MILC Platform Quarterly Review — Q1 2023

7 min readApr 6, 2023

MILC Platform has triumphantly wrapped up Q1 2023 with a bang! We’ve tackled exhilarating challenges, achieved remarkable milestones, and brought groundbreaking innovation to life! One such grand accomplishment was the launch of Alpha Film Festival which is the first-ever film festival on the Metaverse platform. Our very own MILC social community platform’s mobile application was launched. We welcomed many prestigious web3 partners to bolster our thriving ecosystem and made headlines in various top-tier publications. Celebrated a major win as $MLT, MILC’s native token, skyrockets past 15K holders in the crypto community!

We’re off to an incredible start this year, and we can’t wait to share more exciting achievements in the upcoming months! Keep reading further for an in-depth look at all the key progress made in Q1 2023!

♦️ Development Milestones and Launches

Launched Web3 Social Community Mobile Application

MILC Web3 Community directly connects the MILC community to its WebGL Metaverse. It is built to create a direct communication channel between content media industry professionals and its consumers. Now, MILC Web3 Social Community is available for both Android & Apple devices!

Download the MILC app here:
App store: https://apps.apple.com/de/app/milc-community/id1632638568
Google play: https://play.google.com/store/apps/details?id=com.milcapp&gl=US&pli=1

Launched 1st Alpha Film Festival

Alpha Film Festival, launched by The Film Verdict and the MILC Platform, was hosted exclusively by the MILC Metaverse. It is designed to entertain, distribute quality content, and to showcase what a metaverse festival can be. The 1st virtual film festival was successfully executed from 3rd — 7th March showcasing 30 short films from around the globe and 15 eminent speakers sharing their inspiring insights.

Read here to get a recap of the AFF 2023: https://milc.medium.com/its-a-wrap-for-alpha-film-festival-2023-here-s-all-you-need-to-know-ffafbac05d45

Two German Volleyball Teams in MILC Metaverse

TV Rottenburg and WWK Volleys took their 1st step into the web3 world by entering the MILC Metaverse. The two amazing teams and their sporting achievements were displayed on the billboards in our metaverse. But this is just the start of something much bigger. The future at MILC holds an entirely different way of consuming sports and making the experience more fantastic to the sports fans.

Click here for more information on this: https://twitter.com/MILCplatform/status/1641852286040428544

♦️ Collaborations

Partnered with LMG Racing Club

LMG is a Web3 NFT-funded racing club being developed to break the boundaries of sports sponsoring. With MILC Metaverse, there are a multitude of utilities to integrate this high quality NFT collection into something even more exciting and unique. Together, we are taking the challenge to create a whole new way of racing experience within the Web3 environment.

Read more on this partnership: https://milc.medium.com/milc-platform-supports-lmg-racing-fef1de8b0e91

Partnered with Drylab Media Tech

The integration of Drylab Media Tech, the leading film and TV production SaaS platform, into the MILC Metaverse positions Drylab within a new and innovative 3D immersive marketplace, helping to promote and drive brand awareness and allowing for direct engagement with its users.

Get more information on this partnership here: https://milc.medium.com/milc-platform-partners-drylab-media-tech-welcome-to-the-metaverse-d1f5f8aa266

Partnered with Aken

Aken is built to empower virtual worlds with 3D masterpieces from creative and cultural heritage. MILC Platform will integrate Aken virtual real estate showroom and marketplace into the MILC city. As a result, metaverse users will be able to directly access the virtual lands of Aken and take part in its trading!

Get complete details on this partnership here: https://milc.medium.com/milc-platform-partners-aken-6e597d7f169b

Partnered with Mischief Upon Mischief Universe

With a richly expansive library of digital assets, the MuM Metaverse portal is being created, complete with a virtual reality experience and a play-to-earn video game. The objective of the collaboration is to promote and introduce the MuM Universe into the MILC Metaverse, by developing unique and exciting virtual experiences for audiences to enjoy.

Read here for more details on this collaboration: https://milc.medium.com/enter-the-multiverse-mischief-upon-mischief-joins-the-milc-metaverse-192193d8ff23

Partnered with Nanjing University of the Arts

A key theme this year at NJA is “Material or Metaverse?”. MILC Platform will be supporting the Academy by bringing the event into the third dimension, through the screening of insightful educational content from leaders in the media and entertainment industries, as well as developing exciting initiatives to showcase the talented work by the academy participants.

