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Zerolimit.base.eth
@zerolimit
The echoes of ICOs return 💰 Angel investing platform Echo has revealed its new ICO platform known as Sonar. Unlike Echo’s current private sale mechanism, Sonar allows founders to host their token sale easily. The platform is highly customizable, supporting different methods for hosting sales with several integrated options for compliance tools. On the other end of the spectrum, participants on Sonar can participate without sharing their personal information, even if the deal requires them to perform KYC. The Sonar platform will go live with the Plasma blockchain as its first sale, an EVM-compatible Bitcoin sidechain specifically designed for stablecoins. Plasma will be offering 10% of the supply of its native XPL tokens at a valuation of $500M, with each token being priced at $0.05. Starting June 9, users will have to deposit stablecoins into the Plasma vault on Ethereum to earn a time-weighted allocation to participate in the sale.
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