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Echo Launches Worldwide and Starts Exclusive Public Sale for the ECHO Token

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6 hours ago

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Douglas, Isle of Man, 15th May 2025, ZEX PR WIRE, Echo, a revolutionary centralized crypto exchange, officially launched worldwide on May 15, marking a historical event for the digital asset trading landscape. On the same day, the platform started hosting a public sale for the ECHO token on its website. The team allocated 2% (20M) of the total supply of 1 billion ECHO tokens for this sale in an effort to accelerate the project’s development.

Echo is a community-focused centralized cryptocurrency exchange (CEX) seeking to deliver a different user experience than most CEXs. The platform expands beyond the limitations of a regular exchange to build a powerful ecosystem with numerous lucrative opportunities for its users.

Echo rewards active participants, whether beginners or professional traders, allowing users to benefit directly from the platform’s growth. This innovative approach has enabled Echo to secure $2.5 million in support from strategic investors during the early funding rounds.

In the wake of Echo’s official launch, Sam Dorrer, Chief Executive Officer at Echo, commented on the platform’s community-centric philosophy:

“Our mission is to create a cryptocurrency exchange that truly prioritizes its users. Echo is designed to be more than just a trading platform—it’s a dynamic ecosystem that fosters long-term engagement and participation.”

Echo welcomes new and seasoned traders, dividing its services into two convenient platforms – EchoX and Echo Pro.

EchoX caters to users taking their first steps in digital asset trading. It provides an intuitive dashboard with easy navigation features and helpful tips. Other supportive features include deep liquidity and high-speed trade execution, which simplify crypto trading for beginners.

Echo Pro is more suitable for advanced and institutional traders, delivering a unique experience to insightful users. This platform has a modular design and provides advanced trading tools, such as real-time analytics, market insights, and strategies, to help traders make better-informed decisions.

EchoX and Echo Pro users benefit from a minimal fee of only 0.1% per transaction.

The ECHO Token

The ECHO token is at the center of the Echo ecosystem. It is a real yield token built on Ethereum that features robust tokenomics. Most importantly, it has a fixed total supply of 1 billion tokens subject to a deflationary mechanism.

Notably, Echo allocates 10% of the daily revenue from EchoX and Echo Pro to repurchasing ECHO tokens on the open market. It will then burn the repurchased tokens to increase scarcity and drive ECHO’s value in the long run.

  • Holding ECHO tokens gives users several perks:
  • Fee discounts
  • Access to premium trading tools
  • Early access to new services
  • Governance rights

Echo is also developing the Echo Foundation, a pool dedicated to funding growth, strategic partnerships, and other governance initiatives. ECHO token holders will have an important say in which projects receive funding through the Echo Foundation.

Rewards and Security

Another aspect that sets Echo apart from other centralized exchanges is its rewarding approach to users. For example, the platform distributes 50% of the fees generated as stablecoin (USDC) yield daily, ensuring the community is rewarded at the same pace as Echo’s growth.

Echo abides by the industry’s highest security standards, ensuring optimal protection for its users and their assets. Some of its maximum safety features include multi-layered encryption, biometric authentication, robust KYC/AML checks, and institutional-grade wallet infrastructure.

The Echo Roadmap

Echo’s official launch and the start of the ECHO token public sale complete the project’s 1st development phase. The rapidly growing Echo community can now look forward to the following milestones on Echo’s ambitious roadmap:

Phase 2

  • The introduction of Echo Pro for advanced trading with cutting-edge tools.
  • The expansion of yield generation models, the integration of trading bots, and additional digital asset services.
  • Echo Elite’s release is tied to Echo Pro and EchoX.
  • An ECHO Token Initial Exchange Offering (IEO) and a USDC – Echo Trading Pair Launch.
  • The establishment of the Echo Community Foundation.
  • The Community Governance system for the platform

Phase 3

  • Echo will expand into Real World Assets (RWAs) trading, leveraging tokenization to unlock traditional asset classes.
  • Full integration of advanced protocols (e.g., peer-to-contract) to enhance collateralized borrowing and lending capabilities.
  • Neobank Rails that will enable seamless fiat-to-token conversions with integrated banking services
  • Fractionalized Assets & Multi-Class Asset Choices, such as tokenizing commodities, stocks, and real estate
  • Collateralized and decentralized lending and borrowing capabilities through the platform’s peer-to-contract protocol
  • Offshore & Digitized Trust Structures will expand custody solutions via the Echo Elite framework.
  • An Integrated Launchpad supports onboarding promising new projects to further diversify and strengthen the Echo ecosystem.
  • Echo will also open the door to the platform’s first tokenized Securities offerings, commodities, property, and private companies.
  • Derivatives Trading
  • Social Trading features
  • Echo Passive Mutual Token
  • Crypto Fund Tokens
  • VISA Cards

Phase 4

  • Full integration of all platform modules
  • Comprehensive Real World Asset (RWA) management and brokerage capabilities

About Echo

Echo operates as a licensed Virtual Asset Service Provider (VASP) under the Regulatory Framework of the Isle of Man Financial Services Authority.

