MILC Project Sets a New Open Metaverse Standard in Luxembourg — Liberating Digital Access!
Luxembourg/Munich — A significant step for the digital future of Europe: The German MILC (Media Industry Licensing Content) Metaverse is becoming the MILC EU Metaverse and relocating its headquarters to Luxembourg. The goal is to pave the way for an open and affordable platform that makes it easier for future participants to use the Metaverse.
The Metaverse is often referred to as the next big digital revolution, but access is expensive and complicated for many. This is exactly where the EU MILC project comes in: it offers an open, modular platform that lowers entry barriers. This allows companies — both large and small — as well as developers and creatives to implement their projects in the Metaverse more quickly and cost-effectively.
“The Metaverse is the convergence of countless independent projects that provide users with a seamless transition into fascinating 3D spaces”; says Hendrik Hey, founder and CEO of the MILC platform. “It cannot be dominated by a few central players creating a few isolated islands. It must be open to anyone who wants to position themselves in this new and exciting world.”
In collaboration with many partners from the Web 3 industry, this unique platform is now set to emerge in Luxembourg. The technical and already operational basis of this initiative is the MILC Metaverse, developed in Germany by Welt der Wunder TV. Together, standards and technologies will be further developed and made available to all participants.
By combining cutting-edge technologies such as blockchain, artificial intelligence, and virtual reality, the platform allows Metaverse participants to focus on content creation and experiences instead of dealing with complex technical infrastructure. The platform will help reduce development costs and accelerate the time to market for new projects.
Luxembourg as Europe’s Innovation Hub
The decision to choose Luxembourg as the headquarters was driven by its existing state-of- the-art digital infrastructure. Advanced data centers and strong initiatives in quantum communication and high-performance computing (EuroHPC) make Luxembourg a promising candidate to become the new Silicon Valley of the rapidly growing Web 3 industry.
“Luxembourg aims to position itself as a central player in the Metaverse and the Web3 industry. Europe has already managed to establish key rules for the digital transformation and we welcome any initiative that helps support this”; says Hendrik Hey.
Clear regulations on data protection, the use of blockchain technology, and the tokenization of industrial and financial sectors, as well as laws for the use of artificial intelligence, provide ideal conditions for Web3 companies. By focusing on existing European standards in the areas of digital security and sovereignty, Luxembourg provides ideal conditions to elevate the Metaverse to the next level globally.
About MILC
Hendrik Hey is the Founder of MILC (Media Industry Licensing Content), a pioneering company in the blockchain and metaverse space, with a strong background in media and content. MILC operates a real live metaverse platform that serves not only the media industry but also various industrial use cases. The company also focuses on Web3 consulting, aiming to support complex real-world industries on their way into Web3. MILC is a sister company of European media giant Welt der Wunder, which Hey founded over 25 years ago.
For more information, please visit https://www.milc.global and https://www.ionpowergrid.com
Contact: press@milc.global
