Dear Mithril Community,

With your wonderful support, Mithril launched in 2018 and reached many milestones through the year with product launches, partner expansions, and 30+ exchange listings. In 2019, we will continue to drive expansion of the Mithril ecosystem with our growing list of partners toward Mithril acceptance and real-world usability. We will achieve this by expanding opportunities where users can 1) Mine MITH, and 2) Spend MITH.

We are expanding the Mithril Mining Network in 2019 with these initiatives:

• Value Action Mining — Adding to the existing social mining model, MITH will also become a general, social incentive for organizations looking to drive adoption within the Mithril community of heavy social media users. To that end, we are expanding the definition of Mithril Mining as general incentive mining, where any action of value can become a mining event in Mithril. Social mining will continue to reward social media content creators, and become a subset of the bigger Mithril Mining concept. In addition to earning MITH from our social mining partners, users may also earn MITH from mining partners who want to drive value-add actions via MITH rewards. We look forward to seeing the various innovative incentive designs that our mining partners will create.

• Mithril Mining API — To accelerate growth and adoption in the Mithril Mining Network, we are publishing tools that allow our mining partners to easily and seamlessly integrate with the Mithril Mining Network. The first version of the Mithril Mining API is slated to release this quarter, in Q1 2019. Our inaugural Mithril Mining hackathon will take place in Taipei during Q2 2019. To participate or partner with our hackathon, please send a note to [email protected].
  
  
  
  
• Mithril Ad Network — As the first global ad network accepting only cryptocurrencies for transactions, the ad network will serve both traditional advertisers as well as content creators who wish to promote themselves in return for more rewards from social mining. We plan to beta release the Mithril Ad Network in Q2 2019.
  
  
  
  
  We are building out more places to spend MITH in 2019 through the Mithril Merchant Network and making it easier to manage/spend cryptos via VAULT:

• Mithril Merchant Network — Building on top of existing partners in retail apparel, coffee shops, and online app partners, we will continue to expand acceptance of MITH by aggressively growing the number of merchant partners. We will pursue partners that serve the product and service needs of the Mithril community. Please reach out to us at [email protected] if you would like to partner with us.

• VAULT Mobile App — We are launching a VAULT mobile app to improve on-the-go experience for VAULT users. This is slated to launch in Q2 2019. Users will be able to manage a select set of cryptoassets on VAULT, in addition to easily paying via MITH and other cryptos at partner locations and applications.

• VAULT Merchant Solutions — To facilitate onboarding and acceptance of VAULT payment for merchants, we are launching a set of merchant-facing VAULT tools tailored to serve our merchant partners. Through these tools, we aim to accelerate VAULT integration and better serve the needs of merchant looking to accept MITH and other cryptos.

The Mithril Forge Fund will continue its mandate of expanding the Mithril ecosystem from an investment angle, backing promising founders and teams that will grow into key partners within the Mithril ecosystem.

Working on a great idea that fits well with Mithril? Drop a note to [email protected] with your exciting ideas.

Lastly, we would like to announce the formation of the Mithril Council. The Mithril Council will consists of key leaders within the Mithril ecosystem who together will determine the future direction of Mithril. We are starting with two members first. In addition to me, Jeffrey Huang, the other Mithril Council member is Leo Cheng, CEO of Machi X, the first Mithril Forged company.

We look forward to a great year and wish you all the best in 2019.

Jeffrey Huang, Founder of Mithril.