๐ Param Labs: Revolutionizing the Gaming Ecosystem ๐
๐ Let's dive into key features and potential of #PARAM in this captivating thread! ๐งต๐
1๏ธโฃ 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.
2๏ธโฃ 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.
3๏ธโฃ Whitepaper Analysis: Param Labsโ 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.
4๏ธโฃ 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.
5๏ธโฃ 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.
6๏ธโฃ Partnerships: Param Labs has partnered with Pixelverse, a cyberpunk quest-based browser game and Telegram mini-app. This partnership aims to integrate Pixelverseโs IP into Param Labsโ upcoming shooter game, Kiraverse.
7๏ธโฃ 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.
8๏ธโฃ 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.
9๏ธโฃ Exchanges: PARAM tokens can be traded on several cryptocurrency exchanges, including Bybit, Bitget, HTX, MEXC and Gate.io.
๐ 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.
1๏ธโฃ1๏ธโฃ 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, itโs poised for growth and innovation in the future.
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