What drives the evolution of gaming’s next generation within the web3 ecosystem? Echelon Prime has your answer: pioneering game economies with a community-led approach.
They’re leading the way by creating new gaming experiences and economies. With an open-source approach and community input, they’re shaping the future of gaming for everyone.
As Echelon Prime continues to push the boundaries of innovation, it remains dedicated to its vision of creating a gaming ecosystem where every voice is heard, every contribution is valued, and every player is empowered to shape the future of gaming.
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Introduction to Echelon Prime (PRIME)
Echelon Prime is a platform that aims to revolutionize the gaming industry by integrating blockchain features within the platform. Users can play to earn crypto and Prime Token is the currency used for all purchases throughout the platform.
Echelon Prime also works as an organization helping development teams to introduce blockchain features into their games. Echelon provides all the necessary tools and software that you could use for innovation and growth in your gaming models.
By using software development kits, developers can integrate interactive features for players which can be used to help them earn crypto while playing. Moreover, the Prime Token is also backed by the Coinbase platform which builds its credibility.
Its main mission is to transform simple games into economies so that playing games can be productive, instead of just wasting time. Echelon emphasizes more on the decentralization of the games so that the players have more control.
The first game which used the Echelon tools and technology was Parallel TCG. It’s a card game that has been played over 150,000 times and it uses the Ethereum Prime Token as the main currency within the game. By playing the game, users can accumulate the Prime Token which they can later sell for a real-life profit.
It contains many features within the Parallel TCG game which sets it apart from its competitors. This includes the Prime Key(PK), Catalyst Drive(CD), Prime Drive, Prime Set, and the Core.
Moreover, caching is used in Echelon Prime which is a process of depositing assets in Echelon smart contracts while exchanging the Prime tokens that you received in the form of reward.
Lastly, the governance feature allows you to create and cast votes within the Echelon ecosystem. The voting would focus on smart contract libraries, governance frameworks, and communication infrastructure. So, your decision will be vital to shape the future of Echelon Prime.
The Genesis of Echelon Prime
Echelon Prime was founded in 2022 by Joshua Mendoza accompanied by very skillful blockchain and game developers.
All the team members were quite enthusiastic about changing the course of the gaming industry and introducing a play-to-earn approach which would not only build more interest among the players but also make the gaming industry profitable.
Understanding Echelon Prime’s Technology
Echelon Prime has been created for quick interactions and transactions between the players within the ecosystem. This blockchain infrastructure ensures that digital assets are stored and transferred safely.
Smart contracts technology is used within the ecosystem which helps to automate many processes. For example, governance processes, game dynamics, and the transferring of tokens. Many conditions and rules are made for these smart contracts and they only get executed when those specific rules are met.
Moreover, advanced cryptographic technology is used to record and protect transaction data of digital assets. This technique enhances the security and privacy of the overall ecosystem, preventing the loss of data in the wrong hands.
In comparison to other blockchain solutions, the Echelon prime consensus mechanism is quite environmentally friendly as uses less energy. With this approach, faster transaction speed is achieved without compromising security.
The smart contract functionality of Echelon Prime offers more programming languages and tools for development. So, complex decentralized applications can be created quite smoothly.
Tokenomics of PRIME
Below is the data that will guide you regarding the supply details of the Prime Token.
| Token Symbol | Values |
| Market Cap | $734,566,922 |
| Circulating Supply | 35,773,841 PRIME |
| Total Supply | 111,111,111 PRIME |
| Max Supply | 111,111,112 PRIME |
| Fully Diluted Market Cap | $2,280,591,290 |
PRIME’s Role in DeFi and Beyond
PRIME tokens can serve as a valuable asset for liquidity provision on decentralized exchanges (DEXs) and automated market makers (AMMs). Moreover, they can be used as collateral for borrowing and lending activities on decentralized lending platforms. Users can lock up PRIME tokens as collateral to borrow stablecoins or other digital assets, leveraging their holdings without selling them.
Additionally, PRIME holders can participate in governance processes and decision-making within DeFi protocols. By staking and voting with PRIME tokens, users can influence protocol upgrades, parameter adjustments, and allocation of resources.
The potential impact on the DeFi sector would be quite positive. PRIME’s integration into DeFi platforms increases liquidity and trading volume, contributing to a more vibrant and efficient DeFi ecosystem. Further, the availability of PRIME pairs on DEXs improves market depth and reduces slippage for traders.
How to Purchase and Store PRIME Tokens
There are many cryptocurrency exchanges that you can use to purchase and store Prime Tokens such as CoinBase, ByBit, and MEXC. Here are a few steps that you can follow to ease the purchasing process.
1. Create an Account
Firstly choose an exchange on which you want to purchase prime tokens and then create an account through their website. Click on the register button, fill up the details such as your email, and create a password.
Lastly, confirm the terms and conditions and you are all ready to go.
2. Deposit Funds
Now, it’s your turn to fund the account either through Debit/Credit cards or P2P. You will be unable to buy the Prime Token through your local currency so you would first have to buy a stable cryptocurrency such as USDT. Your USDT tokens will be stored on the platform.
3. Verification
Although everything has been completed, you will be not allowed to trade until the verification is completed. The exchange may ask for your passport and a live photo in this process.
4. Navigate to the Prime Token Page and Buy
After the verification has been completed, you can go and search “Prime Token” on the search bar and click on it. So, you will be redirected to their official spot-buying page.
Lastly, after adjusting the quantity, you should click on the buy button to purchase Prime Token.
