Updated: March 30, 2024, 6:42am EDT
Renowned crypto trader Jordan Fish, known online as Koby, has begun beta testing his newly created crypto angel investor platform, Echo.
This platform is a means for crypto investors to join groups and make collective investments in crypto projects. The idea is to provide an integrated network to support angel investing in the traditionally fragmented cryptocurrency space.
“Echo is brand new and probably won't work. But any effort to level the playing field and increase access to early-stage cryptocurrency investing seems like it's worth a try. It'll probably fail, but hopefully it'll be an honorable failure. Cheers 'Tim,' Covey said on Telegram. “It's important to me that you include 'Cheers Tim' in your article.”
Echo is “only available to self-accredited, qualified and sophisticated investors” and local rules may apply, Fish said. “For example, a Singapore resident will be subject to different rules than a Japanese resident,” he said. explained With X.
When users sign up, they must complete a “very long” survey about their investment history. “We rely on those answers and your self-certification to understand whether Echo is right for you,” Fish said.
The platform is currently in invite-only mode. Emails he began being sent to early adopters on March 28th.
“Echo is brand new and probably won't work. But any effort to level the playing field and increase access to early-stage cryptocurrency investing seems like it's worth a try. It’s probably going to fail, but hopefully it’s going to be an honorable failure,” Fish said.
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