Welcome to The Parallel – An Infinite Metaverse. After 50 years of enlargement, the worldwide gaming business has reached wonderful milestones. From the early days of the Seventies and Eighties with the only video video games equivalent to Pong, Invader Area, and Pacman to the race in expertise between producers from 1985 to 2000 with probably the most basic names equivalent to Tremendous Mario, the world witnessed the unprecedented evolution of the sport business powered by the explosion of the Web and different applied sciences able to designing video games with top-notch graphics over the following 20 years.
The gaming business’s subsequent enhance: Blockchain Know-how and NFT, will be sure that the growth doesn’t come to an finish. All recreation knowledge is clear, and the gadgets and property within the recreation actually belong to the gamers, permitting them to legitimately personal, swap, buy, and promote with out the sport writer’s consent. Nobody has the authority to change or take possession of such property.
The Parallel is a digital world universe with a real-life simulation recreation system during which customers can totally produce supplies and have interaction in monetization, leisure, and networking actions. Gamers are the designers of their very own world, and so they can work with others to develop an infinite universe of The Parallel.
What’s the undertaking attempting to attain?
Not like different video games during which gamers compete with each other, Parallel’s elementary attraction is centered on person connections. The sport seeks to supply immersive experiences to gamers of many social courses, impartial of age, gender, occupation, or social degree.
Everybody can interact in world-building, leisure, connecting, and managing their very own property in a future financial system, and so they can merely swap between property in The Parallel and actual life.
The long-term ambition is to see The Parallel’s infinite canvas develop into an enormous and diversified assortment of explorable masterpieces that embody the super ingenuity of the worldwide gaming neighborhood.
They intend to develop an extremely attractive and rewarding “Get pleasure from To Earn” ecosystem that may ultimately domesticate the world’s largest gaming neighborhood of crypto-enthusiasts and NON-crypto-enthusiasts alike.
What’s the distinctive promoting level?
Person-Generated Content material (Artistic)
The Parallel would be the universe the place gamers may be fully themselves. Gamers are the makers of their very own world and may be a part of with others to develop a boundless universe of The Parallel, because of their limitless inventive energy of creativeness.
The Parallel will present a platform the place players could play, create, accumulate, commerce, and earn cryptocurrencies with out going by a central management construction.
Hydra System (Copyright Possession)
The Hydra System, a expertise that outperforms current copyright safeguards, will safe copyright possession over the gamers’ contributions. This technique use AI for identification scanning to make sure that every NFT generated is distinct, with NO TWO NFTs sharing MORE THAN 85% similarity options. Which means that gamers can declare full management of their one-of-a-kind product and achieve income from licensing or leasing the NFT itself with out worry of imitation.
New Idea: Get pleasure from to Play
Many of the video games’ ideas just lately are Free-to-Play or Play-to-Earn. The Parallels, alternatively, is exclusive. They’re centered on spearheading the Get pleasure from-To-Play motion. They construct a universe that’s purposefully designed to supply each participant full autonomy. They need to let gamers generate cash from what they take pleasure in doing. They may very well be something that they need to be or dream to be so long as they really feel comfortable about it whereas they’re making actual cash within the type of The Parallel Token ($PRL) or useful NFTs.
Gameplay
There might be 12 forms of Runes in-game, equivalent to Emerald, Garnet, Jade, Opal, Pearl, Ruby, Sapphire, Onix, Lapis, Topaz, Zircon, Amethyst.
- Runes have the next traits: Gamers use Runes to construct Paragon with their very own character and individuality. Runes are additionally utilized to create instruments, weapons, lands, and infrastructure. On The Parallel, gamers have full inventive management over their supplies.
- Rune Rank: Runes are labeled into 5 “Tiers” based mostly on shortage and potential. Their power is set within the following order: Legendary, Epic, Uncommon, Unusual, and Widespread.
- Component: Every materials has its personal ingredient, which is represented by the substance’s colour. The Paragons’ statistics are affected by 5 parts in The Parallel: hearth, water, air, plant, and earth. As an illustration, utilizing a scorching hue, equivalent to crimson, tends to present you a fire-type character.
You may customise your personal Paragon (NFT): Every Paragon has its personal distinctive function which expresses the distinct character of the participant. Paragon NFT is exclusive and may be rented, purchased, or bought. The rarity and stats of the Runes used to construct Paragon decide its energy.
- CRAFT: Runes might be utilized by gamers to create Paragons. The rarity and power of the runes used within the crafting course of will decide the ability of the paragons. RNG governs crafting. Utilizing the identical Runes and supplies doesn’t essentially present the identical outcomes.
