The Parallel raises 4.3 million and shows promise for the boundless growth of a GameFi metaverse
Merely a whisper 30 days ago, The Parallel now stands to become an unstoppable force in GameFi Metaverse evolution. With the completion of their modest fund raising rounds, The Parallel clocked in at 4.3 Million to close out this important milestone and now sets their sights on a much anticipated IDO and phase 1 release.
VCs Join the Parallel on a Long and Prosperous Journey.
The Strategic round for The Parallel is being Co-led by Kyber Network and Signum Capital. This co-lead brings with it enormous synergy between two huge names in the Crypto and GameFi space. Furthermore, they have completely committed to providing maximum value-add contributions through all stages of the projects journey. With this major milestone concluded, The Parallel is extremely confident in its mission to pursue the creation of the ultimate ecosystem that will naturally evolve into an infinite Metaverse.
Great Minds Think Alike
Advisors are a vital component to The Parallel’s long-term success. As such, the team has expanded its advisory panel with the priceless addition of Harry Holmes and Santiago R. Santos.
Harry Holmes is an NFT gaming entrepreneur with experience spanning back to the first Sony playstation and currently the CEO Magicave. Santiago R. Santos, an earlier addition to the team, is a prominent name in the crypto-blockchain world who has supported countless successful and innovative projects. He specializes in crypto-financial theory and gaming theory.
With the support of its current and growing list of phenomenal advisors, The Parallel’s foundation strengthens and success gravitates toward certainty.
Ready to take the Metaverse by Storm
CEO Louis Nguyen had this to say – “The hardest part of the private round was saying no to lucrative financial offers. But Money was never a concern during fund raising, our focus was to have valuable long-term partners who believe in the unlimited potential of this project’s evolution”. An infinite metaverse can be understood as a virtual world that is always growing and evolving for the better.
The Parallel is an ambitious and dynamic project. The path to achieving such an ecosystem is complex, but when asked, Louis Nguyen summarizes – “An evolving and prosperous Metaverse has to fulfill three core needs of its ecosystem’s members: community, entertainment and opportunity”.
Next up for The Parallel will be their IDO events. They will take place toward the end of December but before the holidays. The creative and marketing teams want to set a new standard in GameFi marketing quality, promising to make the IDO events full of technologically rich promo content utilizing AR, VR, and 3D technology. The Parallel aims to lead the metaverse by example and wants its audience to feel complete immersion in the Metaverse experience. Be sure to follow and tune into all The Parallel’s content via their numerous social media platforms:
– Website: https://theparallel.io
– Telegram Group: https://t.me/theparallelcommunity
– Tele Channel: https://t.me/theparallelofficial
– Twitter: https://twitter.com/theparallel_io