On February 18th, COINOTAG News reported that Jordan Fish, the founder of the prominent crypto angel investment platform Echo—often referred to as Cobie—has announced the development of a new ICO product. This marks the first time the initiative has been publicly disclosed on social media. Unlike traditional models, this novel ICO structure will not impose any management fees, setting it apart from existing private investment practices. Currently, Echo serves as a vital resource for community investors, enabling them to engage in early-stage project financing. The platform has been instrumental in aiding various projects in their fundraising efforts, including MegaETH, Initia, and Ethena. This innovation not only enhances accessibility for investors but also signifies a noteworthy shift in how ICOs may be approached moving forward.