After a Week of Getting Lit...

Last week I decided to join the 'Lit' Social Media platform which rewards users with Mithril tokens.

Mithril is a relatively new social media based cryptocurrency network. It does not utilize the STEEM blockchain. Instead, it's a token based on the ERC-20 standard established by Ethereum.

Lit allows you to share pictures and videos with your followers for a 24 hour time period. You earn Mithril tokens for your posts.

I joined Lit exactly a week ago. I have made a little over 1.5 Mithril tokens and earned an astounding 110 followers. Although 1 Mithril token is currently valued less than the dollar, as the ecosystem grows, it is possible the price will grow with it. In the future, more applications will be launched that utilize the token. It would be nice to see some familiar name/faces on another platform. Download 'Lit' and follow me! Hive account@jeffjagoe

Blockchain apps like STEEM & Mithril will continue to push the major social media giants to incorporate cryptocurrency into their business model.