The platform’s partnership with the law firm Simcocks/JurisTrust allows it to offer Trust and Corporate Service Provision (TCSP) – a category that incorporates a PCC. This translates into tax advantages for EchoElite Traders, which means 0% capital gains tax and 0% corporate tax for crypto investments. As a result, EchoElite Traders can keep more of their gains while accelerating the ability to compound their portfolio.

The ECHO token public sale is live now on Echo’s website. The event follows the “first-come, first-served” rule, catering to participants who have already completed the registration process. Those who miss out may have to resort to secondary markets, where prices will vary.

For ongoing updates and community engagement, follow Echo on X (formerly Twitter), Discord, and Telegram.

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Press Release

Wisdomelite Trading Center Launches Tiered Loyalty System to Support Active User Participation

Published

14 minutes ago

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May 15, 2025

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Wisdomelite Trading Center has introduced a structured tier system that categorizes users based on trading activity, offering expanded service access, enhanced support options, and improved platform navigation—strengthening long-term user engagement.

Wisdomelite Trading Center, a global digital asset trading platform known for its operational reliability and user-first approach, has launched a new tiered membership program designed to recognize different levels of trading participation. The system introduces five membership categories—Standard, Silver, Gold, Platinum, and Diamond—automatically assigned based on users’ 30-day trading activity and account usage.

Wisdomelite Trading Center Launches Tiered Loyalty System to Support Active User Participation

The new structure provides a range of practical platform enhancements:

Fee Adjustments: Members in higher tiers may benefit from refined fee schedules across various trading modes.

Support Access: Platinum and Diamond tier users are provided with extended access to the platform’s dedicated support team.

Feature Preview Access: Higher-tier users can opt into early-access testing environments for newly released platform functionalities.

Educational Sessions: Advanced tiers may receive invitations to participate in limited-capacity workshops and analyst-led discussions.

Operational Flexibility: Certain tiers may access expanded platform configuration options tailored to frequent users.

“The tier system reflects an effort to offer appropriate service configurations based on actual platform usage,” said a senior operations manager at Wisdomelite Trading Center. “It enhances how different types of users interact with our ecosystem without promoting speculative behavior.”

The membership dashboard is fully integrated across the mobile and web platforms, allowing users to track their current tier and usage metrics transparently. All criteria are outlined within the Membership Center for reference.

The release of this system coincides with Wisdomelite’s ongoing product improvements, user education programs through Wisdomelite Academy, and broader infrastructure upgrades aimed at delivering consistency and accessibility across regions. Further refinements to tier configuration and service allocation are planned in response to evolving user feedback.

About Wisdomelite Trading Center
Wisdomelite Trading Center is a global digital asset trading platform, offering secure and scalable access to cryptocurrency markets. The platform provides comprehensive services including spot, fiat, and derivatives trading, alongside structured educational resources. With multilingual support and a commitment to transparency, Wisdomelite continues to build infrastructure for a sustainable digital finance environment.

Explore More:
https://wisdomelite.pro
https://wisdomelite-ex.com
https://wisdomelite-trace.com
https://wisdomelite-eu.com
https://wisdomelite.review

Media Contact

Organization: Wisdomelite

Contact Person: Harper Adams

Website: https://wisdomelite.top/

Email: Send Email

Country:United States

Release id:27827

View source version on King Newswire:
Wisdomelite Trading Center Launches Tiered Loyalty System to Support Active User Participation

This content is provided by a third-party source. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release.

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Press Release

Ookla Publishes Analytical Article on the Online Azerbaijan Project

Published

29 minutes ago

on

May 15, 2025

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The article highlights that the project’s completion increased the fiber proportion of fixed broadband services to more than 93% at the beginning of 2025.

Azerbaijan, 14th May 2025 – Ookla, a global company specializing in connectivity intelligence, has published an article dedicated to the “Online Azerbaijan” project, implemented by the Ministry of Digital Development and Transport of Azerbaijan.

