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  • Mithril aims to create a content ecosystem where content creators will be directly rewarded with economic means.
  • When a user posts content on the social media platform Lit, the Mithril algorithm calculates the amount of Mithril tokens that users should receive, and updates their balance on the iOS/Android apps. This process is called social mining.
  • Another product Mithril developed is Vault: users can use MITH token to pay for for dating apps, premium content, and live-streaming, or across Mithril Merchant Network to purchase retail, physical products in Hong Kong and Taiwan.
  • The Mithril token (MITH) is used as a reward for content creation, as well as payment for various services within the Mithril ecosystem.