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Echo, a prominent crypto angel investment platform, has announced a revolutionary ICO product that will not impose any management fees. This announcement was made by Jordan Fish, the founder of Echo, who is often referred to as Cobie. This marks the first time the initiative has been publicly disclosed on social media.
The new ICO structure is a departure from traditional models and sets it apart from existing private investment practices. Echo currently serves as a vital resource for community investors, enabling them to engage in early-stage project financing. The platform has been instrumental in aiding various projects in their fundraising efforts, including MegaETH, Initia, and Ethena.
This innovation not only enhances accessibility for investors but also signifies a noteworthy shift in how ICOs may be approached moving forward. By eliminating management fees, Echo aims to make ICOs more accessible and affordable for a wider range of investors.
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