What is Echelon Prime?

IntermediateMay 20, 2024
In this article, we'll explore what makes Echelon Prime stand out, its history, and explain how you can participate and invest in this vibrant ecosystem.
What is Echelon Prime?

Introduction

Echelon Prime, a gaming environment, supports the sci-fi trading card game Parallel TCG while introducing a new level to blockchain gaming. The PRIME token is at the center of this ecosystem, powering a wide range of interesting, token-gated products and experiences within Echelon’s games. Echelon Prime is a pioneering effort to combine blockchain technology with interactive entertainment. This platform uses the PRIME token to enhance gameplay with new dynamics like PRIME Sinks, which lets players utilize their tokens to access exclusive game features and incentives.

Whether you’re a seasoned player eager to grasp the mechanics of blockchain in gaming or a newbie interested in the possibilities of digital collectibles and interactive experiences, Echelon Prime provides a comprehensive suite of games and tools to expand your gaming experience.

What is Echelon Prime?

Echelon Prime is a dynamic and unique gaming ecosystem that uses its own digital money, PRIME. This ecosystem is intended to enable a range of gaming experiences, with its flagship offering being the Parallel Trading Card Game (TCG), a science fiction-themed card game now in open beta. Echelon Prime is more than just a single game; it aims to create a fully immersive ecosystem in which digital assets such as trading cards and in-game objects have real-world worth owing to blockchain technology.

History of Echelon Prime, Origins and Key Persons

The evolution of Echelon Prime is profoundly anchored in the intersection between blockchain technology and the dynamic and immersive gaming world. Parallel Studios founded this platform, which has carved out a unique niche in the blockchain gaming market by combining digital asset ownership and economic gameplay.

Origins of Echelon Prime

Parallel Studios, a team of gaming industry veterans and blockchain professionals, developed Echelon Prime to combine gaming’s deep interaction with blockchain’s breakthrough technology. The idea was to build a digital environment where each asset had real-world worth, backed by blockchain’s security and transparency. The project began with a strong emphasis on developing a solid digital infrastructure capable of processing many secure transactions quickly, ensuring that the game experience stays fluid and exciting.

The Echelon Prime ecosystem is spearheaded by key figures who bring diverse expertise and vision to the platform. Their leadership ensures that Echelon Prime remains at the forefront of integrating blockchain technology with dynamic gaming experiences. One of them is Joshua Mendoza, the president who oversees all corporate operations at Echelon Prime. His role includes maintaining strong operational and strategic relationships with all personnel and clients, ensuring the company’s vision aligns with its growth strategies and operational excellence. His leadership is crucial in steering the company through expansions and enhancing its market presence in the blockchain and gaming industries. Hung Nguyen is tasked with shaping the visual and interactive elements of the Echelon Prime ecosystem. His work is central to creating engaging and immersive experiences for users, reflecting the innovative spirit of the platform. His designs appeal aesthetically and enhance the usability and enjoyment of the games within the Echelon Prime portfolio.

Launch of Parallel TCG


Source: PRIME documentation

Parallel TCG, Echelon Prime’s main game, represented a significant milestone in the project’s history. It launched a trading card game that amused and provided participants with tangible ownership of digital items through NFTs (Non-Fungible Tokens). This technique allowed gamers to trade, sell, and invest in their gaming assets outside the virtual world, adding economic value to the gaming experience. The game quickly gained popularity due to its innovative use of blockchain, high-quality visuals, and captivating narrative, attracting a community of gamers, collectors, and cryptocurrency enthusiasts.

Key Figures in the Development

Echelon Prime’s success can be ascribed to the strategic guidance and creativity of key figures from Parallel Studios. The founders, who coupled blockchain expertise with a passion for gaming, provided Echelon Prime’s initial vision and direction. Developers and blockchain engineers created the game’s underlying technology, which ensures scalability, security, and smooth integration of blockchain aspects. Parallel TCG’s aesthetic and storytelling are defined by its immersive realms and elaborate designs by artists and storytellers.

Community Impact and Expansion

Community feedback has been critical to the development of Echelon Prime. Numerous modifications have been made based on player feedback to improve gameplay, tokenomics, and user engagement. This participatory development method has enabled Echelon Prime to not only expand its user base but also to maintain a dynamic and developing gaming environment that responds to the needs of its community.

