What is MILC Platform (MLT)?
MLT is the native token of MILC (Media Industry Licensing Content), which is an Ethereum-based blockchain platform that aims to connect content providers and content buyers through an open marketplace that incorporates blockchain and AI technology. MILC aims to solve the challenges of the traditional content chain. These challenges include the global availability of all video content, the discovery process for buyers, complex licensing for the entire industry, and early feedback from the audience. The MILC crypto project aims to solve these problems by building a bridge directly between the audience and content stakeholders. This connection will allow for more quality content and rewards.
The MILC Platform provides users with several features. The smooth functioning of these features ensures that the MILC Platform price in the market is not at risk. MILC allows users to distribute content to partners and buyers. Moreover, there is a transparent chain of rights management, and the videos are implemented with AI technology for automatic subtitling. The MILC Platform also features a frame-by-frame video player for direct and straightforward editing. Besides, users can control the entire production chain with the help of a user-friendly dashboard.
Apart from the main MILC Platform, there's also MILC Metaverse (Mediaverse), which is made specifically for the media industry, and MILC Community, which is a social community platform.
Check out the MILC Platform price chart above to see the live MLT price.
What is MLT Token?
As mentioned before, the Media Licensing Token (MLT) is the native token of the MILC Platform crypto project. It is a utility token that eliminates the need to work through complicated and time-consuming licensing procedures. This token is also expected to develop into a mode of payment on the platform to promote low-cost and fast transactions. In essence, MLT ensures that users can easily make the switch from fiat to MLT. Besides, MILC Platform tokens are also used for incentivizing users through discounts and surcharge benefits. The MLT price relies on the proper functioning of these features to ensure market stability.
Don't forget to analyze the MILC Platform price chart before making any purchasing decisions.
Who Founded MILC?
The MILC crypto project was developed by Welt der Wunder TV. The latter is a Germany and Switzerland-based entertainment TV network developed by the Welt der Wunder media brand, which has been around for more than 25 years. It has expert media networks all around the world and sells self-produced shows in more than 100 nations. The CEO of both, Welt der Wunder TV and MILC, is Hendrik Hey.
The MILC Platform plans to use NFTs as a medium of distribution for valuable program content in the future. There are also some new programs planned that will allow producers to secure additional liquidity to produce new programs for their non-target audience. These new programs will be decided by stakeholders of the MILC community, which include token holders and the audience.