Echelon Prime (PRIME)
Echelon, officially known as the Echelon Prime Foundation, is a non-profit organization focused on creating and nurturing a gaming and Play-to-Earn (P2E) ecosystem for game developers. Utilizing the Ethereum blockchain and an ERC-20 token called PRIME, Echelon operates within the web3 framework to support decentralized gaming innovation. The foundation’s community-driven and open-source methodology allows the ecosystem to evolve with the involvement of its members. Community-elected leaders, known as Emissary Primes, will eventually manage the foundation, ensuring that the ecosystem remains in the hands of the community.
Echelon's platform is designed to encourage participation through the allocation of limited-supply PRIME tokens. These tokens support resource allocation, smart contracts, and NFT issuance within the ecosystem, promoting a decentralized gaming community.
The Echelon ecosystem
Echelon's ecosystem is built around the PRIME token economy, supporting innovative gaming and collection environments with P2E mechanisms. Key stakeholders in this ecosystem include:
| Ticker | PRIME |
| Category | Smart Contract Platform |
| Website | https://echelon.io/ |
| @EchelonFND | |
| Contract Addresses | |
|---|---|
| ethereum | 0xb2...cf Copied! |
| base | 0xfa...1bCopied! |
Ecosystem managers: PRIME holders contribute to community treasury decisions, oversee smart contract audits, and elect foundation members. The Echelon Prime Foundation is led by elected board members who ensure the implementation of community-driven decisions.
Players and collectors: A significant portion of the initial PRIME supply is available for earning through skill-based emissions in P2E gaming. PRIME holders benefit from governance rights, early access to NFT sales, and other perks.
Content producers: Developers can use Echelon's smart contracts and tools, encouraging asset interoperability and collaboration within the ecosystem.
Parallel TCG
Parallel TCG is a science fiction-themed trading card game. It offers players the opportunity to use PRIME within the game through various products and experiences known as PRIME Sinks and to earn the token through gameplay.
Parallel Colony
Parallel Colony is a simulation game where players collaborate with an AI Avatar to manage a mining colony. Each avatar has a digital wallet signifying ownership of digital assets, including ERC 1155s and PRIME tokens.
Technology in the Echelon ecosystem
Echelon provides a range of technologies accessible to its ecosystem members through software tools and Software Development Kits (SDKs).
Inb0x
Inb0x is a secure messaging tool for web3 applications, using end-to-end encryption. Users connect through their MetaMask wallet, engage in secure communication with Ethereum addresses, and interact with NFTs.
PR[SYS]
The pack reservation system, PR[SYS], is an NFT distribution mechanism that manages orders efficiently, reducing network impact and enhancing user experience. It involves reservation, payment, reveal, and distribution processes to ensure streamlined NFT transactions.
Faucet
The Faucet is a mechanism for distributing NFTs, allowing users to obtain an NFT by paying a gas fee for transaction initiation.
Game oracles
Game oracles track player performance and NFT interactions, activating smart contracts for PRIME distribution and organizing data to support games through APIs.
Dynamic repricing oracle
This oracle adjusts the pricing of PRIME Sinks, maintaining a balance between game reward supply and sink replenishment.
Echelon digital assets
NFTs
Echelon-approved NFTs include all NFTs introduced by ecosystem games, gaining community approval through governance processes.
Primary NFTs
Primary NFTs are identified to initiate the Echelon ecosystem, offering benefits such as staking and facilitating PRIME distribution to NFT holders.
Cornerstone NFTs
Cornerstone NFTs are designated by projects within the ecosystem, contributing foundational value through decentralized mechanisms.
PRIMEsets
PRIMESets are collections of NFTs from specific games, with staking opportunities for continuous PRIME earnings and community governance for modifications.
PRIME token
PRIME token overview
PRIME serves as the utility token for Echelon, facilitating token-gated products and experiences known as PRIME Sinks. With a fixed supply, it supports the decentralization and distribution of the ecosystem.
The token allocation includes:
- 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%
PRIME enables P2E economies, acts as a payment method, and provides governance capabilities within the ecosystem.
PRIME rewards
Players earn PRIME by participating in games, with allocations reflecting the success and popularity of Echelon-approved games.
PRIME sinks
PRIME Sinks are integrated within games, requiring PRIME payments to support development and reward pools. The pricing is dynamically adapted, and new Sinks require community governance approval.
Live sinks
- Artigraph: Digitally signed Parallel cards used in the game.
- Payload: Acquiring random Parallel cards.
- Echos: NFTs reproduced from existing cards.
- Terminals: Refining Shard Fragments for in-game rewards.
- Avatars: 3D models representing characters from different factions.
- Glints: Currency for non-NFT transactions in Parallel TCG.
- Cosmetics: Digital collectibles enhancing gaming experiences, purchasable with PRIME.