PRL meaning in Cryptocurrency ?

Answer:

What is The Parallel (PRL)?

The Parallel is a creation fueled infinite metaverse powered by Binance Smart Chain, where users may freely create their own worlds and adventures.

The Parallel brings the world together to craft a completely unique GameFi experience, where communities can enjoy an endless array of entertainment, gaming and earning pathways.

In this metaverse, players can mine Runes (materials) to design and build NFT Paragons (characters) that are protected by the Hydra copyright system. These Paragons can be brought into the world to engage in casual games, PvE and PvP as well as an ever increasing variety of intriguing activities. Most importantly, players copyrighted paragon designs become excellent income-generators giving players a potential source of cash-flow.

The Parallel uses two tokens: PRL and PS. Parallel Token (PRL) is the main token of The Parallel. PRL Token plays a crucial part in the sustainable enjoy-to-earn economy of The Parallel metaverse.

How Many PRL Are There in Circulation?

There are maximum and total supply of 1,000,000,000 PRL tokens

Of the total token supply, about 5,00% was set for Strategic Partner. Another 14,00% were allocated for the Private Sale and 1,25% to Public Sale. The advisors and team members secured about 14,00% of the total token supply distributed among them. Around 50% of the total supply was set aside for Game Rewards and Ecosystem Growth, and another 5,75% were dedicated to Liquidity. The last 10,00% is for marketing.

Who are The Founders of The Parallel?

Louis Nguyen is co-founder and CEO of The Parallel. Louis has been in the blockchain, fintech, DeFi, GameFi and the Crypto industry since it first came to Vietnam. His presence at The Parallel headquarters is constant and he leads the project as a leader and visionary that will guide the project toward success.

Bui Ba Hien is a co-founder at The Parallel and serves as the COO of the company. He is the CEO of BOX Studio, a famous game studio in Vietnam. With over 10 years of experience in the gaming industry, he heads Parallel's marketing team to reach the global market.

In total, The Parallel team consists of 50-60 full-time employees - many of whom have experience in blockchain technology and game development.

What Makes The Parallel Unique?

Enjoy-to-earn model: Unlike the majority of the gaming industry, which now uses a Free-to-play and Play-to-earn model, The Parallel leads the ENJOY TO PLAY movement. By participating in the economy, players are creating values for other players and game developers. In return, they are rewarded with in-game assets. These digital assets can be anything ranging from cryptocurrencies to in-game resources encoded on the Blockchain. Unlike Play to Earn, Enjoy to Earn doesn't limit players' earning pathways, players need only ENGAGE in the dynamic game-world to have access to earning potential.

Creative is the core value of The Parallel: Players in The Parallel can build their own characters rather than using the game's built-in characters. Furthermore, all player creative pursuits can be copyrighted by the Hydra System - The Parallel's unique AI technology.

Last but not least, The Parallel opens limitless opportunities for everyone to engage, experience, and earn: it may be individuals, teams, and even game studios or entertainment companies.

reference

Full Form	Category
Parkland Regional Library	Academic & Science
Prometheus Research Library	Academic & Science
Premier Research Labs	Academic & Science
Plant Research Labs	Academic & Science
Photonics Research Labs	Academic & Science
Polar Research Laboratory	Academic & Science
Port Oceanic (ak)	Airport Code
Progress Report Library	Business
Pakistan Refinery Limited	Business
Passenger Reconcile List	Business
Prolong International Corporation	Business
Pitt Research, LTD.	Business
Poor Richard's Limited	Community
Packet Reverb Lockout	Computing
Priority Level	Computing
Password Recovery List	Computing
The Parallel	Cryptocurrency
Physical Review Letters	Electronics
Pesticide Reporting Law	General
Pattern Recognition Letters	General
Product Realization Lab	General
Phys Rev Lett	General
Polska Rzeczpospolita Ludowa	General
Proof Refinement Logic	General
Prima Radio Libera	General
Preferred Roaming Lists	General
Polskie Radio Londyn	General
Pro Rivalry League	General
Program Refinement Logic	General
Preffered Roaming List	General
Preferred Raoming List	General
Posterior Release Location	General
Parasitic Removal Laser	General
Prudential Ride London	General
Plagas Removal Laser	General
Payment Request Letter	General
Pearl	General
Polish Republican Lounge	Governmental
Pollute River and Lake	Governmental
POLUR	Indian Railway Station
Polish Radio London	International
Personal Responsibility Level	Jobs
Physicians Reference Laboratory	Medical
Prolactin	Medical
Physical Research Laboratory	Medical
Physiology Research Laboratory	Medical
Plant Research Laboratory	Medical
Programming Research Laboratory	Medical
Pansies, Retards, and Losers	Messaging
Pearl Harbor	Military and Defence
Port Oceanic, Alaska USA	Regional
Polska Rzeczpospolita Ludowa (Polish People's Republic)	Regional
Penn Eastern Rail Lines (East Penn Railway)	Regional
Private Relocatable Library	Softwares
Page Revision Log	Space Science
Priority Rate Limiting	Space Science
Preferred Roaming List	Telecommunication