MILC Platform Quarterly Review — Q1 2024
Greeting #MILCians!
Dive into the dynamic world of MILC Platform’s quarterly review for Q1 2024, where innovation and progress intersect to shape the future of business and entertainment Metaverses. Embark on a journey through the latest development milestones, groundbreaking collaborations, and community achievements that underscore MILC’s commitment to redefining the digital landscape. From the evolution of our Metaverse with enhanced features to strategic partnerships driving industry transformation, discover how MILC continues to lead the way in revolutionizing the content media industry. Join us as we explore the highlights of Q1 and glimpse into the exciting possibilities that lie ahead.
♦️ Development Milestones and Launches
Metaverse Upgraded with New Features
Continuously enhancing the MILC Metaverse, we introduced new features for an unparalleled user experience. Highlights include visually stunning graphics, seamless integration of our social community, and personalized settings.These developments signify our commitment to providing a dynamic and immersive virtual environment for our users.
Read more on the new features here: https://x.com/MILCplatform/status/1753046565223293250
Hosted Contender Series in the Metaverse
Amidst the glamour of the Oscars, MILC proudly supported international filmmakers through its Contender Series with partner The Film Verdict. Hosting a virtual theater featuring 86 international films, we provided industry insiders exclusive access to screenings, trailers, and reviews. This digital assistance underscores our commitment to advancing global cinema and empowering filmmakers in their awards endeavors. Moreover, MILC became Metaverse partner for the 5 nominees for International Feature Film at the Oscars.
Get all insights on the above here: https://x.com/MILCplatform/status/1767198914992603429
Launched $MLT BEP20 Token Claiming Platform
MILC launched $MLT BEP20 Token Claiming Platform underscoring our steadfast dedication to our community’s welfare. This platform, born from the successful migration of $MLT BEP20 tokens in November 2023, addresses the needs of community members who may have missed the unstaking guidelines for the airdrop. Our priority remains ensuring all eligible members can seamlessly register for the upcoming airdrop.
Access the $MLT BEP20 Token Claiming Platform here: https://x.com/MILCplatform/status/1757003783329009858
Released 4 Batches of BEP20 $MLT Tokens
After launching the Token Claiming Platform to accommodate community members who missed the guidelines for the $MLT BEP20 migration in November 2023, we initiated the distribution process in batches. To date, four batches have been dispatched, ensuring eligible members receive their tokens. If you’ve successfully registered but not received tokens yet, stay tuned for further batch-transfers in the upcoming weeks, prioritized on a first-come-first-serve basis.
Get details of the Batch transfers here: https://x.com/MILCplatform/status/1769999600406905140
Released Updated Ecosystem Map
MILC Platform unveiled its updated Ecosystem Map, illustrating its remarkable journey in reshaping the content media industry. Explore our extensive network of partners spanning diverse domains, bolstering our vision to redefine the future of business and entertainment Metaverses. Our ecosystem flourishes through collaborations with top-tier investors, networking platforms, audit/security firms, technical innovators, and educational institutions, elevating the MILC experience for our expanding community.
Access the updated Ecosystem Map here: https://x.com/MILCplatform/status/1755620642072723684
♦️ Collaborations
Partnered with Fashion TV Production
Partnered with Fashion TV Production to innovate fashion within our Metaverse. Envision digital runways merging with real models in a virtual realm, offering a groundbreaking fusion of style and technology. Anticipate transformative digital fashion events redefining the style landscape for our community’s immersive experience.
Read more details on the collaboration here: https://x.com/MILCplatform/status/1745439090642964851
♦️ Community Milestones
The MILC Community has experienced steady growth, with 44,000 followers on MILC’s Official Twitter account, 10K members on the MILC Social Community platform, and 5,500 members on Discord. We’ve implemented initiatives to engage the community further and raise awareness of MILC Media Metaverse’s vision and achievements.
Space Talk with HYME Network
MILC’s CEO & Founder, Hendrik Hey, engaged in an enlightening dialogue concerning the trajectory of web3 within a Twitter space titled “Blurring Boundaries Between Real and Virtual,” organized by HYME Network.
Released Weekly Newsletters
MILC Platform consistently delivers its newsletter every week, offering comprehensive insights into the dynamic world of Metaverse, AI, and web3. Stay informed by subscribing to the free MILC Newsletter: https://www.weltderwunder.de/metaverse-news/#newsletter
2 MILC Raid Competitions by MILC Community
As part of an engaging endeavor led by the MILC Community, two MILC raid competitions were organized to amplify MILC’s presence on Twitter. Further details regarding these competitions can be found here.
♦️ MLT Token Performance
In Q1, the $MLT token exhibited commendable performance, closing the quarter at a price of 0.26 USD. It reached its peak value of 0.36 USD on March 9th, marking a substantial ~4x price surge. On January 23rd, the token saw a minimum price of 0.18 USD. Despite fluctuations, $MLT maintained stability, establishing a robust support level around 0.25 USD, instilling confidence in its potential for future growth.
- The total number of $MLT holders across both ERC20 and BEP20 chains surpassed 20,000, marking a big milestone for $MLT token.
- Average daily trading volume on all marketplaces combined has been around $1.1M USD
- 24 h trading volume peak high was $3.1M USD on March 4th and peak low at around $0.4M USD on January 16th.
- Market Cap of MLT increased to $39M at the end of Q1.
- Circulating Supply of MLT adds up to 146M (excluding Team tokens, which won’t be unlocked before the project makes revenues).
As we reflect on the achievements of Q1, MILC Platform remains steadfast in its mission to pioneer innovation and inspire collaboration in the digital realm. With a growing community and a vision for the future, we are poised to elevate the Metaverse experience and shape the evolution of content media. We extend our gratitude to our vibrant community whose unwavering support and engagement fuel our journey forward. Stay tuned for more updates and milestones as we forge ahead into the next quarter and beyond.
ABOUT MILC
The MILC platform aims to become one of the leading business and entertainment Metaverses. A melting pot, connecting the professional media industry with its fans. Through its own Open Web GL Metaverse and Web3 social community platform, it offers the possibility for all users, for the first time, to interact directly with the media and entertainment industry. In addition, 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. It provides NFT-supported financing models for media projects as well as 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 across all platforms within the MILC Metaverse.
MILC Platform Socials:
Website | Metaverse Social Community | X (Twitter) | Discord | Telegram | Medium | Email | Whitepaper