Key Features of Echelon Prime

Echelon Prime is a whole ecosystem that includes unique features meant to improve both the gaming experience and player engagement through blockchain technology. Some primary elements distinguish Echelon Prime in the digital and blockchain gaming space.

Parallel TCG (Trading Card Game)


Source: PRIME documentation

Echelon Prime is built around the Parallel Trading Card Game, a science fiction-themed card game that combines strategy, collectibility, and tactical gameplay. Each card in Parallel TCG is tokenized as an NFT, ensuring players own their digital assets. This enables a real-world trading market in which cards can be purchased, sold, or exchanged across many platforms.

PRIME Token Utility

The PRIME token is central to the functionality within Echelon Prime, serving multiple roles:

Currency: Used for purchasing cards, entering tournaments, and accessing unique in-game content.

Governance: PRIME holders can vote on key aspects of the game’s development and updates, influencing the direction of the ecosystem.

Reward Mechanism: Players earn PRIME through gameplay, promoting active participation and ongoing engagement with the games.

Prime Sinks

Prime Sinks are a feature within Echelon Prime, serving as mechanisms to utilize PRIME tokens within the ecosystem. These include buying special game cards, unlocking unique features, and accessing exclusive content. Prime Sinks helps manage the circulation of PRIME, supporting a stable economic environment within the platform. Some of the live sinks include Artigraph, Payload, Echos, Terminals, Avatars, Glints, and Cosmetics.


Source: PRIME documentation

Digital Ownership and NFT Integration

Echelon Prime stresses actual digital ownership, made possible by blockchain technology. Players can own, display, and use their non-fungible tokens (NFTs) within the game, offering a level of security and ownership not found in traditional video games.

Diverse Gaming Experiences

Beyond Parallel TCG, Echelon Prime intends to broaden its portfolio with games such as Parallel Colony, a simulation game that incorporates strategy and resource management. This diversification means that players can enjoy a range of gaming experiences while remaining within the same ecosystem.

Community-Driven Development

Echelon Prime places a high value on community involvement. The platform encourages user feedback and engagement, which is supported by the PRIME token-enabled governance paradigm. This technique ensures that the ecosystem changes in response to the requirements and preferences of its members.

Scalability and Security

The architecture of Echelon Prime is strategically built on the Ethereum blockchain, known for its robust and secure infrastructure. This choice ensures that the platform is both scalable and secure, allowing for an increasing number of transactions and interactions without sacrificing efficiency. Integrating Ethereum’s blockchain technology is critical for maintaining a smooth and interesting user experience as Echelon Prime expands.

Educational and Social Features

Echelon Prime also has educational components to help new users comprehend blockchain and its application in gaming. Guilds, chat systems, and competitions promote a sense of community and competition, which increases player engagement.

How Does Echelon Prime Work?

Echelon Prime operates at the convergence of gaming and blockchain technology, establishing a platform in which digital assets are not only used for games but also have real-world economic value. Here’s a detailed look at how Echelon Prime works, from its gameplay mechanics to its economic and government structures.

Gameplay Mechanics

The cornerstone of Echelon Prime’s functioning is its games, with Parallel TCG serving as its flagship offering. Players compete in strategic card fights that require skill, strategy, and a little chance. Each card in the game represents a blockchain-based digital asset, often a non-fungible token (NFT). Each card is unique, the player owns it, and it may be traded or sold outside the game.

Earning and Using PRIME: Players gain PRIME, Echelon Prime’s native utility token, through gameplay. Winning matches, accomplishing particular missions, and engaging in community activities can all result in PRIME tokens. These tokens can then be used throughout the ecosystem to buy new cards, gain access to special game modes, and participate in exclusive tournaments.

PRIME Sinks: The platform employs a concept called “PRIME Sinks,” which are various ways that PRIME is used within the ecosystem that help control the circulation of the token and add depth to its utility. These include purchasing in-game items, unlocking new features, or participating in governance.

Governance System


Source: PRIME documentation

Governance is firmly incorporated into Echelon Prime’s operations, with PRIME holders having a vote in critical ecosystem decisions. This democratic method ensures that game creation and resource management are aligned with community objectives. Players can propose improvements or new features for the game. Other PRIME holders can vote on these suggestions, with each token representing one vote. This approach allows users to affect the game’s development direction directly. Regular community surveys and conversations assist in evaluating player mood and inform administrative decisions made by developers. This constant feedback loop keeps the games fresh and aligned with user expectations.

