You Won’t Believe How Much This NFT Sci-Fi Card Game Is Worth
Investment4 Minutes Read

You Won’t Believe How Much This NFT Sci-Fi Card Game Is Worth

October 28, 2021 Share

Parallel is getting big — really big. It is on the path to becoming one of the hottest games in NFTs (non-fungible token).

The sci-fi NFT card collection, based on the Ethereum blockchain, Parallel Alpha has been in the top 10 rankings on OpenSea for the past few days – and the cards only launched late in 2021.

This new form of digital art may play an essential role in the large-scale popularization of NFT.

The online company has had a more meteoric rise than most crypto projects, and investors have noticed. 

Previous investors include YouTube co-founder Chad Hurley, Focus Labs, OSS Capital and Yunt Capital, among others.

Parallel

The card game caught fire in August 2021 after its first pack dropped amid a massive surge in NFT speculation. Today they currently have over 20 000 dedicated followers to their name. 

According to Crypto Briefing, “the rarest pieces, unique royalty-generating items from a set called Masterpieces, have surged in value on the secondary market, with a high sale of 58 ETH, around $145,000, so far.”

However, some Parallel cards are being flipped for six figures by NFT collectors. 

Parallel

So how much is the firm worth?

“The backing from Paradigm”, Parallel told TechCrunch, “brings the project’s valuation to $500 million – since launching in March 2021.”

The founders, Merchant and Mr Gone, created the NFT card game in order to bring back that lost feeling of nostalgia.

For example when people used to collect Pokemon or Yugioh cards. Nowadays, some real Pokemon cards can be very valuable.

The feeling of excitement of not knowing what cards you had in your hand, is what the creators are bringing back to the digital world. Their NFT game is pushing boundaries by stepping away from simply just holding onto a pretty piece of digital art. 

It’s transforming into a community of people who now have to ability to control what they have in a form of a game.

Not only will they be up for sale but people, of all ages, can now really get involved in the decision-making process of trade. 

The card game’s massive success is only just the beginning. As more and more collectors are joining the Parallel NFT game, the group are tirelessly working to expand the futuristic universe. 

They have just launched an entire merchandise range too.

Visit their website for more information here.

SEE MORE: The Bored Ape Yacht Club | Meet The NFT Artwork That Is Going Bananas

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Author: Michelle Laver
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