Echooo started a competition in collaboration with Neo, which aims to encourage users to install Echooo wallets and create abstracted Neo X accounts. This campaign will offer a $100,000 prize pool with Echooo points. This can be redeemed for future airdrops and has $2,000 in gas as an additional reward. The competition will be open from February 27th to March 13th.
Echo Wallet
Echooo Wallet is an ERC-4337 Account Abstraction Smart Wallet that integrates multi-party calculation, AI, and hardware-level security through a trusted execution environment. Unlike traditional wallets that directly associate accounts with a single private key, AA wallets offer enhanced security by separating accounts from private keys.
This structure offers important advantages.
- Security improvements – Transactions require multiple signature verification, reducing the risk of a single point of failure.
- Social Recovery – If the private key is lost, the account can be recovered in advance through the set recovery mechanism.
- Programmable Features – Users can adjust signature thresholds, set trusted addresses, and provide even greater security and flexibility.
How to participate
To participate in the competition, users must download Echooo wallets and set up a Neo X AA account. NEO covers account creation fees, so no advance payment is required. After setting up the wallet, participants must complete various social tasks and link the wallet to qualify for rewards.
For more information about participation and eligibility requirements, please see the link below.
https://medium.com/@echoowallet/how-to-particate-in-the-echooo-competition-4903983c5405
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