Mithril (MITH) is a ERC-20, utility token which utilizes Lit, a social media platform, that enables Social Mining of MITH by rewarding its users for contributing their personal content to the network in the form of instant messaging, and story feeds.
In essence this is much the same way Steemit users earn STEEM and SBD for their contributions on the Steemit platform and through the mobile app eSteem. However, instead of the content staying around for a prolonged period of time the content generated is much like the stories posted on Snap chat. Since stories posted on lit are time sensitive and automatically removed from the platform within 24 hours, it will allow users to be more carefree about the content they share compared to the content shared on the steemit platform.
The Lit app can be downloaded for android and apple using the link provided here and you can read more about this new cryptocurrency on their Whitepaper It seems to be taking off pretty quickly though by examining coinmarketcap as the price per MITH has risen over 140% just over the past 24 hours alone!! So if you do decide to download the app and give Lit a try, please add me (Username: @tspink) It never hurts to have more social media platforms to earn with in addition to steemit!!
Can only be bought on OKex. I'm not touching that exchange after reading all the stories from people not being able to transfer their tokens.
You don't need to buy into it at all. Just download the app and start earning MITH :)
Hehe, OK.
This is a really cool concept. Thanks for sharing!! Will download and add you.
Looks good, might be a cool alternative to check out... I get a bit nervous thinking about the fact that everything I write will be saved in the blockchain forever ever ever ever...=)
I couldn’t agree more @friendly-fenix if you end up downloading it add me and that way if we don’t get rich off Steemit at least we can give Lit a try lol
I am with you on that one bro, just a bit afraid I might spread myself too thin. Not sure how much time I actually can invest in these crazy projects crypto-socialmedia platforms, and steemit has been treating me quite well lately, even though I had a small "hiatus" from steemit, it feels good to be back! =)
I definitely understand that man! Glad to hear Steemit has been treating you well tho lately :)
This could be another way to earn. This is a good try. Upvoted and commented by rubelynmacion of krypto
Agreed! I've been testing it out and so far so good. I plan to go a earning comparison to steemit in about a week to see how the earning potential is in comparison :)
I will wait for that comparison. I will eagerly wait tspink.
Check this game out, look close with an open mind with what this new concept is doing with open source Ethereum ERC-20 smart contracts, decentralized exchange and passive income. The game is on it's way to passing the crypto kitties game on the Dapp Radar. The smart contract is coded to tax 10% of the ETH. when users purchase the (P)roof (O)f (W)eak (H)ands tokens and divides the ETH. tax to people who are already holding and also 10% of when users sell “20% total”. The name of the game is to hold as long as you can while you get earnings from the constantly taxed “Strong hand” buys and the taxed “weak hand” sells. If you don’t want to play anymore, you can pull out all your earnings all at once but with a 10% tax fee that gets divided to the stronger hands. This is what the ERC-20 smart contract is programed to do. Doesn’t hurt to look at the contracts open source code at least, don’t let the opportunity pass you by.
https://powh.io/?masternode=0x32c37e7ca38be1f85cd9e85c81ac9b6730f43e3e
Thanks for this post
You’re welcome. Thanks for stopping by :)
the app is not on google playstore....from kryptonia @everdope
Hmm I have apple so I haven’t tried the google play store myself but it says it’s listed here https://lit.live
Nice one keep it up. Kryptonia id @chetachi26
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