MILC Platform Quarterly Review — Q4 2022

MILC Platform kept on building at full steam throughout the last quarter of 2022. The past three months marked the relentless advancement in the technological development of MILC’s WebGL Metaverse and Web3 Social Community. It launched an industry-first virtual film festival to go live this year, incorporated more listings for $MLT, achieved significant partnerships, and took over exciting campaigns to engage with the community.

It has been a long, arduous quarter for MILC Platform — but it’s all about to be worth it. Without further ado, we present to you the Quarterly breakdown of the last three months of 2022!

♦️ Development Milestones and Launches

Released Whitepaper 2.2: “Journey to the #Metaverse”

The eventual Whitepaper 2.2 is a further development over the previous Whitepaper 2.1. This is a crucial document that incorporates the additional revenue and earnings potential of the MILC Platform devised on top of the previous business strategy. A much-required informational handbook for the growth of its customer base and community.

Please have a look at the latest Whitepaper 2.2 here: https://milc.medium.com/milc-platform-whitepaper-2-2-journey-into-the-metaverse-6d60fde2bc0c

Announced the Alpha Film Festival

ALPHA FILM FESTIVAL, launched by The Film Verdict and the MILC Platform, is the first virtual film festival exclusively hosted on the MILC Web3 Metaverse. The festival will take place from 3rd-7th March 2023. Please follow the official AFF Twitter page @alphafilmfest, for the latest updates on the festival.

Read here for more details on the ground-breaking film festival of the future: https://milc.medium.com/alpha-film-festival-to-launch-in-the-milc-metaverse-4a7da6c4523d

New Project Website Launched

A brand-new website was also launched by the MILC Platform for its users. The website update reflects the updated vision and progression in its goal. Please have a look at the project’s renovated website, it will impress you for sure!

Visit the new website here: https://twitter.com/MILCplatform/status/1604909090140192768

Launched Film3 In Frame

MILC Platform launched a digital news service, Film3 In Frame that is dedicated to spreading awareness and promoting the filmmakers and projects in the emerging Film3 space. This will act as a platform to raise awareness and to put the emerging pioneers of FILM3 space “in the frame”. Follow Film3 In Frame on Twitter: https://twitter.com/Film3_In_Frame

Read everything about this initiative here: https://milc.medium.com/introducing-film3-in-frame-a-new-voice-for-the-future-of-film-f02579adae83

$MLT token listed on MEXC_Global

$MLT, MILC Platform’s native token, was listed on MEXC Global on the 11th of October. Both ERC20 and BEP20 $MLT tokens will be supported here.

Read more on the new listing of $MLT here: https://twitter.com/MILCplatform/status/1579023777102725121

Metaverse Updates:

MILC Metaverse is entirely focused on the goal of becoming a leading global media and entertainment Metaverse. All of the buildings being built in the Metaverse will execute a distinguished function that will play a pertinent part in realizing this goal. Over the course of the months of October — December, some astounding new features and upgrades were added to the Metaverse. Read in-depth about these improvements here:

• MILC Townhouse & 1st set of Avatars
• Content Palace, Art Gallery & Flying Platform
• Exchange Building, Lighthouse & Teleportation mechanism

MILC Metaverse Art Tower promoted Bad Blood Films’ movie “Sacrilege”

In a first, the virtual art tower inside the MILC Metaverse City became a platform to promote our partner- Bad Blood Films’ 2020 award-winning feature film Sacrilege. This came as a part of the Halloween 2022 celebrations! A fearsome collection of posters, stills and concept art from the movie were displayed on the walls of the MILC art tower.

Read more on this interesting collaboration here: https://milc.medium.com/bad-blood-films-sacrilege-milc-art-tower-halloween-takeover-9c356f5676fc

$MLT token listed on Blockbankapp

In November of 2022, $MLT was listed on the #DeFi side of the Blockbank app. Both ERC20 and BEP20 $MLT tokens are supported here.

Please check out the listing here: https://twitter.com/MILCplatform/status/1597231837734395905

$MLT listed on FinanceChainge

$MLT was also listed on Finance Chainge in November of 2022. This added another place to trade for MILC Platform supporters.

