Paradox Metaverse

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Paradox Metaverse

Paradox Metaverse was founded by Amio Talio, a prominent crypto entrepreneur and influencer, in February of 2020. The Paradox Metaverse began with the development of the metaverse environment built in Unreal Engine 5.

Over the years the full ecosystem has been built out, including a metaverse, Triple AAA play and earn game, DAO, cryptocurrency, NFT collection, launchpad, and more ambitious ventures to come. [1] [2]


Metaverse Game

The Paradox Metaverse is a Triple AAA play and earn game built using unreal engine. The playstyle of the game is a battle royale that bears many similarities to popular Triple AAA titles such as GTA V and Fortnite. Players can use the Paradox NFT characters in the game and earn the Paradox native cryptocurrency $PARA from completing challenges. 


Inside of the metaverse players will also be able to attend live events held by the Paradox team. These events range from concerts to celebrity boxing matches, and will be exclusive to players of the metaverse. Popular UK and Dubai influencers who will be invited to these events include Salt Papi, Mo Vlogs, Money Kicks, DMO Deejay, and Yiannimize. [3]


Cryptocurrency

The life blood of the Paradox Ecosystem is their native coin $PARA which went live for public presale on November 14th, 2022.

This coin can be utilized by users to purchase in-game features, earn rewards, and trade with other cryptocurrencies through the Paradox partnership with major exchange platforms. Some of the platforms that Paradox partnered up with include Huobi, ByBit, and BitMart. [4]


DAO

Paradox has developed its own decentralized autonomous organization which will allow participants of the metaverse to decide the limits of the metaverse.Paradox introduced this feature as a way to make their metaverse game superior to traditional games that are historically slow to implement changes based on feedback from their player base. [5]

Holders of the $Pdao token are able to stake the token for rewards of up to 20% annually, and simultaneously participate in making the metaverse a better gaming experience in real time.[6]


Launchpad

The metaverse company developed another unique feature with their own launchpad which they launched $PARA coin on alongside other Tier 1 launchpads such as Poolz, Blokpad, and Enjinstarter. This launchpad is only accessible to users of the Paradox Metaverse, and will be a place for new crypto projects to get exposure and find investors. [7]

Paradox is different to most launchpads because of the vetting process they have for crypto projects that launch on their platform, only allowing coins that will be listed on centralized exchanges.


Future Ventures

The Paradox team has announced plans to build things far past just the metaverse. In 2022 they announced their own venture capital firm “Paradox Ventures” which would invest in startup companies in the crypto space. Profits from this will be dispersed out to those who stake their native coins.[8]


The team also announced the upcoming launch of their decentralized exchange “ParaSwap” which will allow coin holders to trade cryptos for only 0.2% transfer fees which will be deposited into staking pools.


Founder

The founder of Paradox Metaverse is influencer and self made entrepreneur Amio Talio. He is best known for his dominance in crypto trading, investing in Bitcoin since 2012 and making many 7 figure profit trades.[9]



References

  1. "Metadigest". 2022-11-14. https://metadigest.io/public-presale-of-the-paradox-coin-para-to-happen-on-the-enjinstarter-ecosystem-on-november-13/. 
  2. "NYWire". 2022-11-14. https://nywire.com/paradox-events-poised-to-add-tremendous-utility-to-paradox-coin-para/. 
  3. "USInsider". 2022-11-14. https://usinsider.com/paradox-metaverse-ecosystem-to-implement-staking-of-para-coin/. 
  4. "USBusinessnews". 2022-11-14. https://usbusinessnews.com/paradox-metaverse-set-to-become-one-of-the-most-ambitious-play-and-earn-crypto-games-in-recent-history/. 
  5. "famoustimes". 2022-11-14. https://famoustimes.com/the-next-big-thing-in-web3-introducing-the-paradox-ecosystem/. 
  6. "economicinsider". 2022-11-14. https://economicinsider.com/introducing-the-paradao-the-paradox-ecosystems-decentralised-autonomous-organization. 
  7. "CoinWeek". 2022-11-14. https://coinweek.io/paradox-metaverses-paradox-coin-public-presale-to-be-held-on-multiple-tier-1-launchpads-including-their-own/. 
  8. "entrepreneurbreaks". 2022-11-14. https://entrepreneursbreak.com/influencer-amiotalio-gives-back-to-fans-and-followers-with-his-online-university.html. 
  9. "beyondgames". 2022-11-14. https://www.beyondgames.biz/21813/paradox-launches-new-play-to-earn-metaverse-game/.