Echo Is Developing an ICO Product with No Management Fees, Says Cobie
Jordan Fish, also known as Cobie, the founder of the Echo platform, has unexpectedly revealed that his team is working on a product dedicated to Initial Coin Offerings (ICOs). He confirmed on X that this was the first public mention of the yet-to-be-announced project. Unlike current practices, Echo’s ICO will not include any management fees, marking a drastic departure from the platform’s existing offerings, which focus on collective investments in private projects with conditions similar to venture capital funds.
