Get up to $200 for getting started
Coinbase Logo
Echelon Prime logo

Echelon Prime

PRIME

Trade Echelon Prime today

Create a Coinbase account to buy and sell Echelon Prime on the most secure crypto exchange.

About Echelon Prime

PRIME powers the Echelon ecosystem, a scalable blockchain gaming platform that inspires builders to create and players to participate. Parallel TCG, the first game on Echelon, offers experiences that are exclusively accessible with PRIME. Players can win the token through gameplay, and builders can earn it by creating PRIME-gated game experiences.

Echelon Prime, also known as PRIME, is the native token of the Echelon Prime Foundation. This foundation is a Web3 ecosystem that seeks to advance the next generation of gaming. Echelon Prime strives to create and distribute tools that encourage innovation in gaming models and economies. The first game to adopt and utilize PRIME is Parallel, a sci-fi trading card game. Echelon Prime seeks to enhance game experiences with its PRIME token utility, providing a platform for games to leverage blockchain features.

Echelon Prime operates as a utility token within the Echelon ecosystem and its games. It powers token-gated products, services, and experiences known as PRIME Sinks. Users can use PRIME to acquire limited-edition versions of Parallel trading card game cards, submit governance proposals, and refine shard fragments as part of the platform's engagement strategy. Echelon Prime also provides a platform for games to leverage blockchain features, striving to advance web3 gaming.

Echelon Prime has a variety of potential use cases within the gaming industry. It can be used to power token-gated products, services, and experiences within the Echelon ecosystem. For instance, users can use PRIME to acquire limited-edition, signed versions of Parallel trading card game cards. Additionally, PRIME can be used to submit governance proposals, allowing users to suggest amendments to Echelon policy. It can also be used to refine shard fragments as part of the platform's engagement strategy, providing an incentive for user engagement.

Echelon Prime was developed by the Echelon Prime Foundation, a Web3 ecosystem that seeks to advance the next generation of gaming. The foundation strives to create and distribute tools that encourage innovation in gaming models and economies. The first game to adopt and utilize PRIME was Parallel, a sci-fi trading card game. The Echelon Prime Foundation is based in the Cayman Islands and operates under the laws of this jurisdiction. The foundation continues to develop and maintain the Echelon Prime token and its associated ecosystem.

Echelon Prime utilizes a consensus mechanism, often proof-of-stake or a variant, to validate and confirm transactions across its network. This mechanism has several features. It enables users to participate in the network by staking their PRIME tokens, contributing to the overall integrity of the blockchain. This decentralized approach aims to reduce the reliance on a central authority, allowing users to engage in activities on the platform. It also strives to ensure that transactions are resistant to tampering, enhancing the network's integrity. Furthermore, it intends to facilitate peer-to-peer transactions without intermediaries. This consensus mechanism is a crucial component of Echelon Prime's focus on innovation and user participation in the digital space.

Echelon Prime focuses on creating a collectible crypto card game that centers around a Parallel Space Universe. It aims to provide a gameplay experience, drawing inspiration from popular card games like Magic the Gathering and Hearthstone. Echelon Prime aims to provide a gameplay experience, allowing players to collect digital cards from themed-based sets that are constantly upgraded, adding new cards and gameplay mechanics to the mix. Players can build their own decks, mixing and matching different cards to create a playstyle that suits them. Echelon Prime seeks to contribute to the development of gaming and play-to-earn (P2E) economies, providing essential tools and infrastructure to encourage innovation in this space. It is intended to serve as an ecosystem for Web3 game developers and aims to provide solutions regarding blockchain-related aspects to potentially aid development and production time.

Echelon Prime is a non-profit organization that strives to develop the next generation of gaming and Play-to-Earn (P2E) economies within the web3 ecosystem on Ethereum. It provides essential tools and infrastructure designed to support the development of novel gaming models and economies. These tools include smart contract libraries, secure communication infrastructure, governance structures, token distribution frameworks and mechanisms, and the decentralization of the Echelon Prime Foundation itself. A critical component of this process is making this infrastructure simple for both games to adopt and players to use. This decentralization aims to allow the community to evolve and thrive as it expands, and to reflect and respond to the direction of the broad stakeholder base this model aims to attract. Echelon Prime's PRIME token is an ERC-20 token that animates this ecosystem of games. The foundation makes PRIME and P2E-focused development tools available to the ecosystem, and the community has the potential to guide future developments.

Echelon Prime's native utility token, PRIME, powers token-gated products, services, and experiences within its gaming ecosystem. The total supply of PRIME is 111,111,111, with a live circulating supply viewable on the Echelon Prime website. The token is distributed through gameplay and sink distributions, with allocations divided among the gameplay pool, Parallel Studios reserve, Parallel Studios investors, caching, Echelon Foundation reserve, and Prime events. PRIME's utility extends to facilitating community development and participation, facilitating interactions among stakeholders, serving governance purposes, and playing a crucial role in Echelon's play-to-earn model. It can also be staked, contributing to the network's stability, and activates premium Echelon services and smart contracts. The tokenomics of Echelon Prime and the utility of the PRIME token strive to improve the user experience within the Echelon gaming ecosystem.

