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      "author": "steemitboard",
      "permlink": "steemitboard-notify-robertsnow-20190510t140208000z",
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      "body": "Congratulations @robertsnow! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@robertsnow/birthday1.png</td><td>Happy Birthday! - You are on the Steem blockchain for 1 year!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@robertsnow) and compare to others on the [Steem Ranking](http://steemitboard.com/ranking/index.php?name=robertsnow)_</sub>\n\n\n**Do not miss the last post from @steemitboard:**\n<table><tr><td><a href=\"https://steemit.com/steemitboard/@steemitboard/steemitboard-witness-update-2019-05\"><img src=\"https://steemitimages.com/64x128/http://i.cubeupload.com/7CiQEO.png\"></a></td><td><a href=\"https://steemit.com/steemitboard/@steemitboard/steemitboard-witness-update-2019-05\">SteemitBoard - Witness Update</a></td></tr></table>\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
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      "author": "robertsnow",
      "permlink": "5-things-you-should-know-about-parsec-frontiers",
      "title": "5 Things You Should Know about Parsec Frontiers",
      "body": "The blockchain is a serious technology with applications across multiple industries. In the near future, it will bring some changes to the gaming industry and Parsec Frontiers is the best proof of that. Here are 5 vital things that you should know about the game.\n\n# What Is Parsec Frontiers?\n\nParsec Frontiers is a massively multiplayer online (MMO) game where players will make a fresh start for humanity together. You can’t say that the concept itself is innovative. Milky Way galaxy with all its planets and stars is yours to explore and conquer. The game is completely player-driven and the direction in which the galaxy will evolve depends only on the players and what they decide.\n\n![parsec4.png](https://steemitimages.com/DQmSrsDq7Rpz5sJ71XsrqFCZcjqVaMjTF9e26QT2rGiGGPS/parsec4.png)\n\nThe reason why Parsec Frontiers is a unique game is that it is also a complex virtual economy. It utilizes blockchain technology and each move you make, starting from building a spaceship for exploring the galaxy, will require investing digital assets from your game wallet. You will also be able to craft items and harvest resources that you can later trade. That will give you the opportunity to make a real profit as you progress in the game.\n\n# Game Features\n\nIn its core, Parsec Frontiers is a 4X strategy game. Here is how it utilizes the four aspects of the strategy genres:\n\n**· Explore — you can move freely throughout the entire galaxy. Navigate your spaceship to the desired location and discover new habitable planets for humanity. Keep in mind that other players are doing the same in this fully-3D world;**\n\n**· Expand — once you find a celestial body you consider habitable, you can build structures and transport humans. You can choose how each community will develop by constructing specific buildings and researching various technologies;**\n\n**· Exploit — find planets and surfaces rich in resources, harvest them and create factories and plants to craft various products;**\n\n**· Exterminate — there will be a non-aggression pact until the combat feature is implemented into the game. Once that happens (December 2019), you will be able to take on other players in interplanetary wars and conquer new planets by implementing successful war tactics.**\n\n![parsec5.png](https://steemitimages.com/DQmX8TtxKftvZgJ8dR1njwN2c6Lep9zSZozBTrkRaA9aj4Q/parsec5.png)\n\nAs you can see, the developers thought of everything that can provide players a unique experience of exploring a galaxy together. The crucial thing to keep in mind is that the game is running 24/7. That means things are happening even when you are logged off. If you sent a ship to a new location, it will continue traveling even if you are not online. The same goes for researching technology and extracting resources. Fortunately, there will be a notification feature that will inform you about new events via e-mail or SMS.\n\n# Token\n\nAs we mentioned, Parsec Frontiers is a game with the player-driven virtual economy. If you want to start playing, you will need to add some Parsec Credits to your game wallet. To do so, you need to purchase PARSEC token, which is the official currency of the project.\n\nPARSEC (PRSC) is an ERC20 token, which means that you can get it in exchange for Ethereum. You can purchase PRSC during the crowd sale, which starts on 27th April and ends on 31st May 2018. Find out how to buy your tokens in this official blog post.\n\nOnce you buy PARSEC ERC20 tokens, you need to convert them to PARSEC customized chain tokens. That way you will be able to use them within the game. At any point, you can transfer your tokens back to your Ethereum address. This will enable you easier access to exchanges and more comfortable trading.