MILC Platform Quarterly Review — Q2 2023

7 min readJul 11, 2023

Hey #MILCians! Step into the world of limitless possibilities as we unveil the remarkable accomplishments and advancements of the MILC Platform in our Quarterly Review for Q2 2023.

It was another exhilarating quarter taking us through the cutting-edge features and launches in our Metaverse, from enhanced video playback to mesmerizing visual upgrades. Immerse yourself in our revamped MILC Community Platform, designed to foster intuitive navigation and seamless information sharing. Join us in celebrating our listings on renowned platforms like Magic Store and Changelly, expanding the reach of our Metaverse and native token, $MLT. Witness the power of collaboration as we partner with prestigious film festivals and fashion brands, transcending boundaries to redefine the future of entertainment. And let’s not forget the outstanding performance of $MLT showcasing its resilience in the market.

Prepare to be inspired, excited, and captivated by the extraordinary progress we’ve made. Let us begin with the quarterly report of Q2 2023!

♦️ Development Milestones and Launches

New Features on Metaverse

Video playback with sound: Enabled video playback with sound on the Metaverse screens. Tackled bug fixes, optimized textures, and improved performance. Visual upgrades: Revamped lanterns, teleporters, new buildings, and so much more.
Launched Drones: Numerous little flying drones have been added to the sky of MILC Metaverse city. Soon utilities will be added to these drones where they will function as navigation systems to guide the users around the Metaverse with an incredible aerial view.
Installed Revamped Gateways: The gateways to our Metaverse buildings have been redesigned to give a sleek look that blends red & white hues.

Upgraded MILC Community Platform

The MILC Social Community Platform has been updated with new features and a fresh new look. The navigation is more intuitive and improved tools have been introduced for efficient knowledge and information sharing. Download the revamped app version of the MILC Community today:

App Store: https://apps.apple.com/app/milc-community/id1632638568
Google Play: https://play.google.com/store/apps/details?id=com.milcapp

MILC Metaverse App Listed on Magic Store

MILC Metaverse App has been listed on Magic Store which is the ultimate hub for web3 apps by Magic Square. This gives a widened reach to the MILC Metaverse among the web3 community. All MILC users can access the MILC Metaverse through the Magic Store and also leave their valuable reviews.

Click here to access a step-by-step guide on using the MILC Metaverse on the Magic Store: https://milc.medium.com/discover-explore-review-the-ultimate-guide-to-the-milc-metaverse-app-on-magic-store-eb7c6c717569

$MLT Listed on Changelly

MILC Platform’s native token, $MLT, is now listed on Changelly & Changelly PRO, further expanding its reach. Now, users trade $MLT with all assets on the Changelly platform. Additionally, MILC Metaverse’s virtual “Exchange Building” will integrate a FIAT to Crypto Onramp and $MLT trading module, bringing unmatched utility to the Web3 & Blockchain world.

$MLT Token Bridge Live on RocketX Exchange

A $MLT token bridge has been launched on RocketX exchange. RocketX is a cutting-edge hybrid CEX & DEX aggregator that will enable smooth cross-chain swaps between $MLT & 60+ Blockchains. Another amazing benefit will be the seamless bridging of $MLT between Ethereum & BSC!

♦️ Collaborations

Partners with Oldenburg Film Festival

Oldenburg International Film Festival has partnered with the MILC Platform and The Film Verdict to become one of the first international Film Festivals to enter into the 3D virtual space of the fast-emerging Metaverse. This collaboration will provide an opportunity for everyone to virtually immerse oneself in a film festival experience that transcends geographical boundaries.

Read more on this partnership here: https://twitter.com/MILCplatform/status/1656568666912337920

Partners with Leandro Lopes

Leandro Lopes, an internationally renowned Portugal fashion brand, joins forces with MILC Platform to take a daring leap into the Web3 world. We are collaborating on cutting-edge digital sales strategies that also include the launch of the very first Leandro Lopes shoe store in the MILC Metaverse.

