Echelon Ecosystem is a Web3 platform that provides infrastructure and tools to support blockchain-enabled games. It promotes interoperability and the circular economy. It has created a P2E (Play-to-Earn) model that facilitates the sharing of value among the entire community of players, developers and creators. Unlike traditional companies or non-profit organizations, Echelon aims to promote community-driven innovation and support for next-generation gaming within a decentralized environment
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The governance of the foundation will be determined by leaders elected by the community known as Emissary Primes, who will manage the platform and direct its future. PRIME tokens will be distributed through skill-based issuances in a play-to-earn (P2E) economy, for the benefit of players, developers and
creators.
Echelon’s unique ecosystem, including the PRIME token economy
- The main utility is participation in Echelon governance, staking, activation of premium Echelon services and P2E games.
- PRIME allows players to be rewarded with digital assets and services, purchased exclusively with PRIME, and includes items such as NFTs, in-game cosmetics, and access to governance.
- PRIME is valuable for content creators as it can be used by game development studios and projects that want to build new games and experiences within the Echelon ecosystem.
- In addition, part of the PRIME and game sink issues are distributed to token holders who bet on PRIME to protect the network and potentially unlock additional voting power in governance.
Overall, the proposal does not appear undifferentiated, therefore classified as a moderate investment
Echelon Prime Price Prediction: Will PRIME reach $100?
To reach $100, Echelon Prime will have to climb 36 times higher. At $100, PRIME’s market capitalization would be $1.9 billion. If Echelon Prime were to increase at a rate of 25% every year, it would take 17 years
to reach $100.
Given this data, let’s take a look at the viability of $100
- Investment quality — Moderate quality
- Growth needed to reach $100 — Feasible
- Market Cap at $100 — Feasible
- The time needed to reach $100 with 25% growth — Not feasible
There’s only a moderate chance that PRIME will reach $100. However, if 75% of the coins have been burned. The chances would improve. At 75% it burns
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To reach $100, Echelon Prime will have to climb 9 times higher. At $100, PRIME’s market capitalization would be $0.49 billion. If Echelon Prime were to increase at a rate of 25% every year, it would take 10 years
to reach $100.
Given the quality of the investments, a lot of work needs to be done on the use cases to be really valuable to investors.
Echelon Prime Price Prediction 2023, 2025 and 2030
Echelon Prime Price Prediction 2023 is $3.3
Echelon Prime Price Prediction 2025 is $8.2
Echelon Prime Price Prediction 2030 is $32.9
Echelon Prime Price Prediction Today
GMT: Apr 26, 2023 12:32 PM
| General Perspectives | Neutral |
| 1. The wisdom | Partially bullish |
| 1st. Market data | Partially bullish |
| 1b. Technical recommendation | Neutral |
| 2. The wisdom | Partially bearish |
| 2nd. Buzz on social media | Lower |
| 2b. Social media sentiment | Neutral |