The series takes place in the near-future where rappers perform with items made of a special metal called 'Phantometal' in a new music movement known as 'Phantom Lives', said to be massively popular among the youth. 10 years ago, a top group named 'Buraikkan' performed at Club Paradox, only for the club itself to close down and Buraikkan disappearing. Now, 4 teams have been invited by the mysteriously revived Club Paradox to compete to be the top rap group with a prize of 10 billion yen awarded to the winner and a chance to challenge Buraikkan.
The first album, titled 'Paradox Live: Opening Show' was released on February 12th 2020, featuring the debut of the 4 groups: BAE, The Cat's Whiskers, cozmez and Akan Yatsura. The 1st Stage Battle started on 31 March 2020 and ended on 20 March 2021, where cozmez was declared the overall winner. During the Dope Show live concert on 20 March 2021, a new shuffle unit project which mixes the 4 groups around was announced as well as a stage play series that will begin in Fall 2021.
On the series' 2nd Anniversary livestream, the new season Paradox Live: Road to Legend was announced for a 2022 release - a new Phantom Live season to be hosted by legendary rap duo Buraikkan, the season not only brings back the original 4 units, but also introduces 4 brand new competitors - Visty, AMPRULE, 1NM8 and Gokuluck.
On May 25, 2022, an anime adaptation was announced which is set to be released in 2023.
- Paradox Live Opening Show (12 February 2020) - The debut album, featuring BAE, The Cat's Whiskers, cozmez and Akan Yatsura with their team introduction songs.
- Paradox Live Stage Battle "Desire" (31 March 2020) - The 1st Stage Battle featuring BAE vs cozmez. Winner: BAE
- Paradox Live Stage Battle "Justice" (8 May 2020) - The 2nd Stage Battle featuring The Cat's Whiskers vs Akan Yatsura. Winner: Akan Yatsura
- Paradox Live Stage Battle "Pride" (29 July 2020) - The 3rd Stage Battle featuring BAE vs The Cat's Whiskers. Winner: The Cat's Whiskers
- Paradox Live Stage Battle "Family" (2 September 2020) - The 4th Stage Battle featuring cozmez vs Akan Yatsura. Winner: cozmez
- Paradox Live Exhibition Show (25 November 2020) - The interval act, featuring all 4 teams with new songs and 1 collaboration song each with ISSA, Michell Kazuma, SKY-HI and Kumi Koda.
- Paradox Live Stage Battle "Love" (27 January 2021) - The 5th Stage Battle featuring The Cat's Whiskers vs cozmez. Winner: cozmez
- Paradox Live Stage Battle "Vibes" (24 February 2021) - The 6th Stage Battle featuring BAE vs Akan Yatsura. Winner: BAE
- Paradox Live 1st Album "TRAP" (31 March 2021) - The franchise's 1st full-length album compiling songs from Opening Show and the stage battles up till Pride and Family while adding new songs; 1 for each unit and Rap Guerrilla, the series' first 'All-Star' song.
- Paradox Live 2nd Album "Live" (21 July 2021) - The 2nd full-length album from the series compiling the Exhibition songs (except for the collaboration songs), the Love and Vibes stages battles and brand new songs including new songs for cozmez and Buraikkan.
- Paradox Live Shuffle Team Show (Vol.1) (29 September 2021) - The 1st 'Shuffle' album where the cast are grouped into 'shuffle units' consisting of members from all 4 units.
- Paradox Live Shuffle Team Show (Vol.2) (27 October 2021) - The 2nd 'Shuffle' album which continues from where the 1st volume left off.
This series contains examples of:
- Battle Rapping: The main premise of the series. Each group invited to Club Paradox are pitted against each other in a round-robin style matchup, with each team going up against the others at least once.
- Cast Full of Pretty Boys: As expected of a GCrest series.
- Character Blog: As part of the 1st Anniversary, the cast gets their own twitter accounts where they tweet about their private lives as well as their thoughts on the then-upcoming Exhibition Show.
- Color-Coded for Your Convenience: Each group has a colour to represent them in merchandise and marketing.
- BAE is red.
- The Cat's Whiskers is blue.
- cozmez is purple.
- Akan Yatsura is yellow.
- Buraikan is gold.
- Visty is pink.
- AMPRULE is green.
- 1NM8 is white.
- Gokuluck is orange.
- Dark and Troubled Past: Every character has this which forms a basis for their rap career and are forced to relive that particular moment when they use their Phantometal when performing.
- Special Guest: For the Exhibition Show, ISSA, Michell Kazuma, SKY-HI and Kumi Koda were brought in to collaborate with BAE, The Car's Whiskers, cozmez and Akan Yatsura respectively. All 4 artists are coincidentally part of the Avex label themselves.