Sunday, August 24, 2025
No Result
View All Result
Coin Digest Daily
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
No Result
View All Result
Coin Digest Daily
No Result
View All Result

What’s New with Parallel Colony 🤖

20 March 2024
in Metaverse
Reading Time: 14 mins read
0 0
A A
0
Home Metaverse
Share on FacebookShare on Twitter


Metaversal is a Bankless publication for weekly level-ups on NFTs and the onchain frontier

Expensive Bankless Nation,

Parallel, a sci-fi buying and selling card battler, is certainly one of crypto’s main video games. 

And whereas it’s the flagship of the Echelon Prime gaming ecosystem, it’s being joined on this universe by a highly-anticipated second title: Parallel Colony.

An AI-driven survival simulation recreation, Colony will focus on people collaborating with AI avatars that may study and adapt and autonomously transact over time to stack sources and battle different gamers for dominance. 

The builders, Parallel Studios, simply dropped the official whitepapers for Colony and Wayfinder, with the latter being a brand new sort of AI protocol that may assist underpin Colony’s gameplay. 

There’s quite a bit to unpack from these papers, so let’s get you in control on every little thing it is advisable know right here for at present’s put up!

-WMP

👉  Go to mantle.xyz to study extra ✨

The 101: With a public alpha slated for as early as This autumn 2024, Parallel Colony is centered round Colony Avatars, which will likely be deployed on Solana. Powered by massive language mannequin (LLM) tech, these AI avatars will likely be semi-autonomous AI brokers appearing per gamers’ generalized directions relatively than direct management. 

Why this issues: Colony’s AI setup will enable the avatars to retain recollections, study from experiences, and affect one another via conversations. Typically, the avatars will even defy their human participant’s ideas based mostly on their distinctive personalities and experiences accrued over time. As such, Colony is the primary title to go all-in on the crossroads of generative AI and blockchain gaming. 

Cash machines: With each tied to a devoted Solana pockets, Colony Avatars will conduct their very own transactions round shopping for and crafting sources, a dynamic that may actualize an actual economic system within the recreation. Commerce and fight will result in shifting tides and shifting sources, and colonies that amass essentially the most wealth at any given time will grow to be greater targets for each commerce and warfare.

An avatars growth: Whereas there will likely be a free-to-play mode, the principle gameplay will see gamers create Colony Avatars by paying in PRIME, Parallel’s native forex. Beginning out, the creation course of would require holding a Parallel Avatar NFT on Ethereum, however a Parallel Common Avatar sequence that includes a breeding mechanism might ultimately be launched on Solana. This replace would make the sport extra accessible and broaden the avatar rely nicely past the prevailing 11,000 distinctive NFTs.

What to anticipate: The core Colony gameplay includes enterprise duties to reinforce an avatar’s abilities and the general wealth of their colony. As colonies flourish, they will mount defenses in opposition to incoming raids or launch their very own assaults in opposition to neighboring colonies. A typical recreation session begins with gamers consulting their avatars and deciding which objectives to pursue, from accumulating beneficial objects to operating for political workplace, after which their avatars will begin pursuing these aims. Like in the principle Parallel recreation, Colony gamers will even be capable of earn PRIME rewards for in-game achievements.

Bankless Residents who accomplished the Jito quest in our Airdrop Hunter software simply earned $15k or extra 🏹

Do not miss the subsequent one 👇

Begin searching!

An onchain map for AI: Constructed on Solana to underpin Parallel Colony’s AI gameplay, Wayfinder is a brand new protocol designed to carry the ability of AI brokers onchain. Briefly, the system permits AI brokers, known as “Shells,” to navigate via blockchain environments, carry out transactions, and work together with decentralized apps. 

At its core, then, Wayfinder is sort of a map and toolkit for AI brokers to make use of after they’re shifting round blockchains. Identical to you would possibly use a map app in your cellphone to search out the perfect path to a brand new restaurant, Wayfinder gives AI brokers with “wayfinding paths.” These paths are a set of directions that assist the brokers discover their approach to particular objectives onchain, like making a commerce on a decentralized change or minting an NFT. 

An omni-chain software: Whereas Solana would be the dwelling base for Wayfinder, its structure and the event of “wayfinding paths” enable it to seamlessly work throughout a variety of blockchains. The protocol will initially help the preferred chains, like Ethereum, Solana, and Base, however further networks are anticipated to be added through governance over time. 

