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What Is Echelon Prime GameFi and How to Buy PRIME Tokens?

2023-08-24 09:02:50
Echelon Prime

Echelon Prime is a decentralized play-to-earn game built on the Ethereum blockchain and powered by Parallel TCG and more, utilizing its native token, PRIME. Echelon Prime provides players with the opportunity to earn PRIME by participating in ranked matches and other gaming activities. PRIME tokens can be used to purchase in-game items, participate in events, and stake for rewards.

In this article, we will discuss Echelon Prime, explaining how it works. We will also cover Echelon EADAs digital assets, the native token of the Echelon Prime ecosystem - "PRIME," its tokenomics, the history of Echelon Prime, its features, and the value of the PRIME token. Lastly, we will provide concise guidance on purchasing PRIME tokens.

What Is Echelon Prime Game?

Echelon Prime is a Web3 ecosystem advancing the next generation of “blockchain” gaming. It creates and distributes tools to encourage innovation in and promote the growth of, novel gaming models and economies. The first game to adopt and utilize PRIME is Parallel, a sci-fi trading card game. Echelon Prime Game is powered by Parallel TCG and more with its native token, PRIME. If you're a fan of sci-fi trading card games, then Parallel TCG is sure to captivate you. The game is all set to launch its beta in July 2023, promising an immersive and futuristic gaming experience.

In the gameplay of Parallel TCG, players have the opportunity to earn PRIME by participating in ranked matches. Your skill-based matchmaking rating, known as Ladder Rank, plays a significant role in determining your PRIME earnings per win. Additionally, certain "Keys" can boost your PRIME earnings, such as Galaxy, which increases PRIME emissions by a random amount, and Overclock, which enhances PRIME emissions for win streaks. In Parallel, players can also earn PRIME by winning ranked games. The amount of PRIME earned per win depends on the player's rank and the difficulty of the opponent. Players can also earn PRIME by staking PRIME tokens.

The number of NFTs (Non-Fungible Tokens) in your deck also influences your PRIME earnings, as more NFT cards mean more PRIME. Achieving a higher win streak can also lead to increased PRIME earnings. However, keep in mind that there is a daily cap on PRIME emissions, set at approximately five wins. To gain an extra PRIME-winning game per day, players can take advantage of "The Core," a limited supply item offering additional benefits.

Within the Echelon Prime Game, players can access Token-gated products, services, and experiences known as "Sinks" using their accumulated PRIME. Terminals are one such example, enabling communication between different systems and outposts in each Parallel. Players can also use PRIME to refine Shard Fragments into Batteries and activate Terminals to reveal exclusive in-game rewards.

AntiGraphs is a Live Sink that offers unique digital signatures for Parallel cards which add an extra element of excitement to the game. These digitally signed cards flash their signature when entering the game field, and each card has a limited number of signed versions.

Despite being in its early stages, Echelon Prime holds immense potential to transform the gaming industry. The integration of blockchain technology enables Echelon Prime to establish a fair and transparent gaming environment, where players can be duly rewarded for their expertise and time invested. Whether diving into Payloads or Echoes, the Echelon Prime Game offers a myriad of immersive experiences, captivating players within its gaming ecosystem.

What Are EADAs?

EADAs, short for Echelon-Approved Digital Assets, are digital assets typically issued by gaming partners who have become part of the Echelon ecosystem. These assets come in various forms, with non-fungible tokens (NFTs) being the most common, offering unique features or functions within the Echelon ecosystem or specific games.

To acquire EADAs, interested individuals can make purchases through Echelon's gaming partners or explore secondary marketplaces like OpenSea, Gem, and Rarible. The process involves funding one's crypto wallet with Ether (ETH) or USDC, which can be obtained from cryptocurrency exchanges.

A key concept related to EADAs is "caching," which involves depositing these assets into Echelon smart contracts. By caching EADAs, users can enhance their gaming experience on Echelon or other platforms collaborating with gaming partners, as the effects and features in games may vary based on the cached items. Additionally, depending on the type of EADA cached, users may receive rewards in ETH and/or PRIME.

Currently, there are five caching pools available for EADAs:

  • Prime Set 
  • Prime Key 
  • Masterpiece 
  • Catalyst Drive 
  • The Core

What Is the PRIME Token?

The native token of the Echelon ecosystem is known as PRIME, serving a pivotal role within the Echelon game through its diverse utilities:

  1. Staking: Players can stake PRIME tokens to earn rewarding returns.
  2. Governance: PRIME holders are empowered to participate in voting on proposals that influence the future of the Echelon ecosystem.
  3. Purchasing In-Game Items: PRIME tokens act as a form of currency to acquire various in-game items, including cards, boosters, and packs.
  4. Accessing Premium Services: PRIME tokens provide access to premium services, granting users benefits like early game access or exclusive content.

