What is Parallel?
Parallel is a cutting-edge Web3 trading card game (TCG) developed by Parallel Studios. Built on blockchain technology, it incorporates NFT-powered assets and play-to-earn mechanics to create an immersive gaming experience.
Set in a dystopian future where Earth has been rendered uninhabitable by "The Event," humanity has fractured into five distinct factions scattered across space:
- Earthen - The remnants of Earth's original inhabitants
- Marcolian - Mars colonists who evolved independently
- Augencore - Technologically augmented humans
- Kathari - A mysterious faction of advanced beings
- Shroud - Shadowy figures with unknown motives
Players collect NFT cards representing these factions and compete in strategic battles to earn PRIME tokens, the native currency of the Echelon ecosystem. Parallel offers multiple gameplay modes to suit different player preferences:
👉 Discover Parallel's innovative gameplay
- The Ladder - Competitive ranked play
- Sectors - Specialized battle environments
- Rookie Queue - Beginner-friendly mode with customizable starter decks
What will this funding mean for Parallel?
The $35 million investment comes hot on the heels of Parallel's successful open beta launch, which introduced new content including the Ghosan, Viper of Ceres card, along with numerous gameplay refinements and technical improvements.
Strategic Allocation of Funds
Parallel Studios plans to deploy the capital across several key initiatives:
User Acquisition
- Expansion of the Parallel Ambassador program
- Influencer partnerships and collaborations
- Targeted advertising campaigns
Platform Expansion
- Launch on major PC gaming platforms
- Potential mobile version development
Development of Colony
- An AI-powered survival simulation game on Solana
- Support for Wayfinder AI protocol development
The studio aims to release a beta version of Colony by late 2024 and is actively scaling its team to meet this ambitious timeline.
👉 Explore Parallel's blockchain innovations
With this latest funding round led by Paradigm, Parallel has now raised $85 million total, achieving a valuation of $500 million - a testament to the project's growing influence in the Web3 gaming space.
FAQ
What makes Parallel different from traditional TCGs?
Parallel combines strategic card gameplay with blockchain technology, allowing true digital ownership of assets through NFTs and play-to-earn mechanics.
How can players earn in Parallel?
Players can earn PRIME tokens by winning battles, completing challenges, and participating in special events within the game's ecosystem.
When will Parallel be available on mobile?
While mobile versions are under consideration, the current focus is on PC launches through platforms like Epic Games Store and Steam.
What is Colony?
Colony is Parallel Studios' upcoming AI-powered survival simulation game built on Solana, sharing the same universe as the Parallel TCG.
How does the Parallel Ambassador program work?
The Ambassador program recruits community members to help promote the game through content creation, social media engagement, and grassroots marketing efforts.