MILC Platform Quarterly Review — Q3 2024

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Welcome to the MILC Platform Quarterly Report for Q3 2024! This quarter has been monumental, showcasing groundbreaking developments, strategic collaborations, and significant media coverage. Join us as we delve into our latest advancements in the Metaverse, innovative partnerships, and community milestones that are setting the stage for a transformative future in content media and entertainment.

♦️ Development Milestones and Launches

MILC Metaverse Makes a Quantum Leap with VR Integration

We achieved a major breakthrough: the internal playtest of the MILC Metaverse in Virtual Reality using Oculus Quest 2 & 3. By harnessing the power of Unreal Engine, we’ve seamlessly adapted our project for VR across multiple platforms, starting with Android. Although integrating VR functionalities posed challenges, the outcomes are extraordinary. This immersive experience has provided invaluable insights and inspired further enhancements. Stay tuned as we continue to refine this groundbreaking VR journey!

Read more about our VR playtest

Exciting Upgrades in MILC Metaverse

We unveiled the latest enhancements in the MILC Metaverse. Here’s what’s new:

  • Cyber Security Hub V2.0: Elevating protection for a safer digital experience.
  • Code Optimizations: Enhancing internal systems for improved performance.
  • New Tutorial System: Simplifying the onboarding process for users.
  • Bug Fixes: Boosting usability and overall stability.
  • New Building: Cybersecurity HUB.
  • Can Knockdown Game: Featuring levels and a competitive leaderboard.
  • MILC Maze Leaderboard: Challenge yourself to find the center.
  • Support System: Providing enhanced user assistance.
  • Optimizations: Improvements in code, texture, LOD, and mesh quality.
  • New Landing Page: Upgraded avatar selection and login experience.
  • Exhibition: Showcasing a sandstone sculptor display of Neuschwanstein Castle in the Art Gallery.

Discover more about our latest upgrades

“Jung Kook: I Am Still” Premiere in MILC Metaverse

Step into the vibrant world of K-Pop with the recent global cinematic release of “Jung Kook: I Am Still,”presented by Trafalgar Releasing and HYBE. Premiered on September 18 across over 120 countries, this film offers an intimate glimpse into Jung Kook’s remarkable rise to fame, featuring exclusive footage, interviews, and electrifying concert performances. Dive into the ZAPZEE Metaverse Space to experience this exciting documentary and explore the journey of BTS’s superstar.

Get all the information here

Oldenburg Film Festival Returns to MILC Metaverse

The Oldenburg Film Festival is back, celebrating 31 years of indie spirit and rule-breaking artists! Recognized as the world’s most gloriously unconventional film festival by The Hollywood Reporter, it returned for a second year in collaboration with the MILC Metaverse. Immerse yourself in the virtual Oldenburg Space and discover engaging trailers from this year’s diverse film selection, including a tribute to Chris Marker’s classic “La Jetée.”

Read all about it

Major Metaverse Map Upgrade

Navigating the MILC Metaverse just became effortless! Our updated map now allows users to view and teleport to any location with a simple press of the “M” key. This enhancement enriches the exploration experience, making it more intuitive and enjoyable.

Explore the map

Spyder Bot Launches in MILC Telegram

We introduced Spyder Bot in the MILC Telegram Community! This innovative tool by Astra Labs keeps our community engaged by tracking new followers and notifying us of notable influencers joining. It’s a fantastic way to foster a positive and bullish atmosphere.

Key Features:

  • Follower Tracking: Monitors new followers for the MILC Platform.
  • Influencer Alerts: Notifies when someone with 10,000+ followers joins, keeping you updated on key community players.

Learn more about Spyder Bot

MILC Jacket for Your Metaverse Avatar

Elevate your avatar’s style in the MILC Metaverse with the brand-new MILC Jacket! This exclusive upgrade is a must-have for all users.

Get your Avatar jacket here

♦️ Collaborations

Strategic Partnership with K4 Rally

We announced our collaboration with GAWOONI on the K4 Rally project. This strategic alliance seamlessly merges MILC Metaverse’s cutting-edge Web3 technology with K4 Rally’s innovative blockchain-based racing game, poised to redefine digital racing experiences. Set to launch in October, this Unreal Engine-powered game promises to establish new standards in graphics and immersive gameplay, marking a significant milestone in the gaming sector. This partnership not only enhances the excitement of virtual racing but also exemplifies the fusion of advanced technology with exhilarating entertainment.

Read more about our partnership with K4 Rally

Envision Labs Joins the MILC Metaverse

We welcomed Envision Labs into the MILC Metaverse, introducing a transformative dimension to decentralized media distribution. This partnership expands Envision Labs’ reach within the blockchain and 3D asset ecosystem, significantly enhancing our Metaverse offerings. Explore their innovative Web3 stock media marketplace, now available on testnet, with the mainnet launch anticipated soon.

Discover more about Envision Labs

Collaboration with ZAPZEE

We forged a partnership with ZAPZEE, a premier platform in Korean entertainment. This collaboration aims to revolutionize the media and entertainment landscape by delivering engaging Korean content within a dynamic 3D environment. As the global fascination with Korean culture — known as the “Hallyu Wave” — continues to rise, this partnership positions both MILC and ZAPZEE at the forefront of digital entertainment innovation.

Learn more about our collaboration with ZAPZEE

Revolutionizing Energy through the IPG Association Partnership

In an exciting venture, MILC Metaverse partnered with Austria’s ION POWER GRID (IPG) Association to launch a groundbreaking smart city simulation. This real-time industrial simulation integrates blockchain, the Metaverse, and AI, transforming energy production and paving the way for a decentralized, efficient energy infrastructure. With over 1,000 energy producers joining the virtual power plant network, this collaboration is set to make waves in the energy sector.

