Mbit books (MBIT) started in 2017 and finished in 2017, with a total supply of 16.2 million coins. The team/founder is hidden, The main reason this coin was listed is scaming.
MBIT is a P2P cryto-currency which secures sharing of music and books by users on blockchain . MBIT enables artists and authors to own and control their content and be paid directly for sharing their content online on mbit platform . Users are able to buy the content from artists and authors of their choice on the distributed ledger . Artists and Authors are able to protect their content online by flagging and reporting content which is plagiarized and infringes copyright violation.