SOCIAL COMMUNITY PLATFORM LAUNCHED ON MILC METAVERSE
MILC Platform is excited to announce that our social community platform is now live on our metaverse. We are proud to share that we are the first platform that has launched a social community platform with its own metaverse, and that in such a short period of its existence! Through this platform, our valued community will receive their first “home“ which will directly connect the community with our media metaverse.
MILC media metaverse can be seen as the community place where the content creators, distributors and buyers come together in order to interact with each other. This will be the place where a user gets access to different kinds of content like movies, games, music and so on. For companies, the metaverse itself will be a big ad-platform, where they can leverage a community of millions of users.
Through the social community platform, community members can register in the platform, create a profile, and own a townhouse in our metaverse for free! There is no registration fee for the social community platform. The townhouses will be visible at a later stage.
Features of the platform at the beginning will be: A familiar UI, that takes elements from Twitter, Facebook and Telegram in a slick way for the convenience of the users. Users will be able to follow others, create public and private discussion groups, communicate via DM and upload pics, gifs and videos. There will be the facility to customize your feed according to your interests by using various filters. Shortly after the launch, we’ll update the UI with a 3D-environment, accessible from the community tower in the Metaverse.
BENEFITS OF THE SOCIAL COMMUNITY PLATFORM
When users subscribe for the social community platform, they will receive their own place in our metaverse which will enable them to closely experience its progress. Any community member will be able to share his/her ideas and become a pertinent part of a new kind of open communication. Soon you will be able to socialize with others and the journey will begin to reach millions of users!
Then the platform will attract brands and companies to advertise through our metaverse. The platform will start to generate revenues from advertising and 50% of this income will be shared with the community in our utility token, $MLT. So basically, whenever you watch an ad in the metaverse, you are increasing your own pocket. Moreover, members with the highest number of followers in the MILC social community will receive the largest share in ad revenues.
The next level within this Tier system will be based on the amount of MLT that has been locked in the upcoming internal staking system and the amount of MLT that has been used by each member to purchase goods and services on the various MILC marketplaces. Those who are staking their token will receive more than those who are changing them into Fiat right away. The more you stake or spend, the higher will be your percentage of share in the revenue. In this way, both the active engagement to attract new platform users and the vigorous use of MLT as a platform utility will be handsomely rewarded.
To reiterate, the more somebody contributes, the larger will be his or her share of ad revenues!
Furthermore, the social community platform on top of our metaverse is going to be a very important strategic step as we will be able to start the process to decouple from the BTC market influence. Our target is to reach 20M users by the end of 2022. Given ad fees per capita on platforms like Facebook which measure around 10 USD, this puts total profits from ad revenues at about 200M USD per year. There will be a maximum of 200M MLT in circulation, without taking token burns into consideration. So given that 50% of those ad revenues will be swapped to MLT and paid out to the community, demand pressure from MILC Ad Platform alone would be around 100M USD per year. These revenue streams originating from content and advertising are not connected to the crypto market. This is where the real world industry meets crypto and MLT tokens will have real-world use cases!
Claiming your share of the 50% ad revenue for the community: A user’s share will be virtually visible in the account wallet in the shape of an IOU, similar to your regular CEX. (The account wallet will be added at a later stage). As soon as revenues are generated, they will be immediately transferred to the community wallets. You will be able to witness it almost on a real-time basis when the MLTs hit your account wallet. Users can claim and withdraw these MLTs according to their will.
Here’s the registration link to the social community platform: https://community.milc.global/
We’ll share more details with the release of the new Whitepaper which is also planned for this week.
This is just a teaser showcasing the scope of MILC metaverse and social community platform built on top of it, as the platform is going to be extended and developed constantly to provide infinite possibilities. We welcome everyone to be a part of this incredible and completely new journey for all of us!
ABOUT MILC
MILC platform aims to provide the industry with an open new marketplace for every professional and non-professional content provider and buyer that incorporates cutting-edge broadcast, blockchain and AI-technology which can become a game changer for the entire media content industry. It solves four fundamentally important challenges of the global media industry: Global availability, Discovery process for Buyers, Complex licensing and Early feedback from viewers. MILC has been developed by Welt der Wunder, a media brand with 25 years experience in the business.
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