Digibyte (DGB) To Get Liquidity from EGW Capital Funds Meant for Ethereum Killers Users Getting Ready to Fill BagsOctober 29, 2020
Users have to state that this is just the time to fill the bags with Digibyte because DGB is becoming stronger than others. In the past when everyone thought that Digibyte was dead; reportedly, it pumped over 800%.
Rahul Kumar, CEO of EGWCapital tweeted: “EGWcapital will be launching a US $100 million #blockchain diversified fund. The fund will invest 40-45% of its size into $DGB coins. The idea is to take #digibyte to the Wallstreet and make it easier for them to invest.”
Further expressed, the fund will file a prospectus with the SEC in January 2021. Also, they are currently building up the team and the prospectus is around 60% ready. The fund shares will trade on OTC QX markets, USA.
The fund will bring liquidity into DGB coins. Plus, they are set to allocate $5 million for Digiassets based projects. They are set to finance them to build, list, and make markets for their coins. Adoption requires investment and mainstream investors can add great value.
In this regard, Sydney Ifergan, the crypto expert, “It is important for Digibyte (DGB) to become a commercial hit to keep its users happy.”
Some of the users think that DGB’s price will most likely be lower than what it is right now and that DGB community are getting cruel and unusual punishment in terms of price. Some great news will make such users happy.
Digibyte (DGB) As Ethereum Killer
SegWit was implemented in early 2017. Since then, DGB can be used for atomic swaps with other blockchains in a safe and secure manner. There is no need of a second layer network for performing these transactions. Digibyte Network permits the protection of valuable information without risk of fraudulent access.
The very first DigiByte Memes GIF hit nearly 1,000,000 shares. This just made look like DGB is everywhere.
Jared Tate reinstated on how DigiAssets can most definitely do anything “DeFi” & smart contract related.
Some of them are confident about DGB and they state they are getting ready for the second wave. It looks like it is just a matter of time before DGB can get great adoption.
Rahul Kumar stated, that their focus is to support two great Blockchains DGB and DOT through their $100 million funds. The fund has focused on Ethereum killers. The love I received from the Digibyte community cannot be compared to anything else.