With a total supply of 111,111,111 tokens, PRIME is distributed through multiple channels, such as gameplay, occasional airdrops to PRIME holders, and bounties rewarded for completing tasks like bug fixing or documentation writing.

The significance of the PRIME token in the Echelon ecosystem cannot be overstated. It fuels various ecosystem features, incentivizes players with rewards, and facilitates active participation in the ecosystem's governance.

Several notable benefits are associated with using the PRIME token within the Echelon ecosystem:

  • Secure and Transparent Transactions: Utilizing PRIME for in-game purchases ensures secure and transparent transactions recorded on the blockchain. This immutability and transparency prevent cheating or fraudulent activities among players.
  • Rewards for Skills and Efforts: By winning ranked games or staking PRIME tokens, players have the opportunity to earn PRIME, incentivizing them to enhance their gaming skills and investment.
  • Ownership of In-Game Items: Represented as NFTs, the cards in Parallel offer players a sense of ownership and uniqueness. Players can trade or sell these NFTs on the blockchain, creating an opportunity to profit from their in-game assets.

PRIME Tokenomics

PRIME Token Distribution

PRIME Token Statistics

PRIME Token Statistics

*Data source: The table above is real-time data from Coinmarketcap as of August 22, 2023

History of Echelon Prime 

Echelon Prime, established in 2022, is a decentralized gaming platform co-founded by a team of experienced game developers and blockchain enthusiasts. The platform operates on the Ethereum blockchain, utilizing its native currency called PRIME tokens. PRIME serves various utilities in the Echelon Prime Ecosystem, including in-game purchases, event participation, and staking for rewards.

Despite being in its early stages, Echelon Prime holds a vision to introduce more play-to-earn games on its platform. The ultimate goal is to revolutionize the gaming industry using blockchain technology, ensuring games are fair, transparent, and rewarding for players.

Features of Echelon Prime

  1. Parallel Trading Cards: Echelon Prime offers an exciting NFT trading card game called "Parallel." It is the first gaming partner integrated into the Echelon Prime ecosystem. In this captivating game, players can strategically use their NFT cards to collect PRIME tokens.
  2. Diverse NFT Assets: The Echelon Prime ecosystem provides a wide range of NFTs known as "Assets." These versatile digital items have multiple purposes, including earning PRIME tokens, engaging in gameplay, and accessing exclusive content.
  3. Prime Events: In the dynamic world of Echelon Prime, players can participate in "Prime Events," which are exciting periodic occurrences offering opportunities to earn PRIME tokens. These events vary in nature, from simple tournaments to elaborate scavenger hunts, ensuring an engaging experience for players.
  4. Caching: Through the "Caching" process, players can accumulate PRIME rewards simply by holding PRIME tokens in their wallets. This encourages active participation and incentivizes users to keep their PRIME tokens, establishing a mutually beneficial relationship.
  5. Prime Sinks: Within the Echelon Prime ecosystem, users encounter "Prime Sinks," exclusive products, and services gated by PRIME tokens. These sought-after sinks provide various utilities for PRIME tokens, ranging from exclusive trading card packs to access to new and thrilling game modes, enriching the overall experience for participants.

How to Buy and Trade PRIME Tokens?

CoinEx is a global cryptocurrency exchange, trusted by 5+ millions of users worldwide with 100% reserve. With its 700+ tokens supported, including PRIME, users can now trade easily and seamlessly. To purchase PRIME tokens on CoinEx, follow the steps below.

  1. Create an Account: Start by signing up for a CoinEx account.
  2. Deposit Funds: After logging in, deposit funds into your CoinEx account using any supported cryptocurrencies or deposit methods available on the exchange. Having funds in your account enables you to execute trades seamlessly.
  3. Navigate to PRIME Trading Page: Once your account is funded, go to the dedicated PRIME trading page on CoinEx. You can find a search box and enter the term PRIME to swiftly locate the trading pair associated with PRIME tokens.
  4. Choose a Trading Pair: Select the trading pair PRIME/USDT to trade PRIME against USDT (Tether).
  5. Specify the Purchase Amount: Determine the quantity of PRIME tokens you want to purchase. Input the amount in the trading interface, which will calculate the corresponding cost based on the current market price.
  6. Execute the Trade: With the specified amount, proceed to execute the trade. Confirm the details, and if you are satisfied, submit the order. 

By following these comprehensive steps, you can easily trade PRIME on CoinEx, taking advantage of the available trading pairs.

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