DUBAI, UAE, July 07, 2022 (GLOBE NEWSWIRE) — Recently, MetaBitcoin (MBTC), which implements all Bitcoin ecosystems identically within the Metaverse ecosystem, was selected as the first investment destination for the Alawad Fund.
MetaBitcoin (MBTC) was issued by Meta Satoshi Nakamoto, and has the same elements as Bitcoin, 21 million total supply, 4-year halving, and mining compensation, can be purchased within.
“Alawad Fund,” was launched on March 26 (local time) in Dubai, which is attracting attention as a “The holy land of crypto companies.”
The fund was established as a joint venture between Sheikh Alawad and CEO jojo jiang, and announced that it plans to invest heavily in fostering the crypto industry.
The first fund of “Alawad Fund” is a total of $300 million and will be operated with the goal of quant investment, virtual asset and block chain-based startup investment, cryptocurrency exchange investment, and cryptocurrency cultural content investment with a focus on bitcoin mining is expected.
At the fund establishment ceremony, Alawad Fund’s jojo said, “Bitcoin (BTC) is difficult to mine, there are many restrictions such as electricity bills and mining farms, and there are currently only 2 million mining volumes left. It has a high barrier to entry.” She said, “It is difficult to rise more than several dozen times within a short period of time from now, but on the other hand, MetaBitcoin (MBTC) can be mined easily by anyone, and Bitcoin…
