MBIT - what is is, MBIT is a peer-to-peer (P2P) crypto currency can secures for sharing of music and books by users on blockchain, if you are a artist or authors you can sell your content using MBIT, with using MBIT you can control your content and be paid directly for sharing their content online using MBIT platform.
Users can buy some content from artist or author are already distributed, if you are a author or artist you can protect the content from piracy on internet by flagging and reporting content which is plagiarized and infringes copyright violation.
By using MBIT platform Ebooks and Music and get rewarded for it . MBIT enables users to securely deliver the eBooks and music to customers and share there creation and get followers, you can get the benefits for using MBIT platform.
Benefits using Mbit platform is :
1) Better Monetization of Content
2) Control over Publication
3) Building online community
4) Unique ID for Artists and Authors
5) Unalterable Content
6) Record stored on metadata containing ownership of content
After using MBIT platform for monetizing and protect your content and get MBIT coin, you can trade the coin to Bitcoin, MBIT have 3 exchanger (until i write this review) for trade this coin in Yobit , Coinexchange and Cryptopia,You can choose from 3 the exchange sites , you can trade this coin to Bitcoin.
MBIT Information
5 minute block targets
subsidy halves in 810K blocks (4 years)
81 million total coins
Premine percent 20% (Development + Marketing + Bounties)
40 coins per block
10 mins to retarget difficulty
other than that you can mining MBITcoin using your PC or rigs by using web service like coinminers, acidminer, altcoinix for mining this coin, for more information about this coin you can check the ANN Thread in Bitcointalk.