Review on Mithril by Huseyn Akberov

Mithril is bringing this social trend to the blockchain, along with decentralized competitors such as Sapien, Steemit, Sola, Indorse, and Waves. It initially used the Ethereum blockchain to create an application ecosystem and rewarded creators and curators of social content for participation with MITH tokens.

With the launch of the Mithril mainnet on April 18, 2019, it announced the migration to the Binance Chain BEP2 standard.

Mithril (MITH) has nothing to do with the Ethereum-based project Mithril Ore (MORE). Jeffrey Huang, the founder of company, believes that content creators should benefit from the platform instead of using it as collateral. Social mining and standardized "tips" through Patreon alternatives is a novel concept, but it's easy to see it take off.

Although it was only launched in March 2018, Mithril has soared on the rankings as one of the most valuable cryptocurrencies. Therefore, the goodwill of Mithrill MITH is there.

Before exploring the market viability of Mithril and determining whether it is worth it, let us review the platform’s proprietary BEP2 token MITH in terms of market capitalization and exchange rates.

MITH Token Breakdown The total supply of

Mithril is 1,000,000,000. The highest price so far was $1.47 on May 11, 2018. Since then, the exchange rate has stabilized below US$0.50 in 2018 and 2019.

Mithril conducted a private ICO collective sale for qualified investors instead of a public ICO. At this event, 400,000,000 MITH were distributed and the Mithril team reserved 50,000,000 for development and marketing.

Mithril MITH tokens are mined by participating in partner apps. This social mining has changed the rules of the game. Create and share content to earn Mithril MITH, which can then be used with partner apps. Since mythril is a production component in the Final Fantasy video game series, online searches on how to use MITH will be mixed up on these pages, which can continue for several years until the platform has enough reputable retail investment partners to improve. SEO ranking.

In the end, like Facebook, merchant networks will be drawn to the ecosystem, and low transaction fees and direct payments should open up social sales channels for small and large businesses.

The scourge of social media and fake news

Social media is not easy to build and populate. Although Facebook and Twitter have been media favorites for keeping users engaged for many years, these platforms have been experiencing resistance since the 2016 US elections.