$ECHOKE Social token review (How to buy, legit or scam?)
Read all about ECHOKE social token.
$ECHOKE Social Token is a cryptocurrency that is built on Binance Smart Chain (BSC BEP-20). It provides access to giveaways, NFTs, festivals, exclusive merchandise, and other entertainment, media, and hospitality benefits.
Why was EChoke token developed?
The global entertainment market continues to grow year over year. However, entertainment and media are multi-billion dollar industries controlled and owned by a few people at the top.
Why develop $ECHOKE Social Token? On the other hand, the fans create or promote content for these industries but do not benefit due to the current ways incentives are set-up. Corporations and a privileged few get most of the money, and fans are left unrewarded as mere observers.
With $ECHOKE tokens powering our ecosystem, we intend to turn millions of music and entertainment fans from spectators into influencers and decision-makers.
The vision embraces cryptocurrency and blockchain technology as an effective tool to empower active fans and transform them from passive spectators into active influencers that can promote the music and entertainment industry
$ECHOKE social token opportunity
The current entertainment industry offers, for the most part, a transactional relationship with fans. Fans pay to listen to music, attend concerts/shows and buy merchandise without any reciprocal benefits.
While there have been attempts to activate direct fans engagement, the results have been underwhelming to a large degree.
Cryptocurrencies have come to enable community ownership of value created by communities developed by fans.
When communities are built from scratch with tokens, early investors and hodlers can acquire tokens and benefit from early access to become major stakeholders as the ecosystem expands. $ECHOKE is built on a similar ideology and designed to reward early hodlers and investors.
$ECHOKE token innovation
A token where fans can get involved and become stakeholders in the entertainment industry. $ECHOKE partners with artists, festivals, streaming apps, fin-techs, parties, hotels, clubs and more to offer giveaways and discounts on their services.
These partners are provided $ECHOKE tokens, and in return, they offer giveaways in exchange for the tokens as well as exclusive discounts on services. Those that will hold $ECHOKE tokens are high stakeholders in the entertainment industry.
They may be super-fans of an artiste, a frequenter of a party series, a massive user of a streaming app, or a combination of both. The discounts and giveaways given to these users will provide them with more benefits for less money.
This entire process is made possible via the novel application of a scalable, blockchain-based token with purchasing and utility infrastructure deployed through a secure, trustless smart contract on the Binance Smart Chain (BSC) network. $ECHOKE tokens are finite in the amount that will be issued, and as holders get incentivized, we expect more people to want to acquire the tokens. Hodlers of the token will patronize partners’ services more, which will drive the use-cases.
Who created $ECHOKE token?
$ECHOKE token is created by Omegoat and built-in collaboration with African pop superstar Davido as their first partner. They wanted their first partner to be a respected brand in media and entertainment that has cultivated a dedicated fanbase of young Africans and understands the entertainment industry.
Davido was an obvious choice in this regard and they have been impressed with his previous forays into fintechs and his effect on those projects.
They are undertaking a very huge task, they need the most brilliant mind to help us put things together. Davido has one of the biggest social media presence of any entertainer in Africa and can leverage it to bring about the change we desire.
Omegoat is a Defi/Crypto project created to provide the crypto-loving public with autonomous finance products that governments cannot takedown. The $ECHOKE token is the first of a handful of projects they will release in the near future.
$ECHOKE tokens are not sold anywhere. The only way for you to get it is from our periodic giveaways on the Omegoat website (https://omegoat.com). This way, greedy rich people don’t buy up all the tokens on the first day. Only true fans (in their great numbers) can have access to these tokens and gain the benefits from it.
$ECHOKE token details
Name: Echoke Social Token
Number of tokens created: 2,500,000,000.00 (2.5 billion)
Mintable? No new tokens can be created after this
Token allocation breakdown:
Public sale – 12.5%
Private sale – 5%
Team ownership – 35%
Echoke Foundation – 10%
Product & marketing – 5%
Partnerships – 15%
Giveaways / Faucets – 7.5%
Community Treasury – 10%
How to buy $ECHOKE token?
$ECHOKE tokens are not sold anywhere. The only way for you to get it is from our periodic giveaways on our Omegoat website (https://omegoat.com). This way, greedy rich people don’t buy up all the tokens on the first day. Only true fans (in their great numbers) can have access to these tokens and gain the benefits from it.
So you need a wallet to receive your tokens on. On the app’s main page, press the ‘receive’ button to find the address you will be receiving your $ECHOKE tokens on.
$ECHOKE Social Tokens are BEP-20 tokens on the Binance Smart Chain. They can be stored on any crypto wallet that supports the BEP-20 standard.
Any $ECHOKE tokens (or any BSC BEP-20 tokens) you send to this address are stored there permanently until you transfer it to another address.
Because $ECHOKE is a very new token, it might take up to an hour after receiving your coins for them to appear on Trust Wallet. You can always search their wallet addresses on https://bscscan.com/ to instantly verify that their tokens came through
Is $ECHOKE social token legit?
Cryptocurrency investment is highly risky, so before you invest, make sure you have a proper knowledge and always invest only what you can afford to lose.
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