Is PRIME a Good Investment?

Investing in PRIME, the Echelon Prime ecosystem’s native token, requires understanding its significance within the gaming platform and the larger digital asset market. PRIME is intimately connected with the Echelon Prime ecosystem. It is used to purchase in-game products, access unique content, and participate in governance. This intrinsic utility creates a steady demand for the token, which can increase its value.

The economic architecture of Echelon Prime is intended to maintain the token’s stability and growth potential. PRIME sinks, or devices that use and lock up the token for various purposes, help regulate its supply and market value. As Echelon Prime expands its game options and attracts more people, higher activity may enhance demand for PRIME. The success of games like Parallel TCG and planned releases like Parallel Colony is essential.

The community’s active participation in governance and the platform’s ongoing development create a strong user base. This community-driven approach may improve the platform’s stability and attractiveness as an investment. PRIME, like all cryptocurrencies, is susceptible to market volatility. Because of the volatile nature of the cryptocurrency market, investments might experience considerable value fluctuations in short timeframes.

How Can You Own PRIME?

For individuals wishing to purchase PRIME directly, the coin is available on several cryptocurrency platforms. To purchase PRIME through these exchanges, you must create an account and complete the KYC (Know Your Customer) processes.

Choosing an Exchange: Use a reputable exchange, such as Gate.io, that supports PRIME. Consider the exchange’s security measures, transaction costs, and user interface.

Purchasing PRIME: Once you’ve created and funded your exchange account, you can purchase PRIME with fiat currencies like USD or other cryptocurrencies, depending on the pairings offered on the exchange.

Tokenomics


Source: Documentation

PRIME’s tokenomics—the native utility token of the Echelon Prime ecosystem—is a structured architecture that ensures the token’s stability, value, and utility on the gaming platform. The total number of PRIME tokens is limited to 111,111,111, which establishes a finite resource and helps to maintain its value over time. PRIME is carefully distributed to assist ecosystem growth and sustainability.

Gameplay Rewards: 35,227,778 PRIME (31.7% of total supply) are allocated for gameplay rewards. This pool incentivizes players to engage with the games by offering PRIME as a reward for achievements and participation.

Parallel Studios Reserve: 21,848,889 PRIME (19.7% of total supply) are reserved for the development studio behind Echelon Prime, supporting ongoing development and operational costs.

Parallel Studios Investors: 18,044,478 PRIME (16.2% of total supply) are allocated to investors who provided funding for the project’s initial development and expansion.

Caching: 15,666,667 PRIME (14.1% of total supply) are set aside for caching purposes, likely used for liquidity and market stabilization mechanisms.

Echelon Foundation Reserve: 12,428,333 PRIME (11.2% of total supply) support the foundation overseeing the ecosystem’s governance and strategic direction.

Prime Events: 7,895,000 PRIME (7.1% of total supply) are designated for special events and promotions to engage the community and stimulate activity within the ecosystem.

PRIME’s circulation is carefully maintained through multiple sinks and distribution systems to minimize inflation and promote a healthy economy within the platform.

PRIME Sinks: These are token-gated activities or goods in Echelon Prime that require PRIME to use. Examples include specific in-game products, features, or experiences that improve gameplay and temporarily remove PRIME from active circulation, allowing for better control over the token’s supply.

Sink Schedule Adjustments: Over time, the allocation of PRIME to various sinks is changed to reflect the ecosystem’s changing needs. This dynamic distribution helps to strike a balance between conserving value and promoting expenditure on the platform.


Source: PRIME documentation

News

Launch of Revolutionary Guild System


Source: https://echelon.io/article/echelon-bonds-alpha/

Echelon Prime is preparing to launch a revolutionary guild system called “Bonds,” which will revolutionize the sharing and lending of digital goods within the gaming community. This new feature is intended to improve the gaming experience by enabling the gasless and permissioned exchange of digital assets, such as NFT cards, among games in the Echelon ecosystem. As Bonds enter their Alpha testing phase with selected players and administrators from five distinct Bonds, this approach provides a new development opportunity by allowing players to borrow NFT cards and full decks at no upfront cost.

