Metatao announced the launch of its first mining investment fund, Metatao Mining Investment Fund I
ChainCatcher message, the "Zhen" series event co-hosted by ChainCatcher and RootData was held today in South Korea, with the theme "The New Opportunity of Web3 in Seoul." Metatao founder Steven announced the launch of the first phase of the mining investment fund Metatao Mining Investment Fund I during his keynote speech at the event, with a total planned scale of 20 billion Korean won.Steven stated that mining machines are the primary productive force for the development of blockchain, and they are the infrastructure of the future value internet. The future internet will be built on mining machines and networks that are collectively invested in by ordinary people. The operators of the future internet will no longer be large companies like Tencent, Baidu, and Google, but rather individual mining pools and large miners. Meanwhile, Tencent, Baidu, and Google will gradually evolve into application-level service providers. Metatao hopes to collaborate with more corporate partners to participate in the investment and construction of future internet infrastructure.