Cobie Launches Sonar ICO Platform with Plasma Seeking $50 Million

Echo, the angel investing platform founded by crypto trader Jordan Fish (also known as Cobie), has launched its own ICO platform called Sonar. The new platform debuted with Plasma’s fundraise, which aims to raise $50 million for the project. Plasma will offer 10% of its XPL token supply through the sale, aiming for a target valuation of $500 million. Co-founder Paul Faecks told The Block details of the launch.