Echospeak
  • Introduction
  • EchoSpeak
    • Mission
    • Talk to agents
    • Roadmap
      • Phase-0: Web with Preset and Customizable Agents (Done)
        • Prompting guide
      • Phase-1: Launch the Web Voice Agent
      • Phase-2 : Build the Agent Launch Platform
      • Phase-3 : 3D Model Integration and Collaborations
      • Phase-4 : Ecosystem Growth and Continuous Innovation
    • $ECHO Tokenomics
    • Technical Specifications
    • Team at Echospeak
    • Disclaimers
  • External Links
    • X
    • Website
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  1. EchoSpeak

$ECHO Tokenomics

PreviousPhase-4 : Ecosystem Growth and Continuous InnovationNextTechnical Specifications

Last updated 3 months ago

The $ECHO token is the lifeblood of the Echospeak ecosystem, designed to foster accessibility, innovation, and growth while maintaining a sustainable economic model.

Token Distribution

  • 10% Locked Reserve:

    • Reserved for platform development, strategic partnerships, and long-term growth initiatives.

    • These tokens are locked with a vesting schedule to ensure responsible allocation over time.

  • 90% Public Distribution:

    • Dedicated to the community, ensuring that the majority of tokens remain accessible to users, investors, and partners.

    • Distributed through fair launches, liquidity pools, and other decentralized mechanisms to ensure transparency and inclusivity.

$ECHO Token Lock and Vesting Plan

To ensure the sustainable growth and long-term stability of the $ECHO ecosystem, the token lock and vesting schedule has been strategically structured.

The initial unlock of $ECHO tokens will commence 6 months after the token launch. At that point, only 1% of the total allocation will be unlocked per month. This measured approach is designed to maintain market stability and align incentives with long-term development goals.

The unlocked funds will be strategically utilized for:

  • Development: Advancing the project’s infrastructure and ecosystem.

  • Marketing: Expanding brand awareness and community engagement.

  • CEX Applications: Securing listings on centralized exchanges to enhance liquidity and accessibility.

Utility of $ECHO

  • Agent Deployment:

    • $ECHO tokens will be required to deploy and customize AI agents, ensuring active utility within the ecosystem. ( Later stages )

  • Platform Fees:

    • Any platform fees associated with agent services (e.g., creating Solana tokens, linking agents to social media, or 3D model integration) will be payable in $ECHO.

  • Community Rewards:

    • Users who actively participate in the platform, provide valuable feedback, or contribute to the ecosystem will be rewarded with $ECHO tokens.

Long-Term Vision

The $ECHO tokenomics model is designed to align with Echospeak’s mission of making voice agents accessible to all while incentivizing community participation. By combining fair token distribution, innovative deflationary mechanics, and consistent utility, $ECHO aims to empower users and ensure the sustainable growth of the platform.