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

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Cointime2024/11/12 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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