Parallel is described as a sci-fi trading card game utilizing the power of non-fungible tokens (NFTs) to give players ownership of their cards and other game assets. The trading cards can be used to build a deck and play in an online client / mobile game. The project is based on a fantasy storyline about humanity’s escape from space following an apocalyptic attempt to resolve a global energy crisis.
Parallel raised $50 million at a half-billion dollar valuation from crypto VC firm Paradigm back in October 2021. Previous investors include YouTube co-founder Chad Hurley, Focus Labs, OSS Capital, and Yunt Capital, among others.
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