Mithril (MITH) Decentralized Social Media Network Partners with Ethos Crypto Wallet
Mithril (MITH), a blockchain-based social medial platform focused on rewarding content creators, has joined hands with Ethos (ETHOS) in order to adopt Ethos Universal Wallet as its official cryptocurrency wallet.
Ethos is proud to be the Official Wallet of Mithril! This decentralized platform rewards content creators, pushing social media forward on the blockchain. Universal Wallet users can store, track, send & receive $MITH. Welcome to the Mithril community! https://t.co/r2WxkYdLyw pic.twitter.com/9ePulCkcNa
— Ethos.io (@Ethos_io) October 16, 2018
In the announcement, Mithril team stated that:
“We firmly believe that collaborating with Ethos will effectively enhance MITH circulation on the market while providing a secure and convenient option for users to obtain MITH.”
Wave of Partnerships
This recent collaboration is one of the many that Ethos has had lately, after it launched Universal Wallet for its iOS and Android users last month.
The company had previously announced a partnership with a crypto startup backed by Uber co-founder, Voyager, which provides both retail and institutional investors with effective digital asset trading solutions, looking to bring the firm’s Fiat Gateway trading functionality to its Universal Wallet.
Mithril is a blockchain-based social media company that helps reward content creators through what it calls ‘Social Mining.’ It works by linking mining rewards to the influence and success of content creators in its network. Basically, the more value content creators bring to the Mithril platform, the more MITH coin they earn.
Currently, Mithril (MITH) is ranked 63 by CoinMarketCap, with a market capitalization of $97.76 million. The coin is currently exchanging hands at $0.2523.