Davido launches social token ‘$Echoke’


Davido, the Afropop singer, has launched a social token named $Echoke.

A social token is a cryptocurrency asset backed by the reputation of a brand, individual, or community.

In an announcement via his Twitter page yesterday, Davido said he partnered with the firm Bitsika Africa.

Information from the whitepaper of the ECHOKE token reveals that it is built on the Binance Smart Chain (BSC).

The token promises to “provide access to giveaways, NFTs, festivals, exclusive merchandise, and other entertainment, media, and hospitality benefits.”

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