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Fenbushi Capital Completes Collection Of Filecoin Ecosystem Special Fund With Final Management Scale Marking 300K FIL

Thu, 25 Mar 2021, 02:18 am UTC

Fenbushi Capital has completed the collection of Filecoin ecosystem special fund. The Fund was over raised as a whole, and the final management scale was 300,000 FIL. In addition to Fenbushi Capital itself and Protocol Labs, the funders of the Fund also include mining service providers (1475, ST Cloud, IPFSUnion, and KeyPool), institutional investors (Bigger Capital, Bitrise Capital, FBG, Coinsumer and SNZ); public chain Neo Eco Fund, exchanges (Bitmart and Whalex), Math Wallet, Bixin founder WU Gang, MyKey founder Gulu, and some other individual investors. The investment scope of the fund will cover projects related to IPFs/Filecoin Ecology (excluding FIL mining service company).

Previously, it was reported that the SAFT of the Filecoin token in the preset release will be released linearly on April 15. After that, the number of Filecoin circulating in the market is expected to decrease by 280,000 pieces per day, or 43.2% per day. At present, there are 21 days left for Filecoin to cut back the output.

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