The Parallel (PRL) - A Parallel Metaverse Universe for Unleashing Creativity and Earning Money
The Parallel (PRL) - A Parallel Metaverse Universe for Unleashing Creativity and Earning Money
What is The Parallel?
The Parallel is a Metaverse Universe where players have unlimited potential to create their own worlds.
In The Parallel, every player is an empowered creator, capable of building anything they desire. Alongside other players, you collectively shape a vast and continuously expanding universe.
Balancing Enjoyment with Earning, The Parallel is an environment not only for fun and creativity but also offers numerous opportunities to earn money.
The team behind The Parallel prioritizes creativity, ensuring that players' innovations are not confined within limits. The Hydra System protects players' intellectual products, ensuring each creation is a unique NFT.
Furthermore, The Parallel allows creators to use external creative tools, not limited to tools within its ecosystem. Essentially, players act as designers and creators, shaping their own individual metaverse stories.
Key Features of The Parallel
Copyright Ownership
The Parallel will establish a platform where players can game, create, collect, trade, and earn cryptocurrency (Parallel token - PRL) without the need for any centralized control systems.
Players' creative products are protected by copyright through the advanced Hydra System, surpassing current copyright protection measures by using AI to scan and ensure each NFT created is unique - no two NFTs share more than 85% identical attributes.
Entertainment & Connectivity
Creative, entertainment, and connectivity are core principles intertwined within The Parallel.
Players can experience vibrant social life with thousands of other players in The Parallel through virtual reality technology.
There are no limits to creativity within The Parallel! The future is shaped with limitless social possibilities.
Enjoy Gaming and Earn Money
The Parallel focuses on enjoying moments in gaming with Free2play or earning money through Play2earn. Game developers create a world with a strategy that gives complete autonomy to each player.
They want players to earn money on their terms, not the company's terms - something that makes players happy when earning real money in the form of $PRL cryptocurrency and/or valuable NFTs.
Everyone can happily earn money in the limitless world of The Parallel.
Goals
Unlike other games where players compete with each other, The Parallel's core attraction is the connection between players.
Everyone can participate in building the world, enjoying entertainment, connecting, and managing their assets in a future economy, easily exchanging assets within The Parallel and the real world.
Game Modes
The Parallel is not just a game. It is a vast world, a culture, a society, an endless landscape with infinite possibilities.
Players not only have the opportunity to collect assets (NFTs) and earn money through gaming but also enjoy an unlimited Metaverse universe.
Players will build, connect, and enjoy a world they create themselves, from houses, villages, castles, to exciting social events.
In The Parallel's Metaverse, players have unlimited potential to explore their creative aspects while connecting with each other in a colorful world.
Paragon Customization (NFT)
These are characters created by players. Each Paragon has unique features that reflect the player's individual personality.
Paragon NFTs are unique and can be leased, purchased, or sold.
The power of Paragon depends on the rarity and attributes of the rune that creates it.
Craft
Rune
Players will use runes to create Paragons. The strength of Paragons depends on the rarity and power of the runes used in crafting.
The crafting process is random, and using identical runes/materials doesn't always yield identical results.
Uncraft
Uncraft allows players to retrieve rune materials in case they create unwanted Paragons.
Depending on different purposes, players can craft to create a more suitable character. However, when uncrafting, players lose some previously used runes.
Marketplace
Buying and trading activities of NFTs and items in The Parallel will take place on the Marketplace.
This is where players can buy and sell their normal items. Additionally, the Marketplace operates based on auctions.
Rare items are auctioned with a starting price and auction time. After each auction, the highest bidder wins and purchases the item.
Devices
In standard mode (no VR/AR), The Parallel provides full features and activities for characters. This allows players to participate without depending on accessories (such as VR glasses).
In the early stages of game development, players will be able to play on both desktops and mobile devices to experience in-game activities.
In the medium term, the game will also be available on Console platforms with AR/VR compatibility. Compatibility modes and AR/VR capabilities are expected to launch in Q3 2022.
In-Game Economy
The Parallel aims to balance entertainment and earning.
Providing players with a fun and creative environment - experience is key, while also generating revenue for everyone.
