Davido Launches Echoke Token That Gives ‘Power Back to the Fans’

A Nigerian pop artist and celebrity, Davido, recently announced the launch of his fan token, the Echoke Social Token, via his Instagram account.

According to Davido’s Instagram post, this token not only eliminates unnecessary third parties, but also allows him to directly connect with fans. Davido explained:

Happy to finally announce this thing we’ve been working on for a while. It’s the ‘Echoke Social Token’. Everyday, millions of fans create value that is captured by a few execs in a boardroom. Not any more. We’re giving the power back to the fans.

He added that holders of the token will get free access to giveaways, NFTs, backstage passes, jobs, festivals, exclusive merchandise, media, and hospitality benefits.

What is ECHOKE 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.

$ECHOKE Social Token By 2022, we anticipate that the current entertainment landscape will be shaped by the artists and companies that draw the highest audiences and those that can effectively monetize the audience by putting their fan base in the driving seat.

For the launch of this token, Davido — who previously expressed a desire to start to bitcoin trading company — revealed he has partnered with Bitsika Africa’s new crypto company, Omegoat.

Meanwhile, a report by Cryptoplustv states the Echoke Social Token is not going to be sold to fans but will be airdropped or given away to fans over a period of twelve months. The same report also said the first of such giveaways has been set for November 28.

See also: How to make Money Playing Crypto Games

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