\n\n# Team Members\n\nHenning Rokling is the founder of the Parsec Frontiers project. His name might not mean a lot, but he is an entrepreneur that loves games. Rokling worked at Funcom before joining Innerloop Studios as CEO and co-founder. He is from Norway and he worked as a consultant for several large corporations in Scandinavia.\n\nTrond Johansen is on the head of the production department. He worked on Battlestar Galactica Online and Block N Load as a game designer. Jack K. Wulff has the role of helping him ensure that everything is completed on time and that the budget is being used adequately. Wulff has over two decades of experience as a game developer.\n\nAndrey Tsirulev is the technical director of the project. He is a genius when it comes to producing online games and can do a brilliant job in creating scalable and robust systems. He has a Magnetic Physics Master’s Degree from Tver State University, which is another indicator of how smart and capable he is.\n\nThe other two members of the team are Maxim Pushkar, who is in charge of blockchain development, and Morten Larssen who takes care of all things related to publishing, marketing, and sales.\n\n# Roadmap\n\nUp until now, the developers were in line with the schedule they made once they came up with the concept of the game. The idea of creating Parsec Frontiers dates a while back, but the concept was created in June 2017. During the same year, the team that consists of professional staff and advisors was assembled and the whitepaper was created.\n\nThe pre-sale was successfully organized in January 2018. As promised, the developers delivered technical details and the game design in April 2018. At the end of that month, the crowd sale started and it will last until the end of May.\n\nThe next step involves the distribution of PRSC credits, as well as opening an auction for a starship. That will also happen during May 2018. Two months later, in July, the developers will release 17 planets that will initially be habitable and hold auctions for colony rights on them.\n\nAccording to the expectations, travel module should be finished by the end of 2018. Once it is released, the players will be able to explore and transport humans. In 2019, the game will introduce resource extraction, trade exchanges, crafting, and combat. The full version of Parsec Frontiers with all in-game features should be available by the end of 2019.\n\n# Learn More:\n\nWebsite: https://parsecfrontiers.com/\n\nTwitter: https://twitter.com/parsecfrontiers\n\nFacebook: https://www.facebook.com/ParsecFrontiers/\n\nDiscord: https://discordapp.com/invite/wpWQgUP\n\nTelegram: https://t.me/ParsecFrontiers\n\nBitcointalk: https://bitcointalk.org/index.php?topic=2518785.0\n\nReddit: https://www.reddit.com/r/parsecfrontiers/\n\nYouTube: https://www.youtube.com/channel/UCbGLdR11-jFasFpNHsjNeMg",
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      "author": "robertsnow",
      "permlink": "first-impressions-why-parsec-frontiers-is-going-to-be-be-an-amazing-game",
      "title": "First Impressions: Why Parsec Frontiers is Going to be Be an Amazing Game",
      "body": "In the last several years, innovation in the gaming industry is extremely rare. Many developers are recycling familiar formulas without offering anything new. Parsec Frontiers might be that breath of fresh air that the market needs. Although the game is still in the development phase, here is why we believe that it will be amazing.\n\n# Storyline — A Fresh Start for the Humanity\n\nThe Earth has been destroyed. Fortunately, right about the time when that happened, people discovered interstellar travel. Some believe that it was desperation that forced the discovery, while others chose to think that God is behind it since he wants the humans to survive.\n\nEither way, humankind is on its way to Milky Way. You will be exploring our galaxy and all its celestial bodies, including stars and planets. Your goal will be to discover habitable planets and start human communities. Scanning surfaces for resources and extracting them for crafting and trading will be a major part of your success. You also shouldn’t forget about the war factor. If you want to become one of the strongest players in the Milky Way, you will need to battle others to conquer new territories and defend the ones that you already have.\n\n# A Unique Combo of Gaming and Virtual Economy\n\nTrading is the essential feature of the game. According to the backstory, humans don’t believe any official Interstellar Federations because they are aware how profitable trading across the galaxy can be. That is why they founded Parsec Credit, a currency that can’t be controlled by anyone except for its owner, ‘just like the cryptocurrencies that were popular in the 21st century.”\n\n![parsec3.jpeg](https://steemitimages.com/DQmb1aG4nnUvsbHwo7pnJNeRy7h1vHTbXtJ4HBdBNGYLe5U/parsec3.jpeg)\n\nLet’s talk about the elephant in the room. Parsec Frontiers is far more than a simple game because it will offer in-game economy that will be completely player-driven. You will be using digital assets to buy and trade items and resources. That means you can earn money while playing! Of course, the focus would be on delivering the utmost gaming experience in colonizing the galaxy. And the fact that you can make some money along the way is just neat!