Click here to see the listing: https://twitter.com/MILCplatform/status/1592800230797619200

♦️ Collaborations

Partnership with Badbloodfilms

MILC Platform entered into a partnership with Bad Blood Films, an independent British horror and thriller film production company with a studio approach to filmmaking. The partnership aims to deepen engagement with their fans, bringing a new dimension to their horror franchises and iconic characters.

Read all about this partnership here: https://milc.medium.com/bad-blood-films-enters-the-milc-metaverse-a-new-horror-playground-e3854a5967b6

Partnership with PINSL

Another imminent partner, PINSL, was on boarded in the last quarter of 2022. PINSL, the curated Fine Art NFT platform, provides a secure, reliable, and convenient way to create, collect and sell Fine Art NFTs for renowned artists, galleries, and collectors. This allows Metaverse users to explore the brilliant NFT artworks within the MILC art tower.

Get complete information on this partnership: https://milc.medium.com/milc-platform-welcomes-pinsl-into-its-metaverse-19735f015887

Partnered with HYVE

MILC Platform collaborated with HYVE, which allows cooperation between freelancers and enterprises where payments are made directly in cryptocurrencies, providing numerous advantages. $MLT was integrated into HYVE’s platform as a direct mode of payment.

Read more on this collaboration here: https://milc.medium.com/milc-platform-partners-with-hyve-1592e095d176

♦️ Key Media Mentions

MILC Platform’s CEO, HendrikHey at the Medientage Munich 2022

Hendrik Hey (MILC Founder & CEO) and Eugen Nussbaum (MILC Business Director) represented the MILC Platform at one of the Biggest Annual Media events in Germany, “Medientage München 2022”!

It is also important to share that Hendrik Hey was part of the panel: “Web3 — How Web3 changes the media”. Read here: https://twitter.com/MILCplatform/status/1583025283736952834

♦️ Community Milestones

• Interview session with The Birb Nest
  An intriguing and informative Interview session was hosted by the Crypto Birb. The best man, Hendrik Hey, represented the MILC Platform and gave his valuable insights about the present workings and future endeavors of the project. You can watch the recording of the live interview session here: https://youtu.be/RtScYAMyhYs
• Giveaway of 50K $MLT
• Buying Competition with LATokens
• Twitter Space AMA with the Bitjoin Studios
• Christmas Gleam Giveaway
• Poster Design Competition
• Quiz Contest

♦️ MLT Token Performance

Even during the tough bear market conditions of 2022, $MLT managed to gain temporary substantial momentum with a 6x run from June lows at $0.035 to a peak of $0.18 by the end of October. In the following weeks MLT remained stable at levels above $0.10.. However, as the FTX collapse hit the crypto market in late 2022, it had a negative impact on the price of $MLT as well. It went from its peak at $0.18 to a low of $0.062 on 29th December. At first glance this might look negative. But given the overall difficult market conditions throughout the year MLT once again performed remarkably well within an otherwise sea of red. This even more motivates the whole MILC team to justify trust of the loyal MILCians community heading into an exciting year 2023!

• Both chains combined (ERC20 and BEP20) total number of unique holders increased to 14,873. That’s 1,242 more MLT holders since the end of September!
• Average 24h trading volume on all marketplaces further increased to around $550k
• Daily trading volume peaked at $1.2M on Dec. 6th. Lowest volume has been $113k on Oct. 1st
• With the adjustment of circulating supply on Coinmarketcap and Coingecko, CS of MLT adds up to 132.44M, with 196M unlocked according to the MLT unlocking schedule
• MLT closes the year 2022 with a market cap of ~$8.5M

Once again it has been an incredible couple of months for MILC Platform although we didn’t accomplish everything we planned to according to the roadmap, in some ways we accomplished more than we ever could’ve dreamed of. The MILC Metaverse is now heading into a phase of becoming “market ready”, meaning that monetization is finally imminent with first clients leveraging our advertising spaces.

This is great news for $MLT-holders too, because it effectively means that our utility token finally can fulfill its utility, leading into a self-propelling demand-curve.

As always, we’re thankful for the amazing MILC community. We are truly blessed to have a proud and loyal group of supporters.

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