What Is Mithril (MITH)?

Mithril (MITH) is a social media platform that rewards content creators like singers, live streamers, songwriters, podcasts players, video bloggers, etc., for their contributions based on influencers and activity. Mithril wishes to support content creators economically with MITH tokens and add value to their work. The users can also message instantly, post story feeds, discover new users, and perform safe and secure transactions. Mithril runs on the Ethereum blockchain and efficiently conducts all transactions between the parties. According to the whitepaper, the platform aims to become the most optimized blockchain for social network applications.

Mithril also has a protocol to ensure functioning between social networks and the Mithril ecosystem. The ecosystem has features like social mining, vault, and lit. When users create content and bring more value to the network, they earn MITH via social mining. The vault offers an easy-to-use transaction system for all users and helps the platform manage, secure, and spend MITH. The Mithril platform aims to lower the barrier for users' entry from other platforms and allow the integration of more than two platforms in the vault. Moreover, lit enables users to utilize various tools when posting a story on social networks, create chatrooms, and earn MITH. 

MITH is the native token of the Mithril platform that runs on the ERC-20 token standard. The users can earn MITH tokens from the ecosystem and use the tokens within the platform. Mithril's merchant network allows retail owners to accept payments in MITH tokens initially for Taiwan and later for Hong Kong. 

History of Mithril (MITH)

Jeffrey Huang founded the Mithril platform in Q4, 2017. He also founded one of the popular live-streaming apps, 17 media. His ability to learn new technology has kept Jeffrey ahead as a true industry leader. The total supply of the Mithril platform is 1,000,000,000 MITH.