Social Media Platform Mithril Adopts Binance Chain

Social Media Platform Mithril Adopts Binance Chain

Social media platform Mithril (MITH) which is decentralized has adopted the Binance Chain, the mainnet of the leading cryptocurrency exchange Binance.

Mithril, a social media platform that rewards content creators with its native token MITH — becomes the purported first to shift to the Binance Chain, with MITH token migrating from ERC-20 to BEP2. At Mithril, users gain MITH through Mithril mining, while managing their assets on the company’s platform VAULT.

Binance users will be able to withdraw MITH to BEP2 wallets following the completion of the initial migration of ERC-20-based MITH to BEP2. The development will not have an impact on ERC-20 versions of MITH held in private ethereum (ETH) wallets.

Binance launched Binance Chain on April 18th and expects to execute the swap of its native token Binance Coin (BNB) on April 23.