The present realities surrounding social media networks, their businesses and economic values to the stakeholders have a huge differential and leaves so much to be desired. And Mithril intends to disrupt that ecosystem with their tokenized platform using an Ethereum based token – MITH, which creates a reward system for social network users regardless of circle, influence, and experience.
The success of Mithril investments is hinged to their Lit app, which grants users access to social mining services across multiple networks that are compatible.
They started out through a private sale of their coins with a unique approach to raising 30,000ETH and they hit their mark. They had no public sale of their token; so, right now, to have access to the asset, you can either purchase from the exchange where they are listed or ‘social mine’ through the uploading of quality contents on their Lit app.
As of the time of this writing, only a single exchange lists the asset, making it a little difficult to buy Mithril as it is not yet popular. And you can buy MITH using either BTC, ETH or USDT for the trading pair. The short-listing is probably due to the fact that it had just recently concluded its private token placement event and had just started trading. So far, it would also seem that USDT and BTC have more trading volumes compared to the ETH pair.
So firstly, you will need to buy one of the pairs if you don’t already have any, you could buy from some other exchange which accepts fiat and then transfer them to the exchange where MITH is listed.
The coin is an ERC-20 token standard and is compatible with wallets that can support its storage such as the MEW, metamask, or the exchange wallet where it is currently being listed for trading.