Echelon Foundation Delays PRIME Founder Token Release

Bittime - The Echelon Foundation, at the request of Parallel Studios, postponed the PRIME Founder token release schedule to ensure the long-term stability and growth of the Echelon ecosystem. This delay is expected to provide time for Parallel Studios to complete development of its product and platform, thereby creating stronger fundamentals for the PRIME token.

These changes were made to ensure the long-term stability and growth of the Echelon ecosystem. Here are the customization details:

• Parallel Studios Treasury Unlock Delay: The distribution of tokens from Parallel Studios Treasury has been delayed by one year, starting in June 2025 and ending in December 2027.
• Parallel Founders Unlock Delay: The token unlock schedule for Parallel Founders has also been postponed by one year, starting in June 2025.
• Parallel Founders Unlock Extension: The founder token unlock period was extended by one year, with the token issuance end date being December 2027.
• Token Cache Delay in Wayfinder: The token cache contained in the Wayfinder smart contract has been postponed until June 2025.

Impact of Prime Token Release Delay

This delay is expected to impact the distribution and availability of PRIME Founder tokens on the market. It is hoped that this delay will provide time for Parallel Studios to complete development of its product and platform, thereby creating stronger fundamentals for the PRIME token.

Reasons for Delaying Prime Token Release

Although the Echelon Foundation has not provided an official explanation regarding the reasons for this delay, several speculations are circulating in the community. One speculation is that this delay was made to prevent potential market manipulation and ensure a more even distribution of tokens.

Echelon Foundation and Parallel Studios Long Term Commitment

The decision to delay the release of the PRIME Founder token demonstrates the Echelon Foundation and Parallel Studios' commitment to building a sustainable and long-lasting ecosystem. By delaying token distribution, it is hoped that founders and key investors will have more time to focus on developing the project and creating value for token holders.

Looking forward to further Prime Token developments

Players in the Echelon ecosystem and PRIME Founder token holders are expected to follow further developments and wait for official information from the Echelon Foundation.

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