Mithril is a decentralized social media platform that rewards all content creators.
Content creators in social media are rewarded for posting their photo/video stories on Lit - this is what we call Social Mining. When users post content on Lit, the Mithril algorithm calculates the amount of Mithril tokens that users mine, and updates their balance on the iOS/Android apps. Product/application is already available on iOS and Android stores.
Another product is Vault. The functions includes "Staking", "withdraw", and "shift". This will be a useful tool for us to complete Mithril Ecosystem platforms, where users can use MITH token to pay for for dating apps, premium content, and live-streaming, or across Mithril Merchant Network to purchase retail, physical products in Hong Kong and Taiwan.
In order to disintermediate Facebook/Instagram/Twitter, etc., decentralization is the most viable path, as combating these existing platforms on revenue share is impossible. By applying blockchain technology and launching Mithril, social media applications and others that host content creators can all leverage Mithril to compete against these existing players, together.
Max Supply: 1,000,000,000
To view the White Paper, please visit:
Binance (CRYPTO:BNB) is a cryptocurrency exchange with a focus on the Chinese market and other Chinese coins. Currently, it supports English and Chinese users. The Binance token (BNB) was created during the ICO event to fund the development of the Binance exchange.
Binance is capable of processing 1.4 mil orders/second, has multi-language support and has all the major coins available – BTC, ETH, LTC, BNB etc. Trading fee is 0.1%.
Binance Mission: Commit to offer the professional, secure and transparent one-stop service to users in digital currency industry.
Binance Scale: Binance has over millions registered users from over 200 countries and regions.
Binance official website:
Mithril (CRYPTO:MITH) is a decentralized social network ecosystem. It emphasizes on the demand of users, as it integrates all sorts of social network to date and rewards content creators with blockchain technology. The Mithril token is a decentralized token based on the ERC-20 standard established by Ethereum. Social Mining is an all-new mining concept that rewards all content creators with MITH according to the value of their posts and interactions.
Link: Mithril White Paper