This year has shown quite a lot of promise for blockchain technology and crypto. NFTs have seen a massive boom in such a short span of time, dominating social media outlets and mainstream news with promises of potential valuation. NFTs are distinct units of data that can come in various forms of multimedia such as videos, images, songs, and many more. Blockchain technology is used to tokenize this data by storing it in a digital ledger where records and proofs of ownership are securely stored.
The Paragons NFT is an up-and-coming project that is set to release in January. The collection’s pre-sale will be on January 28, and its public sale will be on January 29. The digital art pieces consist of 3D-generated, ethereal art pieces with over 250 unique attributes designed by the renowned artist, SpaceRenders. Each Paragon NFT is procedurally-generated to traverse a unique and immersive world known as the Paraverse.
The Paraverse is a three-dimensional world that the team is developing to connect with the modern world and the NFT world. This allows holders of the token to traverse a beautifully rendered world with their uniquely created Paragons that showcase a wide range of mystical characteristics, including but not limited to crypto-themed jewelry, Saturn rings, a tease of philosophy, and some looks that are inspired by some of the renowned and celebrated artists of all time.
Each Paragon will highly differ from one another, which allows for each holder to have a sense of unique personalized ownership to each piece. “Our project is aimed at all collectors of NFT’s, especially those interested in 3D-generated artwork that is metaverse-ready as well as those seeking projects with long-term utility and tokenomics,” the developers shared.
Paragon holders will be obtaining more than just a wonderfully created digital art piece. They will also become part of a community that is pivoted around an immersive experience that will allow NFT holders to trade or simply hang out with each other within the ever-changing world of Paraverse. With Paraverse’s token-fueled economy, the possibilities for growth amongst Paragon NFT collectors are endless.
The Paragon collection is made up of 9,424 unique 3D-generated metaverse-ready NFTs that are ready to be minted. Mint prices have yet to be announced, but the developers have already established that the project is centered around the Paraverse. By owning at least one Paragon NFT, holders will be granted exclusive access within the browser where they are free to explore anything in the Paraverse.
Furthermore, NFT holders who have access to the Paraverse will be granted the ability to earn the project’s ERC-20 tokens through play-to-earn mechanics where they can stake Paragons to earn massive income, obtain additional NFT drops, and the chance to mint future NFTs through the resources and tokens they earn.
The Paragons team is focused on creating a community-driven project. Holders will have access to a community vault and a decentralized autonomous organization (DAO), where holders can become a vital part of the project. The team promises to continuously add value into the Paraverse and future drops, functionality for resources, and tokens in the course of time. With the developers’ unwavering support, the success of Paragons and the Paraverse is all but guaranteed.
To learn more about Paragons, make sure to visit the project’s official website. Follow the Twitter page for the latest updates on the project and get a glimpse of the Paragons on Instagram.
Opinions expressed by US Insider contributors are their own.
