Echelon Prime (PRIME): A Web3 Ecosystem Designed for Gaming

Many people think of the global electronic surveillance program when they hear the name "Echelon." However, in the blockchain and web3 industry, Echelon has a completely different meaning. As a new web3 ecosystem specially designed for gaming, Echelon Prime (PRIME) provides a fair and decentralized gaming platform that fosters transparency while allowing traders to profit from cryptocurrencies through their gameplay.

Let's learn more about Echelon Prime (PRIME), and why it’s a great option for traders.

What Is Echelon Prime?

The Echelon Prime Foundation (PRIME) has created a game economy within the web3 ecosystem on Ethereum. It is leading innovation in novel game economies by utilizing a community-led structure and an open-source approach.

How Does Echelon Prime Work?

Echelon Prime uses a unique staking mechanism that allows traders to earn tokens funded by their assets within the ecosystem. With a PRIME token, players or traders can acquire in-game items and a variety of digital assets. They can also exchange the PRIME token for other cryptocurrencies.

Features of Echelon Prime

A notable key feature of Echelon Prime is its focus on transparency and fairness. In addition, Echelon Prime has many other features as detailed below. It’s helping to bridge the gap between the cryptocurrency and gaming industries. Echelon Prime aims to create better gaming experiences by prioritizing community and decentralization.

Parallel

Parallel, a science fiction trading card game, lets players use a deck of non-fungible token (NFT) cards to earn PRIME rewards during gameplay. It’s the first game partner of Echelon Prime. Currently in its closed alpha testing stage, only users who are granted early access can enter.

Assets

Parallel has a variety of assets, which are NFTs within the Echelon Prime ecosystem. These assets all have a specific use.

Masterpiece

Masterpieces, or MPs for short, are like the beloved guardians of any of the card’s derivative versions, such as FE, SE and PL. With a total supply of only 258 pieces — making each one a truly unique piece — owning an MP comes with many benefits, such as receiving a share in one-fifth of Echelon Prime's 5% royalty when its derivatives are traded on the secondary market. 

You'll also be able to distribute PRIME through caching till Jul 18, 2023. In addition, you can earn one free mint per Parallel base-set release, including packs and comics, as well as a portion of PRIME when its derivatives are replicated through Echoes. 

Prime Key

A Prime Key or PK was originally granted to traders who showed Parallel support during its initial phase. There’s a Prime Key total supply of 1,500. Benefits include:

• Community voting
• PRIME distribution through caching
• Traders receive one pack reservation for every pack drop found in

Catalyst Drive

There are a total of 150 Catalyst Drives (CDs). Holding a CD will allow its user to distribute PRIME by utilizing caching until Jul 18, 2023, as well as combining it with a Prime Key to create a Prime Drive.

Prime Drive

Prime Drive (PD) is the result of combining a CD and a PK. A PD has the ability to receive part of the PRIME throughput that comes from Sink Redistributions. The maximum supply of PDs is 150.

Prime Set

A Prime Set is a combination of Parallel cards, with a total of 32 Prime Set types. All of the base-set ParaSets are considered to be Prime Sets. Holders of Prime Sets can distribute PRIME via caching, and receive a portion of PRIME throughput derived from Sink Redistributions.

The Core

Another asset is The Core, with a total supply of 500. Just like the other assets, it also has the ability to distribute PRIME. The Core also rewards those who own it with one-fifth of the 5% royalty received by Echelon Prime each time there's a sale on the secondary market of a Core, CD, Key, Cardback or Art Card. It enables one additional PRIME winning game per day.

Other Keys

There are six other Keys in addition to Prime Keys. They have notable benefits, including:

• Galaxy — Raises PRIME emissions to allow wins of a random amount.
• Multifold — Enables copies of apparitions (non-NFT cards) in a particular deck to be counted as NFTs.
• Surge — Increases Renown (XP) that’s earned when you win games.
• Overclock — Raises PRIME emissions that are applied for win streaks.
• Prismatic — A Parallel card is chosen every day. During that particular day, PRIME emissions are raised for winning games for that specific Parallel card.
• Gravity — Allows traders to have an opportunity to earn legendary rewards, such as cosmetics, rare titles, tournament tickets and emotes.

