Review on Mithril by Jo Andy

Name: Mithril
Item: Mithril
Rating: 5

August 28, 2018

Mithril is a decentralized ecosystem on the ethereum blockchain. It is a…

Mithril is a decentralized ecosystem on the ethereum blockchain. It is a system that rewards users who engage in “social mining”. Mithril rewards users for the impact their content may have in viewers and the popularity it attracts, such as number of likes and views.  In the blockchain network and cryptocurrency, Mithril is a very innovative idea that aims to change the way we think about social media entirely. This particular innovation will decentralize and reward social media content creators in a fair and open way.
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Pros

Mithril aims to bring back life to social media by using social power to mine and bring people closer together. While other social media platforms are out to harvest user data, Mithril aims to reward content creators instead. With the goals and ambitions of Mithril, they will need a fair share of technology to make it all work. All actions and contents provided on the platform will be rewarded and this will encourage people to use the platform frequently.

Cons