The Parallel IDO on LaunchVerse: Announcement & Participation Details

Published in

RADA Network

3 min readDec 18, 2021

The Whitelist & Prefunding Process for $PRL IDO will begin on 19 December 2021 . Visit rada.network/en/launchverse/parallel and complete the KYC to enter the whitelist, and prefund your investment.

The Parallel is an Infinite Metaverse where players have limitless ability to create everything and anything. A magical place that will grow infinitely as users can come together to build their dreams. There’s truly no limit to creativity — but make sure you get in there first in case someone else has been visited by the same muse, it would be a shame for your idea to be claimed first by someone else! Plus, own your unique NFTs and protect them with the groundbreaking Hydra system. It’s one of the most promising and highest potential Metaverse projects to come out of the booming Vietnam industry and pioneers the enjoy2earn model, an emerging area of #play2earn.

LaunchVerse is pleased to be one of the Launchpads to host the upcoming $PRL token launch.

1. The Parallel Pools on LaunchVerse

Community Pool:

Token Symbol: $PRL
Token Type: BEP-20
Network: Binance Smart Chain
Prefunding Token: BUSD on Binance Smart Chain
Total Raise: 80,000 BUSD
Total Available Tokens: 2.000.000 $PRL
Price per token: 0.04 BUSD
Vesting time: TGE 25%, vesting linear for 3 months
Minimum allocation/each: 100 BUSD
Maximum allocation/each: 300 BUSD

2. Whitelist & Prefunding Registration

The Whitelist process will open following the below timeline. It is advised that you follow RADA’s social media channels to stay updated on any changes.

Start: 10:00 AM UTC, 19 December 2021
End: 10:00 AM UTC, 26 December 2021
Winner Announcement: 10:00 AM UTC, 28 December 2021
TGE: TBA
Claiming time: TBA

3. How to participate in The Parallel IDO on LaunchVerse?

* Read “How to participate in IDO on LaunchVerse?” for detailed guidelines.

* Click here to join our Discord channel for 24/7 support on #the-parallel-ido.

4. About The Parallel

The Parallel is the world’s first MetaVerse Creator. The Parallel stands out enabling creators of any kind in making their own MetaVerse Experience (MetaXperience) through partnerships with gaming companies and the entertainment industry The Parallel will not only be a #gamefi and #metaverse project but also enable many different gaming titles in #gamefi to all be connected through The Parallel. Players can even design their own NFT in the unique Foundation Game and get it copyrighted (HydraSystem) and earn licensing fees when players in any parallel MetaVerse decide to use that design in their MetaXperience.

Enabling the world into the MetaVerse

Design and copyright your own creations (Foundation Game + HydraSystem)
Build and Unbuild any of your own creations (Foundation Game)
Cross-MetaVerse design application (Earn from any parallel MetaVerse)
Enjoy & Earn across infinite MetaVerses (Enjoy2Earn + Portal System)
Social Play2Earn with your friends (Friends2Share)
Partner up with The Parallel and create your own MetaVerse (Gamestudios)
Participate in MetaEvents across all parallel MetaVerses (Event2Gether)
Full DAO token & governance structures (DAO)

For more details on The Parallel see https://theparallel.io/.

Why join the RADA ecosystem?

Why RADA?

RADA is a professional investor’s community — aspiring to be a fair community in terms of opportunity sharing and promoting only healthy blockchain investment for all investors in the community. RADA’s vision is to build a global community that connects Vietnam to the world and truly empowers a whole new generational industry of technology booming out of Vietnam and into the world with the backing from the RADA Community.

Want to earn RIR? Learn more about it here.