What is Social Mining?
Social mining is a brand new concept that rewards all content creators. By simply sharing your stories here, you can earn rewards based on your content and social influence.
Mithril (MITH) is a ERC-20, utility token which utilizes Lit, a social media platform, that enables Social Mining of MITH by rewarding its users for contributing their personal content to the network in the form of instant messaging, and story feeds.
Basic Information
English name of Token: Mithril
Ticker of Token: MITH
Chinese name of Token: 秘银币
Country of Incorporation: Seychelles
Investors:Sora Ventures, Qtum Foundation, Pantera, Blockstate
Industry&Facts & figures: MITH will debut on OKEx. The Lit app will launch in early March.
Description of the project:MITH is a ERC-20 social media token on the Ethereum Blockchain. Mithril will be integrated directly into new and existing social media networks to reward users and their operator for their contributions to the network.
MITH will launch as a utility token on Lit, an innovative social media platform that addresses the needs of this current generation of users. This younger generation of social media users seeks a platform that addresses both their needs as early crypto adopters as well as their evolving needs in social media.
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. The Mithril Merchant Network aims to allow retail acceptance of MITH as a payment method, beginning with Taiwan, Singapore, and HK retailers at launch. The MITH network, armed with its user base of social influencers, will be a highly-desirable customer base which Mithril Merchant Network partners will benefit through a deep MITH integration.
ICO details:
Total available supply:1,000,000,000MITH
Tokens in circulation: 300,000,000MITH （2018/2/23）
Pre-sale start date: Angel round（2017/9/17）Pre exchange round(2018/1/17)
Pre-sale amount: 300,000,000MITH
Pre-sale price:1 ETH = 5,000 MITH
Token distribution:
30% token exchange;
5% early backers and advisors;
5% development team;
20% community development;
35% social mining;
5% future reserves
Last week was a huge week to Mithril, with lots of great news blooming here and there.
We are grateful for all the support, and thrilled to have received an abundant amount of great suggestions and feedback to improve our first app, Lit.
We are delighted to announce that Lit is now available on both Google Play and App Store!
iOS：https://itunes.apple.com/app/id1339576055
Android：https://play.google.com/store/apps/details?id=com.masterplan.lit