PANews reported on March 26 that Hack VC, a crypto fund with a management scale of US$600 million, announced the launch of the Echo group, which aims to open up its deal flow and promote community participation in investment. The new mechanism waives performance fees in the first year and advocates that investment projects open up financing to the community and give lower valuations.
Crypto venture capital Hack VC launches Echo group to promote community-based investment model
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