The Parallel IDO Launch on KrystalGO: Announcement & Participation Details

Registration for $PRL IDO will begin on December 24. Visit KrystalGO to complete KYC and stake $KNC to accumulate points. You can check your points & tier on the Dashboard.

The Parallel’s purpose is to kickstart the evolution of an Infinite Metaverse. The goal is to bring the world together to craft a completely unique GameFi experience, where communities can enjoy an endless array of entertainment, gaming and earning pathways. Parallel Token (PRL) is the main token of The Parallel. PRL Token plays a crucial part in the sustainable play-to-earn economy of The Parallel game.

KrystalGO is pleased to be one of the launchpads to host the upcoming $PRL token launch.

Table of Contents

1. The Parallel Pool on KrystalGO
2. Registration
3. Pre-Order Your Allocation
4. Token Sale
5. Pool Initiation
6. Vesting Schedule
7. How to join The Parallel Public Pool on KrystalGO?
   ∘ Step 1: Connect Wallet on KrystalGO
   ∘ Step 2: Go to Dashboard, Complete KYC
   ∘ Step 3: Accumulate Points
   ∘ Step 4: Check your Tier
   ∘ IMPORTANT NOTES
   ∘ Step 5: Select The Parallel Public Pool, and complete Registration
   ∘ Step 6: Check Allocation Results
8. How to join The Parallel Partner Pool on KrystalGO?
   ∘ Step 1: Participate in The Parallel <> KrystalGO Social Quest
   ∘ Step 2: Wait for Results
   ∘ Step 3: Connect Wallet on KrystalGO
   ∘ Step 4: Go to Dashboard, Complete KYC
   ∘ Step 5: Pre-Order your Allocation

The Parallel Pool on KrystalGO

• Token Ticker: $PRL
• Token Type: BEP-20
• Network: Binance Smart Chain
• Total Raise: 100,000 BUSD
• Total Available Tokens: 2,500,000 PRL
• Deposit Token: BUSD on Binance Smart Chain
• Price per token: 0.04 BUSD

The Parallel Public Pool: 99,500 BUSD

For all KrystalGO users

The Parallel Partner Pool: 500 BUSD

ONLY for The Parallel <> KrystalGO Social Quest Winners. Click here to participate in the giveaway.

Read more about this in the The Parallel Partner Pool section of this article.

Registration

• Starts: December 24, 2021, 08:00 UTC (16:00 GMT+8)
• Ends: December 27, 2021, 08:00 UTC (16:00 GMT+8)
• Allocation Announced: December 27, 2021, 10:00 UTC (18:00 GMT+8)

DO NOT withdraw your KNC before the allocation is announced, even if the Registration Phase has ended! Cut-off time to snapshot your total points to decide your tier for the $PRL IDO Pool will happen anytime between 08:00–10:00 UTC, Dec 27.

Pre-Order Your Allocation

Allocation will be announced on December 27, 2021, 10:00 UTC (18:00 GMT+8). This will be shown on the pool page.

Pre-Order Starts: December 27, 2021, 10:00 UTC (18:00 GMT+8)

Pre-Order Ends: December 28, 2021, 07:59 UTC (15:59 GMT+8)

• If your wallet is allocated, you can immediately deposit to pre-order your allocation. Your order will be filled automatically at the start of the token sale.
• You have to pre-order your allocation before the start of the token sale. You will lose your guaranteed allocation if you do not purchase it by the start of the Token Sale. Any unpurchased allocation will be made available to the public to purchase.
• If your wallet has Raffle — Missed, you have to wait for the start of the Token Sale.
• If your wallet is Not Registered, you have to wait for Last Call of the Token Sale.

Token Sale

All pre-orders will be filled automatically at the start of the token sale. Any remaining allocation will be available to purchase. Token Sale runs on a First come First serve (FCFS) basis.

PUBLIC — December 28, 2021, 08:00–09:00 UTC (16:00–17:00 GMT+8)

• All users who registered for the pool can purchase
• Token amount will be predetermined
• First come first serve, until sold out

Last Call — December 28, 2021, 09:00–09:30 UTC (17:00–17:30 GMT+8)

• All KYC-ed KrystalGO users can purchase
• No max cap of token amount
• First come first serve, until sold out

Pool Initiation

More details will be released during the Super Listing Event on December 28, 2021, 13:00 UTC.

Vesting Schedule

• 25% unlocked at TGE
• 75% linear vesting, over the next 3 months

For more details, you can refer to their tokenomics.

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How to join The Parallel Public Pool on KrystalGO?

To be eligible, please complete the following steps.

Step 1: Connect Wallet on KrystalGO

Step 2: Go to Dashboard, Complete KYC

If you need help, you can find the complete instructions here.

Step 3: Accumulate Points

You can check your points and tier on the KrystalGO Dashboard. (Do note you can only check this on the KrystalGO page, not the Krystal page)

There are 2 ways you can accumulate points.

• Stake KNC on KrystalGO (1 KNC = 1 point)

No minimum requirement for Topaz ; minimum requirement required for Obsidian, Emerald or Sapphire.

