MILC PLATFORM COMPLETES THE PRIVATE SALE DISTRIBUTION
The MILC Platform is delighted to announce the last distribution of its private sale funding! We are sure that this announcement will result in a greater confidence and credence in the minds of our long-term supporters. This is a significant step towards our aim to revolutionize the content media industry by securing the trust and enhanced goodwill for our platform.
Breakdown of Current Circulating Supply:
- 57 million MLTs (100%) have been distributed to the participants of the private sale round over a period of twelve weeks
- 3 million MLTs have been distributed at TGE to IDO participants
- 18.2 million MLTs have been unlocked from Marketing/Liquidity & Foundation Reserves
- 10 million MLTs are unlocked for MILC community sale investors from 2018
- 9 million MLTs have been unlocked at TGE for MILC ICO investors from 2018
So in total 48.6% of all MLTs are in circulation with a number of 97.2 million MLTs. Presently, this circulating supply represents a market cap of about $6 million USD.
$MLT TOKEN DISTRIBUTION
MILC Platform wants to assure our investors about the genuineness of our intentions and therefore, openly shares the breakdown of token distribution and the addresses involved therein.
Total Amount: 200,000,000 MLT
Team Reserve (20,000,000 tokens):
Advisors (10,000,000 tokens):
Private Sale (57,000,000 tokens):
Public Sale (3,000,000 tokens):
Marketing & Liquidity Fund (56,000,000 tokens):
Foundation Reserve (35,000,000 tokens):
MILC Swap ICO/Private Investors (19,000,000 tokens):
Also, check out our tokenomics here for more details: https://wiki.milc.global/mlt-token/tokenomics
As always, we are grateful to our treasured MILCians for the immense support and trust in us!
MILC platform aims to provide the industry with an open new marketplace for every professional and non-professional content provider and buyer that incorporates cutting-edge broadcast, blockchain and AI-technology which can become a game changer for the entire media content industry. It solves four fundamentally important challenges of the global media industry: Global availability, Discovery process for Buyers, Complex licensing and Early feedback from viewers. MILC has been developed by Welt der Wunder, a media brand with 25 years experience in the business.