According to @milesdeutscher, Echo runs VC-style private token sales and now powers Coinbase's launchpad. Source: @milesdeutscher on X https://twitter.com/milesdeutscher/status/1998116822114324850 Legion is a merit-based launchpad where on-chain and social scores determine allocation, and it also powers platforms like Cookie and Kaito. Source: @milesdeutscher on X https://twitter.com/milesdeutscher/status/1998116822114324850 MetaDAO offers governance-focused ICOs with a built-in treasury designed to cap volatility and reward long-term holders. Source: @milesdeutscher on X https://twitter.com/milesdeutscher/status/1998116822114324850 Buidlpad provides retail-friendly public ICOs that require KYC. Source: @milesdeutscher on X https://twitter.com/milesdeutscher/status/1998116822114324850 @Eli5defi has an infographic summarizing these platforms. Source: @milesdeutscher on X https://twitter.com/milesdeutscher/status/1998116822114324850 Trading takeaway: allocation mechanics, volatility controls, and KYC requirements differ across these models and should guide participation timing and sizing. Source: @milesdeutscher on X https://twitter.com/milesdeutscher/status/1998116822114324850