PRIME is a native asset that runs on the Echelon Prime Foundation, which drives the gaming evolution within the web3 ecosystem and uses an open-source, community-driven framework to promote innovation in the gaming economy. PRIME collaborates with Parallel, a trading card game based on science fiction that uses NFT cards as gameplay. Players can earn PRIME in a play-to-earn paradigm by simultaneously advancing the web3 ecosystem's gaming industry. Holders of PRIME can use it in various ways, including Prime Sinks within the Echelon ecosystem. Players can win PRIME through gameplay, and there is a limit on the number of games a player can win daily to ensure the emission sustainability of the governance token.
A Bit About Echelon Prime
PRIME is a native asset that operates on the Echelon Prime Foundation, a platform that enables gaming evolution within the web3 system. PRIME is the ticker symbol of the Echelon Prime (PRIME) token. You can describe it as a token useful in gameplay, as it has its first partnership with Parallel, a trading card game. The token was primarily available through Prime Events and Caching. You can describe PRIME as a governance token on Echelon Prime. PRIME Holders can make, read, and participate in votes influencing the Echelon environment through governance.
Powerful play-to-earn gaming tokenCryptoLists.com
PRIME is an ERC-20 token and the native asset of Echelon Prime Foundation. The token has a fixed supply of 111,111,111.111. The token recently announced that it could be traded, and popular crypto exchanges took pride in listing it. Users can trade crypto derivatives based on PRIME to gain higher income and join perpetual future contracts with up to 200x leverage and margin trading. The governance token lets PRIME holders influence the ecosystem through the Governance Portal. PRIME was initially made available via Prime Events and Caching. PRIME has partnered with Parallel, a trading card game that will be used to reward players through the play-to-earn model. PRIME's allocation is as follows: 30% is allocated to Gameplay Pool, 16.24% is allocated to investors, 15.06% is allocated to the founding team, 14.1% is allocated to Caching, 10.9% is allocated to Echelon Foundation Reserve, 9% is allocated to Prime Events, and 4.6% is allocated to Parallel Studios Reserve. Holders can use Prime Sinks to deploy PRIME in various ways inside the Echelon ecosystem.
Utility of Echelon Prime?
PRIME is useful and carries out various operations on the Echelon Prime Foundation, a Web3 environment creating the next generation of gaming. Players who use Parallel, a science-fiction trading card game, can use PRIME as it is the first game to implement and use the token. Users will be able to spend $PRIME on digital NFT and physical items on Parallel's shop.
PRIME is usable as a governance token. Those who own PRIME have voting, viewing, proposal, and funding application rights. Holders must wait one week for ideas to be reviewed and assigned a Quorum Tier before publicizing the vote results.
The distribution of PRIME occurs to players who win games. Various factors determine the amount of PRIME you win, for instance: the base rate (standard payout for winning a game), the ladder rank (the higher your rank, the more PRIME you earn), key modifiers (keys can impact PRIME earning), and the Percentage of NFT to non-NFT cards in a deck.
Holders of PRIME can use it in the Echelon ecosystem through Prime Sinks. Also, you can begin trading perpetual future contracts with up to 200x leverage and margin trading to increase your income through using crypto derivatives based on PRIME.
Echelon Prime Price details
ETH Contract address: 0xb23d80f5fefcddaa212212f028021b41ded428cf
›› Details & Tokenomics
Advantages of Echelon Prime
+ The token is available on popular cryptocurrency exchanges.+ Players can earn PRIME through gameplay at Parallel.
+ PRIME holders can use it through Prime Sinks.
+ High ladder ranks increase the amount of PRIME you win.
+ Token holders can influence the ecosystem's decisions.
Disadvantages
- Potential competition from other play-to-earn tokens.- It's still in the early stages of development with Parallel's gameplay.
- Token holders with more tokens can manipulate ecosystem.
- Price volatility due to market price changes.
- It doesn't have a solid reputation since its newly released.
Costs
▪ Rated at 9/10PRIME costs vary depending on the crypto exchange you use to transfer funds. Confirm costs before transacting.
Reputation and Buzz
▪ Reputation rated at 8.5/10▪ Buzz rated at 8.5/10
Thanks to its updates, PRIME is establishing a solid reputation in the crypto world. Players and token holders anticipate the token's progress following its recent launch. Players expect more rewards, and its play-to-earn model attracts users to the token.
Because it offers its user several advantages, the token is well-liked. Several assessments on online forums illustrate the growing popularity of the coin, and people show their excitement as the coin continues to announce its new listings.
FAQ
Which top cryptocurrency exchanges sell PRIME?
You can see where it's listed below.
Which wallets can I use to connect and claim my rewards?
You can use WalletConnect, Torus, and Coinbase Wallet.
What determines the amount of PRIME you win in a game?
The base rate, ladder rank, key modifiers, and the percentage of NFT to non-NFT cards in a deck determine your win.
How did Prime Events distribute PRIME?
Across five snapshots, Prime Events distributed 10,000,000 PRIME to parallel card and prime set collectors.
History of Echelon Prime
26th February 2023 – Users can claim their $PRIME rewards as the Prime Event 5 rewards are live.
1st March 2023 – Echelon Prime announces that $PRIME is now transferrable; therefore, games and $PRIME holders can interact with the token on different platforms. It also marked announcements of PRIME as a new listing on a popular cryptocurrency exchange, Gate.io, which provided a trading pair of $PRIME/$USDT
2nd March 2023 – MEXC, another popular cryptocurrency exchange, announces $PRIME as a new listing.
Screenshots from Echelon Prime
More sites where to buy/sell/trade Echelon Prime
Below you can see some other platforms, exchanges and/or brokers where you can buy, sell or trade this token. Click on the logo to read our review.
Echelon Prime details and tokenomics
