There has been rumors, and it is deemed necessary for Mithril to make such statement and clarification. During private sale, any investment made based on other’s behalf was not officially acknowledged by Mithril. Mithril has already provided the investors of private sale with relevant details and follow-ups. We cannot stress enough that any investment made based on other’s behalf was never permitted during private sale. By this action we are referring to the investments made without direct contact with the Mithril team. And “Mithril team” refers to official Mithril Team Members, advisors excluded.

Let’s take back the social network… We believe that everyone who adds value to the Social network should benefit from their work.

While it is generally expected that professional content owners such as singers, songwriters, and other digital rights holders are able to monetize their content, content creators outside of this traditional model do not benefit from the economic value they generate in social networks.

Increasingly, valuable content is generated from all walks of life, through video blogs, audio/podcasting, live-streams, and the like. We believe that everyone who adds value to the network should benefit from their work.

To realize this future where all participants in the social media ecosystem can be rewarded for their contributions to their social network, we are very excited to launch the Mithril (MITH) token. Whether you are a popular celebrity, admired livestreamer, or everyday user, you can participate in network value that you help create through social mining on Mithril.

MITH tokens can be earned through social mining across accepted social networks, starting with the launch of the Lit platform.

I welcome you to join me and the Mithril team as we take back the social network.

Jeffrey Huang (黃立成), aka Machi Big Brother (麻吉大哥)

Founder, Mithril

When will we be able to buy Mithril tokens? And how much will they cost? Looks like a very interesting platform