Allow us to recall that in 2021, Parallel raised $50 million from Paradigm (lead investor), Focus Labs, OSS Capital L.P., Tess Ventures, Yunt Capital, YouTube co-founder Chad Hurley at a valuation of $500 million.
The sport is being launched with the support of Solana, which ought to convey an extra viewers, media hype and potential airdrop. There are not any particulars but for the ecosystem inside Solana.
Now you may submit an application to take part within the beta model.
Echelon is a gaming system developed by Parallel and Colony with its personal PRIME token and its personal market. The token has quietly made 3x since February, efficiently using the Gaming pattern. FDV ~ $2.32 billion with 23% circulation.
The token is at the moment at ATH, so shopping for it’s already fairly dangerous.
The primary quantity is on Uniswap and Coinbase. Not but traded on Binance.
- Total supply: 111 111 111 PRIME
- Sport pool: 35,227,778 (31.7%);
- Parallel Studios Reserve: 21,848,889 (19.7%);
- Parallel Studios Buyers: 18,044,478 (16.2%);
- Reserve for fund: 12,428,333 (11.2%)
- PRIME Occasions: 7,895,000 (7.1%)
Those that purchased packs of playing cards within the Parallel alpha (held NFTs) obtained a Prime drop:
The marketplace is notable for the truth that it really works on each the Solana community and EVM-compatible networks. Thus, the transition to Solana might be easy — the infrastructure is already there.
- Apply for the Colony beta
- Commerce on {the marketplace}:
- Final month, a market was launched on the BASE community the place you may work together with playing cards. You’ll be able to wind transoms on it.
- Play Parallel
- Improve your account in Parallel.
- HODL Parallel NFT and PRIME
There’s a excessive chance that Echelon will give out a drop for holding NFTs when Parallel leaves beta, in addition to for taking part in Colony’s beta. Additionally, holding PRIME won’t be a nasty thought.
Notice
This text is for informational functions solely and doesn’t present any monetary recommendation. DYOR!