Developers can get involved in building on the Echelon Prime platform by utilizing the tools and infrastructure provided by the Echelon Prime Foundation. This includes smart contract libraries, communication infrastructure, governance structures, token distribution frameworks, and mechanisms related to decentralization. Developers can also contribute to the Echelon ecosystem by creating and distributing essential tools designed to encourage innovation in gaming models and economies. The Echelon Prime Foundation seeks to develop an infrastructure that could be adopted by games and utilized by players. Developers may also have the opportunity to serve as Emissary Primes, contributing to the foundation's operations. The Echelon Prime Foundation has developed a platform that includes a limited supply of PRIME tokens, which are used in the allocation of resources, smart contracts, and NFT issuance protocols for the production and collection of scarce in-game resources.

Echelon Prime strives to address the scalability challenges in blockchain by implementing a variety of solutions. These include Layer 1 (On-chain) solutions such as Segregated Witness (SegWit), sharding, and hard forking. SegWit aims to change how data is stored, making blocks on the network smaller and increasing capacity for transactions. Sharding breaks down the blockchain network into smaller, more manageable data sets known as shards, which can process transactions independently, aiming to increase overall transaction throughput. Hard forking seeks to make fundamental changes to the blockchain network's properties, potentially increasing block size or reducing block creation time. Echelon Prime is also exploring Layer 2 (Off-chain) solutions like sidechains, state channels, and nested blockchains. These solutions strive to increase transaction throughput and capacity by processing transactions off-chain and periodically settling them on-chain. Echelon Prime is also exploring scalable consensus mechanisms like proof-of-stake (PoS) and delegated proof-of-stake (dPoS) as part of its efforts to streamline consensus and aims to improve throughput and scalability.

Echelon Prime has been involved in a collaboration with AdventHealth, a healthcare organization. This partnership strives to deepen health and wellness content through education, cause-based challenges, and access. The collaboration began with a challenge in support of breast cancer research, encouraging participants to commit to 150 minutes of physical activity per week and fundraise for breast cancer research. This partnership combines the fitness and healthcare sectors, providing meaningful engagement opportunities for the community. However, it's important to note that Echelon Prime has experienced challenges regarding its partnerships. For instance, there was a discrepancy regarding Echelon Prime's claim of a partnership with a major e-commerce company over a connected bike. The e-commerce company denied any formal partnership with Echelon Prime, which resulted in a change in the product's branding.

Echelon Prime is committed to maintaining the integrity of the network and user data. The Echelon Prime Foundation, which oversees the site, implements various measures to safeguard the network. These measures include the use of computer systems with limited access, housed in controlled facilities, and the application of encryption technologies like Transport Layer Security (TLS) during data transmission. The foundation also employs technological measures to protect the site from unauthorized access, tampering, and other potential security breaches. Users are required to use individual credentials, which may include biometric data, to access their information and the services. However, it's important to note that while these measures are in place, no system can be completely impenetrable. Users are advised to keep their passwords confidential and to promptly alert the foundation in case of any suspected misuse.

Echelon Prime operates on a decentralized governance model, which strives to place the future of the Echelon ecosystem in the hands of the community and/or elected leaders. The governance structure is facilitated by the PRIME token, an ERC-20 token that is used for community participation. The foundation's members, known as Emissary Primes, are elected by the community. As games are developed within the Echelon ecosystem, the community of stakeholders expands to represent each of the game communities that are formed. When the Echelon governance platform becomes available, a total of 11 leaders (known as Emissary Primes) are voted in via governance mechanisms with the intention to guide the foundation's direction. PRIME token holders can participate in the governance process by submitting or voting on proposed governance changes. This approach aims to facilitate the evolution of the community alongside any game or application that may make use of the ecosystem.

Echelon Prime addresses the challenge of onboarding new users by implementing a process that covers various aspects of user onboarding and is designed with user ease in mind. The platform aims to provide a consistent and straightforward experience for all new users. This includes a well-defined onboarding framework, detailed training for those involved in delivering the onboarding process, and the use of templates for welcome emails, checklists, and other key communications. Echelon Prime also intends to adjust the onboarding process based on user requirements, providing instructions throughout the process. The platform utilizes technology with the intention of making the onboarding process more efficient, using tools like product experience platforms, customer relationship management platforms, data collection tools, and task management platforms. Echelon Prime aims to refine its onboarding process over time based on user feedback.

Market

Market stats

Market cap

$617.4M

Volume (24h)

$5.0M

Circulating supply

35.8M PRIME

Typical hold time

18 days

Popularity

#112

All time high

$28.20

Price change (1h)

0%

Price change (24h)

-5.38%

Price change (7d)

-11.74%

News about Echelon Prime

BeInCrypto • Apr 27, 24

5 Altcoins You Should Keep an Eye on in May

These crypto assets have been overlooked in the past few weeks but the coming month could change things up.The post 5 Altcoins You Should Keep an Eye on in May appeared first on BeInCrypto.

