NEWSLETTER
Blockchain gaming ecosystem <a target="_blank" href="https://x.com/EchelonFND” target=”_blank” rel=”noopener”>Step has announced a $3 million investment in Parallel Prime League, the competitive esports platform for its flagship collectible card game. <a target="_blank" href="https://x.com/ParallelTCG” target=”_blank” rel=”noopener”>Parallel.
This funding will support Seasons 2 and 3 of the league, with prize pools significantly increased to attract global competitors and raise the profile of the league.
The investment also includes new tournament formats and opportunities for grassroots organizers to host sanctioned events, signaling Echelon's commitment to fostering a vibrant and inclusive competitive community.
Source: stepWhat is Echelon?
Echelon is a blockchain-based gaming ecosystem that focuses on developing and supporting innovative web3 games.
Its flagship title, Parallel TCG, is a sci-fi-themed digital collectible card game that has gained popularity for its strategic gameplay and immersive story.
Echelon's mission is to create a sustainable gaming economy by leveraging blockchain technology to offer players ownership of game assets and opportunities to earn rewards through competitive play. With Parallel Prime League, Echelon has expanded its reach into the esports scene, aiming to cultivate a global community of players and set a new standard for competitive blockchain gaming.
Source: ParallelWhat is the 3 million dollar investment for?
The $3 million investment is designated for Seasons 2 and 3 of Parallel Prime League, with $1 million allocated for Season 2 and $2 million for Season 3.
This funding marks a significant increase over Season 1's $500,000 prize pool, reflecting Echelon's ambition to grow the league and attract top-tier talent. Season 2, beginning March 6, will introduce new tournament formats, such as double-elimination brackets and round-robin events, designed to enhance the competitive experience.
In addition to these structural upgrades, the investment will allow grassroots tournament organizers to host sanctioned events, creating opportunities for players of all levels to participate. The initiative also includes a rebranding effort, as the league now operates under the name Parallel Prime League and features a refreshed visual identity inspired by the concept of “reaching new heights.”
Before Season 2 begins, the Parallel Prime Championship will take place at the HyperX Arena in Las Vegas from February 28 to March 2, offering a prize pool of $250,000. This premier event will serve as a showcase for the game's top talent and set the stage for the league's ambitious future.
