On December 6th, Chaingame CommunityParagonsDAOAnnounced $25 million in financing from Paradigm, Framework Ventures, Folius Ventures, Mume Ventures, Yunt Capital, HoneyDAO, County Capital, PebbleDAO, Nima Capital, Shima Group, Perceptive Capital, Coins Group, AGE Crypto, Fourth Revolution Capital, D64 Ventures, CMS Holdings, DCV Capital, Defi Dad, Santiago R Santos, Ben Lakoff, Jordan Momtazi, HedgedHog, Eden Au, Shual, Kain Warwick, DeFi God, Redphone Crypto and many other institutions participated in the investment.
Unlike other chain game communities that will carry out activities around multiple popular games, ParagonsDAO's activities will only be carried out around Parallel (Note: It is not the same project as Parallel Finance, the Polkadot ecological DeFi parachain).
Parallel is a collectible card game (TCG) based on science fiction. One of its founding members is YouTube co-founder Chad Hurley. Although the game has not yet been launched, Parallel has already become the most popular blockchain game on the market. one.It is worth mentioning that,
It is worth mentioning that,In October of this year, Parallel received a $50 million investment from Paradigm at a valuation of $500 million. Therefore, including this investment in ParagonsDAO, this top venture capital institution has increased its position in the Parallel game ecosystem for the second time.
Speaking of ParagonsDAO, this is a community composed of different roles such as investors, players, and collectors, linked together through the medium of PDT tokens. ParagonsDAO will promote the growth of Parallel's ecological value by hosting events, sponsoring players, creating content, and promoting cooperation. At the same time, ParagonsDAO will also actively participate in Parallel's own governance decisions and make suggestions for the development of the game .
For ordinary players, ParagonsDAO can provide them with an opportunity to "dance with the giant whale". Due to the high popularity of Parallel, some rare cards in the game are quite expensive at present, and the starting cost is too high for ordinary players, but if players hold PDT, they will have the opportunity to jointly control some ultra-rare cards owned by ParagonsDAO Cards, such as Masterpieces cards that can participate in NFT transaction dividends, and Prime Keys cards that can participate in game governance.
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