A New Path Forward with Echo?
As Crypto wrestles with balancing democratization and long-term incentives, Echo looks to provide a solution.
There's no perfect way to launch a token.
That being said, there are plenty of shitty ways to launch one, something that the crypto industry is only growing more familiar with in recent days.
Years ago, crypto mega-influencer/investor Cobie, aka Jordan Fish, highlighted one particularly shitty token launch strategy that was prevalent (and still is) among projects backed by the industry's top VCs. These so-called low-float, high-FDV (fully diluted value) token launches gave venture investors all of the early upside and ensured that a lack of volatility at launch meant insiders got paid.
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Nick Shaheen
Nick is the Director of BD and the co-host of Apps no Entrees at Bankless. Prior to joining in 2023, he was the 1st employee at an NFT social startup called Sintra. Prior to that, he handled American Express' sports partnerships, worked on Microsoft's gaming events, founded a content production studio, and got his MBA at the University of Massachusetts, Amherst.
