Parachute began as a community-centric project focused on fostering airdrops and engagement within the crypto space. It has since evolved into a community-governed ecosystem centered around its native utility token, $PAR. The project's flagship service is ParJar, a popular social tipping and payments bot used on platforms like Telegram and Discord, which allows users to instantly send and receive cryptocurrencies within chat groups. The overall mission is to build user-friendly crypto applications that promote community interaction and simplify digital asset transactions.

Founded in

Switzerland