What is PARAM
Tokens
1. Project Introduction
Param Labs is creating a modular, interconnected Web3 gaming ecosystem, consisting of games and infrastructure, managed by its native PARAM token. Its first game, Kiraverse, is a play-to-earn, multiplayer shooter game.
Summary: Param Labs is an independent game and technology development studio, specializing in multiplayer blockchain games and innovative technology development. Its first self-developed game is Kiraverse.
2. Team & Investment Info
Anthony Anderson, founder, with seven years of experience in consumer electronics and emerging technologies. He is the founder of Currency Capital, a full-stack development and consulting company, and fulfilled several blockchain-related development contracts from 2018 to 2021.
Funding: In May 2024, it announced the completion of $7 million in funding led by Animoca Brands, with participation from Delphi Ventures, Mechanism Capital, Cypher Capital, Merit Circle, P2 Ventures, and others.
3. Social Media URLs
X: https://x.com/paramlaboratory
LinkedIn: https://www.linkedin.com/company/param-laboratory/
4. Token Info
Token Symbol: PARAM
Total Supply: 2,000,000,000
Token Type: ERC-20
Issuance/Burn Mechanism: Deflationary
Contract Address: https://etherscan.io/token/0x69A1e699f562D7Af66Fc6cc473d99f4430C3AcD2
Token Distribution:
Ecosystem & Community Incentives: 55%, 10% unlocked at TGE, no cliffs, 50 months linear vesting;
Early Contributors: 15%, 0% unlocked at TGE, 12 months cliff, 30 months linear vesting;
Operation Treasury: 12%, 10% unlocked at TGE, no cliffs, 24 months linear vesting;
Strategic Investors: 10%, 5% unlocked at TGE, 6 months cliff, 24 months linear vesting;
Liquidity (Market Making): 6%, 50% unlocked at TGE, no cliffs, 12 months linear vesting;
Advisors: 2%, 0% unlocked at TGE, 12 months cliff, 30 months linear vesting;
5. Related Links
Official Website: https://paramgaming.com/
Other Info: https://docs.paramlabs.io/param-litepaper
Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. HTX does not take responsibility for any resulting direct or indirect losses.
