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Parallel Has Raised $50 Million From Crypto VC Firm Paradigm
Summary: Parallel, a NFT sci-fi card game based on the Ethereum blockchain, has had a more meteoric rise than most crypto projects, and investors have noticed. The platform has raised $50 million at a half-billion dollar valuation from crypto VC firm Paradigm. Previous investors include YouTube co-founder Chad Hurley, Focus Labs, OSS Capital and Yunt Capital, ...
Parallel, a NFT sci-fi card game based on the Ethereum blockchain, has had a more meteoric rise than most crypto projects, and investors have noticed. The platform has raised $50 million at a half-billion dollar valuation from crypto VC firm Paradigm. Previous investors include YouTube co-founder Chad Hurley, Focus Labs, OSS Capital and Yunt Capital, among others.
“The best crypto games will be the ones that can go beyond first-party content and inspire a community of players and developers to build on the game itself. We were impressed by Parallel‘s unique approach and fervent early community, and excited to support them for their next stage of growth,” Paradigm co-founder Matt Huang said.
By Amy Liu
Tags: Crypto,Paradigm,Parallel
Link: Parallel Has Raised $50 Million From Crypto VC Firm Paradigm [Copy]
