Mithril News and Price Overview: Mithril Launches Global Forge Fund. Monday, July 23
Important Mithril News
Mithril Launched Global Forge Fund
In the process of development of Mithril platform, a forge fund has been created in order to invest in organizations and developers who wants to accelerate the growth of the whole Mithril ecosystem. Sectors considered include social, entertainment and payments.
"Global MITHRIL Forge Fund 1 works off one simple concept - MITH in, MITH out. This means Mithril token will be the sole investment currency. Upon exiting any investment, MITH received from exit will be reinvested into further growth of the MITH community. If returns are received in the form of fiat, MITH will be purchased from the open market. The mandate of the fund is to grow the Mithril ecosystem, with social mining as a starting point, developing social, entertainment and payment use cases for the ecosystem in the process."
MITH added to FCoin exchange
Mithril announced that its token has been added to another exchange, which can boost its presence in cryptocurrency world and increase trading volume. The announcement says: "We are pleased to announce that Mithril is listed on FCoin, and officially starts trading today!" FCoin is the world's first transparent digital asset trading platform with assets, and when it comes to its interesting features, they will distribute 80% of the revenue to FT holders on schedule.
MITH/USD Price Chart, Monday July 23rd:
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