Paradox crypto has recently received considerable media coverage – much of it negative. The project describes itself as a blockchain-enabled “Play-to-Earn” game built on Unreal Engine 5.
Paradox Coin promises to reward gamers, establish a venture capital firm and a decentralized exchange that will offer rewards for staking it, and establish venture capital funds and venture funds to finance these plans.
What is Paradox Crypto?
The Paradox crypto project seeks to establish an entire metaverse gaming ecosystem. According to its website, players will soon be able to engage in free-roam video gaming that allows them to earn $PARA by participating in challenges and playing.
Team’s plan also involves creating an in-game marketplace where players can trade items and collect limited edition NFT characters that unlock special abilities as they use them, becoming stronger over time.
Paradox Ventures will also establish a venture capital company, with profits shared among users who stake their native coins.
Amio Talio, an infamous one-time crypto scammer, promoted this project via YouTube influencers such as Amio Talio himself. Unfortunately, however, his promotion caused controversy due to an incident whereby Talio crashed his Lamborghini Huracan Spyder into an UPS van and claimed damage was caused by its driver – prompting accusations of fraud as well as people questioning its legitimacy.
Paradox Metaverse
While the market for non-fiction text (NFTs and metaverse games) and metaverse games may have taken some damage in 2022, Paradox remains keen on being part of this ecosystem.
Paradox was founded by self-proclaimed crypto entrepreneur Amio Talio (best known for writing off his Lamborghini and offering to teach people business skills for a fee) and Fasial Tariq, former car rental company boss from Northamptonshire. They plan to release a triple AAA play-to-earn game using Unreal Engine 5.
The game will offer numerous in-game features such as socialisation, an economy and NFTs for its players to take advantage of – such as earning $PARA coins through gameplay participation and purchasing character NFTs to become citizens. Furthermore, there will be a launchpad offering token based projects the opportunity to get publicity and funding, which will be reviewed and approved by our team before being made public; additionally players will have the ability to access these new projects at discounted rates than would be available on exchanges.
Paradox Token
The Paradox token powers the Paradox ecosystem, launched on 17 November 2022 and currently trading on Huobi and BitMart exchanges. You can buy paradox coins via these exchanges if you meet their KYC requirements which typically involve providing pictures of both ID documents as well as selfies for purchase.
Even though Paradox metaverse game has yet to be released, its project literature does mention that users will be able to complete missions for rewards and win real world prizes such as cash and merchandise. Furthermore, users will also be able to invest their paradox tokens through ventures program on platform for interest earnings.
Although the market for non-fungible tokens (NFTs) has suffered this year, their technology remains strong and there have been several intriguing projects emerging within this space – Paradox crypto being one of them and while not without critics it is worth investigating further.
Paradox Network
Paradox is an online game in which players can win rewards and prizes by completing challenges, exchanging in-game characters for real world money and using that currency to purchase additional in-game items. As players unlock various areas, more surprises will become clear.
Amio Talio and Fasial Tariq, the co-founders of Paradox, have been actively promoting their project through crypto influencers such as YouTuber iShowSpeed. However, their interactions with this streamer have proven controversial as the pair brought in a lookalike of Cristiano Ronaldo to their livestream and claimed that Ronaldo was involved with Paradox project.
Paradox has yet to publish a whitepaper, the technical document that describes how its system and PARA coin work. While its website features what appears to be an “official whitepaper,” clicking it takes users instead to what could be seen as a condensed version of its homepage.
