Parabolic (PARA)

Parabolic (PARA) is a cryptocurrency that has recently faced challenges due to the exploitation of the Parabolic game by a game developer, who subsequently disappeared. To ensure the security of its community, the decision was made to take the game offline temporarily. Unfortunately, due to current market conditions, no additional funds are available to develop a new game or fix the existing one. Therefore, trading on Parabolic has been paused, and the project will be fully shut down in the first week of November.

Despite these circumstances, the core Parabolic supporters have come together to find the best possible solution to help and compensate the entire community. They have decided that all users’ tokens will be migrated to Mind Music at a favorable rate. Certain steps will be followed to facilitate this migration. Before the 7th of October, users will receive any staked Parabolic tokens and their corresponding staking rewards. On the 8th of October, a snapshot of users’ Parabolic holdings will be taken, and the tokens’ USD value will be provided, free from transaction tax. A Google form will be available from the 10th of October until the 31st of October for users to register their wallets for the migration. It is important to complete this form by the deadline to qualify for the increased value of the tokens. After the migration is finalized on the 8th of November, Parabolic will cease operations, and no further migration requests will be accepted.

During this process, staying informed through the Parabolic telegram announcements channel is recommended. The Parabolic team is committed to ensuring the smooth transition of users’ tokens to Mind Music and appreciates the ongoing support of the community.