\n\n# Jump into the Unknown\n\nEverything begins lightly. That is to be expected since interstellar traveling is only starting to develop. You have the entire 3D map of the Milky Way galaxy at your disposal. Keep in mind that it can take a while to can get from point A to point B. And it is a vast space that needs to be explored. That means you need to make smart decisions and occasionally jump into the unknown and explore destinations where you don’t know what to expect.\n\nHowever, as the time progresses, you will gather valuable information about the in-game space. The trick is that you don’t have to share that information with others. Just like in today’s world, Intel has great power in Parsec Frontiers. That is why you should always work on gathering as much info as you can and utilize everything you know properly.\n\n## Finding and Harvesting the Resources\n\nEach planet, star, asteroid, and moon has at least some resources that can be collected. Once you find yourself on a celestial body, you should start a scan that will look for the desired resource on its surface. According to the information you get, you can choose to start mining that material.\n\nKeep in mind that harvesting a resource can take a lot of time and money. Fortunately, you can improve your mining skills to collect more materials. But still, that doesn’t mean you should mine for everything you come across. The trick is to find the resources that you need the most. You can then utilize them to craft items or trade them immediately.\n\n## Do You Have the Right Recipe?\n\nThe first thing that you should find is a recipe for crafting an item. In some cases, just having the desired recipe and the required material is enough to craft something. However, if you want to build something that’s more complex than that, you will need factories or manufacturing plants.\n\nHere is an example that the developer provided. Let’s say that you are mining the raw metal. If you have the recipe for combining it with a polymer, you can make a control board. You can then choose to trade that board or combine it with other components to create an engine. Once you construct an engine, you can take things to the next level and design a vehicle component or an entire vehicle. The possibilities that the game provides are endless.\n\n## Become the Master of Trading\n\nThere are two ways to trade goods in Parsec Frontiers. The first one is a direct trade between two players, but the focus will be on trading exchanges. Just like any other, these markets will be influenced by the laws of demand and supply. In short, if the exchange offers a big amount of the same product, the price will go down. But if the item is scarce, the demand will increase the cost.\n\nYou are not limited to what you can trade on the exchanges. If you urgently need cash, you can sell minor resources. However, if you have the time and money required to construct a ship, you can earn a lot with a single sell. It is a virtual economy that works just like the real one.\n\nKeep in mind that you can find a bunch of trading markets across the galaxy. The goods offered vary from one exchange to another. In other words, there is a good chance you can get a better price for the item you are selling at another exchange. The general logic dictates that you can profit the most by selling a resource close to the planet where its habitats can’t harvest it. Think about your moves and you will be on the right path to becoming the master of trading.\n\nFinally, let’s mention that combat will also be a part of Parsec Frontiers. However, that module will be added last which is why a “non-aggression” pact will be signed by all players until December 2019. That gives you enough time to learn all the tricks and prepare for galactic battles that will bring you further expansion and profit.\n\n# Social Links:\n\nWebsite: https://parsecfrontiers.com/\n\nTwitter: https://twitter.com/parsecfrontiers\n\nFacebook: https://www.facebook.com/ParsecFrontiers/\n\nDiscord: https://discordapp.com/invite/wpWQgUP\n\nTelegram: https://t.me/ParsecFrontiers\n\nBitcointalk: https://bitcointalk.org/index.php?topic=2518785.0\n\nReddit: https://www.reddit.com/r/parsecfrontiers/\n\nYouTube: https://www.youtube.com/channel/UCbGLdR11-jFasFpNHsjNeMg",
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      "parent_permlink": "parsec",
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      "permlink": "parsec-frontiers-crowd-sale-and-prsc-token-info",
      "title": "Parsec Frontiers: Crowd Sale and PRSC Token Info",