A brand new AI token: The Wayfinder whitepaper proposes PROMPT because the utility and governance token inside the Wayfinder ecosystem. Its roles are multifaceted, together with governance facilitation, paying for the creation of AI brokers, and paying for gasoline charges for transactions across the Wayfinder ecosystem. It should even be doable to stake PROMPT to suggest new wayfinding paths, with stakers incomes a share of the transaction charges generated when their paths are used. 

The PROMPT distribution: PROMPT is ready to have a 1 billion most provide. The distribution technique, as soon as formally authorized, will see tokens allotted to numerous stakeholders, together with the Wayfinder Basis, builders, and customers. Notably, 40% of all PROMPT tokens will likely be distributed as awards over a 3-year interval to individuals who “cache,” or stake, their PRIME inside Wayfinder. Accordingly, not solely will Parallel Colony be a strong new deflationary sink for the PRIME token, however PROMPT rewards will even undoubtedly drive up demand for PRIME for the foreseeable future. 

The massive image: Wayfinder has been created to underpin Parallel Colony, however its infra will likely be open and can be utilized towards a wide range of completely different use instances in each gaming and non-gaming contexts. For instance, onchain video games might use Wayfinder to spin up their very own autonomous AI brokers or to handle the invention and distribution of scarce in-game sources. The protocol could possibly be used for creating sensible buying and selling or NFT minting bots and even AI customer support brokers. The chances forward listed below are restricted primarily by our imaginations, and any mission desirous about onchain AI capabilities ought to take observe accordingly. 

Personally talking, it’s laborious to elucidate simply how bullish I’m on the Parallel ecosystem, and Parallel Colony is a big keystone in that equation. I’m an avid gamer myself throughout each style actually, and Colony represents new terrain so far as the AI x gaming crossroads goes. Depend me in, I like the prospects of pioneering right here! 

And moreso than simply my naked pleasure, I believe Colony has a smart design that may really be fruitful each for its avid gamers and the broader Parallel ecosystem. If nothing else, this is without doubt one of the greatest ongoing gaming experiments, not simply in crypto however in all of gaming, and you have to be monitoring it accordingly. That’s the underside line. 

As a PRIME holder myself, and narratively talking, one of many issues I like about Colony is the way it now exposes the Parallel ecosystem to all of the dominant chains within the cryptoeconomy. The primary Parallel TCG covers Ethereum and Base, Colony covers Solana, and Wayfinder covers any chain you’ll be able to conceive of, from Cosmos appchains to Ethereum L2s and every little thing in between. 

Extra importantly, the Wayfinder Protocol isn’t just an engine for Colony, however the wider crypto AI scene. Quickly, tasks of all stripes will be capable of faucet into the Wayfinder system to carry AI into their onchain processes. I consider that is going to show a significant boon to PRIME and the broader Parallel ecosystem, to not point out AI x crypto tasks at massive!

William M. Peaster, Senior Author, has been with Bankless since January 2021. Immersed in Ethereum since 2017, he writes the Metaversal publication on the onchain frontier, masking every little thing from AI tasks to crypto video games, because the group’s lead NFT analyst. With a background in artistic writing, he writes fiction and publishes artwork on Ethereum in his free time. He lives in Washington.

Discover Mantle. It’s time for mass adoption of decentralized & token-governed applied sciences with Mantle Community, Mantle Treasury, Mantle Staked ETH, and different token holder-governed product initiatives.

👉 Go to mantle.xyz at present to study extra concerning the Mantle ecosystem.

Not monetary or tax recommendation. This article is strictly instructional and isn’t funding recommendation or a solicitation to purchase or promote any belongings or to make any monetary selections. This article will not be tax recommendation. Speak to your accountant. Do your individual analysis.

Disclosure. From time-to-time I’ll add hyperlinks on this publication to merchandise I exploit. I’ll obtain fee when you make a purchase order via certainly one of these hyperlinks. Moreover, the Bankless writers maintain crypto belongings. See our funding disclosures right here.



Source link

Tags: ColonyParallelWhats
Previous Post

Bitdeer Stock Poised for Significant Growth, Analysts Say – CryptoCurrencyNews

Next Post

Shiba Inu Sees Surge In Worldwide Interest, Here Are The Leading Countries | Bitcoinist.com

Related Posts

A Revolutionary Method in Eye Treatments
Metaverse

A Revolutionary Method in Eye Treatments

23 August 2025
Understanding Crypto Market Making: A Beginner’s Guide
Metaverse

Understanding Crypto Market Making: A Beginner’s Guide

23 August 2025
I’m From 2080 – A Glimpse into the Future of Humanity
Metaverse

I’m From 2080 – A Glimpse into the Future of Humanity

21 August 2025
Blockchain Life Forum Dubai: What To Expect From The Premier Crypto Event Of 2025
Metaverse

Blockchain Life Forum Dubai: What To Expect From The Premier Crypto Event Of 2025

