On November 10th, Metabit Network established the Metabit Foundation Blockchain Ecological Fund in Singapore on November 8th, marking its new journey in the global blockchain field. The Metabit Foundation plans to officially launch in early 2024 and incubate a diverse range of ecological projects globally. The foundation will adopt a synchronous online and offline approach and select the following 10 countries for global launch through mining programs worldwide, including the United States, Japan, Germany, South Korea, India, Brazil, the Philippines, Vietnam, Canada, and Thailand. The formulation of this strategy aims to promote the global development of blockchain technology, promote the vigorous development of new projects, and provide more extensive participation opportunities for global users. The establishment of the Metabit Foundation is considered an important move in the industry, aiming to make positive contributions to the innovation of blockchain technology and the prosperity of the global ecosystem.