Get more information on this partnership here: https://twitter.com/MILCplatform/status/1671551874519150592

♦️ Team Introduction

New Member of Advisory Board

MILC Platform has added another valued member to its team of passionate and dedicated individuals. Can Florian Ahegger has joined our advisory board and he will contribute to our Metaverse development with his wealth of expertise in Web3 strategy, partnerships, & growth!

Developers Team in Serbia

MILC CEO HendrikHey and CTO Patrick Pfeffer met with our talented new developers and designers in Serbia to create a new subsidiary that enables us to offer secure jobs to our expanding team. Our newest colleagues include Ema Tadic, Miljan Rubezic, Stefan, and Bojan Vasiljevic. We are thrilled to onboard more talents as we expand our technical team.

♦️ Events with Partners

Meetup with Drylab

The MILC team had an insightful exchange with Drylab’s team in a recent meetup. This engaging dialogue with our partner focused on the Metaverse’s pivotal role in the rapidly evolving media landscape.

PQ Talks with Nanjing University

MILC Platform’s Senior Licensing Manager, Richard Flynn, was a panel speaker at the Prague Quadrennial Festival talks with our partner Nanjing University of the Arts. The Metaverse Graduation Show consisted of an insightful discussion on “Art Design Educators and Young Talents in the Post-digital Era” where the metaverse experiences of digital pioneers was talked about.

♦️ Prime Web3 Events

♦️ Key Media Mentions

♦️ Community Milestones

A major community growth milestone was reached this quarter as the Twitter follower count of MILC’s official Twitter account has surpassed 40K! This is the result of many social campaigns, events and community engagement initiatives taken by the platform to attract more audiences and make them aware of the vision and accomplishments of MILC Media Metaverse. Let’s look at some of these initiatives below.

German-Chinese Media Summer Academy

The Nanjing University of the Arts and MILC Platform hosted the 2023 German-Chinese Media Summer Academy. The theme of the event was “Material or Metaverse: Creative Classes on AI & Digital Media!”. It included informative online sessions packed with jaw-dropping lectures & interactive workshops.

Educational Videos

MILC Platform published 5 videos on MILC Platform to educate everyone about the project in a fun and entertaining manner. Watch here:

Amata World’s Podcast

Hendrik Hey and Richard Flynn from the MILC team participated in Amata World’s podcast. They shared their views on various topics such as MILC metaverse experience, the success of Alpha Film Festival, vision for the future, and mass layoffs in big tech

Hendrik Hey Interview Session

Hendrik Hey, MILC’s Founder and CEO, took part in a lively interview session where he shared his expert views on blockchain, Metaverse, and Content Creation.

AMA with MartaVerse

MILC Platform’s Business Director, Eugen Nussbaum, took part in an exciting AMA session with MartaVerse where he shared various latest updates and information on the workings of the MILC platform.

AMA with LOE

Whitelist Spot Giveaway of LOE NFT Sale

♦️ MLT Token Performance

In the second quarter of 2023, the $MLT token showcased noteworthy performance where the token experienced its peak value on April 19th at 0.22 USD, which corresponds to an impressive plus of more than 100% since Q2 of 2022. $MLT price dropped to a minimum of 0.09 USD on June 20th, with its price standing at 0.11 USD as the quarter came to a close.

Both chains (ERC20 and BEP20) combined total number of holders broke a new milestone of 16K!
Average daily trading volume on all marketplaces combined has been around $1.18M USD
24 h trading volume peak high was $2.1M USD on April 19th and peak low at around $1M USD on June 17th!
Market Cap of MLT increased to $18M from $17M 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).

We extend our heartfelt gratitude to the incredible MILC community for their unwavering support and enthusiasm throughout Q2 2023. As we embark on the rest of this remarkable year, we are excited to continue shaping the future of the Metaverse together. Stay tuned for more groundbreaking developments from MILC Platform!

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 | Twitter | Discord | Telegram | Medium | Email | Whitepaper