21 August 2025
SpaceX Makes Design Changes to Prevent Explosion of Mars-Bound Starship – Metaverse Planet
Metaverse

SpaceX Makes Design Changes to Prevent Explosion of Mars-Bound Starship – Metaverse Planet

19 August 2025
More Than Hype? Meta’s Hypernova Specs Could Replace Your Phone – XR Today
Metaverse

More Than Hype? Meta’s Hypernova Specs Could Replace Your Phone – XR Today

20 August 2025
Next Post
Shiba Inu Sees Surge In Worldwide Interest, Here Are The Leading Countries | Bitcoinist.com

Shiba Inu Sees Surge In Worldwide Interest, Here Are The Leading Countries | Bitcoinist.com

Saga Network Launches Game Publishing Arm Amid Airdrop Campaign – Decrypt

Saga Network Launches Game Publishing Arm Amid Airdrop Campaign - Decrypt

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
FTT jumps 7% as Backpack launches platform to help FTX victims liquidate claims – CoinJournal

FTT jumps 7% as Backpack launches platform to help FTX victims liquidate claims – CoinJournal

19 July 2025
PENDLE token goes live on BeraChain and HyperEVM to expand cross-chain utility – CoinJournal

PENDLE token goes live on BeraChain and HyperEVM to expand cross-chain utility – CoinJournal

30 July 2025
A Russian Hacking Group Is Using Fake Versions of MetaMask to Steal $1M in Crypto – Decrypt

A Russian Hacking Group Is Using Fake Versions of MetaMask to Steal $1M in Crypto – Decrypt

10 August 2025
Ethereum Reclaims $4,600 With Unprecedented $1 Billion In Spot ETF Inflow

Ethereum Reclaims $4,600 With Unprecedented $1 Billion In Spot ETF Inflow

13 August 2025
XRP Price Blasts Higher by 10%, Bulls Eye Even Bigger Gains

XRP Price Blasts Higher by 10%, Bulls Eye Even Bigger Gains

8 August 2025
PEPE Gears Up For 120% Move As Indicators Point To An End Of Decline | Bitcoinist.com

PEPE Gears Up For 120% Move As Indicators Point To An End Of Decline | Bitcoinist.com

8 August 2025
AUSTRAC Orders Binance Australia to Appoint Auditor Over AML Failings – Regulation Bitcoin News

AUSTRAC Orders Binance Australia to Appoint Auditor Over AML Failings – Regulation Bitcoin News

24 August 2025
What Is a Crypto Sniper? Inside the High-Speed Traders Dominating Meme Coin Launches – Learning – Insights Bitcoin News

What Is a Crypto Sniper? Inside the High-Speed Traders Dominating Meme Coin Launches – Learning – Insights Bitcoin News

24 August 2025
Analyst Says Dogecoin Price Is Entering Expansion Phase – Here’s What It Means

Analyst Says Dogecoin Price Is Entering Expansion Phase – Here’s What It Means

24 August 2025
Ethereum’s Tech Edge Could Outshine Bitcoin — Here’s How | Bitcoinist.com

Ethereum’s Tech Edge Could Outshine Bitcoin — Here’s How | Bitcoinist.com

23 August 2025
IRS Loses Top Crypto Enforcer After Only 90 Days on the Job

IRS Loses Top Crypto Enforcer After Only 90 Days on the Job

23 August 2025
Stop treating tokens like payday buttons — they’re infrastructure

Stop treating tokens like payday buttons — they’re infrastructure

23 August 2025
Facebook Twitter Instagram Youtube RSS
Coin Digest Daily

Stay ahead in the world of cryptocurrencies with Coin Digest Daily. Your daily dose of insightful news, market trends, and expert analyses. Empowering you to make informed decisions in the ever-evolving blockchain space.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Web3

SITEMAP

  • About us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$114,952.00-0.75%
  • ethereumEthereum(ETH)$4,767.230.92%
  • rippleXRP(XRP)$3.04-0.62%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$873.08-1.84%
  • solanaSolana(SOL)$207.470.88%
  • usd-coinUSDC(USDC)$1.000.00%
  • staked-etherLido Staked Ether(STETH)$4,756.220.95%
  • dogecoinDogecoin(DOGE)$0.232940-1.89%
  • tronTRON(TRX)$0.3656971.38%