What is Echelon Prime? What’s special compared to other projects?

Echelon Prime is a multi-purpose platform that combines decentralized finance with gaming through blockchain technology. Accordingly, the top goal of this platform is to promote the Web3 ecosystem, especially in the field of games.

Does Echelon Prime have enough power to make you feel interested and want to know more about it? If so, please take a look at the upcoming content from AZcoin!

What is Echelon Prime?

Echelon Prime is a flexible platform that combines decentralized finance with gaming
Echelon Prime is a flexible platform that combines decentralized finance with gaming

Echelon Prime is a flexible platform that combines decentralized finance with gaming through advanced blockchain technology deployed on Ethereum. According to our research, this platform was developed by Eclat World to enhance interoperability between different blockchain systems and networks.

With a focus on advancing the Web3 ecosystem, particularly in the gaming sector, Echelon Prime has developed and distributed tools to support new gaming models and economies. Additionally, the platform is built on decentralized smart contracts to ensure the highest levels of security and transparency in transactions.

Another noteworthy feature of this platform is its ability to provide tokenized assets and multi-signature transactions. This is a critical feature as it not only enhances security and efficiency in transactions but also opens up new possibilities for asset management and investment within the gaming community.

Outstanding features from Echelon Prime

Let's learn about the outstanding features of Echelon Prime
Let’s learn about the outstanding features of Echelon Prime

The following will be a summary and quick sharing with you of the most outstanding features and products currently available at Echelon Prime, such as:

  • Parallel Trading Cards: As an NFT trading card game and the first game partner integrated into the Echelon Prime ecosystem, players in this game can use their NFT cards to collect Prime tokens.
  • Diverse NFT Assets: The Echelon Prime ecosystem offers a range of diverse NFTs. These digital assets serve multiple purposes, including earning Prime tokens, participating in games, and accessing exclusive content.
  • Prime Events: Within the platform, players can participate in various events ranging from simple tournaments to complex treasure hunts, known as Prime Events, which offer opportunities to earn a significant amount of Prime tokens.
  • Caching: This feature allows players to accumulate rewards simply by holding Prime tokens in their wallet, encouraging active participation and motivating users to retain their tokens.
  • Prime Sinks: These are exclusive products and services locked by Prime tokens, offering various benefits such as access to exclusive trading card packs and new, exciting game modes, enhancing the overall experience for participants.

How does Echelon Prime work?

Echelon Prime operates around EADAs
Echelon Prime operates around EADAs

Echelon Prime operates around EADAs (Echelon-Approved Digital Assets), which are digital assets issued by partners within the Echelon ecosystem. These assets can take various forms, with NFTs being the most common.

The existence of EADAs brings special features or functionalities to the Echelon ecosystem or specific games. To acquire these assets, users can either purchase them from Echelon game partners or search for them on secondary markets.

Additionally, EADAs can be used to interact with Echelon’s smart contracts, a process known as caching. Caching EADAs enhances the gaming experience on the platform and allows users to earn rewards in ETH or PRIME tokens.

What is a PRIME?

PRIME is the native token of the Echelon ecosystem, playing a very important role in the platform
PRIME is the native token of the Echelon ecosystem, playing a very important role in the platform

PRIME is the native token of the Echelon ecosystem, playing a very important role in the platform through its diverse utilities.

Specifications

  • Token name: Echelon Prime
  • Ticker: PRIME
  • Token Standard: ERC20
  • Blockchain: Ethereum
  • Total Supply: 111.110.000 PRIME
  • Circulating Supply: 25.970.000 PRIME

Distribution rate

Currently, PRIME tokens are being allocated according to the following ratio:

  • Gameplay Pool: 31%
  • Parallel Studios Reserve: 19.7%
  • Parallel Studios Investors: 16.2%
  • Caching: 14.1%
  • Echelon Foundation Reserve: 11.2%
  • Prime Event: 7.1%

Echelon PRIME Use Cases

PRIME tokens are used for the following main tasks:

  • Staking to receive rewards.
  • Participate in voting on governance proposals.
  • Buy items in the game that belong to the ecosystem.
  • Access premium services or exclusive content.

Where can PRIME be traded?

If you are looking for a place to trade PRIME tokens, the best crypto exchanges we recommend for you are Uniswap, Coinbase,…

Conclusion

Coming here is also the end of all the content that we can learn and share with you about the Prime platform. Hope you enjoy this content and see you again in other content from AZcoin.

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