Coined as a groundbreaking innovation for the media industry, the MILC Platform leverages blockchain technology to simplify licensing, reduce costs, and increase efficiency. Developed by the esteemed Welt der Wunder TV, the MILC Platform directly connects content creators and buyers, eliminating the need for middlemen. Its native token, MLT, serves as the fuel within this ecosystem, facilitating transactions, contract signings, and even governance decisions. Dive in to discover how MILC is redefining media content licensing and creating unprecedented opportunities for media professionals and consumers alike.

What is MILC Platform?

The MILC Platform aims to become one of the leading business and entertainment Metaverses, acting as a melting pot that directly connects the professional media industry with its fans. Utilizing an Open Web GL Metaverse based on Unreal Engine and a Web3 social community platform, MILC allows users to socialize and interact directly with the media and entertainment industry.

Among its many features, the MILC Platform offers a blockchain-based multimedia marketplace for professional content providers to trade licenses for movies, television, streaming, online publishing, music, gaming, and art. This comprehensive digital mapping of the media market provides NFT-supported financing models for media projects and extensive small business opportunities for every market participant and user.

The MLT (Media Licensing Token) serves as a medium of exchange, contract signing vehicle, and revenue-sharing medium for passive income opportunities across all platforms within the MILC Metaverse. Movie premieres, virtual concerts, trade shows, gaming competitions, and art exhibitions provide unprecedented experiences for users.

Tokenomics and Distribution Model

The MILC Platform (MLT) has a total token supply of 200 million tokens, with 124,423,461 MLT currently in circulation. The token distribution model is as follows:

• Team: 20,000,000 MLT
• Advisors: 10,000,000 MLT
• Private Sale: 57,000,000 MLT
• Public Sale: 3,000,000 MLT
• Marketing & Liquidity: 56,000,000 MLT
• Foundation Reserves: 35,000,000 MLT
• MILC Swap: 19,000,000 MLT

Initial Circulating Supply

The initial circulating supply of MLT was 33.2 million tokens. The distribution model includes allocations for private and public sales, MILC Swap for pre-sale and private sale participants, a Marketing and Liquidity Fund, Foundation Reserves, Advisors, and the Team.

Vesting Periods and Lock-Ups

• Private Sale: 25% unlocked at TGE (Token Generation Event), 6.25% weekly distribution.
• Public Sale: 100% at TGE.
• MILC Swap (Pre Sale participants in 2018): 100% at TGE.
• MILC Swap (Private Sale participants in 2018): 25% at TGE, 6.25% weekly distribution.
• Marketing and Liquidity Fund: 5% monthly.
• Foundation Reserves: 5% monthly.
• Advisors: 6 months cliff, 20% monthly.
• Team: 12 months cliff, 10% monthly.

These vesting schedules are designed to incentivize performance and align the interests of various parties with the long-term success of the MILC Platform.

Unique Features and Benefits of MLT Token

The MILC Platform crypto token, also known as MLT, serves as the native cryptocurrency within the MILC ecosystem. Its primary purpose is to streamline the licensing process for media content by providing flexible and customizable tokenized micro-licenses. This ensures transparent and secure transactions for all parties involved.

Key Features

1. Platform Usage: As the MILC Platform grows, the demand for MLT tokens is expected to increase, leading to higher token value and usage.
2. Direct Access: MLT provides users with direct access to content creators, allowing them to participate in the production chain more actively.
3. Token Burns: A portion of MLT tokens used for purchases on the MILC Platform are burned, which can help reduce the token supply and potentially increase its value.
4. Buybacks: MLT tokens are bought back from the market when purchases are made with fiat currency, which can help stabilize the token's price.
5. Governance: MLT token holders have a say in platform upgrades and community actions, giving them a level of control over the platform's direction.
6. Staking: MLT holders can earn interest on their tokens through staking programs, incentivizing long-term holding and supporting the platform.
7. Diverse Use Cases: MLT is used for various purposes, including content licensing, governance, and staking, which can increase its utility and adoption.
8. Metaverse Integration: The MILC Platform is a Metaverse that connects content providers with a global community, offering a comprehensive ecosystem for media professionals and users.

The Team Behind MILC Platform

The MILC Platform crypto token is under the development and supervision of Welt der Wunder TV, an independent entertainment TV network located in Germany and Switzerland. The founder and Managing Director of the project is Hendrick Hey. The company has been operating for decades in the second-largest TV market in the world, Germany, and has established a strong network with all globally leading content providers, TV stations, and other media platforms.

Core Team Members

1. Hendrik Hey - CEO of Welt der Wunder GmbH and the MILC Platform.
2. Eugen Nussbaum - Business Director of MILC Platform, with extensive experience in the media and broadcast industry.
3. Kartik Arora - Project Lead of MILC Platform, with a strong background in community and marketing within the blockchain industry.

Advisors and Partners

The MILC Platform has partnerships with SwissTXT and has received angel investments. The MILC Media Hub Development was supported by these early investors, and the platform has been continuously evolving since its inception in 2017.

• SwissTXT: A leading provider of media services and solutions, including subtitling, text and speech recognition, and media asset management.
• Angel Investors: Early supporters who provided funding and expertise to help establish the MILC Platform.

Market Data and Performance

As of the latest data, the MILC Platform (MLT) has the following market statistics:

• Current Price: $0.4175
• Market Cap: $51,951,570.31
• 24h Price Change: 17.39%
• 7d Price Change: 27.52%
• 30d Price Change: 89.72%
• 24h High: $0.4331
• 24h Low: $0.3554
• All-Time High: $1.0797 (2021-11-16)
• All-Time Low: $0.0155 (2021-07-20)
• **Circul