- UNCRAFT: Decraft assists the participant in reclaiming Rune supplies after producing unfavorable paragons. Gamers can craft to construct a extra suited character based mostly on completely different gaming causes. Nonetheless, upon decrafting, the participant would lose a part of the Runes supplies that have been beforehand utilized in crafting.
Issues are nonetheless getting extra thrilling when there might be a Informal Mining Sport, which might allow you to discover new lands and different useful runes in The Parallel as nicely.
Every new land is infused with several types of Runes. They are going to have their very own distinct traits and terrain.
One other distinctive level of this recreation that you simply can personal lands within the recreation. As a result of land might be extraordinarily scarce and restricted, gamers must compete in auctions and competitions to acquire it.
Particular Actions
Particular festive occasions are occasions when gamers from all around the world alternate Runes for particular seasonal Rune sources to assemble a festival-themed merchandise. The participant who efficiently casts that merchandise might be rewarded.
There can even be competitions for Paragon and Land. Gamers’ creations might be positioned into a contest, with the most effective Paragons and lands successful massive sums of cash! All through The Parallel’s improvement, particular actions might be up to date and refreshed.
Market
Buying and selling and transaction operations involving NFTs and objects from The Parallel universe might be performed at Market. That is a digital market the place players can buy and promote common gadgets.
Moreover, the Market would be the place to carry auctions. The uncommon gadgets are displayed along with the beginning value and the date and hour of the public sale. Following every public sale, the person with the very best bid will win and buy the merchandise.
Modes & Gadgets
The Parallel gives a complete vary of features and actions for the character in common mode (with out VR/AR). This allows gamers to take part with out the necessity for added gear (equivalent to VR glasses). Within the early phases of improvement for The Parallel recreation, customers will have the ability to expertise in-game actions on each desktop and cellular gadgets. We pre-develop the desktop iteration all through this early section.
The sport might be accessible on console platforms with AR/VR sooner or later, that are anticipated in This fall 2022, with PlayStation VR integration following in Q1 2023.
Roadmap
Key Metrics
There are 2 tokens that can be utilized in The Parallel: $PRL and $PS.
- Parallel Token is the primary token of The Parallel. PRL Token performs a vital half within the sustainable play-to-earn financial system of The Parallel recreation.
- PS is a token that’s utilized in recreation actions and has no restrict on the variety of tokens that can be utilized.
Important Token – $PRL
- Token Identify: Parallel
- Ticker: PRL
- Blockchain: Binance Good Chain
- Token Commonplace: BEP-20
- Contract: TBA
- Token Kind: Utility
- Whole Provide: 1,000,000,000 PRL
In-game Token – $PS
- Token Identify: PowerStone
- Ticker: PS
- Blockchain: Binance Good Chain
- Whole Provide: Limitless
Token Allocation
The overall of $PRL might be allotted into the next classes:
Token Sale
We are going to replace you quickly when there may be official details about the undertaking.
Token Launch Schedule
The vesting plan is proven within the beneath desk:
| Spherical | P.c | Particulars |
| Strategic Accomplice | 5,00% | 10% at TGE Lock 6 months, vesting linear for twenty-four months |
| Personal Spherical | 14,00% | 10% at TGE Lock 3 months, vesting linear for 18 months |
| Public Spherical | 1,00% | 25% at TGE, vesting linear for 3 months |
| Advisors | 2,50% | Lock 1 12 months, vesting linear for twenty-four months |
| Group | 11,50% | Lock 1 12 months, vesting linear for 36 months |
| Sport Rewards | 25,00% | Cliff for 1 month, vesting linear for 36 months |
| Ecosystem | 5,00% | Cliff for 1 month, vesting linear for twenty-four months |
| Staking reward | 20,00% | Lock until Staking Perform accessible |
| Liquidity | 6,00% | Some unlock, some locked |
| Advertising and marketing | 10,00% | Cliff for 1 month, vesting linear for 36 months in 3 years |
Parallel Fund
Whole fund: $4,000,000
| Liquidity | 25,00% |
| DEV | 25,00% |
| Operation | 15,00% |
| Ecosystem improvement | 35,00% |
Launch Map
Token Use Case
Important Token – $PRL
- For staking
- For farming
- For cost price, cost unit on Market
- For rewards for taking part in particular occasions
- For minting NFTs Paragon, Land, Merchandise
- For offering liquidity on exchanges
In-game Token – $PS
The first utilities of the token are:
- For rewards for in-game actions
- For crafting/decrafting NFT
- For minting NFTs Paragon, Land, Merchandise
Treasury
The income might be dispersed as an incentive for lively contributors in The Parallel ecosystem with the intention to sustainably construct the financial system.
To get prizes, all gamers should take part in in-game actions.
