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TOKEN SALE

4391

Total MIT token supply 100,000,000

90% of funds raised in the ICO will be invested in IP logged on the Mithryl Blockchain, providing real world face value to Mithrylg Coins.

For more information please read our White Paper

MITHRYL BLOCKCHAIN

Intellectual Property (IP) is the new gold of a modern technology world. Thousands of industries across the world economy rely on the adequate enforcement of their patents, trademarks, and copyrights, while consumers use IP to ensure they are purchasing safe, guaranteed products.

With your help we can build the world’s most successful IP marketplace and IP protection Blockchain, and revolutionise how IP is protected and invested in. Mithryl will revolutionize funding and protection for small scale, grass roots IP creators, dreamers, innovators and makers and all over the world. Mithryl will revolutionise and open up the building of smart contracts for smart funding and smart licensing of IP at the grass-roots level. We intend to build this into a disruptive currency, globally. A currency of ideas.

A central thesis of value for Mithryl is that IP is the new gold of a digital era. Mithryl Coin (MIT) is designed as a currency based on underling ownership of IP assets logged on the Mithryl block-chain, to create stable digital gold. Buying Mithryl means buying a long term appreciating asset that is backed by ownership of real world IP rights to technology such as: games, anime, patents, innovations, manga, novels, etc. long term; paying interest via MIT or Gas which can be sold. In parallel to Mithryl Coin, we will build the Mithryl Platform, which will provide a variety of Blockchain as a Service apps and functions such as indelibly logging copyright and IP rights on the Mithryl Blockchain, and the worlds first ebay of IP rights leveraging smart IP licences and smart funding contracts. The Mithryl Platform will only accept Mithryl Coin in payment for services, creating an enduring economic use case. Our mission is to enable fair protection, logging, and development of new IP, disrupting existing deck stacking in favour of large knowledge companies.

Fees from coin use and the Mithryl Platform will invested into new IP logged on the Mithryl Blockchain. In this virtuous cycle, the Mithryl Coin face value only increases, and provides profit incentives for early coin adoption. Profit from IP investments will be reinvested back into new IP again logged on the Mithryl Blockchain. Mithryl Coin is an Etherium based token that cross collateralizes many investments into IP, globally, and logs them forever using the power of the blockchain revolution. This Mithryl Coin Token (ticker: M.I.T.) thus enables a stable store of real world value, that has a metrically analysable and blockchain logged real world ‘face value’ based on IP ownerships and investments logged on the blockchain, publicly verifiable.

In terms of capital value the global IP market is estimated to be worth $190 billion in 2014, evaluated only in terms of license fees from successful patents. The IP market for licenses of entertainment, games, films and literature is many times that. Mithryl is a young start-up positioned to make disruptive offerings into this market: such as a global, disruptive grass-roots IP creator targeted ebay of IP rights and tools for block-chain as a service patent logging and policing, with smart licenses and smart contracts for funding and rights shares. It is believed that offering these tools cost effectively to a grass roots global market will open up an untapped revenue stream, and enable a long term, successful, tokenised economy for the MIT token. Providing a service of IP logging and smart licenses or contracts, along with forensic blockchain logging of where how invested money is spent and used, we seek to provide blockchain as a service for the globla IP market,and its sub-facets such as ie the patent syndication market, as well as for IP rights for optioning films, game IP funding, anime, literature, innovations, processes, etc. The market potential is vast.

90% of the funds raised in the Mithryl ICO will be invested into IP rights and funding new IP which will be logged on the Mithryl Blockchain, thus providing a day-one Mithryl Coin face value.

With your help we can build the world’s most successful IP marketplace and IP protection blockchain, and revolutionise how IP is protected and invested in. Just like the physical Ebay, if there was a revolutionary “Ebay of Ideas” as a world first operating on a global scale, linking blockchain technology and IP protection, along with the power of smart contracts to deploy Smart licenses” and “smart funding contracts” – targeting the grass-roots IP creator. – This is the goal of Mithryl.

ROADMAP

Roadmap

PLATFORM

IP is the new gold of our modern technology world. Mithryl Coin is designed as a currency based on underling ownership of IP assets indelibly logged on the Mithryl block-chain. Mithryl cross collateralizes many investments into IP to reduce risk, and logs them forever using the power of the blockchain revolution. Each IP investment has value, so there is real-world face value to Mithryl Coins. Creating a store of value and currency from stable, digital gold.

In addition to the coin, the Mithryl Platform provides services paid for only in Mithryl, such as IP logging and proof of ownership blockchain services, smart-contract controls for IP usage and rights control; an IP marketplace acting as the worlds first Ebay of IP sales and IP-rights vending; underwritten by decentralised trust-less logging of IP-rights usages and automatic smart contract payments, trustlessly and globally; with remuneration via currency-agnostic instant global payments.

It also provides investment and microfinance platforms investing in novel IP from creatives, makers and innovators in exchange for a share of IP rights, which are publicly logged on the Blockchain, increasing coin value only upwards over time.

In addition, fees from the Platform are used to invest in new IP, logged on the Blockchain, so each coin grows in face-value as IP rights of innovations, technology, games, novels, anime, patents, films and novels, are added. Indelibly and publicly logged these create an ever-upwards increase in coin face-value, and financial advantage for early adopters.

With your help we can build the worlds first IP marketplace and IP protection blockchain, and together we can revolutionise how IP is protected and invested in, plus create a store of value and stable ͚digital gold͛ crypto-currency.

CROWDSALE PROJECT DETAILS

Name: Mithryl Coin
Ticker: MIT
Tech: Etherium ERC20 Tokens & Smart contracts.

90% of the funds raised in the ICO will be invested into new IP which will be logged on the Mithryl Blockchain, creating a day one face value for Mithryl Coin.

The launch of the MIT Token will be organized around smart contracts using Ethereum. Smart contracts will deliver the tokens post ICO, and raised funds will be stored on a multisig third party escrow wallet.

We are offering a presale 10% of token sale discount bonus for early participants and also offering them a referral bonus of 5%. The Participants willing to contribute to and support the development of Mithryl can do so by sending Bitcoin, Ether or Altcoins to the designated address.

There will be a second pre-sale for 24 hours at a 5% discount and with no minimum amount, one day before the ICO launch date.

By doing so contributors create MIT Tokens at the rate of 1 MIT per $1 value. The contribution Period will run for 30 days or within 24 hours of the soft cap being achieved. MIT Tokens will be distributed within no longer than 1 month of the finishing date of the ICO.

For more information please read our White Paper.

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