1. Go to Dashboard
2. Select your preferred chain. We support staking on Ethereum, BSC and Polygon. All chains are eligible.
3. Approve KNC token to stake. You only need to do this transaction once.
4. After the transaction is confirmed, click on Stake to stake your KNC.
5. Once staked, you can only unstake after 7 days.
6. If you want to buy more KNC to stake, click on the ‘Buy KNC’ button, and it will bring you to the Krystal website, where you can swap any tokens for KNC.

• Trade on Krystal (10 USD = 1 point)

This is not a requirement. If you have already achieved your desired tier by staking KNC, you don’t need to fulfill any trading requirements.

Your trade volume will be calculated 30 days back from the end of a project’s registration stage — IE. December 27, 2021, 10:00 UTC (18:00 GMT+8).

Step 4: Check your Tier

🟠 Topaz (300 points)

No guaranteed allocation. All participants in this tier will have to enter a raffle, and allocation will be randomly assigned.

• Minimum amount of KNC staked = 0
• You can achieve the point requirement by either staking KNC, swapping tokens on Krystal, or a combination of both actions
• During registration, you will be required to complete social tasks.

🟣 Obsidian (3,000 points)

No guaranteed allocation. All participants in this tier will have to enter a raffle, and allocation will be randomly assigned.

• Minimum amount of KNC staked = 1,200 KNC
• To make up the rest of the points, either stake more KNC or accumulate points by trading on Krystal
• During registration, you will be required to complete social tasks.

🟢 Emerald (10,000 points)

Guaranteed allocation

• Minimum amount of KNC staked = 4,000 KNC
• To make up the rest of the points, either stake more KNC or accumulate points by trading on Krystal

🔵 Sapphire (35,000 points)

Guaranteed allocation

• Minimum amount of KNC staked = 14,000 KNC
• To make up the rest of the points, either stake more KNC or accumulate points by trading on Krystal

IMPORTANT NOTES

• Your exact allocation will only be revealed on December 27, 2021, 10:00 UTC (18:00 GMT+8).
• Please make sure to maintain your tier until your allocation is revealed.
• The higher the tier, the greater the token allocation.

Step 5: Select The Parallel Public Pool, and complete Registration

1. Go to Pools
2. Select The Parallel Public Pool
3. Click on Register Now
4. KrystalGO will ask you to sign your wallet. Click Sign on your wallet to complete the registration process
5. Your status still be updated to: Registered.
6. Do note that you have to maintain your tier level throughout the registration period until the results are announced.
7. Participants in ALL TIERS have to wait until the end of Registration for the Results Announcement to find out their token allocation.

Step 6: Check Allocation Results

• This will be announced on December 27, 2021, 10:00 UTC (18:00 GMT+8).
• If you are in tiers Topaz or Obsidian, a raffle will be conducted at the end of the Registration period. You will know if your wallet has been selected during the announcement.
• If you are in tiers Emerald or Sapphire, you will find out your token allocation during the announcement.

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How to join The Parallel Partner Pool on KrystalGO?

Step 1: Participate in The Parallel <> KrystalGO Social Quest

Click here to participate in the giveaway.

Step 2: Wait for Results

Contest ends on December 25, 23:59 (GMT+7). Thereafter, the KrystalGO team will release an announcement revealing the winners.

Step 3: Connect Wallet on KrystalGO

The wallet you are connecting on KrystalGO, must be the same wallet you have provided in the contest. Any discrepancy will void your slot.

Step 4: Go to Dashboard, Complete KYC

You have to complete KYC before Registration ends on December 27, 2021, 08:00 UTC (16:00 GMT+8).

If you need help, you can find the complete instructions here.

Step 5: Pre-Order your Allocation

Pre-Order Starts: December 27, 2021, 10:00 UTC (18:00 GMT+8)

Pre-Order Ends: December 28, 2021, 07:59 UTC (15:59 GMT+8)

• Deposit to pre-order your allocation. Your order will be filled automatically at the start of the token sale.
• You have to pre-order your allocation before the start of the token sale. You will lose your guaranteed allocation if you do not purchase it by the start of the Token Sale. Any un-purchased allocation will be made available to other participants in the pool, to purchase.
• If there are remaining token allocations, you will be able to purchase at the start of the Token Sale. Token amount will be predetermined — first come first serve until sold out.

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For more information

⭐️ Step-by-step IDO/INO Participation Guide here

⭐️ Tier explanation here

⭐️ Help Center here

About The Parallel

The Parallel is An Infinite Metaverse where players have limitless ability to create everything and anything. A magical place where players can come together to experience the unexpected, connect, and earn. Players create a completely unique evolving metaverse with dynamic and interwoven economic system.

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About KrystalGO

KrystalGO is a platform that allows community members to participate in public rounds of funding by token projects.

KrystalGO has participation tiers designed to cater to users of different portfolios. To qualify, users are allotted points in 2 categories — amount of staked Kyber Network Crystal (KNC) tokens at KrystalGO, and overall token swap trading volume on the Krystal platform.

At launch, KrystalGO supports projects built on Ethereum, Binance Smart Chain (BSC), Polygon and Avalanche. It will soon expand to include other networks to cater to more projects and users.

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