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
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
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.