Mithril Price

Mithril is a decentralized cryptocurrency designed for social media platforms. It aims to reward content creators and users for their contributions and interactions within the Mithril ecosystem. Key features of Mithril include: 1. Social mining: Users can earn MITH tokens by engaging on supported social platforms. 2. Blockchain-based: Built on Ethereum as an ERC-20 token, ensuring transparency and security. 3. Ecosystem focus: Mithril can be used across various products and services within its ecosystem, including social media, live streaming, and content sharing platforms. 4. Utility: MITH tokens can be exchanged for other cryptocurrencies like Bitcoin or Ethereum through the Mithril Wallet. 5. Market performance: As of 2025-08-02, Mithril is priced at $0.000189 with a market cap of $116.94K and 24-hour trading volume of $79.1K. 6. Supply: The circulating supply is 618.75M MITH MITH tokens, with a total supply of 1B MITH. 7. Future potential: Mithril aims to expand its ecosystem and increase adoption, potentially driving up its value in the coming years. Price predictions suggest it could reach $0.0002239 by 2026 and $0.0003137 by 2030.

Mithril was created on March 24, 2018. It was launched as a decentralized social media platform that uses blockchain technology to reward content creators. Mithril operates on the BNB Beacon Chain (BEP2) platform and is also available as an ERC-20 token on the Ethereum blockchain. The project aims to build an ecosystem centered around the MITH token, allowing users to earn tokens through social mining and use them across various applications within the Mithril ecosystem.

The founders of Mithril (MITH) are Jeffrey Huang and Wilson Huang. Jeffrey Huang, also known as Machi Big Brother, is a Taiwanese-American entrepreneur and musician who co-founded Mithril in 2018. Wilson Huang serves as the Chief Technology Officer (CTO) of the project. Together, they aimed to create a decentralized social media platform that rewards content creators using blockchain technology. The Mithril project was launched with the goal of building an ecosystem centered around the MITH token, allowing users to earn rewards through social mining and utilize the tokens across various applications within the Mithril ecosystem.

Mithril works as a decentralized social media platform that rewards content creators using blockchain technology. Here's how it operates: 1. Social Mining: Users can 'mine' MITH tokens by engaging and creating content on the Mithril ecosystem's social media platforms. 2. Reward Algorithm: User interactions and uploaded content are converted into MITH tokens based on a proprietary algorithm. 3. Token Utility: MITH tokens can be used within the Mithril ecosystem for various products and features, including social media, live streaming, and content sharing platforms. 4. Token Standard: MITH is an ERC-20 token built on the Ethereum blockchain, ensuring compatibility with many wallets and exchanges. 5. Token Conversion: Users can convert their MITH tokens to other cryptocurrencies like Bitcoin or Ethereum through the Mithril Wallet. 6. Ecosystem Expansion: The Mithril team is continuously developing new applications and use cases for MITH tokens within their ecosystem. By incentivizing content creation and social engagement with cryptocurrency rewards, Mithril aims to create a more equitable social media landscape where users are directly compensated for their contributions.

Mithril is built on the Ethereum blockchain as an ERC-20 token. Its technical architecture leverages smart contracts to enable decentralized social mining and content rewards. The MITH ecosystem includes a wallet for asset management and conversion to other cryptocurrencies. The platform uses algorithms to quantify user interactions and content contributions on social media, translating them into MITH token rewards. This incentivizes content creation and engagement within the Mithril network. The token can be used across various applications in the ecosystem, including social media, live streaming, and content sharing platforms. Overall, Mithril's architecture aims to create a blockchain-powered social network that fairly compensates users for their contributions.

The future of Mithril (MITH) looks promising with several key developments on its roadmap: 1. Ecosystem expansion: Mithril aims to integrate with more social media platforms and content creation apps, allowing users to earn MITH through social mining. 2. DeFi initiatives: Plans to launch decentralized finance products using MITH, including lending and staking options. 3. Cross-chain compatibility: Working on enabling MITH to operate across multiple blockchains beyond Ethereum and BNB Chain. 4. Mobile wallet improvements: Enhancing the Mithril Wallet app with new features for easier asset management and transactions. 5. Partnerships: Collaborating with influencers and content creators to increase adoption and use cases for MITH. 6. Governance implementation: Introducing a DAO structure for community-driven decision-making on the project's future. 7. NFT integration: Exploring non-fungible token functionalities within the Mithril ecosystem. By 2026, MITH aims to double its user base and expand to at least 3 new major social platforms. The team projects reaching $0.0002239 by 2026, with potential growth to $0.0003137 by 2030 as adoption increases.