Read more

News Article Image

Unchained • Apr 26, 24

New Bitcoin Exchange Traded Product Launches in Germany, Chasing 24/7 Trading

A fresh entrant to the exchange traded spot bitcoin market has launched with an extended-hours trading twist. ETC Group, a crypto exchange traded product (ETP) issuer with about $1.5 billion of assets under management, on Thursday launched its ETC Group Core Bitcoin ETP. It trades on the German s...

Read more

News Article Image

The Block • Apr 26, 24

Arkham Intel finds wallets associated with Wisdomtree’s Physical Bitcoin ETP WBIT

WBIT holds 8,900 BTC, worth around $579 million, across 134 wallets, Arkham Intel finds.

Read more

News Article Image

The Defiant • Apr 26, 24

Bitcoin Layer 2 Stacks Prepares for Nakamoto Upgrade, its Largest Hard-Fork Ever

The network is “transforming into a true Layer-2” said Rena Shah of Trust Machines.

Read more

News Article Image

Blockworks • Apr 26, 24

What was behind the run on Renzo’s liquid restaked ETH?

Renzo benefitted from the hyped up restaking narrative and points bonanza

Read more

News Article Image

BeInCrypto • Apr 26, 24

Learn-to-Earn and Its Impact on Crypto Literacy and User Acquisition

Amongst the many things that set the crypto space apart is its constant stream of innovation, emerging trends, and evolving narratives, all of which continually push the boundaries of finance and technology. In a dynamic industry characterized by fast-moving players, trends such as Play-to-Earn (...

Read more

News Article Image

Related Assets

Trending assets

Assets with the biggest change in unique page views on coinbase.com over the past 24 hours.

Popular cryptocurrencies

A selection of cryptocurrencies in the top 50 by market cap.

Recently added

A selection of the most recently added cryptocurrencies.

Comparable market cap

Of all the assets on Coinbase, these 12 are the closest to Echelon Prime in market cap.

Advanced trading

Here is a selection of spot and futures markets that people watch

Social

Some highlights about Echelon Prime on social media

33 unique individuals are talking about Echelon Prime and it is ranked #510 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Echelon Prime has an average sentiment score of 3.1 out of 5. Finally, Echelon Prime is becoming more newsworthy, with 0 news articles published about Echelon Prime. This is a 0% increase in news volume compared to yesterday.

On Twitter, people are mostly neutral about Echelon Prime. There were 35.71% of tweets with bullish sentiment compared to 23.21% of tweets with a bearish sentiment about Echelon Prime. 41.07% of tweets were neutral about Echelon Prime. These sentiments are based on 56 tweets.

On Reddit, Echelon Prime was mentioned in 0 Reddit posts and there were 0 comments about Echelon Prime. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

Powered by LunarCrush

Overview

Contributors

33 people

Volume rank

#510

Average Sentiment

3.1 out of 5

Twitter

Coinbase Bytes

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

Echelon Prime is on the decline this week.

The current price is $17.24 per PRIME with a 24-hour trading volume of $5.01M. Currently, Echelon Prime is valued at 38.86% below its all time high of $28.20. This all-time high was the highest price paid for Echelon Prime since its launch.

The current circulating supply of Echelon Prime is 35,773,841 PRIME which means that Echelon Prime has as total market cap of 35,773,841.

FAQ

What is the current price of Echelon Prime?

We update our Echelon Prime to USD currency in real-time. Get the live price of Echelon Prime on Coinbase.

What is the market cap of Echelon Prime?

The current market cap of Echelon Prime is $617.41M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Echelon Prime?

The all-time high of Echelon Prime is $28.20. This all-time high is highest price paid for Echelon Prime since it was launched.

What is the 24 hour trading volume of Echelon Prime?

Over the last 24 hours, the trading volume of Echelon Prime is $5.01M.

What other assets are similar to Echelon Prime?

Assets that have a similar market cap to Echelon Prime include VeThor Token, Golem, Loopring, and many others. To see a full list, see our comparable market cap assets.

How many Echelon Prime are there?

The current circulating supply of Echelon Prime is 36 million.

What is the typical holding time of Echelon Prime?

The median time that Coinbase customers hold Echelon Prime before selling it or sending it to another account or address is 18 days.

What is the relative popularity of Echelon Prime?

Echelon Prime ranks 173 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Echelon Prime?

Currently, 87% of Coinbase users are buying Echelon Prime. In other words, 87% of Coinbase customers have increased their net position in Echelon Prime over the past 24 hours through trading.

Can I buy Echelon Prime on Coinbase?

Yes, Echelon Prime is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Echelon Prime guide.

Discover ENS Profiles

Navigate the world of Ethereum Name Service (ENS) profiles. Connect, learn, and engage with the web3 community on profile.coinbase.com. Check out some of the most popular ENS profiles below.