How to Earn in The Parallel
The Parallel is a metaverse that not only provides players with diverse gameplay experiences, but also many other ways to earn money. Let’s look at some simple ways to earn money in The Parallel!
- DeFi
Decentralized Finance (DeFi) is finance in blockchain-based form but does not require middlemen such as brokerages, exchanges, or banks from central financial intermediaries with traditional financial instruments, instead leveraging smart contracts on blockchains, typically from Ethereum. In The Parallel, DeFi takes the forms of staking, farming, and trading.
Players can deposit liquidity provider tokens (LP tokens) so they can earn PRL in a Farm pool.
With staking, players can stake their PRL tokens to get PS tokens and Runes/Materials so they can get further ahead in the game. They can also stake their NFTs to earn PRL tokens — and then maybe stake those tokens!
Trading can happen in two places: on Exchanges to earn a profit, or in the Marketplace you can trade NFTs.
2. Create to earn
With The Parallel, creativity is a core value with tools to support and protect creativity. Users can design Para-Art using Paragon Crafting (foundation game), then copyright it and profit easily: Para-Art can be sold or leased for tokens.
Users may also create paragons (NFT) from Rune using a Para-Art design (this process will have a small fixed gas/processing fee). Then, either sell their Paragon for BNB or stake Paragon (NFTs) for PS Tokens.
3. Play to earn
The Parallel world is vast and filled with activities that enable players to seek rewards. Players can partake in casual games to earn Runes and tokens. The Parallel will feature many intriguing activities for players to discover and enjoy, and new experiences will be developed endlessly. so stay tuned for more amazing casual games from us and the community!
4. Develop to earn
The Parallel will collaborate with gaming developers and entertainment firms in the future to collaboratively create and share revenue. Game studios can develop their games in The Parallel to create their own business ecosystem. That system will be connected to the economic system of The Parallel. Entertaining Companies, on the other hand, may hold entertainment activities and events in The Parallel, and attract users to pay an entry fee for those events or to promote the ecosystems of other businesses and have profit sharing opportunities.
The Parallel — An Infinite Metaverse
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🏆 Website: https://theparallel.io
🌐Telegram Group: https://t.me/theparallelcommunity
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