that the boom doesn’t end. All game data is transparent and in-game items and assets actually belong to the players, allowing them to legally own, swap, buy and sell without the developer’s consent. develop. game release. No one has the right to alter or take ownership of such assets.

What is parallelism?

The Parallel is a virtual world universe with a real-life simulation game system, in which users can completely self-produce materials and participate in earning, entertainment and networking activities. The player is the designer of their own world, and they can work with others to develop an endless universe of The Parallel.

Outstanding Features

What is the project trying to achieve?

Unlike other games in which players compete against each other, Parallel’s basic attraction focuses on user connection. The game seeks to provide immersive experiences to players of all walks of life, regardless of age, gender, occupation, or social level.

Everyone can participate in world-building, entertaining, connecting and managing their own wealth in a future economy, and they can simply swap between assets in The Parallel and real life.

The long-term ambition is to see The Parallel’s endless vistas grow into a vast and varied collection of discoverable masterpieces, containing the immense ingenuity of the worldwide community of gamers. bridge.

They intend to develop an extremely engaging and rewarding “Enjoy for Money” ecosystem that will eventually nurture the world’s largest gaming community of crypto enthusiasts and those who are NOT. Cryptocurrency enthusiast.

What is Unique Selling?

User Generated Content (Ads)

The Parallel will be a universe where players can be completely themselves. Players are the creators of their own worlds and can join with others to develop an endless universe of The Parallel, thanks to the power of their unlimited creative imaginations.

The Parallel will provide a platform where players can play, create, collect, trade and earn cryptocurrency without going through a central control structure.

Hydra System (Copyright Ownership)

The Hydra system, a technology that surpasses current copyright protections, will guarantee copyright ownership of player contributions. This method uses AI to scan identities to ensure that each NFT generated is distinct, NO TWO NFTs share more than 85% similar features. This means that players can claim complete control of their one-of-a-kind production and gain revenue from licensing or leasing the NFT itself without fear of imitation.

New concept: Enjoy playing

Most recent game concepts are Free to Play or Play for Money. Parallels, on the other hand, is unique. They focus on being at the forefront of the Enjoyment movement. They built a universe purposefully designed to provide complete autonomy to each participant. They want to let players make money from what they love to do. They can become anything they want to be or dream of as long as they feel good about it while earning real money in the form of Parallel Tokens ($PRL) or valuable NFTs.

Gameplay

There will be 12 types of Runes in the game, such as Emerald, Garnet, Jade, Opal, Pearl, Ruby, Sapphire, Onix, Lapis, Topaz, Zircon, Amethyst.

Runes have the following characteristics: Players use Runes to build Paragons with their own personality and personality. Runes are also used to create tools, weapons, land, and infrastructure. On The Parallel, players have full creative control over their materials.

Rune Rank: Runes are classified into five “Tiers” based on scarcity and potential. Their power is decided in the following order: Legendary, Epic, Rare, Uncommon, and Common.

Element: Each material has its own element, indicated by its color. The stats of the Paragons are affected by the five elements in The Parallel: fire, water, air, plants, and earth. For example, use a hot color, such as red, to give you a fire type character.

Modes & Devices

The Parallel offers a comprehensive range of functions and operations for the character in normal mode (no VR/AR). This allows players to participate without additional equipment (such as VR glasses). In the early stages of The Parallel game’s development, users will be able to experience in-game operations on both desktop and mobile devices. We pre-develop the desktop version during this early phase.

The game will be accessible on console platforms with AR/VR in the future, scheduled for Q4 2022, with PlayStation VR integration then in Q1 2023.

Technical Data

Key Metrics

There are 2 tokens that can be used in The Parallel: $PRL and $PS.

• Parallel Token is the main token of The Parallel. PRL Token plays a crucial part in the sustainable play-to-earn economy of The Parallel game.
• PS is a token that is used in game activities and has no limit on the number of tokens that can be used.

Main Token – $PRL

• Token Name: Parallel
• Ticker: PRL
• Blockchain: Binance Smart Chain
• Token Standard: BEP-20
• Contract: TBA
• Token Type: Utility
• Total Supply: 1,000,000,000 PRL

In-game Token – $PS

• Token Name: PowerStone
• Ticker: PS
• Blockchain: Binance Smart Chain
• Total Supply: Unlimited

Token Allocation

The total of $PRL will be allocated into the following categories:

Token Sale

We will update you soon when there is official information about the project.