      "body": "The blockchain is the latest trend in the world of technology. More and more people jump on board every day and it seemed like a matter of time when we will get the chance to play games utilizing blockchain. Parsec Frontiers will be MMO release that will feature a virtual galaxy we can all explore together. According to announcements, the game will be very attractive. In this article, we will focus on the financial side of it. You will need to official token named PRSC (Parsec Credits) to play. Here is everything you need to know about it.\n\n# Use PRSC Tokens to Colonize the Milky Way Galaxy \n\nParsec Frontiers will focus on our galaxy. In case you didn’t know, it is officially called Milky Way (just like the chocolate bar). The game allows you to explore it, discover new planets, find resources and construct items that you can later trade in trading posts.\n\n![parsecsteem1.png](https://steemitimages.com/DQmXnjASX6AQYWL25dhCpfsfRnT6b7vnRz2SPWHGjGAfDMt/parsecsteem1.png)\n\nThe good news is that the game itself is entirely free. However, the developers planned for the players to utilize PARSEC (PRSC) tokens to make a spaceship and discover planets around us. That means you will need to have PRSC to begin playing. There will be a crowd sale that will enable you to get them, but let’s learn a few things about the token first.\n\n# Ethereum in Combination with Customized Public Chain\n\nIf you know a thing or two about the crypto market, it’s probably not a surprise that the developers chose Ethereum as their project’s platform. After all, everyone seems to be choosing it simply because it looks like the best choice at the moment. By using Ethereum, you can easily access various trading exchanges and that is reason enough for using it.\n\nHowever, the guys who are developing Parsec Frontiers are very aware that you can’t use the main net of Ethereum for an application that will probably have thousands of transactions per hour. It would affect the speed of processing transactions, as well as its cost.\n\nThat is why the game will use a public customized blockchain. The game will have permission elements and will allow node operation to the community. That way there the transactions will be faster and there will be no asset costs related to their processing.\n\nHere is what the developers emphasized as the key requirements to achieve during project development:\n\n**· Issuing own digital assets within the game**\n\n**· Support for programming and executing smart contracts**\n\n**· Making it possible to process thousands of transactions each day**\n\n**· Securing instant or fast validation of transactions**\n\n**· Pruning technology**\n\n# Token Exchangeability\n\nAnother reason why the developers chose for the in-game currency to be an ERC20 token is that the crowd sale and trading processes will be more manageable and comfortable for players. The idea is simple — there is a PARSEC ERC20 token that you can trade or convert to the in-game PRSC token. You do the latter one by utilizing smart contracts. Once you have the valid in-game currency, you can utilize it for various transactions, such as building a spaceship.\n\n![parsecsteem2.png](https://steemitimages.com/DQmXgfN87jFLBerGm6k3ToSdyH3u6puMQ4saRcAacETWCx1/parsecsteem2.png)\n\nYou can also convert the customized blockchain token back into the PARSEC ERC20 token on Ethereum. By doing that, you can move the desired amount from the in-game wallet back to your specified Ethereum address. Once you do that, you are again allowed to trade the currency in crypto exchanges.\n\n# Planned Token Allocation\n\nIf you analyze the table for token allocation, you can conclude that the distribution is done in a smart way. A total amount of PRSC tokens that will be distributed is 30,856,775,800. More than half of it (60%) is reserved for pre-sale and crowd safe. The rest is spread according to the list:\n\n**· 14% Buffer to the foundation**\n\n**· 10% Developers**\n\n**· 10% Advisors**\n\n**· 5% Bounty**\n\n**· 1% Airdrop**\n\nThere is a chance that some of the tokens will not be sold and the developers already announced that they will be burned. That is another smart decision as it will improve the value of the PRSC token, increase its scarcity and reduce the market cap.\n\n# Crowd Sale Information\n\nThe crowd sale will start on April 27th, 2018 at 14:00:00 UTC. The planned time for closing it is May 31st, 2018 at 23:59:59 UTC.\n\nIf you do the math, you can calculate that 16,103,862,002 PARSEC tokens will be available for purchase during the crowd sale. You can buy 1,300,000 PRSC in exchange for 1 ETH token. The minimum investment required to participate is set at 0.01 ETH. You will also have the chance to get a bonus depending on when you decide to participate in the crowd sale. The earlier you purchase PRSC tokens, the bigger your bonus. It can be as high as 30% or as low as 5%. You can find more details about the bonus structure here.\n\nThe developers set the soft cap at 2,500 ETH. That is the minimum they expect to be required to create the game. However, the more they collect the better the game will be. Hard cap for the crowd sale is set at 10,759 ETH. The developers are optimists and they believe that the soft cap will be reached. In case that doesn’t happen, all participants will have the option to get their ETH back.