ZURICH, Switzerland, May 17, 2022 (GLOBE NEWSWIRE) — via InvestorWire — The Echelon Foundation, the pioneering team in the cross-chain blockchain space, today announced that it has achieved its goal of bridging all major cryptocurrency blockchains earlier than planned, ecosystems are connected via the Echelon cross-chain bridging platform. Echelon aims to become the only blockchain with multiple major blockchains integrated with the Echelon Bridge, allowing users to exchange and trade $ECH across all major blockchains. The Echelon Foundation released bridgeable $USDC ($USDC on Echelon is titled $bUSDC, Bridgeable USDC) and is the first blockchain to issue bridgeable tokens. The main native token, $ECH, is currently tradable across seven major blockchains as a bridgeable $ECH, also known as $bECH.
Speaking of the foundation’s recent success, the lead developer at the Echelon Foundation, known as 0xECH, said: “Echelon is more than just another blockchain; Echelon is the central foundation for an ever-growing, ever-evolving ecosystem. We urge developers to do their own research and find out why we call ourselves the “Upper Level of Blockchains”. … Our goal is to provide the core element of cryptocurrency that can be deployed via Echelon Smart Contracts. Echelon combines the decentralization of data and the ideas of one of the greatest minds in our history, which are the core values of Satoshi Nakamoto. We strive to combine speed, scalability, security and sustainability in an all-in-one blockchain. The chain is only as strong as its weakest link – that’s why the Echelon Foundation strives to make every link in our chain unbreakable. We will also remain true to Satoshi Nakamoto’s values by remaining anonymous for the foreseeable future as Echelon is not about a single developer or group of developers.”
Highlights:
- Seven major blockchains including $AVAX, $BNB, $CRO, $ETH, $FTM, $ONE and $MATIC.
- Three centralized exchange listings (IndoEx announced 16 May 2022 – going live at ~5/20!).
- Echelon is listed on CoinMarketCap and CoinGecko.
- Echelon is EVM and Cosmos compatible with IBC relays.
- Echelon Blockchain has validators that earn rewards and act as a DAO.
- The Echelon Foundation offers grants and awards to developers/builders.
- The Echelon Foundation is actively pursuing partnerships such as Chainlink and major CEX listings.
- The Echelon Foundation is working to bring developers into the ecosystem to build DEXs and other platforms such as DeFi yield farming, lending, NFT platforms, immersive games, and Metaverse development.
About Season: Echelon is a new blockchain founded by the Echelon Foundation and designed for the elite builders, creators, and developers. The Echelon Foundation has designed, produced and distributed a brand new cross-chain bridge platform that enables Echelon users to bridge $ECH and $USDC from various blockchains including Avalance, Binance, Cronos, Ethereum, Fantom, Harmony and polygon. Echelon focuses on: Speed - Scalability – Security – Sustainability. The Echelon Foundation invites you to see for yourself why we are the “Upper Echelon” of blockchains.
Company contact:
https://ech.network/
[email protected]
https://coinmarketcap.com/currencies/echelon/
Wire service contact:
Investor Wire (IW)
Los Angeles, California
www.InvestorWire.com
212.418.1217 office
[email protected]
Echelon Foundation
https://coinmarketcap.com/currencies/echelon/
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ba8311a4-c40b-44e0-8167-4f5145f63b9b
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