Early-stage investing
in startups
and tokens
INTRODUCING ECHO
COMMUNITY INVESTING
Concentrated VC ownership is an anti-pattern inherited from traditional fundraising. Echo helps projects focused on decentralisation reach a broader audience of real people from day one.
Frequently asked questions
Your investment is legally managed by Echo, not the lead investor. Echo uses smart contracts to claim asset ownership. The lead investor never has access to your USDC or your subsequent investment. And for any token investment, only you decide when you sell your tokens.
Echo lets lead investors create groups to share their investments with. Members can join these groups and then choose, on a deal-by-deal basis, to follow the lead and invest on the same terms. The deal participants are rolled up into a single entity, and that entity invests into the target company. Investments happen entirely onchain using USDC.
Any Echo user can apply to create a group. We're currently processing applications pretty slowly though. Sorry about that.
Echo doesn't decide which deals are presented to users. Only group leads can share deals that they are investing in to their own groups. You must arrange the fundraise directly with the group leads.
Echo adheres to your local laws, so this answer changes depending on where you live. During signup, we assess your eligibility based on local law and your knowledge and familiarity with investing. If you're eligible to invest in your home country, then Echo will be available to you unless we do not currently support your jurisdiction or you are resident in a jurisdiction we cannot do business with by law.
Founders of projects that care about decentralisation, community and user-alignment may be interested in bootstrapping community with real onchain natives as investors. Founders can construct wider distributions of their initial offerings instead of introducing structural risk through concentrated VC holdings.
If an investment is successful, the lead gets paid a % of all their followers' profit. They have a financial incentive to share but they only make money when their followers make money. Leads can only share deals when they are investing on the same terms.