\n\nWhen it comes to the countries that can participate, the crowd sale is open to residents of countries all over the world except Nepal, Morocco, Kyrgyzstan, Ecuador, Mainland China, Cambodia, Bolivia, Bangladesh, and Algeria. There is a special rule for the United States where only accredited investors will be accepted.\n\nKeep in mind that KYC or Know Your Customer rule is in effect for Parsec Frontiers crowd sale, which means that you will need to verify your ID. The developers emphasize that they were forced to apply it so that they can comply with Counter-Terrorist Financing and Anti-Money Laundering policies across the world.\n\nIf you want to register for the crowd sale, you can do that by filling the form on the official website.\n\n# Find Out More:\n\nWebsite: https://parsecfrontiers.com/\n\nTwitter: https://twitter.com/parsecfrontiers\n\nFacebook: https://www.facebook.com/ParsecFrontiers/\n\nDiscord: https://discordapp.com/invite/wpWQgUP\n\nTelegram: https://t.me/ParsecFrontiers\n\nBitcointalk: https://bitcointalk.org/index.php?topic=2518785.0\n\nReddit: https://www.reddit.com/r/parsecfrontiers/\n\nYouTube: https://www.youtube.com/channel/UCbGLdR11-jFasFpNHsjNeMg",
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      "author": "robertsnow",
      "permlink": "first-impressions-why-parsec-frontiers-is-going-to-be-be-an-amazing-game",
      "title": "First Impressions: Why Parsec Frontiers is Going to be Be an Amazing Game",
      "body": "In the last several years, innovation in the gaming industry is extremely rare. Many developers are recycling familiar formulas without offering anything new. Parsec Frontiers might be that breath of fresh air that the market needs. Although the game is still in the development phase, here is why we believe that it will be amazing.\n\n# Storyline — A Fresh Start for the Humanity\n\nThe Earth has been destroyed. Fortunately, right about the time when that happened, people discovered interstellar travel. Some believe that it was desperation that forced the discovery, while others chose to think that God is behind it since he wants the humans to survive.\n\nEither way, humankind is on its way to Milky Way. You will be exploring our galaxy and all its celestial bodies, including stars and planets. Your goal will be to discover habitable planets and start human communities. Scanning surfaces for resources and extracting them for crafting and trading will be a major part of your success. You also shouldn’t forget about the war factor. If you want to become one of the strongest players in the Milky Way, you will need to battle others to conquer new territories and defend the ones that you already have.\n\n# A Unique Combo of Gaming and Virtual Economy\n\nTrading is the essential feature of the game. According to the backstory, humans don’t believe any official Interstellar Federations because they are aware how profitable trading across the galaxy can be. That is why they founded Parsec Credit, a currency that can’t be controlled by anyone except for its owner, ‘just like the cryptocurrencies that were popular in the 21st century.”\n\n![parsec3.jpeg](https://steemitimages.com/DQmb1aG4nnUvsbHwo7pnJNeRy7h1vHTbXtJ4HBdBNGYLe5U/parsec3.jpeg)\n\nLet’s talk about the elephant in the room. Parsec Frontiers is far more than a simple game because it will offer in-game economy that will be completely player-driven. You will be using digital assets to buy and trade items and resources. That means you can earn money while playing! Of course, the focus would be on delivering the utmost gaming experience in colonizing the galaxy. And the fact that you can make some money along the way is just neat!\n\n# Jump into the Unknown\n\nEverything begins lightly. That is to be expected since interstellar traveling is only starting to develop. You have the entire 3D map of the Milky Way galaxy at your disposal. Keep in mind that it can take a while to can get from point A to point B. And it is a vast space that needs to be explored. That means you need to make smart decisions and occasionally jump into the unknown and explore destinations where you don’t know what to expect.\n\nHowever, as the time progresses, you will gather valuable information about the in-game space. The trick is that you don’t have to share that information with others. Just like in today’s world, Intel has great power in Parsec Frontiers. That is why you should always work on gathering as much info as you can and utilize everything you know properly.\n\n## Finding and Harvesting the Resources\n\nEach planet, star, asteroid, and moon has at least some resources that can be collected. Once you find yourself on a celestial body, you should start a scan that will look for the desired resource on its surface. According to the information you get, you can choose to start mining that material.