Sonar by Echo launchpad is dedicated to providing crypto startups with ID verification and legal compliance services for high-quality ICO launches. It enables projects to leverage Echo’s identity infrastructure and design their own token sales based on custom rules and criteria.
Since its inception in 2025, the platform has successfully launched two projects - MegaETH and Plasma, with the latter achieving over 33x ATH ROI and nearly a 20x oversubscription rate.
Sonar crypto platform provides Web3 startups with a comprehensive infrastructure for effective public fundraising. It is part of Echo, a launchpad offering access to private round investing in new startups and token projects alongside professional investing communities.
Now, Sonar by Echo crypto launchpad offers the same exposure to high-quality Web3 startups through public token sales, aiding them with Echo ID infrastructure and a legal compliance framework. This allows blockchain projects to launch their own ICOs under any major sale model, including auctions, FCFS, priority sales, and more.
In 2024-2025, the platform made headlines with its first public sale, Plasma, an L1 network custom-built for stablecoins, specifically $USDT. The sale introduced a unique structure featuring a multi-month pre-deposit campaign and integration with Sonar’s ID framework.
As a result, the Plasma $XPL public sale Sonar by Echo concluded with 20x oversubscription, a massive token airdrop for participants worth at peak ~$10K, and more than 33x ATH ROI. In October 2025, MegaETH launched its token sale via the platform, aiming to raise $50M at a $1B FDV.
Given the growing interest within the crypto community toward Sonar launchpad sales, the CoinLaunch team analyzed the platform and identified several pros and cons:
✅ Sonar pros:
❌ Sonar cons:
| Project | Score | Round Score | End Date | Price | Amount to Raise | Status | Industry |
|---|---|---|---|---|---|---|---|
62 | Medium | 25 Sep | $50,000,000 | Active | |||
76 | Medium | 21 Nov | $0.01 | $50,000,000 | Past | ||
61 | Medium | 05 Dec | $0.025 | $600,000 | Past | ||
76 | Very High | 20 Dec | $0.0473 | $64,740,000 | Past | ||
39 | Medium | 25 Dec | $0.2 | $20,000,000 | Past |
| Fund | Score | Type | Project Support | Social Influence | Co-investments |
|---|---|---|---|---|---|
| Low | Venture | Medium | Medium | 2 | |
| N/A | Venture | High | Very Low | 2 | |
| N/A | Corporate | N/A | N/A | 2 | |
| N/A | Angel Investors | Medium | Very High | 2 | |
| N/A | Exchange | N/A | N/A | 2 |