Parallel Studios Secures $35M for AI Survival Game Colony

Parallel Studios Secures $35M for AI Survival Game Colony

Parallel Studios, a game developer from the United States, has successfully secured $35 million in funding to further its developments in the AI gaming space. The funding round saw contributions from various investors, including Distributed Global, The Operating Group, and Solana Ventures. With this new capital, Parallel Studios is set to enhance its portfolio with the upcoming survival simulation game called “Colony.” The game will leverage the Solana blockchain and introduce the PRIME token within its ecosystem.

Expanding the Gaming Universe with Colony

Colony represents a significant step forward in Parallel Studios’ commitment to AI-driven gaming. Set to launch in 2025, this survival sim game promises an immersive experience where human players guide autonomous AI agents, or avatars, through various survival scenarios. These avatars, which originate from Parallel’s Avatars 11,001 NFT collection, will showcase independent decision-making abilities and the capability to execute transactions autonomously through dedicated web3 wallets.

The Role of Solana and PRIME Token

The decision to deploy Colony on the Solana blockchain marks a pivotal move for Parallel Studios, distinguishing it from the Ethereum-centric approach of its earlier title, Parallel TCG. The integration with Solana not only ensures smoother in-game transactions but also facilitates the minting and trading of avatar NFTs, enhancing the overall gaming experience.

The introduction of the PRIME token is another key feature of Colony, designed to serve as the backbone for transactions within the game. PRIME’s utility extends beyond mere transactions; it enables players to acquire AI avatars, participate in elite tournaments, and interact with a range of smart contracts within the Parallel ecosystem. This approach not only fosters a robust play-to-earn model but also encourages community involvement, allowing players to significantly influence the game’s development.

Lastly, Parallel Studios is not just focusing on the technical aspects of its upcoming title but is also laying the groundwork for a comprehensive gaming ecosystem. By aligning itself with strategic partners like Helika and engaging deeply with the gaming community, Parallel Studios is setting a new standard for inclusive, AI-powered gaming experiences.