July 17, 2018 — Mithril announces the launch of “Global MITHRIL Forge Fund 1” (“Fund”).

Mithril will act as the cornerstone investor of the fund; the fund will invest in organizations that enrich and accelerate the growth of Mithril and its 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.