Echoke Social token was launch by Omegoat tech backed by Davido, Nigerian award winning musician.
The Token was launch last months, since it launch, two consecutive airdrops has been giveway to Davido fans.
First giveaway took place last month, while the second Giveaway took place on the 25th/26th of December 2021.
Many people apply for the giveaway weren’t successful, while some were lucky to have received the token.
On the launch, Omegoat handling the project revealed that the Token is not listed for sales.
According to the them, the token will mainly be share to fans of Davido.
But for any token to get Value, it must be listed for exchange with fiat money.
So even not now, Echoke Social token will be listed for exchange one day.
So ongoing through there blogs, Omegoat revealed that there no plan to list the Token for exchange in the next 12 months.
Which means, no one will be able to buy or sell the Token in the next one years.
Part of the the information from Omegoat blog read:
Omegoat has no immediate plans of listing the Echoke Social Token on any exchanges or DEXs in the next 12 months. The tokens will be freely distributed in a series of monthly giveaways to the public. This will ensure that most people who get the token are everyday people with a passion for what we’re building. We want to prevent scenarios where a few rich people buy up all the tokens.
In our assumptions it believe that by the end of 2022, Echoke Social token will be listed for exchange with fiat money.
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