Memes

Cobie's Comments Hint at an ICO Product in Development for Echo

> “Our ICO product will not have any carry at all. But it will look very different from the current Echo, which is to enable community investors access to private venture offerings”

Source:

@TrustlessState @echodotxyz david, is it possible for two independent things to both be not great.

@Austin_Federa @TrustlessState @echodotxyz Echo does not do ICOs at all currently. 

Echo is effectively a community ventures effort. Echo participates in existing rounds alongside VC investors. 

The purpose of this is for decentralised things to have a more distributed cap table earlier in the process, allowing projects…

Cobie

Cobie's Comments Hint at an ICO Product in Development for Echo

> “Our ICO product will not have any carry at all. But it will look very different from the current Echo, which is to enable community investors access to private venture offerings”

Source: https://x.com/cobie/status/1891717484786614514