Prime Events

Prime Events were a series of five snapshots taken between Feb 13, 2022 and Feb 3, 2023 to reward users who hold Parallel cards with PRIME. The reward was meant to incentivize users for collecting more Parallel cards and Prime Sets. A total of 10 million PRIME tokens were doled out.

Caching

Caching is a process used to deposit assets that are within the Echelon Prime smart contracts in exchange for PRIME rewards. This allows traders/players to encounter a customized experience on Echelon Prime, in games, or on gaming partners' platforms. The experience is tailored to the items you have cached. Players have been able to cache their assets since Jul 18, 2022, and will continue to be able to do so until Jul 18, 2023.

Prime Sinks

There are many goods and services you can obtain for PRIME via smart contracts. One of these is PRIME sinks, which refill the gameplay pool by using Sink Redistributions, and also grant utility to PRIME.

Governance

Echelon Prime (PRIME) uses two pillars for governance.

1. The Governance Portal, which allows PRIME holders to influence the ecosystem.
2. Emissaries Prime, which allows PRIME holders to influence the ecosystem through Bulletins.

Echelon Prime Road Map

Since its creation, Echelon Prime has made important strides in its development. Some of Echelon Prime's achievements include:

1. Successful fundraising: Echelon Prime raised funds during its initial coin offering (ICO). This strategy created key partnerships and assisted the development of its platform.
2. Success of the Echelon Prime platform: The platform was developed by utilizing the Ethereum blockchain. By using smart contracts in gameplay, it ensures transparency and fairness. The platform's unique staking mechanism allows traders/players to earn cryptocurrency while playing games.
3. Expansion of the Echelon Prime ecosystem: Echelon Prime has been able to expand its ecosystem through key partnerships. Many gaming companies are coming on board for this expansion.
4. Higher level of user adoption: Echelon Prime has attracted a larger variety of users to its platform. This was accomplished by offering rewarding and innovative gameplay experiences.
5. New features: Echelon Prime is developing more features on its platform to provide players with more chances to earn and spend their cryptocurrency.

In the future, Echelon Prime is projected to achieve the following:

1. Continue the expansion of the Echelon Prime ecosystem: Echelon Prime seeks to continue growing its ecosystem. They plan to accomplish this through more partnerships with a number of gaming companies. In addition, they’re also looking to integrate with other blockchain platforms.
2. Higher user adoption: Echelon Prime also wants to attract a higher number of users by providing innovative gameplay experiences.
3. Continue to provide higher levels of privacy and security: Echelon Prime continues to strive for top-level privacy and security on its platform. By using advanced cryptography and various security measures, Echelon Prime will provide a higher level of protection to its users' data and assets.

PRIME Tokenomics

PRIME is the native token of Echelon Prime, with a total supply of 111,111,111 tokens. It has an initial distribution as follows:

• Gameplay Pool: 30%
• Investors: 16.24%
• Founding Team: 15.06%
• Caching: 14.1%
• Echelon Foundation Reserve: 10.996%
• Prime Events: 9%
• Parallel Studios Reserve: 4.6%

Where to Buy PRIME

Looking to trade PRIME? Look no further, as it’s available for trade on Bybit. Simply create an account, fund the account with cryptocurrency or fiat currency, and navigate to the PRIME/USDT Spot Trading page to start. 

Is PRIME A Good Investment?

Ultimately, the success of Echelon Prime (PRIME) as an investment depends on the trader/player's unique financial goals, investment strategy and risk tolerance. Overall, Echelon Prime (PRIME) has a high potential for profitability. Its growth prospects seem favorable, but of course, it’s imperative that you do your own research before investing in any cryptocurrency, including PRIME.

Closing Thoughts

The Echelon Prime Foundation represents the next generation of gaming. As a leader in privacy and transparency, it’s transforming the world of game economies. Parallel, an innovative card game, allows players to trade NFT cards and earn PRIME tokens through gameplay.

Echelon Prime is expected to continue to grow as it is now a leader in providing traders with a decentralized and fair gaming platform.

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