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Davido Launches Cryptocurrency Echoke Social Token For Giveaway

Davido Launches Cryptocurrency Echoke Social Token For Giveaway

  • Davido has announced the launch of “Echoke social token” in collaboration with cryptocurrency company omegoat
  • The musician disclosed that the crypto token will give fans access to giveaways, NFTs, backstage passes, jobs, festivals, and many more
  • According to Davido, the tokens will not be sold but given to fans free in period giveaways, starting from November 28th

Afrobeats superstar Davido has announced the launch of his own cryptocurrency named ‘Echoke social token’.

The singer announced via his official Instagram page that he has teamed up with Omegoat cryptocurrency startup, a subsidiary of Bitsika to dash out the free tokens to his fans.

Unlike most cryptocurrency tokens that are sold, the multi-award-winning musician has disclosed that this token will be free.

Davido announced that the token will be given out to fans in periodic giveaways over 12 months, starting from NOV 28th.

A part of his post reads:

“Happy to finally announce this thing we’ve been working on for a while. It’s the ‘Echoke Social Token’. Use the hashtag #EchokeForHere. Every day, 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.”

The super singer stated that the Echoke social token was created on the Binance Smart Chain (BEP-20).

Read also: Davido Receives Over N100 Million as Birthday Gift From Friends

It will reportedly give fans access to giveaways, NFTs, backstage passes, jobs, festivals, exclusive merchandise, media, and hospitality benefits.

Echoke social token

He urged fans to follow Omegoat and check back for details about the token giveaway.

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