Prepared based on research conducted by Ookla’s industry analyst Karim Yaici and independent third-party sources, Ookla demonstrated that the ‘Online Azerbaijan’ initiative effectively bridged the digital divide for a substantial portion of the rural population and drove significant improvements in national median broadband download speeds, including in key cities.      

The article notes that while the average internet speed in Azerbaijan was around 10 Mbps in 2020, this figure had risen to 73 Mbps by early 2025. This increase is a direct result of the robust broadband infrastructure built over four years. As part of the “Online Azerbaijan” project, initiatives to raise awareness and promote digital inclusion were implemented in remote areas. Dedicated user support services and affordable data packages were introduced, significantly improving internet accessibility for all.

The article highlights that the project’s completion increased the fiber proportion of fixed broadband services to more than 93% at the beginning of 2025.                 

Yaici expects that the widespread availability of high-speed internet will further drive the country’s economic growth, enhance digital literacy, and further strengthen Azerbaijan’s attractiveness to investors.

It is worth noting that Aztelekom, the main operator behind the successful implementation of the “Online Azerbaijan” mega-project, was recognized by Ookla with the Speedtest Award for Fastest Fixed Network. In addition, the renowned “IDATE” company, bringing 45 years of international expertise in digital transformation, awarded Aztelekom the Best Practice of Home Broadband Development Award. Both awards were presented to a fixed network internet provider for the first time in the country’s history.

Media Contact

Organization: Ministry of Digital Development and Transport of the Republic of Azerbaijan

Contact Person: Jahangir Atakishiyev

Website: https://mincom.gov.az

Email: Send Email

Country:Azerbaijan

Release id:27736

The post Ookla Publishes Analytical Article on the Online Azerbaijan Project appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Press Release

Buburuza Bank Unveils the Worlds First Fully AI-Operated Digital Bank

Published

29 minutes ago

on

May 15, 2025

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Dubai – May 14, 2025 — Buburuza Bank today announced that beta registration is now open for what it calls the world’s first fully autonomous, AI-run digital bank — a platform that replaces traditional banking infrastructure with intelligent, automated systems.

This isn’t a new interface on top of old systems. Buburuza is a banking system built from the ground up with no employees, no physical branches, and no manual operations — only code. Its proprietary AI agents handle customer onboarding, compliance checks, financial planning, and wealth management autonomously and in real time.

“We didn’t build a prettier front-end for banking,” said Daniel Zakharov, Founder of Buburuza Bank. “We replaced the institution itself with autonomous logic. No forms, no humans — just intelligent agents executing financial services around the clock.”

Licensed to operate globally, Buburuza is designed for borderless users: remote workers, digital entrepreneurs, and individuals underserved by legacy banks. The platform includes global accounts with IBAN and SWIFT access, multi-currency digital wallets, and plans for integrated investment products.

Key features include:

  • AI-Powered Financial Agents: Users interact with always-on assistants that offer personalized insights, automate tasks, and act on user-defined triggers.

     

  • Global Banking Access: Real-time accounts and multi-currency support for users worldwide.

     

  • Automated Compliance and KYC: Seamless identity verification handled by AI without manual friction.

     

  • Borderless, Scalable Architecture: No branches, no customer service reps — the system scales itself.

     

Rather than layering digital UX on legacy banking rails, Buburuza has architected a new model entirely — one where user experience is driven by automation, not by staff.

“Traditional banks scale by hiring people,” said Zakharov. “We scale by spinning up new agents. This isn’t neobanking — it’s post-banking.”

For more information, visit https://buburuza-bank.io 

About Buburuza Bank
Buburuza Bank is a fully autonomous, AI-operated digital financial platform that delivers banking services without employees or physical branches. Built for global users, Buburuza replaces outdated processes with real-time AI systems that execute banking functions faster, cheaper, and more intelligently. The platform is fully licensed and designed to operate 24/7 across borders.

Media Contact

Organization: Buburuza Bank

Contact Person: Daniel Zakharov

Website: https://buburuza-bank.io

Email: Send Email

Country:United Arab Emirates

Release id:27847

Disclaimer: This press release is for informational purposes only and does not constitute financial, investment, legal, or regulatory advice. Buburuza Bank is a fully autonomous AI-operated platform and may not be suitable for all users or jurisdictions. The services described herein are subject to applicable laws and regulatory requirements, which may vary by region. While Buburuza Bank states that it is licensed to operate globally, users are responsible for determining whether access to its services is permitted in their respective countries. All forward-looking statements, including those regarding future product features and scalability, are subject to change without notice. Readers are advised to conduct independent research and seek professional advice before engaging with the platform.

The post Buburuza Bank Unveils the Worlds First Fully AI-Operated Digital Bank appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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