PANews reported on February 18 that according to The Block, Echo founder Jordan Fish (Cobie) hinted that the platform is developing an IC0 (initial coin offering) product. Cobie said on the social platform that Echo is not currently engaged in IC0, but is developing a new IC0 product to provide community investors with better opportunities to participate. He pointed out that Echo is currently focusing on early seed or private market investments, emphasizing its difference from traditional IC0: IC0 tokens are instantly tradable, while Echo's investments usually come with a vesting period.