Updated: March 30, 2024 6:42 AM EDT
Well-known cryptocurrency trader Jordan Fish, known online under the pseudonym Cobie, has begun beta testing his newly created cryptocurrency angel investor platform, Echo.
This platform is a way for cryptocurrency investors to participate together as a group and make collective investments in cryptocurrency projects. The idea is to provide a unified network to support angel investment in the traditionally fragmented cryptocurrency space.
“Echo is brand new, so it probably won’t work, but any effort to level the playing field and make early-stage cryptocurrency investing more accessible seems like something worth trying. Hopefully it will be a great fail. Cheers team,” Kobe said via Telegram. “It’s important to me to include ‘Cheers to the team’ in the article.”
According to Fish, Echo is “only available to self-certified qualified/professional investors” and may be subject to local rules. “For example, a Singapore resident will be subject to different rules than a Japanese resident.” explained At X.
When users sign up, they have to answer a “very long” questionnaire about their investment history. “We rely on these answers and your self-certification to understand whether Echo is right for you,” Fish said.
The platform is currently in invitation-only mode. Emails began being sent to early adopters on March 28th.
“Echo is brand new, so it probably won’t work, but any effort to level the playing field and make early-stage cryptocurrency investing more accessible seems like something worth trying. Hopefully it will be a spectacular failure.” said the fish.
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Tim is the editor-in-chief of The Block. Before joining The Block, Tim worked as a news editor at Decrypt. He holds a BA in Philosophy from York University and studied News Journalism at Press Association Training. X Follow him at @Timccopeland