🚀 Param Labs: Revolutionizing the Gaming Ecosystem 🚀
🚀 Let's dive into key features and potential of #PARAM in this captivating thread! 🧵👇
1️⃣ Introduction and Overview: Param Labs is developing a modular gaming ecosystem powered by the PARAM token. It includes independent games like Kiraverse, developer tools like PixelToPoly, and a dedicated L2 blockchain for enhanced scalability.
2️⃣ Technology and Features: The PARAM token powers an ecosystem with independent games and a dedicated L2 blockchain for improved scalability. Using cutting-edge Web3 integration, Param Labs aims to tackle gaming industry challenges with AI and blockchain technologies.
3️⃣ Whitepaper Analysis: Param Labs’ whitepaper is a living document, evolving as new features, products, and cross-IP integrations are added. It provides a detailed overview of the PARAM token framework and its logic.
4️⃣ Use Case: The PARAM token is central to the Param Labs ecosystem, used for gaming, merchandise, content, governance, and more. It enhances the unique gaming experience for users within the ecosystem.
5️⃣ Team and Leadership: The Param Labs team is led by Founder and CEO Anthony Anderson and Strategic Advisor Joe Pokrzywa. They are supported by other strategic advisors and field experts.
6️⃣ Partnerships: Param Labs has partnered with Pixelverse, a cyberpunk quest-based browser game and Telegram mini-app. This partnership aims to integrate Pixelverse’s IP into Param Labs’ upcoming shooter game, Kiraverse.
7️⃣ Security and Audits: Param Labs collaborates with leading experts in token security to review and evaluate the PARAM token framework and its logic. A detailed report is available on their official website.
8️⃣ Tokenomics: The PARAM token has a capped total supply of 2 billion, with a current circulating supply of 259 million tokens. Full circulation is expected to be achieved in approximately 5 years.
9️⃣ Exchanges: PARAM tokens can be traded on several cryptocurrency exchanges, including Bybit, Bitget, HTX, MEXC and Gate.io.
🔟 Recent Developments: Param Labs recently completed a successful $7 million funding round led by Animoca Brands. The funds will be used to develop and expand the gaming platform, focusing on integrating the PARAM token into the ecosystem.
1️⃣1️⃣ Conclusion: Param Labs is a promising project in the gaming industry, leveraging blockchain technology to create a unique gaming experience. With strategic partnerships, a strong team, and recent successful funding, it’s poised for growth and innovation in the future.
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