Overview
The Echelon Prime Foundation (EPF) is a non-profit entity focused on developing and supporting a gaming ecosystem that leverages blockchain technology. By offering Web3 infrastructure products, EPF aims to empower game developers to create innovative gaming experiences. The foundation’s native utility token, PRIME, serves as the cornerstone of its ecosystem, enabling a range of functionalities across supported games.
PRIME Token
PRIME is an ERC-20 utility token integral to the Echelon ecosystem. It powers token-gated products, services, and experiences, collectively known as PRIME Sinks. The total supply of PRIME is capped at 111,111,111 tokens, with allocations distributed as follows:
- Gameplay Pool: 31.7%
- Parallel Studios Reserve: 19.7%
- Parallel Studios Investors: 16.2%
- Caching: 14.1%
- Echelon Foundation Reserve: 11.2%
- Prime Events: 7.1%
PRIME is obtainable through gameplay achievements, participation in PRIME Sinks, and purchasing on platforms like Uniswap and Coinbase. It facilitates various in-game activities, including acquiring limited-edition cards, accessing random game assets, and participating in governance.
Governance
The Echelon ecosystem incorporates a governance framework that allows community members to influence the project’s direction. Token holders can submit proposals and vote on amendments to Echelon policies, ensuring a decentralized decision-making process. The Emissaries Prime (EP) serve as the governing body, overseeing the foundation’s operations and strategic initiatives.
Ecosystem and Partnerships
EPF encourages the development of games, tools, and infrastructure to support a vibrant gaming community. Parallel TCG, a trading card game, is among the first games integrated into the Echelon ecosystem, utilizing PRIME for various in-game functionalities. The foundation actively seeks partnerships and collaborations to expand its ecosystem and enhance the utility of the PRIME token.
Grants and Community Engagement
To foster innovation, EPF offers grants to developers and teams building within its ecosystem. The grant application process is designed to support projects that align with the foundation’s mission of advancing Web3 gaming. Additionally, the community is empowered to propose and vote on governance changes, promoting active participation and decentralized governance.