Discover more about this innovative partnership

♦️ Prime Web3 Events

Token2049

The MILC Platform proudly participated in The Oddly Event, hosted in collaboration with Filedgr at Token2049 in Singapore. We showcased a cutting-edge virtual experience within the MILC Metaverse, strategically situated inside the Filedger Headquarters building. This event provided an incredible opportunity to engage with industry leaders and showcase our innovations in the Metaverse.

Read all about our Token2049 experience

Unreal Day 2024

The MILC Platform team was in attendance at Unreal Day 2024 in Belgrade. Given that our Metaverse is built entirely on Unreal Engine, staying ahead of the curve is essential. This event allowed us to delve into the latest developments, trends, and innovations in game design. Unreal Day served as a perfect platform for exchanging insights with industry peers and exploring new ideas that can further inspire our projects. Organized by the Serbian Games Association and powered by Epic Games and 3Lateral, this international gathering brought together professionals, students, and enthusiasts from across Europe and the USA.

Discover more about Unreal Day 2024

ICE Conference

MILC Platform attended the ICE Conference, the premier event for all things 3D. Covering everything from concept and design to execution, this conference attracted professionals from diverse industries, including entertainment, advertising, training, and simulation. Our COO, Eugen Nussbaum, shared his expertise on the “State of the Metaverse” panel on October 1st. With a focus on the artistry behind 3D environments, ICE covered a range of topics, from technical workflows to project budgeting and industry insights.

Learn more about the ICE Conference

Digital Fashion Week London

The MILC Platform proudly attended the Digital Fashion Week in London, hosted by Epic Games. This groundbreaking event merged the physical and digital realms through a revolutionary Metaverse live-stream, facilitated by PixelCanvas, XcyteDigital, and Translucia. Our Senior Licensing Manager, Richard Flynn, was on-site, immersing himself in cutting-edge innovations and forging valuable new connections.

Explore our participation in Digital Fashion Week London

♦️ Key Media Mentions

Featured in Grit Daily

MILC’s exciting collaboration with ZAPZEE has been prominently featured in Grit Daily News, the premier hub for startup news. This partnership is set to elevate Korean entertainment into the 3D realm, allowing fans to immerse themselves in the Hallyu wave like never before. From K-Pop and virtual concerts to interactive experiences, MILC and ZAPZEE are poised to revolutionize the consumption and experience of content in the digital landscape.

Read the article here

Featured in Blockchain Tribune

Blockchain Tribune spotlighted MILC Platform’s groundbreaking partnership with K4 Rally, highlighting our commitment to innovation in the gaming sector. This collaboration aims to transform the gaming industry by seamlessly integrating Web3 technology with thrilling virtual experiences, showcasing our dedication to pushing the boundaries of digital entertainment.

Explore the feature

Featured on BlockTelegraph

BlockTelegraph has highlighted MILC’s significant transformations over the past year, including our strategic shift to Web3 consulting, green energy initiatives, and advancements in our media marketplace. This evolution underscores our commitment to pioneering new frontiers in digital technology and shaping the future of media.

Read the full article

Featured on Yahoo Finance

MILC has unveiled a sleek new website that enhances user experience and functionality. This updated platform showcases our Web 3.0 Consulting services, providing businesses with seamless transitions to the digital realm through expert guidance and comprehensive support.

Discover the new website

Featured on Business Insider

Business Insider recently featured MILC Platform, highlighting our revamped website and the introduction of our Web 3.0 Consulting services. This article reflects our ongoing commitment to transforming real-world values into digital assets, solidifying our position at the forefront of the digital revolution.

Read the Business Insider feature

Featured on Tech Bullion

Tech Bullion covered MILC’s latest milestones within the Metaverse, detailing our visual and functional upgrades as well as exclusive events, such as the Cannes Film Festival held in the Metaverse. Our platform continues to set new standards in digital innovation and industry collaboration, paving the way for future advancements.

Learn more about our milestones

♦️ Community Milestones

MILC Team’s Brainstorming Session

Our recent team meetup served as a vibrant hub of creativity and innovation. These brainstorming sessions are vital for cultivating team spirit and generating groundbreaking ideas. Each team member’s contribution propels our collective success, ensuring the MILC Metaverse continues to evolve and thrive.

Discover more about our brainstorming session

Binance Live AMA Series

Hendrik Hey, the Founder & CEO of MILC, recently participated in the Binance Live AMA Series. This enlightening session explored the latest developments at MILC and provided an insightful glimpse into future initiatives. Hendrik shared his visionary perspectives and invaluable insights, making this session a must-watch for all community members seeking to stay informed and engaged.

Watch the AMA recap and recording

Weekly Newsletters

Through our weekly newsletters, the MILC Platform diligently keeps our community informed about the latest developments in the Metaverse, advancements in AI, and innovations in Web3.

Stay updated by subscribing to the MILC Newsletter

As we move into Q4, exciting opportunities lie ahead for the MILC Platform. We deeply appreciate our vibrant community for their continued support and engagement, which fuels our progress. Together, let’s embrace the innovations on the horizon and make this upcoming quarter our best yet! Stay tuned for more thrilling updates!

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. 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. The company also focuses on Web3 consulting, supporting complex real-world industries on their Web3 journey.

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) | Telegram | Medium | Email | Whitepaper

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MILC (Media Industry Licensing Content)
MILC (Media Industry Licensing Content)

Written by MILC (Media Industry Licensing Content)

The MILC Platform was created by Welt der Wunder® and constructs a blockchain-managed licence, trading and sales platform with high-quality video content.

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