echo ✓
@echodotxyz · joined 03 Apr 2023
Invest in early-stage cryptocurrency projects and new startups alongside notable angels. 🤍
124 289Followers
0Following
973Posts total
3.3MViews on collected posts
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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
621K views · 4.4K likes
· 337 reposts · 606 replies
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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.
860.9K views · 3.5K likes
· 260 reposts · 790 replies
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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
116.2K views · 598 likes
· 21 reposts · 103 replies
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Read the full announcement here: https://t.co/m4Pm9YQ2FV https://t.co/Kx5bl539qn
80.2K views · 258 likes
· 10 reposts · 27 replies
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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.
70.3K views · 307 likes
· 7 reposts · 23 replies
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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 –
105.4K views · 347 likes
· 11 reposts · 14 replies
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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
36.7K views · 201 likes
· 1 reposts · 2 replies
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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
47.8K views · 253 likes
· 5 reposts · 3 replies
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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 ht
53.7K views · 200 likes
· 4 reposts · 9 replies
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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
45.5K views · 222 likes
· 7 reposts · 8 replies
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(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
45.7K views · 176 likes
· 0 reposts · 5 replies
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(1) We want public sales!
As Echo grew, some founders and projects began to do increasingly large sales through Echo. The largest was MegaETH, who sold $10m of their token through Echo at the end of last year.
But one major drawback of Echo is that these sales are private
51.2K views · 225 likes
· 4 reposts · 5 replies
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We started Echo last year, with the goal to create more equal opportunity in private fundraising. Echo’s purpose was to let regular folks participate in seed-stage investing, particularly in crypto startups and tokens.
As we built Echo, we heard two major pieces of feedback from
55.2K views · 223 likes
· 2 reposts · 10 replies
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Today, we are announcing Sonar – a new product by Echo that lets anyone host a public token sale. https://t.co/2TmuisokIJ
998K views · 4.2K likes
· 508 reposts · 418 replies
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Growth & engagement
How the posts we collected actually performed: views and reaction rate post by post, what the audience did with them, and where the follower count goes.
Views per post
51.2K27 May
45.7K
45.5K
53.7K
47.8K
36.7K
105.4K
70.3K
80.2K
31.6K
128.2K1 Oct
116.2K8 Oct
860.9K16 Oct
621K21 Oct
Last 14 collected posts, oldest on the left. The scale is logarithmic: one post can outrun the rest a hundred times over.
Engagement rate per post
0.46%27 May
0.40%
0.52%
0.41%
0.55%
0.56%
0.36%
0.48%
0.37%
1.25%
0.84%1 Oct
0.62%8 Oct
0.56%16 Oct
0.88%21 Oct
Reactions — likes, reposts, replies and quotes — divided by views.
What the audience does
Likes73.6%16 280 in total
Reposts5.4%1 198 in total
Replies10.3%2 287 in total
Quotes2.8%619 in total
Bookmarks7.9%1 740 in total
Share of every reaction we collected for this account. Replies mean argument, reposts mean endorsement, bookmarks mean the post was worth keeping.
The follower curve appears once this account has two daily snapshots — we take one a day, and this one is on its first.
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Frequently asked questions about @echodotxyz
How many followers does @echodotxyz have?
124 289 followers.
How many posts has @echodotxyz published?
973 posts.
How do posts by @echodotxyz perform?
Collected posts: 16. Views: 3 347 710. Likes: 16 280.