Parallel Colony Beta Release

Echelon Prime recently launched the beta version of Parallel Colony, a new game within the ecosystem that combines AI-driven avatars with resource management and strategy. This release marks a significant expansion of the gaming options available to PRIME token holders and introduces new ways for players to earn and spend PRIME.

Parallel TCG New Card Sets

The latest expansion of card sets in Parallel TCG has been released, introducing new cards with unique abilities and artwork. These cards are designed to shake up the game meta and provide fresh strategies for players.

New Gaming Studio Partnerships

Echelon Prime has partnered with several indie game studios to broaden the range of games and experiences on the platform. These partnerships are expected to introduce new genres and playstyles, enriching the ecosystem.

Future Roadmap and Announcements

Echelon Prime has teased the development of new games, which are currently in the conceptual phase. More details about these games will be revealed in the upcoming quarters. Plans for a major upgrade to the Echelon Prime platform have been announced, focusing on enhanced user interfaces, improved transaction speeds, and expanded NFT functionalities.

Conclusion

Echelon Prime stands out for its innovative approach to incorporating blockchain technology in a way that improves the game experience while also providing actual economic value to its customers. The platform’s emphasis on community-driven development and governance ensures that it is responsive to its players’ requirements and preferences, constantly evolving depending on their feedback. With its well-planned tokenomics and diversified use cases for the PRIME token, Echelon Prime provides numerous economic opportunities within the ecosystem, ranging from gameplay rewards to governance and investment. Echelon Prime’s constant development of new games, features, and community events, together with strategic alliances and technology advancements, establishes it as a dynamic and expanding force in the blockchain gaming industry.

Take Action On PRIME

Check out the PRIME price today and start trading your favorite currency pairs:

Author: Piero Tozzi
Translator: Paine
Reviewer(s): KOWEI、Matheus、Ashley
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.io.
* This article may not be reproduced, transmitted or copied without referencing Gate.io. Contravention is an infringement of Copyright Act and may be subject to legal action.

Introduction

What is Echelon Prime?

History of Echelon Prime, Origins and Key Persons

Key Features of Echelon Prime

How Does Echelon Prime Work?

Is PRIME a Good Investment?

How Can You Own PRIME?

Tokenomics

News

Conclusion

Take Action On PRIME

What is Echelon Prime?

IntermediateMay 20, 2024
In this article, we'll explore what makes Echelon Prime stand out, its history, and explain how you can participate and invest in this vibrant ecosystem.
What is Echelon Prime?

Introduction

What is Echelon Prime?

History of Echelon Prime, Origins and Key Persons

Key Features of Echelon Prime

How Does Echelon Prime Work?

Is PRIME a Good Investment?

How Can You Own PRIME?

Tokenomics

News

Conclusion

Take Action On PRIME

Introduction

Echelon Prime, a gaming environment, supports the sci-fi trading card game Parallel TCG while introducing a new level to blockchain gaming. The PRIME token is at the center of this ecosystem, powering a wide range of interesting, token-gated products and experiences within Echelon’s games. Echelon Prime is a pioneering effort to combine blockchain technology with interactive entertainment. This platform uses the PRIME token to enhance gameplay with new dynamics like PRIME Sinks, which lets players utilize their tokens to access exclusive game features and incentives.

Whether you’re a seasoned player eager to grasp the mechanics of blockchain in gaming or a newbie interested in the possibilities of digital collectibles and interactive experiences, Echelon Prime provides a comprehensive suite of games and tools to expand your gaming experience.

What is Echelon Prime?

Echelon Prime is a dynamic and unique gaming ecosystem that uses its own digital money, PRIME. This ecosystem is intended to enable a range of gaming experiences, with its flagship offering being the Parallel Trading Card Game (TCG), a science fiction-themed card game now in open beta. Echelon Prime is more than just a single game; it aims to create a fully immersive ecosystem in which digital assets such as trading cards and in-game objects have real-world worth owing to blockchain technology.

History of Echelon Prime, Origins and Key Persons

The evolution of Echelon Prime is profoundly anchored in the intersection between blockchain technology and the dynamic and immersive gaming world. Parallel Studios founded this platform, which has carved out a unique niche in the blockchain gaming market by combining digital asset ownership and economic gameplay.

