1 Level
5 Review
0 Karma
Review on Mithril by Nicole Koch
The team at Mithril feels that due to the predicted influx of viewers and usersβ¦
The team at Mithril feels that due to the predicted influx of viewers and users, the Mithril ecosystem will be able to generate large quantities of revenue for those engaged in social mining and begin to do so very quickly. As the network becomes more popular, the profit opportunities will increase, encouraging more growth and leading to continuous growth.
ο»Ώ
Pros
- If users prefer, they can also use the Mithril Vault to seamlessly exchange their MITH for either ETH or BTC. Since those cryptocurrencies are supported by most wallets and widely accepted by various platforms, the options for using Mithril become limitless. Users could even utilize an exchange to convert their ETH or BTC into fiat currency. The Mithril Vault also lets you store and use your MITH tokens for as long as you want.
Cons
- The process of building a social media platform from the scratch is a long, rigorous and exhausting one. Even though blockchain based social media platforms are not new innovations, they usually cannot interact with existing platforms. The Mithril integration protocol permits MITH mining on all social media networks. Therefore, Mithril can also leverage existing sites for their own purposes.
