MORE Token – THE MOST UTILITY OF ANY TOKEN AVAILABLE!
DECENTRALIZED MUSIC PUBLISHING
Mithril Ore token’s (MORE token’s) novel utility serves to decentralize MUSIC PUBLISHING AND MUSIC STREAMING ROYALTIES. The end result is MORE Token holders can stream our original great music for free and the royalties from the music streams go back into the token. All royalties from all our music get put back into the Ethereum backing Mithril Ore token. This connects fans/artists/publishing/and royalties in seamless, revolutionary, novel way; rewarding artists and fans who hold the MORE token.
This creates a positive feedback loop such that streaming our music rewards the streamers / and thereby builds on itself. We have a diverse array of multi-platinum artists across many genre’s and are looking to expand our depth and breadth of available music.
Regarding maximization of streams — Please follow these instructions and keep the playlist running!
Check out our token utility explanation on Hip Hop DX
ETHEREUM MINING/PROOF OF STAKE LIQUIDITY
In addition to decentralized music publishing, Mithril Ore Token serves as a decentralized, novel utility for advanced mining/staking. It was first in the market to be backed by Ethereum. As a result, it will serve as the first ‘Ethereum 2.0’ mining/staking pool to the digital token Market. ‘Ethereum 2.0’ is known as the ‘Proof of Stake’ or POS upgrade of the Ethereum blockchain. This particular upgrade goes green regarding energy usage, in which the Ethereum blockchain no longer uses energy-wasting ‘Proof of Work’ mining, but rather, more secure, energy saving POS. In order for POS to be profitable for those with limited Ether, they will need to pool Ether with others. Mithril Ore was the first advanced staking pool to the market, providing access to POS mining, and will utilize this service in a crowd-friendly way.
One hundred percent of the Ethereum raised in the Mithril Ore token crowdsale will be placed into the Ether Mining/Staking Pool – with none taken as profits. As an additional feature of the Mithril Ore token, all Ethereum created as a result of advanced staking from ‘Casper’ will be returned to the Mithril Ore Ether Pool; thereby, adding more Ethereum to the Mithril Ore Mining/Staking Pool.
MITHRIL ORE TOKEN
The token has several features including limited and fixed supply; a stable, digital currency backing, redeemable for its value; a driven and trustworthy team; and, several novel and expanding use cases.
- Collectible and novel foundation.
- Only 500,000 ‘MORE’ tokens will ever exist
- 100% of Ether from crowdsale is distributed to the Ethereum Mining/Staking Pool.
- 100% of Ethereum generated from “Ethereum 2.0” POS staking and music publishing returns to the Ethereum Mining/Staking Pool.
- Two years following crowdsale, tokens are redeemable for the Ether that backs them, subject to minimum pool size restrictions or super-majority vote.