First of all, I would like to pointed out that Mixin is an active project(not an ico project). Furhermore Mixin is in the coinmarketcap's top 100. I will put related links at the end of my blog.
Let's begin to describe Mixin;
Mixin is a blockchain based new generation transiction system. Basically Mixin is a ledger. Mixin propose to solve current system problems and make it. I will try to explain step by step how Mixin are able to do it.
Current system and bitcoin have several problems like belows;
High transiction fees and security problems(Mixin especially solves this security of transiction-I will explain this point more detailed)
Inadequate capasity of transiction and slow confirmation problems
Additionally Bitcoin has grown too fast at last several years. Many problems occured due to this fast growing.

Project of Mixin is solving abovementioned problems. As I pointed out previously Mixin is a ledger that provides to you make more efficient transiction. Pluses of Mixin;
Low or zero transiction fee
Provides public distrubition
It has a high performance and Mixin is open-minded
They have lot of working product; like Mixin Kornel & Mixin Domain.
Mixin Kornel + Mixin Domain =Ledger
It means that you can also use your Mixin Domain as a ledger.

Mixin Kornel

Mixin Kornel is main structure of Mixin Network. Mixin defined as a core in their whitepaper. I will also put Mixin whitepapers links at the end of my blog. The most important feature of mixin kornel is security issue.
For the transiction from A to B;
Kornel uses both sides private keys and create three random Ghost OutputsThreshold. By the way transictions will be more secure.
Mixin creates a transiction networks which provides to you make transiction between different platforms(BTC, Ethereum, LTC, EOS end so on). You can not do this kind of transiction at other platforms. For instance you are not allowed to to this in ethereum network. Actually you can do this however your transiction will be disappear.
Mixin Network also has a exchange-Ocean one. I will explain ocean one at my upcoming blog about mixin network.

At my next blog, I will write about 'products of Mixin project' and 'Creating Dapp isuue'.
You can find related links at below;

Web: https://mixin.one/
Whitepaper: https://mixin.one/assets/Mixin-Draft-2018-07-01.pdf
Market Cap: https://coinmarketcap.com/currencies/mixin/
Blog; https://medium.com/mixinnetwork

Regards/Saygılar Dilerim
Marginatus