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Mithril($MITH)
$0.00429457
Low $0.00412716
High $0.00504152
What is Mithril?
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...
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.The process of building a social media platform from the scratch is a long, rigorous and exhausting one. Even though blockchain based social media platforms are not new innovations, they usually cannot interact with existing platforms. The Mithril integration protocol permits MITH mining on all social media networks. Therefore, Mithril can also leverage existing sites for their own purposes. In addition, it permits content influencers to make use of their pre-existing followers network to mine Mithril. This acts as a big plus to the Mithril ecosystem. It requires less stress and work than establishing followers on an entirely new platform. It also helps Mithril to have an edge and a bigger pool of users. This means that, content providers only need to start making use of the Mithril integration protocol in order to make more money.
Instead of an ICO, Mithril held a private crowdsale where 400,000,000 MITH was distributed and 50,000,000 was retained by the Mithril team for development and marketing. Mithril MITH tokens are mined by participating on partner applications and this social mining is a gamechanger. Creating and sharing content earns Mithril MITH, which can then be spent with partner applications. Because mythril is a crafting ingredient in the Final Fantasy video game series, online searches for how to spend MITH have these pages mixed in, which will likely continue for several years until the platform gains enough big-name retail spending partners to rise up SEO rankings.
MITH is currently available on Bithumb and OKEx, but more exchanges will likely list the token soon. Although exchanges are never the best place to store your cryptocurrencies due to security concerns, this is one possibility. Better would be to store them using an ERC-20 wallet that allows you to add custom tokens, such as MyEtherWallet, MyCrypto, or Coinfy.
Although the Mithril platform and its flagship social network Lit are still in fairly early development, as an early mover, they are poised to be a leader in the decentralized social networking space. If Mithril gets its way, centralized social networking companies may soon have worthy competitors that offer users more control of their data while rewarding people for creating the content that is ultimately the life-blood of all social networks.
Influencers
CoinScouts Grade
Market Statistics

Volume
$654,575.00
Market Cap
$2,666,454.00
Fully Diluted
$4,294,570.00
Market cap Value
24.55 %
Circulating Supply
618,753,636
Max Supply
∞
Total Supply
1,000,000,000
% of Total Supply
61.88%Self Reporting
Self-Reporting Dashboard (SRD)
Statistics
Mithril Statistics
Name
MithrilTicker
MITHPrice
$0.0042945724 Hour Trading Volume
$654,575.0024 Hour Volume Change
231.61%Market cap
$2,666,454.0024 Hour Market Cap Change
-12.64%Fully Diluted Market Cap
$4,294,570.00Price change 24 hour
4.81%Price change 7 days
-12.64%Price change 14 days
7.11%Price change 30 days
73.49%All Time Low/High
$0.00239158 | $3.82Percentage Change Since All Time High
-99.89%Percentage Change Since All Time Low
79.72%Market cap rank
#1547Volume / Market Cap
0.24549Issuance Blockchain
EthereumCirculating Supply
618,753,636 (61.88%)Max Supply
∞Total Supply
1,000,000,00024h Volatility
$0.00Twitter Followers
142Telegram Users
2,947Reddit Subscribers
2,962Github subs
n/aGithub issues
n/aMithril Markets
Upcoming Mithril Events
No upcoming events for Mithril known.
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Mithril News

Cardano price explodes by 20% thanks to smart contracts, Mithril and superior technology- Report
Cardano (ADA) is among the top gainers, rising by more than 20 percent over the past week....Read full story
y CryptoNewsFlash
Last updated 27 days ago
Bullish

Binance Replies Delisted Mithril Request for BNB Insurance Sum Refund, Claims Entitlement to Partial or Whole Sum
Binance recently explained to delisted project Mithril that a clause in their contract entitles it to Mithril's initial insurance deposit....Read full story
y Coinspeaker
Last updated 1 month ago
Bearish

Cardano price explodes by 20% thanks to smart contracts, Mithril and superior technology- Report
Cardano (ADA) is among the top gainers, rising by more than 20 percent over the past week.... Read full story
By CryptoNewsFlash | Last updated 27 days ago |
Bullish

Binance Replies Delisted Mithril Request for BNB Insurance Sum Refund, Claims Entitlement to Partial or Whole Sum
Binance recently explained to delisted project Mithril that a clause in their contract entitles it to Mithril's initial insurance deposit.... Read full story
By Coinspeaker | Last updated 1 month ago |
Bearish

Binance will not refund Mithril 200,000 BNB after delisting
Binance CEO CZ defends the decision made by the Binance team to delist Mithril from the exchange and confirms that the exchange will not refund the 200,000 BNB deposited.... Read full story
By Crypto news | Last updated 1 month ago |
Bearish