Ways to Earn Money in The Parallel
By participating in The Parallel, players can benefit in the following ways:
Play2Earn (as players): Players perform actions to earn runes and items. Players complete daily and weekly tasks to receive rewards and can earn money by farming on land owned by landlords.
Create2Earn (as creators):
Players can create Paragons, land, and valuable items to receive rewards from special activities.
Players can profit from the creative copyright of Paragon.
Lease2Earn: Players can lease Paragons and/or land to earn interest.
Farming: Players use PRL tokens added to the farming pool to earn interest.
Staking
Earn Parallel tokens - PRL.
Earn lottery tickets to participate in prize draw events to purchase land.
Other cases will be updated in the future.
Trading: Players buy, sell, and trade through the Marketplace to make a profit.
Player Money-Making Scheme
The Parallel promotes a diverse, well-structured money-making platform. Players can use BUSD and Farming to receive PRL tokens and they can help perform many different activities.
Potential of The Parallel
The Parallel has many breakthrough aspects such as True Metaverse features and emphasizes player connectivity for mutual success - while enjoying the fun together!
A True Metaverse: With plans to integrate AR and VR in Q3 2022, The Parallel will immerse players in a virtual world with vast social and financial prospects, bringing real economic value outside of the Metaverse. Using cryptocurrency in The Parallel, players can rent meeting rooms, host parties, and even go to work. The Parallel is positioned as a crucial part of the future of blockchain gaming on the internet.
The Parallel Metaverse: The Parallel is not limited to just a game. Secondary games within the main game will continuously and infinitely develop. Moreover, while the first world is created by a talented and experienced design team, subsequent worlds will be community and player-created. This feature automatically addresses narrative constraints of other games.
Create Together: The Parallel is a game where imagination reigns supreme. Players can craft, uncraft, and create anything. Build and solve problems with your friends in this infinite universe.
Earn Together: With the Hydra System, true ownership lies in the hands of players without worrying about counterfeiting.
Build Together: The collaborative nature of The Parallel means players are not focused on competing with each other. Instead, the goal is to connect everyone to build the world together.
Creative Earning: In The Parallel, players are creators and become true owners of digital creations. These creative assets will be the spirit and motivation of The Parallel.
In-Game Tokens
There are two tokens used in The Parallel: Parallel Token (PRL) and Power Stone token (PS), used for different purposes. Players can earn these tokens through gameplay, chopping wood, mining, and trading. Both tokens adhere to the BEP-20 Binance standard of the Binance Smart Chain.
$PRL Token
Limited to a total supply of 1,000,000,000, PRL is the main token of The Parallel. PRL plays a crucial part in the sustainable #play2earn economy of the game and can be used for:
Staking
Farming
Transaction fees, payments on the Marketplace
Rewards for participating in special events
Crafting Paragons, purchasing items, and land
Providing liquidity on trading platforms
$PS Token
With an unlimited supply, PS is used for in-game activities. Players can use PS to:
Reward gameplay activities
Craft/uncraft NFTs
Cast Paragon NFTs, Land, Items
With two different tokens, The Parallel allows players to unleash their creativity.
Roadmap
Although The Parallel has been relatively recently developed (starting from Q4 2021), the publisher has a clear plan for development throughout 2022.
In 2021, token announcement events will be launched to kick off the project and earning features.
Paragon crafting features will start, allowing players to submit Paragon designs.
Expected events in 2022 include: the launch of the Marketplace and mining game, later expanded into a new mining game. Also, keep an eye on the Land schedule in Q2 2022.
Development Team
The Parallel's team is an international team with many members having over a decade of experience. They are a collection of experts in Blockchain and Fintech, Marketing and Gaming, VR/AR, Development,... with many notable achievements.
Partners and Investors
At the time of writing, they have five partners including Kyber Network, RADA, COINCU, UB Ventures, and Box Studio.
Conclusion
Gamefinity will continue to compile the latest news related to The Parallel game in subsequent articles. Hope this article provides useful information for you.
Disclaimer: Information was gathered from the Whitepaper and official sources of the project. Some analytical information was researched from other sources on the internet (cited). The article is for informational purposes only and should not be considered investment advice.