Origins of Echelon Prime

Parallel Studios, a team of gaming industry veterans and blockchain professionals, developed Echelon Prime to combine gaming’s deep interaction with blockchain’s breakthrough technology. The idea was to build a digital environment where each asset had real-world worth, backed by blockchain’s security and transparency. The project began with a strong emphasis on developing a solid digital infrastructure capable of processing many secure transactions quickly, ensuring that the game experience stays fluid and exciting.

The Echelon Prime ecosystem is spearheaded by key figures who bring diverse expertise and vision to the platform. Their leadership ensures that Echelon Prime remains at the forefront of integrating blockchain technology with dynamic gaming experiences. One of them is Joshua Mendoza, the president who oversees all corporate operations at Echelon Prime. His role includes maintaining strong operational and strategic relationships with all personnel and clients, ensuring the company’s vision aligns with its growth strategies and operational excellence. His leadership is crucial in steering the company through expansions and enhancing its market presence in the blockchain and gaming industries. Hung Nguyen is tasked with shaping the visual and interactive elements of the Echelon Prime ecosystem. His work is central to creating engaging and immersive experiences for users, reflecting the innovative spirit of the platform. His designs appeal aesthetically and enhance the usability and enjoyment of the games within the Echelon Prime portfolio.

Launch of Parallel TCG


Source: PRIME documentation

Parallel TCG, Echelon Prime’s main game, represented a significant milestone in the project’s history. It launched a trading card game that amused and provided participants with tangible ownership of digital items through NFTs (Non-Fungible Tokens). This technique allowed gamers to trade, sell, and invest in their gaming assets outside the virtual world, adding economic value to the gaming experience. The game quickly gained popularity due to its innovative use of blockchain, high-quality visuals, and captivating narrative, attracting a community of gamers, collectors, and cryptocurrency enthusiasts.

Key Figures in the Development

Echelon Prime’s success can be ascribed to the strategic guidance and creativity of key figures from Parallel Studios. The founders, who coupled blockchain expertise with a passion for gaming, provided Echelon Prime’s initial vision and direction. Developers and blockchain engineers created the game’s underlying technology, which ensures scalability, security, and smooth integration of blockchain aspects. Parallel TCG’s aesthetic and storytelling are defined by its immersive realms and elaborate designs by artists and storytellers.

Community Impact and Expansion

Community feedback has been critical to the development of Echelon Prime. Numerous modifications have been made based on player feedback to improve gameplay, tokenomics, and user engagement. This participatory development method has enabled Echelon Prime to not only expand its user base but also to maintain a dynamic and developing gaming environment that responds to the needs of its community.

Key Features of Echelon Prime

Echelon Prime is a whole ecosystem that includes unique features meant to improve both the gaming experience and player engagement through blockchain technology. Some primary elements distinguish Echelon Prime in the digital and blockchain gaming space.

Parallel TCG (Trading Card Game)


Source: PRIME documentation

Echelon Prime is built around the Parallel Trading Card Game, a science fiction-themed card game that combines strategy, collectibility, and tactical gameplay. Each card in Parallel TCG is tokenized as an NFT, ensuring players own their digital assets. This enables a real-world trading market in which cards can be purchased, sold, or exchanged across many platforms.

PRIME Token Utility

The PRIME token is central to the functionality within Echelon Prime, serving multiple roles:

Currency: Used for purchasing cards, entering tournaments, and accessing unique in-game content.

Governance: PRIME holders can vote on key aspects of the game’s development and updates, influencing the direction of the ecosystem.

Reward Mechanism: Players earn PRIME through gameplay, promoting active participation and ongoing engagement with the games.

Prime Sinks

Prime Sinks are a feature within Echelon Prime, serving as mechanisms to utilize PRIME tokens within the ecosystem. These include buying special game cards, unlocking unique features, and accessing exclusive content. Prime Sinks helps manage the circulation of PRIME, supporting a stable economic environment within the platform. Some of the live sinks include Artigraph, Payload, Echos, Terminals, Avatars, Glints, and Cosmetics.


Source: PRIME documentation

Digital Ownership and NFT Integration

Echelon Prime stresses actual digital ownership, made possible by blockchain technology. Players can own, display, and use their non-fungible tokens (NFTs) within the game, offering a level of security and ownership not found in traditional video games.

Diverse Gaming Experiences

Beyond Parallel TCG, Echelon Prime intends to broaden its portfolio with games such as Parallel Colony, a simulation game that incorporates strategy and resource management. This diversification means that players can enjoy a range of gaming experiences while remaining within the same ecosystem.