As soon as a decentralized governance board is established, the governing board will outline the parameters and circumstances for allocation to the assorted organizations, and no centralized entity will have the ability to management these elements unilaterally. The Parallel’s treasury income:
- All transactions within the Paragon NFT market are topic to charges.
- NFT copyright registration price
- $PRL a part of the ecosystem price
- Promoting land and in-game consumables price
As well as, there might be a price when gamers need to craft NFT paragons and Gadgets.
How you can personal the token?
The Play-to-Earn enterprise mannequin is the latest addition to the gaming business. It’s a enterprise technique that embraces the idea of an open financial system and rewards all gamers that present worth by contributing to the sport ecosystem with monetary rewards.
The premise of the “play-to-earn” enterprise mannequin is giving gamers full possession of property and empowering them to contribute worth by actively taking part in the sport. Gamers create worth for different gamers and recreation builders by taking part within the financial system. They’re rewarded with in-game property in alternate. These digital property may vary from cryptocurrency to in-game sources which were encoded on the Blockchain.
Parallel’s objective is to create a steadiness between entertaining and monetization potential. Bringing players into a nice and artistic setting – the primary expertise – whereas additionally offering a cash stream for all members.
Play To Earn (As a Participant)
- Gamers do operations to earn Runes and gadgets.
- Gamers do every day and weekly quests to get rewards.
- Gamers can earn cash by working as tenants on land owned by landlords.
Create To Earn (As a Creator)
- Gamers create Paragon, land, high-value gadgets to get rewards from particular actions
- Gamers revenue from Paragon’s inventive copyrights
Lease To Earn
Gamers lease out Paragon, lease out land for revenue
Farming
Gamers use added PRL Tokens into farming swimming pools to make earnings
Staking
Gamers use stake PRL or NFT Paragon to :
- Earn Important Token – Parallel
- Earn lottery to take part in fortunate draw occasion to purchase lands
- Used circumstances might be up to date sooner or later
Buying and selling
Gamers purchase, promote, commerce by Market to earn revenue
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Informal Video games Incomes Course of -
Monetization Diagram Of Gamers -
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Group
Advisors
Backers
Accomplice
Decentraland
Decentraland is a digital actuality platform powered by the Ethereum blockchain. Customers can develop, expertise, and monetize content material and purposes. Land in Decentraland is completely held by the neighborhood, offering them full possession over their works.
Customers declare possession of digital land on a blockchain-based parcel database.
Landowners have management over what content material is revealed on their parcel of land, which is identifiable by a set of cartesian coordinates (x,y). The content material may vary from static 3D scenes to interactive methods equivalent to video games.
The Sandbox
On this digital realm, referred to as the metaverse, gamers can personal land, create, play, and take part in digital adventures. You may monetize the experiences you create throughout the metaverse by proudly owning a sandbox plot of digital land, which may be an attention-grabbing exercise for artists or small builders who aren’t snug with different recreation engines.
The SAND token can be utilized to purchase and promote all Sandbox options, and in the long run, gamers assist to continually prolong this metaverse. Gamers can commerce NFTs, which can be utilized to personalize their avatar’s look, along with buying and promoting digital land.
The Sandbox has grown in reputation to rival Minecraft and Roblox, and it lays a robust emphasis on constructing a wholesome neighborhood of customers who can interact and alternate concepts to drive larger innovation throughout the platform.
Blankos Block Occasion
This recreation helps you to assemble your personal colourful figures within the type of digital vinyl toys, with an emphasis on personalised designs. It additionally permits gamers to create and discover digital worlds the place they’ll purchase distinctive ‘Blankos,’ take part in missions and play group video games (“Block Events”).
Restricted version Blankos have piqued the curiosity of traders, particularly given the success of collaborations with names like Deadmau5 and Burberry.
Conclusion
The Parallel Universe offers gamers and creators real possession of the digital setting, permits them to take part in governance and economics, and permits them to develop and revel in a easy strategy to revenue from their taking part in.
The undertaking is freshly new, however with the assistance of an skilled and devoted group will develop extra distinctive options within the digital world the place you possibly can play, create, accumulate, earn, handle and personal any property within the recreation.
Total, it’s a worth-waiting undertaking. We are going to strive our greatest to replace you with the most recent info of The Parallel.
Discover out extra about The Parallel:
Web site: https://theparallel.io/
Twitter: http://twitter.com/theparallel_io
Medium: http://medium.com/@theparallel
Discord: http://discord.gg/ex6SckmWqp
Fb: http://facebook.com/theparallel.io/
Telegram:
Youtube: http://youtube.com/channel/UCKvlkWCeNDEgxa41k1wBZYA
When you’ve got any questions, feedback, recommendations, or concepts in regards to the undertaking, please e mail [email protected].
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