ParaSpace 1.23.0

Paraspace Network Pte. Ltd. – Freeware – Android iOS
out of 2860 votes

Unlock Your Creative Potential with ParaSpace!

Boris Weber

04/01/2025

ParaSpace offers an innovative platform for creators to showcase their work, collaborate, and engage with their audience in immersive virtual environments.

ParaSpace is a cutting-edge avatar-based social platform that offers a unique user-generated content experience. It provides users with the opportunity to join a vibrant community where they can upload their own avatars, create customized worlds, and engage in global conversations.

Be Anything You Can Imagine

With ParaSpace, the possibilities are endless. Whether you aspire to become your favorite superhero from a movie or an anime character, this platform allows you to upload any model as your personal avatar. Gone are the days of limitations - be whoever you want to be!

What sets ParaSpace apart is its powerful avatar system, which enables users to fully customize every aspect of their avatars. From choosing their appearance to selecting accessories and expressing emotions through emotes, the options are limitless.

Discover a Multitude of Immersive Worlds

Embark on a thrilling journey as you explore a vast array of 3D immersive worlds crafted by our global community. Connect with like-minded individuals, make new friends, engage in exciting gameplay, and immerse yourself in virtual experiences that transcend the boundaries of reality.

Connect and Engage with Friends

Stay connected with friends from around the world using ParaSpace's proximity-based voice chat and textual chat features. Whether it's joining your friends in various virtual worlds or simply striking up a conversation, there are no limitations to when and where you can engage with your loved ones - all from the convenience of our mobile app.

Unleash Your Creativity

If you possess a penchant for technology, unleash your creative genius by designing and uploading your own worlds using Unity through our SDK. Share your imaginative creations with the community and witness the awe-inspiring reception they receive.

A Plethora of Games Await

ParaSpace boasts an extensive collection of diverse games, ranging from team-based competitions to thrilling solo challenges and even exhilarating survival experiences. Additionally, users can indulge in special games like hide-and-seek, ensuring that every party is filled with excitement, novelty, and never-ending fun.

Contact Us

If you encounter any issues or have any inquiries, our dedicated support team is ready to assist you. Please visit us at https://www.paraspace.tech/.

Overview

ParaSpace is a Freeware software in the category Internet developed by Paraspace Network Pte. Ltd..

The latest version of ParaSpace is 1.23.0, released on 05/02/2024. It was initially added to our database on 09/06/2023.

ParaSpace runs on the following operating systems: Android/iOS.

Users of ParaSpace gave it a rating of 5 out of 5 stars.

Pros

User-friendly interface that simplifies space management and organization.
Cloud storage options ensure data is safe and accessible from anywhere.
Collaboration features allow multiple users to work on the same projects in real-time.
Integration with other software tools and platforms enhances its functionality.
Provides scalability, allowing users to modify their storage as needed.

Cons

Limited offline functionality, requiring an internet connection for full access.
Pricing can be steep for larger teams or extensive storage needs.
Some users may find the initial setup process complex or time-consuming.
Customer support response times may vary depending on the issue encountered.
Potential overreliance on third-party integrations which may lead to compatibility issues.

FAQ

What is ParaSpace?

ParaSpace is a decentralized lending and borrowing protocol designed for non-fungible tokens (NFTs) and other digital assets.

How does ParaSpace work?

ParaSpace allows users to collateralize their NFTs to obtain loans in various cryptocurrencies, thereby unlocking liquidity from their digital assets.

What types of assets can I use as collateral on ParaSpace?

You can use various NFTs and supported digital assets that are listed on the ParaSpace platform as collateral for loans.

Is there a fee for using ParaSpace?

Yes, ParaSpace charges a small fee for platform transactions, which varies based on the operation, such as borrowing or repaying.

How do I create an account on ParaSpace?

To create an account, connect a compatible cryptocurrency wallet to the ParaSpace platform and follow the onboarding instructions.

What cryptocurrencies can I borrow or lend on ParaSpace?

ParaSpace supports a variety of cryptocurrencies; the exact list can be found on their platform under the lending and borrowing sections.

Is my data safe on ParaSpace?

Yes, ParaSpace prioritizes user security with advanced encryption and privacy measures to protect your data and assets.

Can I earn interest by lending my NFTs?

Yes, users who lend their NFTs or stablecoins on the platform can earn interest over time depending on the terms of the lending.

What happens if I can't repay my loan on time?

If you fail to repay your loan on time, your collateralized NFTs may be liquidated to cover the outstanding loan amount.

How can I contact customer support for ParaSpace?

You can reach customer support through the help section on the ParaSpace website or by connecting via their official social media channels.

Boris Weber

I am an editor at UpdateStar. I started as a support engineer, and am now specialized in writing about general software topics from a usability and performance angle among others. I telecommute from UpdateStar’s Berlin office, when I am not working remote as a digital nomad for UpdateStar. When I'm not analyzing the latest software updates, you can find me exploring new cities, immersing myself in local cultures, and discovering innovative tech trends across the globe.

Latest Reviews by Boris Weber

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