1 Level
5 Review
0 Karma
Review on Mithril by Emily Harris
Mithril aims to bring back life to social media by using social power to mine…
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.
Pros
- Vault Application: any Mithril mined can be sold or spent on social media apps that have adopted the cryptocurrency or it can be converted to other coins by using the Mithril Vault application. The vault proffers the statistics, options of different products and actual estimation of rewards based on the impact its contents and characteristic features.
Cons
- This feature is quite similar to Instagram and Snapchat’s story model, of which approximately one-third are directly associated with business accounts, furthering the idea that Mithril can leverage this tool for businesses for their digital marketing campaigns.