Community-Driven Development

Echelon Prime places a high value on community involvement. The platform encourages user feedback and engagement, which is supported by the PRIME token-enabled governance paradigm. This technique ensures that the ecosystem changes in response to the requirements and preferences of its members.

Scalability and Security

The architecture of Echelon Prime is strategically built on the Ethereum blockchain, known for its robust and secure infrastructure. This choice ensures that the platform is both scalable and secure, allowing for an increasing number of transactions and interactions without sacrificing efficiency. Integrating Ethereum’s blockchain technology is critical for maintaining a smooth and interesting user experience as Echelon Prime expands.

Educational and Social Features

Echelon Prime also has educational components to help new users comprehend blockchain and its application in gaming. Guilds, chat systems, and competitions promote a sense of community and competition, which increases player engagement.

How Does Echelon Prime Work?

Echelon Prime operates at the convergence of gaming and blockchain technology, establishing a platform in which digital assets are not only used for games but also have real-world economic value. Here’s a detailed look at how Echelon Prime works, from its gameplay mechanics to its economic and government structures.

Gameplay Mechanics

The cornerstone of Echelon Prime’s functioning is its games, with Parallel TCG serving as its flagship offering. Players compete in strategic card fights that require skill, strategy, and a little chance. Each card in the game represents a blockchain-based digital asset, often a non-fungible token (NFT). Each card is unique, the player owns it, and it may be traded or sold outside the game.

Earning and Using PRIME: Players gain PRIME, Echelon Prime’s native utility token, through gameplay. Winning matches, accomplishing particular missions, and engaging in community activities can all result in PRIME tokens. These tokens can then be used throughout the ecosystem to buy new cards, gain access to special game modes, and participate in exclusive tournaments.

PRIME Sinks: The platform employs a concept called “PRIME Sinks,” which are various ways that PRIME is used within the ecosystem that help control the circulation of the token and add depth to its utility. These include purchasing in-game items, unlocking new features, or participating in governance.

Governance System


Source: PRIME documentation

Governance is firmly incorporated into Echelon Prime’s operations, with PRIME holders having a vote in critical ecosystem decisions. This democratic method ensures that game creation and resource management are aligned with community objectives. Players can propose improvements or new features for the game. Other PRIME holders can vote on these suggestions, with each token representing one vote. This approach allows users to affect the game’s development direction directly. Regular community surveys and conversations assist in evaluating player mood and inform administrative decisions made by developers. This constant feedback loop keeps the games fresh and aligned with user expectations.

Is PRIME a Good Investment?

Investing in PRIME, the Echelon Prime ecosystem’s native token, requires understanding its significance within the gaming platform and the larger digital asset market. PRIME is intimately connected with the Echelon Prime ecosystem. It is used to purchase in-game products, access unique content, and participate in governance. This intrinsic utility creates a steady demand for the token, which can increase its value.

The economic architecture of Echelon Prime is intended to maintain the token’s stability and growth potential. PRIME sinks, or devices that use and lock up the token for various purposes, help regulate its supply and market value. As Echelon Prime expands its game options and attracts more people, higher activity may enhance demand for PRIME. The success of games like Parallel TCG and planned releases like Parallel Colony is essential.

The community’s active participation in governance and the platform’s ongoing development create a strong user base. This community-driven approach may improve the platform’s stability and attractiveness as an investment. PRIME, like all cryptocurrencies, is susceptible to market volatility. Because of the volatile nature of the cryptocurrency market, investments might experience considerable value fluctuations in short timeframes.

How Can You Own PRIME?

For individuals wishing to purchase PRIME directly, the coin is available on several cryptocurrency platforms. To purchase PRIME through these exchanges, you must create an account and complete the KYC (Know Your Customer) processes.

Choosing an Exchange: Use a reputable exchange, such as Gate.io, that supports PRIME. Consider the exchange’s security measures, transaction costs, and user interface.

Purchasing PRIME: Once you’ve created and funded your exchange account, you can purchase PRIME with fiat currencies like USD or other cryptocurrencies, depending on the pairings offered on the exchange.

