Today, we are announcing Sonar – a new product by Echo that lets anyone host a public token sale.

To do list: ✅ Take over Twitter ✅ Take over Times Square

We started building Echo around 2 years ago in an attempt to try and change the market dynamics around crypto fundraising. Today, we're joining Coinbase, but the mission stays the same. We're gonna use the firepower of this behemoth to provide better opportunities to

Anyone that ever invested in a deal on Echo should be eligible for Monad airdrop. Sending instructions on how you can add your claim to their site shortly. Gmonad.

Will actually add a setting so users can flip show portfolio w premarket on / off

Should we use premarket prices as references in portfolio? Pros: * it updates sooner and you’re probably checking it anyway Cons: * prices are unreliable and basically meaningless

gm

Hi new signups. Just because you saw one 333x investment on the site that u missed doesn’t mean seed investing is free money. 90% of seed investments go to zero, please use your brain and invest responsibly. Thank you for your attention in this matter.

bro 💀

We just shipped a new sale type for Echo private sales: Commitment Requests. Instead of first-come-first-served, founders and group leads can instead run a sale based on Commitments. Users can commit the maximum they’re willing to invest, requesting an allocation. Final

When there’s no emails saying “I lost my 2FA again” and I can just enjoy the weekend

Experiencing highest level of signups ever pretty much, apologies for any delays in emails and stuff, pray for the ops team, god bless u

When u email echo asking for a “collaboration” or “partnership” without describing what that actually means in practical terms, it makes me want to jump off a cliff. Surely these emails never work please get a real job

Read the full announcement here: https://t.co/m4Pm9YQ2FV

To investors: hopefully this gives more projects the capability to self-host token sales. Like the ICO days, find projects you’re interested in and monitor them. Good luck! To founders: if you want to grow your community, use Echo. If you have a big community already, use Sonar.

TLDR: Sonar lets founders self-host a token sale, and takes care of whatever compliance stuff they might need, re-imagining some of the things we built for Echo for a new purpose. It lets investors buy token sales, without sharing their personal data with projects by default –

We have built Sonar in a way where there may be 1,000 different sales happening simultaneously! The Echo team might not even know they are happening. We hope this should reward investors who are willing to research deeply and find interesting things by themselves. And we hope

At Echo, we don’t really like launchpads. We think the incentives are a mess. So, we intentionally built Sonar in a way where founders self-host their sale. There is no “homepage” of upcoming sales. There is no way to sign up and be notified about all future sales. The only way

Sonar has tools for various kinds of compliance, but founders are ultimately responsible for choosing exactly how they want to do their sale. If you want to ban British people from participating, you can do that! If you want to let them in, well, that’s up to you as well. We

So, Introducing Sonar! Sonar is software that founders can use to self-host a token-sale without any hassle. It is flexible, so founders can host sales however they want (auctions, options drops, points systems, variable valuations and allocation sizes, etc). And you can use it

(2) We don’t like the group structure! Another piece of feedback we received from founders was around Echo’s group structure. Today, deals can only be posted by lead investors (known on Echo as Group Leads). They post their investments to their Echo members to share