Click here to get more information on this collaboration: https://milc.medium.com/milc-platform-to-collaborate-with-nanjing-university-of-the-arts-for-china-eu-educational-exchange-3ab6b559f2b9

Partnered with University of Hagen

The FernUniversität in Hagen is Germany’s only state distance-learning university, and its largest in terms of student numbers. From now on we are working together with the Department of Multimedia and Internet Applications of the Fernuniversität Hagen in the Faculty of Mathematics and Computer Science.

Get more insights into this collaboration here: https://milc.medium.com/milc-collaborates-with-university-of-hagen-germany-d1059f8a487

Partnered with Kinetix

Kinetix provides a suite of AI-powered avatar animation technologies for virtual worlds and social media. With Kinetix, everyone at MILC Metaverse will be able to give their avatar a personal touch, individuality is important and part of your own personality. Become part of the MILC Metaverse and mimic your movements to create an avatar that looks more and more like you.

Read more on this partnership here: https://milc.medium.com/milc-platform-partners-kinetix-b59888fd29bc

$MLT integrated into HYVE

HYVE was incorporated into MILC Platform’s ecosystem in Q4 2022. It is the largest Web3 freelancing marketplace where payments are made directly in crypto currencies. Now, $MLT has been integrated into HYVE’s payment system. $MLT can now be used to pay or accept payments for services provided by HYVE.

Read more on this here: https://twitter.com/MILCplatform/status/1618214985364275202

♦️ Team Introduction

Metaverse Design Lead

We would like to formally introduce to you the MILC Metaverse Design Lead, Stefan Malinovic. He has worked as a Level Designer at Ubisoft.

Read all about him here: https://twitter.com/MILCplatform/status/1617490237109989376

♦️ Key Media Mentions

♦️ Community Milestones

MILC Metaverse on Instagram & TikTok

As a part of our continual community building endeavor, we have launched MILC Platform on the Instagram & TikTok platforms. Now, the MILC community will receive more frequent updates, latest photos, stunning videos, industry information, & more at their favorite social media platforms.

Crossed 10K Members on MILC Web3 Social Community

We are proud to share that our Web3 Social Community Platform has crossed 10K members. This is indeed a great milestone for the platform and we look forward to breaking many such numbers in future.

Gleam Contest for MILC Game Card on LOE

MILC Platform and Legends of Elysium has organized a fun Gleam contest to celebrate their partnership by giving away MILC “Midnight Mirage” Cards to the community. 50 winners get to own the fascinating MILC card on the thrilling web-based fantasy card game, LOE. Contest runs till 7th April, participate now!

Poster Making Competition for AFF

In order to encourage community participation in the extraordinary AFF, a poster making competition was launched for the festival’s official banner. The winners benefitted from the huge reward pool of $10K in $MLT.

NFTs for AFF Participants

Exclusive AFF NFTs were given out to the festival participants as a complimentary reward for their presence and contributions. We felt delighted to share our happiness with our precious community.

Paris Blockchain Week

MILC’s COO, Patrick Pfeffer attended Paris Blockchain Week 2023. It was a great platform for networking with fellow industry professionals.

AMA Session with HYVE

An informative AMA session was organized wherein MILC’s Business Director shared his valuable insights and updates with the community.

Web3 Berlin Twitter Space

Hendrik Hey, MILC’s Founder and CEO, took part in an exciting Twitter space sharing his ingenious views to the listeners. It was a great platform to interact with fellow web3 leaders.

♦️ MLT Token Performance

In the recently concluded Q1, the $MLT token showcased noteworthy performance, with its price standing at 0.12 USD as the quarter came to a close. The token experienced its peak value on February 11th, reaching an impressive 0.19 USD which marked the top of a 3x price-rally. Throughout this period, $MLT demonstrated stability, establishing a solid support level around the 0.11 USD mark, providing a sense of confidence in the token’s potential for future growth.

Both chains (ERC20 and BEP20) combined total number of holders increased to more than 15K!
Average daily trading volume on all marketplaces combined has been around 600k USD
Peak high was 2.9M USD trading volume on February 8th!
Market Cap of MLT almost doubled from a $8.5M to $17M at the end of Q1
Circulating Supply of MLT adds up to 142.4M. Here is the MLT unlock schedule

In conclusion, Q1 for the MILC Platform has been nothing short of spectacular. Now, brace yourselves for a magnificent journey ahead with the dedicated MILC team in the upcoming months!

As ever, the MILC Platform remains deeply appreciative of the unwavering support from its cherished community.

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:

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