Paradox Crypto is a metaverse play-to-earn blockchain game, offering players an opportunity to earn paradox coin. Additionally, staking rewards those who stake their tokens.
Though NFTs and metaverse-related crypto platforms have suffered significantly this year, these projects are still actively underway – one being paradox crypto, which recently launched its own cryptocurrency.
Gameplay
Paradox crypto is a free-to-play, open world P2E game with its roots firmly anchored to a blockchain ecosystem. Built using Unreal Engine 5, gameplay trailers show stunning graphics and immersive gameplay that resemble Grand Theft Auto or Cyberpunk 2077 – plus players can earn cryptocurrency rewards through in-game staking!
This game provides one of the few opportunities for players to monetize their time spent playing and earning in-game tokens, by way of its staking feature which offers an average annual return of 20% APY but comes with a 24 hour cooling off period in between missions.
The Paradox team promoted their project with various influencers, such as YouTuber IShowSpeed. However, their promotion drew public outrage from fans and earned them the reputation for scamming. Coffeezilla of YouTube infamous for uncovering crypto pump and dump schemes even defied them on livestream and defied IShowSpeed later when he apologized and pledged more careful promotion efforts in future promotions.
Investing
Paradox crypto is a newly launched cryptocurrency which has received considerable interest in the crypto space. This project boasts numerous assets which make it attractive as an investment: strong community support and an experienced team backing.
Contrary to most cryptocurrencys, paradox has its own cryptocurrency called paradox coin which powers its ecosystem and rewards players who participate in challenges. Players may also use it to purchase in-game items with it. Public presale began on November 16 and now trades on platforms like Huobi and BitMart.
Amio Talio, the creator of this game, has promised investors gains of 10x or greater with every investment made through him. Yet his promises haven’t been proven true yet and his name doesn’t appear on UK’s Companies House website is an indicator of doubt.
Trading
The Paradox metaverse will enable players to earn its native paradox coin cryptocurrency by completing challenges. Players can use this digital coinage for attending events like concerts and celebrity boxing matches that are exclusive only to users of the metaverse.
The founders of paradox crypto have promoted their project by working with YouTube influencers such as iShowSpeed who was criticised by his viewers for advocating metaverse. Furthermore, they added an impersonator of Christiano Ronaldo onto his stream to further their cause.
Paradox crypto has a website page claiming to be a decentralized exchange, but this feature has yet to be enabled. Furthermore, original claims that included vesting programs for supporters remain unclear – something which should raise concern among investors as this may deter them. Before investing it is wise to research all projects carefully prior to investing.
Staking
At its pre-launch phase, Amio Talio had promised investors 20% rewards on tokens staked through Paradox Ventures program – yet no longer mentions this feature on his company website or in Companies House database in UK as promised. Furthermore, his name does not appear there either – another telltale sign.
Paradox Metaverse studio has also unveiled an NFT character collection to facilitate access to in-game missions and unlock P-bucks that can later be exchanged for the Paradox crypto coin.
Ishowspeed, a popular YouTube influencer and gaming enthusiast, recently faced harsh criticism from his followers for endorsing Paradox Crypto. They accused him of scamming investors through pump-and-dump schemes like Ponzi schemes; their founders responded to this backlash by insisting their business model does not operate like that of Ponzi schemes; as well as drawing comparisons between their company and Tesla which actually builds real products rather than hype alone.
