#EchokeForHere

We at Bitsika ( https://bitsika.africa/ ) have been thinking about the future for a while now. The current web2 fintech infrastructure serves us well; but it's unlikely to be how we interact or transact by the end of this decade. We know the future will be different from what it is today; but we don't know exactly what it will look like. What we do know for sure however, is that the future will be shaped by what people decide to build today. We could wait for others to build the future and complain about it later. Or we could be the builders instead. Crypto, decentralised systems and permission-less networks are the future and we're building that now.

The Bitsika team has established a new outfit called Omegoat (https://omegoat.com) under which we will build all our crypto-native products. That way, the core Bitsika product can focus on regulated fintech work. We want to respect our governments but still have our leg in the future. Omegoat and Bitsika are totally separated entities.

Omegoat's very first product is the Echoke Social Token (whitepaper: https://omegoat.com/static/media/echoke-whitepaper.e0e14849.pdf). The token was planned and built hand-in-hand with Nestcoin ( https://nestcoin.com/ ) and Davido's team. Echoke is a community token built with incentives to provide value to entertainment and hospitality consumers. Entertainment consumers create so much value for corporations but the value is captured and enjoyed by a select few executives in a boardroom. We are using this token to democratise access to the created value; trickling it down to the heartland.

Holders of the Echoke Social Token will have access to giveaways, concert passes, hotel discounts, NFTs, etc. Twice a month, these holders of the token will be given rewards that can only be accessed only by paying with the token. Davido and Bitsika have already created a spirit and brand of generosity online. This token will ensure that actual supporters get the rewards from now onwards.

The general public will not need to buy the tokens to start using it. Omegoat has no immediate plans of listing the Echoke Social Token on any exchanges or DEXs in the next 12 months. The tokens will be freely distributed in a series of monthly giveaways to the public. This will ensure that most people who get the token are everyday people with a passion for what we're building. We want to prevent scenarios where a few rich people buy up all the tokens.

We're going deep into NFTs too. NFTs started out as a way for digital artists to authenticate their work and finally get paid their just due for their brilliance. It has since grown into a way for online communities to create a shared identity towards a common goal; a tribal mark for online communities if you will. Speaking of tribes, no one in Africa has been able to build a dedicated fanbase of stans and loyal supporters like Davido has. You can prove this claim by virtue of the fact that he has more social media followers than any other sub-Sahara African celebrity. His fans love him because he's very relatable and his brand signals the grind for success. Many of the other top artistes in Africa have also created brands that their fans relate with very well.

We've been talking about NFTs with David for a long time. He, as typical to him, has received numerous offers to join NFT projects. He has rejected all of them because we have decided to enter the NFT space in a genuine way that would benefit both the fan community and David's team. Davido has made it clear he isn't looking for a cash-grab. We've taken three major steps when it comes to NFTs so far.

a. Davido and Bitsika pooled money together to acquire 2 Mutant Ape NFTs from the MAYC Collection. Our Apes in question are #3541 and #5665. This purchase signifies our seriousness about the space and our interest in learning more. We plan to hold these NFTs into the far future. Other projects we want to make a purchase from are CryptoPunks, BAYC and EtherRocks.

b. In the Echoke Social Token roadmap, we're thinking about NFTs as a way to reward and incentivise supporters of the Echoke token. We see a future where we will airdrop premium NFTs to supporters and also have a larger NFT collection that we slowly distribute over time. Similar to what NounDAO is doing now. We're actively building this with Nestcoin.

c. We're engaged with a few mainstream NFT platforms to release quarterly NFT drops to NFT lovers across the world. Our first drop is scheduled for Q1 of 2022.

That's not where it ends for us though. Omegoat is building a handful of crypto-native apps for the next 1 billion web3 users. On that list is a social token management app built together by Omegoat and Nestcoin. And a futures market web app built by Omegoat. We're ready for the future. Are you?

Our Telegram Group: https://t.me/EchokeGroup

Our Telegram Channel: https://t.me/EchokeToken

~ Atsu Davoh.