Token Release Schedule

The vesting plan is shown in the below table:

Parallel Fund

Total fund: $4,000,000

Token Use Case

Main Token – $PRL

• For staking
• For farming
• For payment fee, payment unit on Marketplace
• For rewards for participating in special events
• For minting NFTs Paragon, Land, Item
• For providing liquidity on exchanges

In-game Token – $PS

The primary utilities of the token are:

• For rewards for in-game activities
• For crafting/decrafting NFT
• For minting NFTs Paragon, Land, Item

Treasury

The revenue will be dispersed as an incentive for active contributors in The Parallel ecosystem in order to sustainably build the economic system.

To get prizes, all players must participate in in-game activities.

Once a decentralized governance board is established, the governing board will define the parameters and circumstances for allocation to the various organizations, and no centralized entity will be able to control those aspects unilaterally. The Parallel’s treasury revenue:

• All transactions in the Paragon NFT market are subject to fees.
• NFT copyright registration fee
• $PRL part of the ecosystem fee
• Selling land and in-game consumables fee

In addition, there will be a fee when players want to craft NFT paragons and Items.

How to own the token?

The Play-to-Earn business model is the most recent addition to the gaming industry. It is a business strategy that embraces the concept of an open economy and rewards all players that provide value by contributing to the game ecosystem with financial rewards.

The basis of the “play-to-earn” business model is giving players full ownership of assets and empowering them to contribute value by actively playing the game. Players create value for other players and game developers by participating in the economy. They are rewarded with in-game assets in exchange. These digital assets might range from cryptocurrency to in-game resources that have been encoded on the Blockchain.

Parallel’s goal is to create a balance between entertaining and monetization potential. Bringing gamers into a pleasant and creative environment – the main experience – while also providing a money stream for all participants.

Play To Earn (As a Player)

• Players do operations to earn Runes and items.
• Players do daily and weekly quests to get rewards.
• Players can earn money by working as tenants on land owned by landlords.

Create To Earn (As a Creator)

• Players create Paragon, land, high-value items to get rewards from special activities
• Players profit from Paragon’s creative copyrights

Lease To Earn

Players rent out Paragon, rent out land for profit

Farming

Players use added PRL Tokens into farming pools to make profits

Staking

Players use stake PRL or NFT Paragon to :

• Earn Main Token – Parallel
• Earn lottery to participate in lucky draw event to buy lands
• Used cases will be updated in the future

Trading

Players buy, sell, trade through Marketplace to earn profit

Casual Games Earning Process

Monetization Diagram Of Playe

Market and Community

Decentraland

Decentraland is a virtual reality platform powered by the Ethereum blockchain. Users can develop, experience, and monetize content and applications. Land in Decentraland is permanently held by the community, providing them complete ownership over their works.

Users claim ownership of virtual land on a blockchain-based parcel database.

Landowners have control over what content is published on their parcel of land, which is identifiable by a set of cartesian coordinates (x,y). The content might range from static 3D scenes to interactive systems such as games.

The Sandbox

In this virtual realm, known as the metaverse, players can own land, create, play, and participate in virtual adventures. You can monetize the experiences you create within the metaverse by owning a sandbox plot of virtual land, which can be an interesting activity for artists or small developers who aren’t comfortable with other game engines.

The SAND token can be used to buy and sell all Sandbox features, and in the end, players help to constantly extend this metaverse. Players can trade NFTs, which can be used to personalize their avatar’s appearance, in addition to purchasing and selling virtual land.

The Sandbox has grown in popularity to rival Minecraft and Roblox, and it lays a strong emphasis on building a healthy community of users who can engage and exchange ideas to drive greater innovation across the platform.

Blankos Block Party

This game lets you construct your own colorful figures in the form of digital vinyl toys, with an emphasis on personalized designs. It also allows players to create and explore virtual worlds where they can acquire unique ‘Blankos,’ participate in missions and play team games (“Block Parties”).

Limited edition Blankos have piqued the interest of investors, especially given the success of collaborations with names like Deadmau5 and Burberry.

Conclusion

The Parallel Universe gives players and creators genuine ownership of the digital environment, allows them to participate in governance and economics, and allows them to develop and enjoy a simple way to profit from their playing.

The project is freshly new, but with the help of an experienced and dedicated team will develop more unique features in the virtual world where you can play, create, collect, earn, manage and own any property in the game.

Overall, it’s a worth-waiting project. We will try our best to update you with the latest information of The Parallel.

Find out more about The Parallel:

Website: https://theparallel.io/

Twitter: http://twitter.com/theparallel_io

Medium: http://medium.com/@theparallel

Facebook: http://facebook.com/theparallel.io/

Telegram:

• Community: http://t.me/theparallelcommunity
• Official: http://t.me/theparallelofficial

Youtube: http://youtube.com/channel/UCKvlkWCeNDEgxa41k1wBZYA

Contact Detail:

Company Name: Parallel
Contact Person: Media Relations
Email: Send Email
Country: United States
Website Url: https://theparallel.io