The Future of Mith

There are a lot of cryptocurrencies flooding the crypto space at the moment. Some of them are legitimate, others have large potential, while a few are scams. One such cryptocurrency with huge potential is MITH — from the Mithril platform.

Mithril Platform and Lit

Mith is a token that makes use of social mining to provide users with crypto rewards. Mithril will work with different social media platforms and will then reward users who produce good and interesting content on these platforms. Likes, views, and watch time will be used to determine who gets what.

With the help of blockchain, Mithril will make sure dealings on the platform are safe and protected for users. MITH will function as a utility token on Lit — which is a social media platform that is tailored to fit the tastes of the current generation of social media users.

Users will be able to use these MITH tokens in the Mithril ecosystem, which will include content channels, live stream platforms, and dating services. With a plethora of content providers, the Mithril network will be a highly engaging and popular platform.

Performance of MITH

It is worthy to note that MITH is the third most impressive coin of 2018. It has grown a whopping 240.27% against Bitcoin. This doesn’t follow the route of a lot of other cryptocurrencies as they have shed more than Bitcoin.

In the long run when Mithril gains more traction, more content creators and web influencers will use social media platforms that offer social mining rewards. Users will possess the ability to spend and sell MITH tokens that have been mined on any social media platform adopted by Mithril. This can then be managed with an application known as Mithril Vault.

Upcoming Plans in the Works

MITH and Mithril will be huge and revolutionary for the world of social media and social networking. Users will have the opportunity to invest a lot of their time on platforms and be rewarded as a content creator.

Mithril will serve as the utility token on the Lit app. Lit will ensure that the needs of modern social media users are met. The popularity of the Lit App in Asia is huge and it’s reach is only growing. The marrying of two revolutionary platforms in social media and blockchain technology will ensure that Mithril’s effectiveness is at a premium.

Mithril’s development team is currently working hard to establish a merchant’s network capable of granting users access to their tokens. Since the tokens are structured on ERC-20, a lot of the features will be similar. Users will be given the opportunity to use the tokens on streaming platforms, dating apps, and content channels.

The Future

When it comes to cryptocurrency and social mining, MITH and its platform have raised the bar very high. Users will be able to earn tokens while doing what they normally do — that is, being active on social media. In the long run, Mithril will hopefully become one of the big players, and pioneers, of the phenomenon that is called social mining.