\n\nKeep in mind that harvesting a resource can take a lot of time and money. Fortunately, you can improve your mining skills to collect more materials. But still, that doesn’t mean you should mine for everything you come across. The trick is to find the resources that you need the most. You can then utilize them to craft items or trade them immediately.\n\n## Do You Have the Right Recipe?\n\nThe first thing that you should find is a recipe for crafting an item. In some cases, just having the desired recipe and the required material is enough to craft something. However, if you want to build something that’s more complex than that, you will need factories or manufacturing plants.\n\nHere is an example that the developer provided. Let’s say that you are mining the raw metal. If you have the recipe for combining it with a polymer, you can make a control board. You can then choose to trade that board or combine it with other components to create an engine. Once you construct an engine, you can take things to the next level and design a vehicle component or an entire vehicle. The possibilities that the game provides are endless.\n\n## Become the Master of Trading\n\nThere are two ways to trade goods in Parsec Frontiers. The first one is a direct trade between two players, but the focus will be on trading exchanges. Just like any other, these markets will be influenced by the laws of demand and supply. In short, if the exchange offers a big amount of the same product, the price will go down. But if the item is scarce, the demand will increase the cost.\n\nYou are not limited to what you can trade on the exchanges. If you urgently need cash, you can sell minor resources. However, if you have the time and money required to construct a ship, you can earn a lot with a single sell. It is a virtual economy that works just like the real one.\n\nKeep in mind that you can find a bunch of trading markets across the galaxy. The goods offered vary from one exchange to another. In other words, there is a good chance you can get a better price for the item you are selling at another exchange. The general logic dictates that you can profit the most by selling a resource close to the planet where its habitats can’t harvest it. Think about your moves and you will be on the right path to becoming the master of trading.\n\nFinally, let’s mention that combat will also be a part of Parsec Frontiers. However, that module will be added last which is why a “non-aggression” pact will be signed by all players until December 2019. That gives you enough time to learn all the tricks and prepare for galactic battles that will bring you further expansion and profit.\n\n# Social Links:\n\nWebsite: https://parsecfrontiers.com/\n\nTwitter: https://twitter.com/parsecfrontiers\n\nFacebook: https://www.facebook.com/ParsecFrontiers/\n\nDiscord: https://discordapp.com/invite/wpWQgUP\n\nTelegram: https://t.me/ParsecFrontiers\n\nBitcointalk: https://bitcointalk.org/index.php?topic=2518785.0\n\nReddit: https://www.reddit.com/r/parsecfrontiers/\n\nYouTube: https://www.youtube.com/channel/UCbGLdR11-jFasFpNHsjNeMg",
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      "body": "✅  @robertsnow, congratulations on making your first post! **I gave you an upvote!**<br>Please take a moment to read [this post](https://steemit.com/spam/@pleasestop/introducing-pleasestop-here-to-reduce-comment-spam) regarding commenting and spam. (tl;dr - if you spam, you will be flagged!)",
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      "title": "Parsec Frontiers: Crowd Sale and PRSC Token Info",
      "body": "The blockchain is the latest trend in the world of technology. More and more people jump on board every day and it seemed like a matter of time when we will get the chance to play games utilizing blockchain. Parsec Frontiers will be MMO release that will feature a virtual galaxy we can all explore together. According to announcements, the game will be very attractive. In this article, we will focus on the financial side of it. You will need to official token named PRSC (Parsec Credits) to play. Here is everything you need to know about it.\n\n# Use PRSC Tokens to Colonize the Milky Way Galaxy \n\nParsec Frontiers will focus on our galaxy. In case you didn’t know, it is officially called Milky Way (just like the chocolate bar). The game allows you to explore it, discover new planets, find resources and construct items that you can later trade in trading posts.\n\n![parsecsteem1.png](https://steemitimages.com/DQmXnjASX6AQYWL25dhCpfsfRnT6b7vnRz2SPWHGjGAfDMt/parsecsteem1.png)\n\nThe good news is that the game itself is entirely free. However, the developers planned for the players to utilize PARSEC (PRSC) tokens to make a spaceship and discover planets around us. That means you will need to have PRSC to begin playing. There will be a crowd sale that will enable you to get them, but let’s learn a few things about the token first.