It’s quite safe to store the Prime Tokens on the exchange you have purchased with or you can transfer it to an exchange that you believe is gonna be more secure in the future. For even more security of these prime tokens, you can transfer them to your wallets.
Market Analysis: The Position of PRIME
Although the Prime Token price has been decreasing over the past week, many technical analysts are bullish for the next week and month. According to their analysis, the Prime Token price would reach $64.71 by 14 May 2024 which is a 228% percent change from the current price.
Many expert technical analysts have different price predictions but the thing that is common in all of their analyses is the positive direction which gives us confidence that Prime will be bullish in the short term.
Prime provides many benefits that affect its price in the cryptocurrency market. This involves the staking incentives as a large number of participants are involved in it to generate passive income. Moreover, collaborations and partnerships with gaming companies also have a relation with the price of the Prime Token.
Future Roadmap of Echelon Prime
Echelon Prime has been a complete success since its creation. It was able to raise funds soon after they were launched and their mechanism was liked by many players in the gaming industry.
Echelon Prime is not gonna stop its expansion in the future as it aims to introduce gaming economies at a global level. They are aiming to collaborate with more gaming companies so that they can convince those companies to sign a partnership agreement.
Echelon Prime will also be looking to enhance and add more advanced blockchain features which would help increase the overall gaming experience of the users.
Echelon Prime also wants to work on its marketing so that more gamers are aware of Echelon Prime’s presence and vision. They want to increase their users as much as possible by providing innovative features that may uplift the gaming industry.
Moreover, Echelon will work on its platform’s security and privacy so that it can accommodate the growing number of users in the best possible manner.
They would be also looking to work on areas where there is room for improvement to establish themselves as a top-notch platform in this growing industry. They may use more advanced cryptographic features to protect their users’ data and privacy.
Conclusion: The Evolving Legacy of Echelon Prime
Echelon Prime is a vibrant ecosystem filled with creativity, teamwork, and opportunities. Innovations like Parallel TCG and Echelon-Approved Digital Assets (EADAs) encourage diversity and inclusivity.
Community members actively shape its future through governance, staking, and engagement, ensuring growth and resilience.
PRIME holds a vital role in the future of digital finance, especially in DeFi. It streamlines asset transfers, boosting DeFi adoption worldwide. Additionally, PRIME empowers community members to influence governance, steering the ecosystem’s development.
Together, these elements drive Echelon Prime towards a decentralized and prosperous future.
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Therefore, we are not responsible for the investment decision in Echelon Prime and the resulting loss.
Echelon Prime Basics
Here are some factors that investors should consider before investing in Echelon Prime.
| Cryptocurrency Features | Echelon Prime () |
|---|---|
| Publisher or Developers | |
| Headquarters (Registration Number) | |
| Symbol | |
| Platform | |
| Published Date (CMC Registration) | 2024-10-02 |
| Max Supply | 958,691,258,152,859 |
Reliability Score of Echelon Prime in 2024
These are indexes mesuring the investment reliability of Echelon Prime conducted by Coin-Labs.com.
| Investment Reliability Rating Items | Scores and Current Status |
|---|---|
| Company Activation Rate | / 10.0 CAR |
| Communication Rate | / 10.0 CR |
| Technology Transparency Rate | / 10.0 TTR |
| Development Participation Rate | / 10.0 DPR |
| Listing Status on the World's Top 10 Exchanges | Listed on 0 Exchanges |
| Number of Available Pairs Worldwide | 1 Pairs |
| Market Cap of the Cryptocurrency | 6,683,329 USD (Rank #1295) |
The table above shows the result of investment suitability evaluation for Echelon Prime.
Check out how we evaluate cryptocurrencies on the crypto rating description page.
Echelon Prime Price
Here are the price and recent trading volume of Echelon Prime. (Data of 2024-10-03 00:15:00)
| Price Items | Price and Trading Volume of Echelon Prime |
|---|---|
| Echelon Prime Price | 0.000 USD |
| Price Change 24h | -5.48% |
| Price Change 7d | -4.99% |
| Trading Volume 24h | 11 USD |
| Trading Volume Change 24h | -82.47% |
Cryptocurrency Metadata
You can check the development status and social media information of Echelon Prime through the links in the table below.
| Metadata Source | URL |
|---|---|
| 🌎 Official Website | |
| 📖 White Paper | |
| 🛰️ Source Code (GitHub) | |
| 🎺 Message Board |
Where to Buy Echelon Prime
Here are the top ten world crypto exchanges where traders can buy Echelon Prime in 2024.
| Top10 Exchanges | Listed Status | Page URL |
|---|---|---|
| Binance | Not listed | |
| Coinbase | Not listed | |
| Kraken | Not listed | |
| KuCoin | Not listed | |
| Bitfinex | Not listed | |
| OKX | Not listed | |
| Huobi | Not listed | |
| Bitstamp | Not listed | |
| Bybit | Not listed | |
| Gate.io | Not listed |
Frequently Asked Questions
What is the current price of Echelon Prime?
Echelon Prime price today is 0.000 USD. Furthermore, the price of Echelon Prime has fluctuated by -5.48% from 24 hours ago, and by -4.99% from a week ago.
Where is Echelon Prime listed?
Currently, it is listed on a total of 0 among the world top 10 exchanges.
What is the market cap of Echelon Prime now?
Currently, Echelon Prime has a market cap of 6,683,329 USD, which is ranking 1295 among cryptocurrencies worldwide.
How much is the trade volume of Echelon Prime?
Currently, 0 coins are circulating through 1 market pairs. As a result, in the last 24 hours, 11 USD of coins were traded in the market.
