How to earn in The Parallel Universe?

The Parallel is a metaverse that not only offers users a variety of gameplay experiences but also a variety of different ways to earn money. Let’s take a look at some easy ways to make money in The Parallel!

The Parallel is a virtual world universe with a real-life simulation game system in which users can fully produce materials and engage in monetization, entertainment, and networking activities. Players are the designers of their own world, and they can work with others to develop an endless universe of The Parallel.

With the new concept “Enjoy To Earn” ecosystem they build a universe that is purposefully designed to provide each and every participant complete autonomy. They want to let players generate money from what they enjoy doing. They could be anything that they want to be or dream to be as long as they feel happy about it while they’re making real money in the form of The Parallel Token ($PRL) or valuable NFTs.

Techinical Data

Key Metrics

There are 2 tokens that can be used in The Parallel: $PRL and $PS.

• Parallel Token is the main token of The Parallel. PRL Token plays a crucial part in the sustainable play-to-earn economy of The Parallel game.
• PS is a token that is used in game activities and has no limit on the number of tokens that can be used.

Main Token – $PRL

• Token Name: Parallel
• Ticker: PRL
• Blockchain: Binance Smart Chain
• Token Standard: BEP-20
• Contract: TBA
• Token Type: Utility
• Total Supply: 1,000,000,000 PRL

In-game Token – $PS

• Token Name: PowerStone
• Ticker: PS
• Blockchain: Binance Smart Chain
• Total Supply: Unlimited

Token Use Case

Main Token – $PRL

• For staking
• For farming
• For payment fee, payment unit on Marketplace
• For rewards for participating in special events
• For minting NFTs Paragon, Land, Item
• For providing liquidity on exchanges

In-game Token – $PS

The primary utilities of the token are:

• For rewards for in-game activities
• For crafting/decrafting NFT
• For minting NFTs Paragon, Land, Item

How to earn in The Parallel?

Because of the new concept, the Team wants to attract and build the world’s largest gaming community of crypto-enthusiasts and NON-crypto-enthusiasts. That’s the reason why they trying to give the users many opportunities to earn in-game.

DeFi

Decentralized Finance (DeFi) is blockchain-based finance that eliminates the need for middlemen such as brokerages, exchanges, or banks from central financial intermediaries with traditional financial instruments, instead of utilizing smart contracts on blockchains, generally Ethereum. DeFi takes the forms of staking, farming, and trade in The Parallel.

Liquidity provider tokens (LP tokens) can be deposited by players in order to earn PRL in a Farm pool.

Staking allows players to use their PRL tokens to obtain PS tokens and Runes/Materials, allowing them to advance in the game. They can also stake their NFTs to earn PRL tokens, which they can then stake!

Trading can take place in two places: on exchanges for a profit, or in the Marketplace for trading NFTs.

Create to earn

Creativity is a major value at The Parallel, and there are tools to encourage and safeguard it. Users can use Paragon Crafting (foundation game) to create Para-Art, then copyright it and profit easily: Para-Art can be purchased or rented in exchange for tokens.

Users can also use a Para-Art design to generate paragons (NFT) from Rune (this procedure will have a small fixed gas/processing fee). After that, they can either sell their Paragon for BNB or stake their Paragon (NFTs) for PS Tokens.

https://www.youtube.com/watch?v=0rCaXkwc7kI

Play to earn

The Parallel universe is big and full of activities that allow players to earn rewards. Casual games can be played to win Runes and Tokens. The Parallel will include a variety of exciting activities for players to discover and enjoy, and new experiences will be created on an ongoing basis.

So keep an eye out for more awesome casual games from us and the community!

Develop to earn

In the future, The Parallel will work with gaming developers and entertainment companies to create and share revenue. Game studios can construct their own business ecosystem by developing their games in The Parallel, that system will be linked to The Parallel’s economic system.

Entertaining Companies, on the other hand, may hold entertainment activities and events in The Parallel, inviting users to pay an entry fee for those events or promoting the ecosystems of other businesses with profit-sharing prospects.

Find out more about The Parallel:

Website: https://theparallel.io/

Twitter: http://twitter.com/theparallel_io

Medium: http://medium.com/@theparallel

Discord: http://discord.gg/ex6SckmWqp

Facebook: http://facebook.com/theparallel.io/

Telegram:

• Community: http://t.me/theparallelcommunity
• Official: http://t.me/theparallelofficial

Youtube: http://youtube.com/channel/UCKvlkWCeNDEgxa41k1wBZYA

If you have any questions, comments, suggestions, or ideas about the project, please email ventures@coincu.com.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

KAZ

Coincu Ventures