Coinbase、Echo 收購和 ICO 復興：加密籌款的新時代？

Coinbase 收購 Echo 標誌著 ICO 的潛在復蘇，但重點是透明度、監管和社區驅動的代幣銷售。

Coinbase's strategic move to acquire Echo, an on-chain capital-raising platform, is making waves in the crypto world. Is this the dawn of a new era for ICOs? Let's dive in!

Coinbase 收購鏈上融資平台 Echo 的戰略舉措正在加密世界掀起波瀾。這是 ICO 新時代的黎明嗎？讓我們深入了解一下吧！

Echo Acquisition: Coinbase's $375 Million Power Play

Echo 收購：Coinbase 3.75 億美元的權力遊戲

Coinbase dropped a cool $375 million to snag Echo, a platform founded by crypto OG Cobie. Echo's all about making fundraising more accessible and transparent, directly connecting projects with their communities. This acquisition signals Coinbase's ambition to become a full-stack crypto infrastructure provider, supporting ventures from token creation to secondary market trading.

Coinbase 斥資 3.75 億美元收購了由加密貨幣 OG Cobie 創建的平台 Echo。 Echo 致力於讓籌款變得更加容易和透明，直接將項目與其社區聯繫起來。此次收購標誌著 Coinbase 成為全棧加密基礎設施提供商的雄心，為從代幣創建到二級市場交易的企業提供支持。

Since launching in 2024, Echo has facilitated over $200 million in funding across 300+ deals, proving its platform, Sonar, is the real deal. According to the announcement, Coinbase plans to begin the integration process by enabling crypto token sales via Sonar. The company plans to expand support to tokenized securities and real-world assets over time, leveraging Echo’s infrastructure.

自 2024 年推出以來，Echo 已在 300 多筆交易中籌集了超過 2 億美元的資金，證明其平台 Sonar 是真正的交易。根據公告，Coinbase 計劃通過 Sonar 啟用加密代幣銷售來開始整合過程。該公司計劃利用 Echo 的基礎設施，隨著時間的推移擴大對代幣化證券和現實世界資產的支持。

ICOs: Back from the Dead?

ICO：起死回生？

Remember the ICO craze of 2017? Billions were raised, but scams and regulatory crackdowns quickly soured the party. Now, public token sales are quietly making a comeback through regulated platforms. Coinbase hopes to enable more direct community participation, joining projects with capital, entirely on-chain.

還記得2017年的ICO熱潮嗎？籌集了數十億美元，但詐騙和監管打擊很快讓該黨感到不滿。現在，公開代幣銷售正通過受監管的平台悄然捲土重來。 Coinbase 希望能夠實現更直接的社區參與，用資本加入項目，完全在鏈上。

What's different this time? Transparency and compliance. Platforms like Sonar are prioritizing KYC and investor protection. Self-hosted sales and compliance frameworks like Europe's MiCA law add layers of security that were sorely lacking during the ICO boom.

這次有什麼不同？透明度和合規性。 Sonar 等平台優先考慮 KYC 和投資者保護。像歐洲 MiCA 法這樣的自託管銷售和合規框架增加了 ICO 熱潮期間非常缺乏的安全層。

Coinbase and the Future of Fundraising

Coinbase 和籌款的未來

Integrating Echo's Sonar could transform Coinbase into a global fundraising gateway. Verified users could gain access to early-stage investment opportunities, leveling the playing field with venture capital firms. This acquisition allows Coinbase to expand its offerings quite a lot. The firm aims to create a comprehensive solution for both projects and investors. This new capacity will minimize the friction in the capital formation process.

集成 Echo 的 Sonar 可以將 Coinbase 轉變為全球籌款門戶。經過驗證的用戶可以獲得早期投資機會，與風險投資公司建立公平的競爭環境。此次收購使 Coinbase 能夠大幅擴展其產品範圍。該公司旨在為項目和投資者創建全面的解決方案。這種新產能將最大限度地減少資本形成過程中的摩擦。

The Cobie Factor

科比因素

Cobie's reaction to the acquisition was priceless: "I certainly didn't think Echo would be sold to Coinbase, but here we are." Cobie confirmed that Echo would remain a standalone platform under its current brand for now. This strategic move is to create a “full-stack solution” for the digital asset economy.

Cobie 對此次收購的反應是無價的：“我當然不認為 Echo 會被出售給 Coinbase，但我們就這樣了。” Cobie 證實，Echo 目前仍將是其當前品牌下的獨立平台。這一戰略舉措是為數字資產經濟打造“全棧解決方案”。

Presales: The New Frontier?

售前：新領域？

While Coinbase focuses on regulated sales, the presale market is still hot. Projects like Bitcoin Hyper, Maxi Doge, Best Wallet Token, and PEPENODE are generating buzz and attracting significant funding. Presales are that ground-floor buzz that keeps traders coming back, hoping to make life-changing returns.

儘管Coinbase專注於規範銷售，但預售市場仍然火熱。 Bitcoin Hyper、Maxi Doge、Best Wallet Token 和 PEPENODE 等項目正在引起轟動並吸引了大量資金。預售是讓交易者不斷回歸的底層嗡嗡聲，希望獲得改變生活的回報。

However, approach with caution! Presales are high-risk, high-reward ventures. Do your research before diving in.

不過，請謹慎接近！預售是高風險、高回報的事業。在投入之前先做好研究。

Final Thoughts: A Crypto Evolution

最後的想法：加密貨幣的演變

Coinbase's Echo acquisition is a bold move that could reshape crypto fundraising. It's a sign that the industry is maturing, learning from past mistakes, and building a more transparent and accessible future. Whether it's through regulated platforms or carefully vetted presales, the opportunity to get in on the ground floor is still out there. So, buckle up, do your homework, and get ready for the next chapter in crypto's wild ride!

Coinbase 收購 Echo 是一項大膽舉措，可能會重塑加密貨幣融資格局。這標誌著該行業正在走向成熟，從過去的錯誤中吸取教訓，並建設一個更加透明、更加便利的未來。無論是通過受監管的平台還是經過仔細審查的預售，進入底層的機會仍然存在。所以，係好安全帶，做好功課，為加密貨幣狂野之旅的下一章做好準備！