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The token unlocking period of Parallel's founding team is extended to 10 years and entrusted to an institution for management

The token unlocking period of Parallel's founding team is extended to 10 years and entrusted to an institution for management

CointimeCointime2024/11/12 02:33
By:Cointime

On November 12th, Echelon Prime Foundation, which supports the chain game Parallel, announced that although six months ago the founder of Parallel Studio decided to lock its tokens for a year and double the cashing schedule, the founding team and Echelon Prime Foundation have now decided to transfer all tokens to a new contract, launching a new 10-year cashing plan, granting them 10% equity annually over the next 10 years. These tokens will be managed by a professional institution based on the recommendations of Echelon Prime Foundation, rather than by members of the founding team directly.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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