
ParallelTCG, a blockchain-based Trading Card Game (TCG), is rapidly gaining traction in the gaming industry, attracting over 100K players and endorsements from prominent esports figures like @G2Thijs. The game has been lauded for its high-quality gameplay, vibrant community, and the use of blockchain technology that empowers players with true ownership of their digital cards. ParallelTCG has announced the Parallel League, a global tournament series with a $500,000 prize pool, showcasing its commitment to competitive gaming. This development is noteworthy as it contrasts with Hearthstone's declining user base in the SEA market and its tournament prize pool of $350k. ParallelTCG's rise is indicative of the growing influence of Web3 technologies in reshaping the TCG industry and the broader gaming sector's pivot towards blockchain and crypto innovations.

We (@4RCapital) invested in @WeArePlanetMojo in late 2021 / start of 2022. Being how early we are in Web3 gaming, I've personally struggled to form a thesis on what's the winning formula for game builders beyond a few simple principles i) Web3 enabled ownership is attractive to… https://t.co/sy3ztP4Isp
$500k Prize Pool for @ParallelTCG first ever series. Meanwhile Hearthstone with only $350k As a competitive TCG player where are you going to devote your time? https://t.co/tesDNthvu6 https://t.co/kr4E12PDHc
Gaming is not a popular narrative atm but the growth of @frenpetonbase looks promising, have decided to double down. Comparable gaming projects have 10-100x higher valuations without the tailwinds of being one of the few legit projects on one of this cycle's top 3 chains.