The challenge with creating a parallax website that is basically text is that it is not exciting, which is the whole point of having a parallax website in the first place. With that being said, creating a beautiful typographic website is not impossible. Here is a neat project that could be used for inspiration.
The use of photography in this piece is quite stunning, and the font choice is absolutely inspirational. The variations of the grids is also dynamic. It is definitely a must to share with students in web typography.