MIM is the token offering of the platform, MIM-Swarm. MIM Swarm aspires to create a community-driven metaverse swarm for creators and artists. (A swarm is a storage and communication network for digital artists.) MIM-Swarm works on Solana blockchain and consists of a community of artists – recording and visual, video makers, and designers.

The platform aims to create a network where artists can release sample packs and share music with the swarm. The platform aims to create clusters or larger swarms to undertake creative productions on the metaverse.

MIM is the token offering of the platform. The platform aims to issue the token on the Solana platform to take advantage of features such as scalability, speed, and low environmental impact. MIM Swarm seeks to engage the token for rewarding contributors on the swarm. MIM tokens also give users access to exclusive content on the platform and purchases.

MIM Swarm also aims to initially release about 47.2% of the total MIM tokens and lock the rest for scheduled releases later. From the 47.2%, the network seeks to allot 50% as contributor tokens, 40% as liquidity, and 10% for operations such as team use. MIM also plans to use a Proof of History consensus mechanism for an environmentally friendlier approach. Proof of History uses unique cryptography to verify the transactions and the time-lapse between two transactions. Thus, MIM Swarm aspires to create a network where the new-age digital creators can access, engage, involve, and upload their creations.

The launch of MIM Swarm took place in 2021. The team of four members responsible for the platform come from creative backgrounds. The first two members are Kyonymn, with a background in the music industry, and Stonelynx, a music producer. Metaowl has experience as a consultant in the music industry, and Estintore is a fashion designer.

MIM Swarm estimates it will supply a total of five billion MIM tokens in the market.

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