Mithril (MIT) is a decentralised social media platform that incentives and rewards content creators. Users are rewarded based on the likes, comments and shares that their content earns. Users can acquire MITH tokens by using applications with the decentralised Mithril network — a term referred to as social mining. MITH launched as a token on the Lit social media platform. On the Lit platform, users receive rewards for contributing content. Moving forward, Mithril will integrate into both new and existing social media networks.
Please note, on Ethfinex, Mithril ticker is the three letter MIT and not MITH.