Mithril

A Decentralized Social Media Platform

ERC20 Token

Mithril (MITH)

Mithril is a decentralized social media platform on the Ethereum Blockchain. Mithril will integrate into new and existing social media networks to reward content creators for contributions to the network – we call this Social Mining.

Mithril (MITH) will leverage blockchain technology to ensure that transactions are secure and safe for all participants. This technology revolves around decentralized data storage that can record transactions between parties in a efficient, trustless, and immutable manner. With MITH tokens, users will be able to spend it across the MITH application
ecosystem, such as dating services, premium content channels, and live stream applications.

“Our decentralized model will give power back to the content creators, thus providing incentive for content creators to deliver quality content and attract highly-influential users and viewers. This is the genesis of the Mithril ecosystem. With the large influx of quality users and viewers, we believe that the Mithril ecosystem will quickly generate significant amounts of revenue for Mithril partners and their content producers, thus making the Mithril network more sticky for both content creators as well as Mithril Partners. This creates a virtuous cycle that enables sustainable growth.”

Buy & Sell
Positives

  • Social Networking Is Obviously A Huge Industry. Rewarding User Interaction & Activities Will Enable Non-Crypto Users To Participate Easily.
  • Great Website. Super Clean And Easy To Research. Whitepaper Is Equally As Good.
  • Solid Partners Including The Sora Foundation And QTUM
  • Rewarding Social Interactivity With Blockchain Technology Allows For Immutable And Fair Reward Structures.
  • Low MITH Token Supply Considering Application.

Exchanges
Concerns

  • Plenty of competitors in this space. Kin, Gifto, Reddcoin to name a few. Slightly different models but worth considering.
  • Website while well designed and easy to research, doesn’t go into a lot of depth. Easy research for consumers, not so easy for long term investors.
  • No other concerns here. An interest take on social network rewards. Keep an eye on Mithril through 2018. Speculative/good mid term investment.

Official Links
Token Details

Token Type

ERC20

Powered by the Ethereum Network. Can be stored on any ERC20 compatible wallet e.g MyEtherWallet

Token Statistics

Supply

• Ticker: MITH
• Total Supply: 1,000,000,000
• Circulating Supply: 300,631,923
• Token Use: Content & Fees

Founders

The Team

Jeffrey Huang (Founder)
Roy Lin (Product Manager)
Li-Chun Yang (Senior Dev)
More

Industry

& Competitors

• Social Networking
• Rewards & Incentives
• Competitors – Kin, Reddcoin, Gifto

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