\n\n# Ethereum in Combination with Customized Public Chain\n\nIf you know a thing or two about the crypto market, it’s probably not a surprise that the developers chose Ethereum as their project’s platform. After all, everyone seems to be choosing it simply because it looks like the best choice at the moment. By using Ethereum, you can easily access various trading exchanges and that is reason enough for using it.\n\nHowever, the guys who are developing Parsec Frontiers are very aware that you can’t use the main net of Ethereum for an application that will probably have thousands of transactions per hour. It would affect the speed of processing transactions, as well as its cost.\n\nThat is why the game will use a public customized blockchain. The game will have permission elements and will allow node operation to the community. That way there the transactions will be faster and there will be no asset costs related to their processing.\n\nHere is what the developers emphasized as the key requirements to achieve during project development:\n\n**· Issuing own digital assets within the game**\n\n**· Support for programming and executing smart contracts**\n\n**· Making it possible to process thousands of transactions each day**\n\n**· Securing instant or fast validation of transactions**\n\n**· Pruning technology**\n\n# Token Exchangeability\n\nAnother reason why the developers chose for the in-game currency to be an ERC20 token is that the crowd sale and trading processes will be more manageable and comfortable for players. The idea is simple — there is a PARSEC ERC20 token that you can trade or convert to the in-game PRSC token. You do the latter one by utilizing smart contracts. Once you have the valid in-game currency, you can utilize it for various transactions, such as building a spaceship.\n\n![parsecsteem2.png](https://steemitimages.com/DQmXgfN87jFLBerGm6k3ToSdyH3u6puMQ4saRcAacETWCx1/parsecsteem2.png)\n\nYou can also convert the customized blockchain token back into the PARSEC ERC20 token on Ethereum. By doing that, you can move the desired amount from the in-game wallet back to your specified Ethereum address. Once you do that, you are again allowed to trade the currency in crypto exchanges.\n\n# Planned Token Allocation\n\nIf you analyze the table for token allocation, you can conclude that the distribution is done in a smart way. A total amount of PRSC tokens that will be distributed is 30,856,775,800. More than half of it (60%) is reserved for pre-sale and crowd safe. The rest is spread according to the list:\n\n**· 14% Buffer to the foundation**\n\n**· 10% Developers**\n\n**· 10% Advisors**\n\n**· 5% Bounty**\n\n**· 1% Airdrop**\n\nThere is a chance that some of the tokens will not be sold and the developers already announced that they will be burned. That is another smart decision as it will improve the value of the PRSC token, increase its scarcity and reduce the market cap.\n\n# Crowd Sale Information\n\nThe crowd sale will start on April 27th, 2018 at 14:00:00 UTC. The planned time for closing it is May 31st, 2018 at 23:59:59 UTC.\n\nIf you do the math, you can calculate that 16,103,862,002 PARSEC tokens will be available for purchase during the crowd sale. You can buy 1,300,000 PRSC in exchange for 1 ETH token. The minimum investment required to participate is set at 0.01 ETH. You will also have the chance to get a bonus depending on when you decide to participate in the crowd sale. The earlier you purchase PRSC tokens, the bigger your bonus. It can be as high as 30% or as low as 5%. You can find more details about the bonus structure here.\n\nThe developers set the soft cap at 2,500 ETH. That is the minimum they expect to be required to create the game. However, the more they collect the better the game will be. Hard cap for the crowd sale is set at 10,759 ETH. The developers are optimists and they believe that the soft cap will be reached. In case that doesn’t happen, all participants will have the option to get their ETH back.\n\nWhen it comes to the countries that can participate, the crowd sale is open to residents of countries all over the world except Nepal, Morocco, Kyrgyzstan, Ecuador, Mainland China, Cambodia, Bolivia, Bangladesh, and Algeria. There is a special rule for the United States where only accredited investors will be accepted.\n\nKeep in mind that KYC or Know Your Customer rule is in effect for Parsec Frontiers crowd sale, which means that you will need to verify your ID. The developers emphasize that they were forced to apply it so that they can comply with Counter-Terrorist Financing and Anti-Money Laundering policies across the world.\n\nIf you want to register for the crowd sale, you can do that by filling the form on the official website.\n\n# Find Out More:\n\nWebsite: https://parsecfrontiers.com/\n\nTwitter: https://twitter.com/parsecfrontiers\n\nFacebook: https://www.facebook.com/ParsecFrontiers/\n\nDiscord: https://discordapp.com/invite/wpWQgUP\n\nTelegram: https://t.me/ParsecFrontiers\n\nBitcointalk: https://bitcointalk.org/index.php?topic=2518785.0\n\nReddit: https://www.reddit.com/r/parsecfrontiers/\n\nYouTube: https://www.youtube.com/channel/UCbGLdR11-jFasFpNHsjNeMg",
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