Tokenomics


Source: Documentation

PRIME’s tokenomics—the native utility token of the Echelon Prime ecosystem—is a structured architecture that ensures the token’s stability, value, and utility on the gaming platform. The total number of PRIME tokens is limited to 111,111,111, which establishes a finite resource and helps to maintain its value over time. PRIME is carefully distributed to assist ecosystem growth and sustainability.

Gameplay Rewards: 35,227,778 PRIME (31.7% of total supply) are allocated for gameplay rewards. This pool incentivizes players to engage with the games by offering PRIME as a reward for achievements and participation.

Parallel Studios Reserve: 21,848,889 PRIME (19.7% of total supply) are reserved for the development studio behind Echelon Prime, supporting ongoing development and operational costs.

Parallel Studios Investors: 18,044,478 PRIME (16.2% of total supply) are allocated to investors who provided funding for the project’s initial development and expansion.

Caching: 15,666,667 PRIME (14.1% of total supply) are set aside for caching purposes, likely used for liquidity and market stabilization mechanisms.

Echelon Foundation Reserve: 12,428,333 PRIME (11.2% of total supply) support the foundation overseeing the ecosystem’s governance and strategic direction.

Prime Events: 7,895,000 PRIME (7.1% of total supply) are designated for special events and promotions to engage the community and stimulate activity within the ecosystem.

PRIME’s circulation is carefully maintained through multiple sinks and distribution systems to minimize inflation and promote a healthy economy within the platform.

PRIME Sinks: These are token-gated activities or goods in Echelon Prime that require PRIME to use. Examples include specific in-game products, features, or experiences that improve gameplay and temporarily remove PRIME from active circulation, allowing for better control over the token’s supply.

Sink Schedule Adjustments: Over time, the allocation of PRIME to various sinks is changed to reflect the ecosystem’s changing needs. This dynamic distribution helps to strike a balance between conserving value and promoting expenditure on the platform.


Source: PRIME documentation

News

Launch of Revolutionary Guild System


Source: https://echelon.io/article/echelon-bonds-alpha/

Echelon Prime is preparing to launch a revolutionary guild system called “Bonds,” which will revolutionize the sharing and lending of digital goods within the gaming community. This new feature is intended to improve the gaming experience by enabling the gasless and permissioned exchange of digital assets, such as NFT cards, among games in the Echelon ecosystem. As Bonds enter their Alpha testing phase with selected players and administrators from five distinct Bonds, this approach provides a new development opportunity by allowing players to borrow NFT cards and full decks at no upfront cost.

Parallel Colony Beta Release

Echelon Prime recently launched the beta version of Parallel Colony, a new game within the ecosystem that combines AI-driven avatars with resource management and strategy. This release marks a significant expansion of the gaming options available to PRIME token holders and introduces new ways for players to earn and spend PRIME.

Parallel TCG New Card Sets

The latest expansion of card sets in Parallel TCG has been released, introducing new cards with unique abilities and artwork. These cards are designed to shake up the game meta and provide fresh strategies for players.

New Gaming Studio Partnerships

Echelon Prime has partnered with several indie game studios to broaden the range of games and experiences on the platform. These partnerships are expected to introduce new genres and playstyles, enriching the ecosystem.

Future Roadmap and Announcements

Echelon Prime has teased the development of new games, which are currently in the conceptual phase. More details about these games will be revealed in the upcoming quarters. Plans for a major upgrade to the Echelon Prime platform have been announced, focusing on enhanced user interfaces, improved transaction speeds, and expanded NFT functionalities.

Conclusion

Echelon Prime stands out for its innovative approach to incorporating blockchain technology in a way that improves the game experience while also providing actual economic value to its customers. The platform’s emphasis on community-driven development and governance ensures that it is responsive to its players’ requirements and preferences, constantly evolving depending on their feedback. With its well-planned tokenomics and diversified use cases for the PRIME token, Echelon Prime provides numerous economic opportunities within the ecosystem, ranging from gameplay rewards to governance and investment. Echelon Prime’s constant development of new games, features, and community events, together with strategic alliances and technology advancements, establishes it as a dynamic and expanding force in the blockchain gaming industry.

Take Action On PRIME

Check out the PRIME price today and start trading your favorite currency pairs:

Author: Piero Tozzi
Translator: Paine
Reviewer(s): KOWEI、Matheus、Ashley
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.io.
* This article may not be reproduced, transmitted or copied without referencing Gate.io. Contravention is an infringement of Copyright Act and may be subject to legal action.
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