The Echelon Prime Foundation issued a statement stating that its chain game Parallel Closed Alpha will be launched next Tuesday (February 28) and will unlock PRIME tokens on March 1. As of February 3, each of the nearly 60,000 wallets holding Parallel cards has a claimable balance. As of March 1, the circulating supply of PRIME is approximately 202,000
Previously, in October 2021, Parallel completed a US$50 million Series A equity financing round led by Paradigm. At that time, the overall valuation of the project was US$500 million.
