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Review on Mithril by Ogundele Raphael

Revainrating 4 out of 5

Mithril believes strongly that anyone who creates valuable content to a…

Mithril believes strongly that anyone who creates valuable content to a network should be able to benefit monetarily from their work. It seeks to deliver this concept through the use of blockchain technology, enabling decentralized data storage in an efficient, trustless and immutable manner. It is built on top of the Ethereum blockchain and one of its key features is social mining, whose goal is to encourage users to share and create valuate content on the platform.You can think of Mithril as Instagram on the blockchain.



Pros
  • Mithril has a number of strategic partnerships, including one with Arsenic, a community of models, artists and creators with a reach of over 150 million worldwide. The community has one of the highest celebrity following of any media company as a result of its dedication to freedom of expression and open-mindedness. As a result of their partnership, Arsenic plans to publish content on the Lit platform.
Cons
  • As at now, it is only available on a socaila media called LIT

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