2) The content media industry has been stagnant for a long while with minimal to no developments in how it functions.
Content is the key to human communication, interactions and understanding.
3) Buying and selling of media content has been a very difficult process
Especially unfair to the small content creators and buyers who don’t have the resources and networks required to access what they are looking for in this market.
4) ENTER MILC PLATFORM
MILC felt the need for a change in how the content is traded globally.
It took them around 5 years to come up with a project that aims to revolutionize the processes of content trading and content licensing, which they now call the MILC Platform.
5) The MILC Platform is split into 3 large segments.
• MILC project
• MILC community
• MILC Metaverse
The platform initially started with only "the MILC project".
As time went on they saw the need to innovate and expand like a good company does.
5) Since MLT is much more today than what it was in the past there's also more to cover to what I did in the past.
Check the thread below to see what the "MILC project" is all about before moving on to their metaverse platform 👇
6) After the launch of their original concept MILC was happy to announce their metaverse for the media industry (mediaverse).
This aims to bridge the gap between the content producers and the audience.
7) Mediaverse from MILC Platform is a combination of virtual reality, blockchain technology and artificial intelligence.
They created a virtual city that establishes a direct connection between the various participants of the media industry.
8) In today's world a content producer needs to wait for the feedback until after the content is published and rated.
The audience can’t give inputs during the production process they are interested in.
This direct interaction will be possible with the MILC metaverse.
9) In the mediaverse from MILC you will see the construction sites that are being developed continuously.
You will be able to create an avatar, run around and visit many buildings for different purposes.
10) CONTENT PALACE
This building will be the digital venue for B2B marketplace which we named as “Content Palace”.
Users visiting this building can find new projects.
11) HOLLYWOOD PALACE
In this building users would be able to interact with celebrities, actors and directors if they find you interesting.
12) MILC UNIVERSITY
This building will educate users on complicated technical and financial aspects.
13) THE PARLIAMENT
This building will serve as a place to gather opinions from the community on various aspects like a movie production or functionalities of the city, by giving them the power to vote.
14) MILC BANK
This building will be the ground for financing projects.
This will enable crowdfunding wherein anyone can invest in a media project they like.
The bank will provide users with several financial instruments like $MLT and many other crypto instruments.
15) MILC ART GALLERY
This building will allow users to display their artworks, whether physical or digital art such as NFTs.
These can then be traded with interested buyers.
16) MILC UFO BUILDING
This building is placed above all other buildings in the sky.
Users can access this building to get a top view of the entire MILC city.
MILCians can now admire the continuously developing Metaverse from this platform.
17) The MILC Metaverse will be an ongoing process where new buildings will be added.
As such this list isn't complete and will change a lot along the way.
Make sure to stay up to date with their socials if you like what they are doing.
19) Since the launch of their metaverse platform which happened in November last year, MILC has updated their platform with Unreal Engine.
In the future more and more features will be added to enhance the MILC Metaverse experience.
20) One of the biggest highlights is that 50% of all advertising revenue generated through the MILC platform will be shared with its users.
It's native token $MLT serves as a medium of exchange, contract signing vehicle and revenue sharing medium.
21) CONCLUSION
The MILC platform aims to become one of the leading business and entertainment Metaverses.
Connecting the professional media industry with its fans.
Through its platform, it offers the possibility for all users to interact directly with the media industry.
22) I've always wanted to connect with content creators and the media industry in general.
Getting in touch with individuals or companies during the content creation process is a serious cool and NEEDED feature for the media industry.
23) While the platform is still in its infancy, the foundation has been made and more importantly the product is already live.
It will be exciting to see how far they can bring it globally and I'll likely be at the first row.
Nova out ❤️
24) If you want to keep up to date to most of my content and interesting projects give me a follow @CryptoGirlNova.
I also research the communities top voted cryptocurrency every week so you can keep track of all the most exciting projects.
Your favorite writer Nova ✍️
25) If you had value from this and liked this thread, it would really bring a smile to my face if you could retweet the first post so this can help as many people as possible.
One gasless blockchain is poised to dominate the market this year 🧵↓
2/14 The most popular blockchains require users to own native coins to pay for transactions.
However, the nature of these fees can lead to high costs during periods of congestion which provides challenges for businesses and everyday newcomers building on blockchain technology.
3/14 Furthermore, it poses a daunting task for newcomers to obtain native coins and need to understand wallets and gas fees presenting significant barriers to entry.
These challenges provide the need for ongoing innovation and simplification within the blockchain ecosystem.