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.
Parallel revealed the dates for its closed alpha. Early access applications for Parallel are open to everyone. The Parallel team has said that email invites will start going out on February 22nd, with the planned alpha launch date on February 28th.
