Written by: Deep Tide TechFlow
On the other end of the inscription frenzy, the gaming sector leads the secondary market's gains. ILV, GMT, and IMX have all reversed their decline, with ILV being the most prominent, rising from 40 to 94 in just one month. So, what other opportunities are there in the gaming sector? Are there any gems that the community has not discovered yet? Let's welcome the protagonist of this article—Parallel.
In 2021, Parallel, a collectible card game, completed a $50 million financing round led by Paradigm, with other investors including YouTube co-founder Chad Hurley, Focus Labs, OSS Capital, and Yunt Capital. The game team members come from AAA games such as "Assassin's Creed" and "Valorant," and YouTube co-founder Chad Hurley joined the team in March 2021. On the Opensea platform, the current accumulated trading volume of Parallel Alpha NFT is 80,076 ETH, bringing Parallel approximately 8,000 ETH in total transaction fee revenue.
It is evident that the Parallel team has sufficient funds to operate. They have not rested on their laurels, continuously updating Parallel TCG, promoting the game's A/B testing, and creating another AI-driven 3D game—Colony to expand the Parallel universe.
Background Story and Token System
The general background of Parallel TCG begins shortly after Earth, where resources are depleting and energy has become a scarce commodity. Scientists in urgent need of a solution attempted a new type of fission reaction experiment using antimatter. However, the experiment failed, triggering a global catastrophe called The Event, which spread a new type of radiation across Earth, resulting in the deaths of billions of humans and animals.
Facing a survival crisis, humans built three spacecraft called Genesis, which carried large numbers of survivors away from Earth. One went to Mars, one to Europa (Jupiter's second moon), and one to the asteroid belt. Thousands of years later, humans avoided extinction and survived as five independent groups called Parallels. The survivors referred to The Event as The Priming. Earth became habitable again, and a new energy source called Prime emerged. The five Parallel groups eventually clashed to control Earth and the Prime energy.
Prime is the practical token of the game. It is associated with the Echelon Foundation and the Parallel ecosystem. It is used to interact with smart contracts, can be transferred and traded, and serves as a reward when winning the game (Prime can only be obtained by winning NFT card victories).
PRIME Token Distribution and Value
According to official documents, the total supply of PRIME tokens is 111,111,111.111. The real-time circulation can be viewed on the official website. See the distribution details in the table below:
$PRIME is absolutely central to the game. It is not only a currency but also closely related to various activities in the Parallel ecosystem (such as purchasing NFTs, participating in special activities, etc.). All content interacting with $PRIME is referred to as PRIME Sinks.
Many Sinks within Parallel are related to the gameplay and skins of the game. For example, Terminals and Artigraph are mainly for visual effects and decoration in the game. However, there are other Sinks, such as Payload and Echoes, which are designed to help the game expand and grow, involving more complex functions and interactions.
These Sinks not only provide content for players to consume, but they also have a key function: when players spend $PRIME on these Sinks, these tokens are reallocated to the Sink Schedule and then rewarded back to the game players. This reallocation system can be seen as an economic cycle that helps maintain the game's activity and value. $PRIME currently has liquidity on Coinbase and Uniswap. Although it has not spread to more trading markets, $PRIME has still achieved a significant increase, with a cumulative increase of 75% last week. ### Gameplay and Competitiveness In TCG games, deck building is the key to determining the outcome of a battle. Just as "The Art of War" says, "Victorious warriors win first and then go to war, while defeated warriors go to war first and then seek to win." Parallel is the same; players need to enhance their strength by collecting cards and strategically building their decks to lay the foundation for victory: - Assembling and completing a set of decks, considering the functional combinations of different cards. - Engaging in 1v1 matches with others, using strategy and rules to win. - Cards can be traded on the market to choose the most suitable deck. Another factor that can affect the outcome of the game is the player's familiarity with the existing card pool. Each victory in a match brings rewards in $PRIME: 1. Keyframing coefficient affects the income calculation of $PRIME. 2. The number of NFTs in the deck. More NFT cards = more $PRIME. 3. Consecutive victories. More consecutive victories = more $PRIME. 4. The daily emission of $PRIME has a limit, currently set at 5 victories. Additionally, in our video column "Paradigm + Base, the card game Parallel starts public testing" two months ago, we detailed the gameplay and specific details of the game. ### Commonalities and Sustainability with Web2 Some may ask, "If I don't have $PRIME or card NFTs, can I still participate in the game?" Of course! Learning from older Web3 games like Axie, Parallel strives to minimize the sense of alienation that Web3 brings to Web2 players. Parallel supports the purchase of card packs and card draws (non-NFT) using credit cards and other payment methods, and the consumption of skins and various items that do not affect game balance, just like traditional games such as Hearthstone. In addition to $PRIME, there is another in-game token called Glints. It functions like non-rechargeable currency in other games, used only for purchasing non-NFT game items. Players can use $PRIME or credit cards to purchase Glints. Through Glints, more people will become familiar with $PRIME. Glints is actually the gateway to help more people enter the $PRIME ecosystem. Apart from the significant effort put into game development, the team has also extensively collaborated with traditional gaming platforms. Despite Steam's prohibition of NFT and blockchain games, Parallel TCG has still been listed on the Steam store, demonstrating the team's business strength. On November 14th, Parallel TCG also announced plans to join the Epic Store and release a public test version on it.Conclusion TCG games are able to demonstrate a unique level of strategy, which is why this game mode has been able to thrive for so long. With its rich background story, complex and interesting token system, and clever integration with traditional gaming platforms, Parallel TCG has shown strong competitiveness. In the future, Parallel TCG can further advance towards traditional CCG games by releasing physical cards and expanding the brand's influence. $PRIME, as the core token, not only drives the game economy's cycle, but also provides players with more possibilities for participation through the rich Sinks. The game's openness and design friendly to Web2 players prepare Parallel TCG for the future billion players.免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
