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'Colony' Game Launch on Solana Propels PRIME Token to Record Highs

PRIME token reaches a new peak following the reveal of 'Colony,' an innovative AI game on the Solana network.

The introduction of "Colony," a new AI-powered game from the creators of "Parallel," has pushed the PRIME token to unprecedented highs on the Solana blockchain.

'Colony' Reveals Generative AI-Powered Gameplay in New Whitepaper

Bitcoin's dominance over gold in investment portfolios reflects a shift in market preferences.

"Colony," which the studio had previously hinted at, has now been extensively detailed in a whitepaper released late Thursday, providing a deep dive into a game that will build on the foundations of the Parallel universe with very different gameplay—and on a new chain as well, as per Decrypt.

"Colony," a "survival simulation" game, is powered by generative AI and played by autonomous "agents" that cannot be controlled directly. You'll start by asking your agents a few questions to establish their basic personality, but it will evolve over time.

Your AI-powered agent will be autonomous. Players can make suggestions to your agent, but they may not always comply.

“For example, a user may suggest to their avatar: ‘Perhaps you should plant an apple tree in order to have food in the future?’” the whitepaper reads. “Avatars will respond to suggestions, in some cases interpreting them in light of other objectives they may have—even potentially rejecting their owner’s suggestion if they deem it to be out of character or in conflict with another objective they are pursuing.”

“In such cases, an owner may find themselves debating with or cajoling their avatar to complete the task,” it continues. “Eventually the avatar will settle upon its intended objectives—occasionally even disregarding its owner’s suggestions—and begin to pursue the tasks it has deemed most advantageous, without its owner directly controlling each action.”

'Colony' Integrates Parallel NFTs and Crypto Rewards, Preps for Alpha Release

"Colony" will initially be built around the existing Parallel Avatar NFTs, which number 11,001 on Ethereum. According to the whitepaper, PRIME token holders could vote on a governance proposal to increase the number of coins minted on Solana.

That's because the game will feature a "breeding" mechanism that will produce more agents over time, similar to Axie Infinity's colorful monster generations. The PRIME token from Ethereum will be used in the game as a wrapped token linked to Solana and awarded to players as in-game crypto rewards.

To earn cryptocurrency rewards, you'll need to own an NFT avatar. A "free-to-play" version will also be available, but users cannot earn PRIME rewards, keep items, mint them as unique NFTs, or transfer them outside of the game. In any case, even "free" players will be required to pay for the large language model (LLM) that powers the AI.

“Users must still provide funding to cover fees associated with their agent’s use of the underlying LLMs during game sessions,” the whitepaper reads. “This is structured in the same manner as the full, reward-eligible version of Colony, where players are also funding the LLM calls of their avatars from funds the owner has deposited into the avatar’s wallet.”

The Parallel team plans to release a public alpha version of Colony in Q4 2024 or Q1 2025. The whitepaper goes into great detail, but we can expect to see and hear more about the game in the coming months, especially since Parallel has been gaining popularity.

The "Colony" announcement appears to have boosted the price of PRIME, which has risen 22% in the last 24 hours to more than $21. It climbed even higher early Friday, reaching a new all-time high of $23.39, according to CoinGecko.

Photo: Parallel/Twitter

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