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Param Labs (PARAM)

IEO

Param Labs is a AAA game and blockchain development studio, dedicated to delivering top-quality blockchain-integrated games to a global audience. With headquarters in Europe and the United States, Param Labs is poised to become the leading developer of high-quality Massively Multiplayer Online (MMO) games.

Investment Round: $7 Million

Strategic Round: N/A

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Overview

Project industryGaming & VR
Product typeOrganization
FoundedUnited States
WhitepaperParam Labs White Paper Open

What is Param Labs

Param Labs is creating a modular, interconnected Web3 gaming ecosystem, consisting of games and infrastructure.

Param Labs is the home for gamers and developers, and our ambition is to become the benchmark for next-generation gaming experiences. Here, we use our resources to build exciting games, developer tools, and infrastructure to empower millions with true digital property rights and ensure value is returned to users.

Our mission is simple; We aim to revolutionize the value gamers and developers are able to derive from gaming experiences, while uniting unique IPs within a vast entertainment ecosystem. To achieve this, we’ll use cutting-edge tools and emerging technologies such as AI and Blockchain to solve the most common problems we believe are preventing gaming from scaling to its fullest potential.

Central to this vision is $PARAM – the on-chain utility token powering the Param ecosystem; from governance to value accrual.

Details

IEO (Gate Launchpad): May 27, 2024 - May 29, 2024
IEO (Bybit Launchpool): May 29, 2024 - Jun 05, 2024
Token supply: 2,000,000,000 PARAM
Raised: 7,300,000 USD

Legal

Registration year: 2022

Token info

Ticker: PARAM
Type: Utility-token
Token distribution:
Ecosystem & Community Incentives - 55%
Early Contributors - 15%
Strategic Investors - 10%
Operation Treasury - 12%
Liquidity (Market Making) - 6%
Advisors - 2%

Param Labs Roadmap

1
Q2 2024
  • Token Generation Event
  • Initial Airdrop Phase 1
  • Soft Marketing Campaign
  • MFT Staking
2
Q3 2024
  • Introduction of DAO
  • Establishment of Param Lab's infrastructure
  • Further IP Collaborations
3
Q4 2024
  • Full Game Release
  • Introduction of NFT Marketplace
  • Param Pools introduction
  • Implementation of Account Abstraction and Wallet/ID systems
4
Q1 2025
  • Global Marketing Campaign
  • Growth with Ecosystem Development
  • Introduction of New Gaming Experiences to be Developed including casual, MMO, and more

Social media

Param Labs web-siteParam LabsYouTubeParam Labs LinkedInParam Labs X (Twitter)Param Labs Discord

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