We are pleased to announce our next AMA on April 9th 2021 at 01:30 PM UTC Time: Satoshi Club x MILC
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join MILC Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. MILC Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about MILC
For more details:
MILC Website – milc.global
MILC Telegram – @MILC_MLT
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
I read that the MILC project under the watchful eye of Welt Der Wunder TV. Is the MILC project affiliated with Welt Der Wunder TV? How does Welt Der Wunder affect the demand for the MILC ecosystem?
I know that MILC Blockchain is focused on content distribution on their platform, so what strategy did the MILC team use to reach Target and achieve project success? and how does MILC ensure that the content they create isn’t plagiarized or copied?
Millions of hours of quality video content are created each year. But we still have slow distributions. What are the main global media challenges that the MILC project will focus on?
The main objective of MILC is to create a bridge for the audience, content creators, creators and distributors. What benefits will be obtained through this bridge to achieve a great impact in the community? Will they allow advertisers to reserve space on content platforms?
There is currently a great dispute because one of the primary requirements of this kind of media is that the content be in English. Is this same mechanism implemented among your strategies? How will they make a difference?
Is there any other way provided by the MILC platform for creators to monetize their content apart from selling content? maybe like adsense or paying subscription. Can you elaborate more in what ways we get earnings as content creators?
You mentioned that there is no intermediaries in MILC platform. What if in case there is dissatisfaction and a dispute between the seller and the buyer, how will this problem be resolved?
MlLC platform is focusing on the Content industry which is facing the challenge of inappropriate content, copyright claim saga and content licensing, and traditional content platform have not been able to offer solution in this regards. As a blockchain based content platform, how will you utilise blockchain resources to solve this illegitimacy and ascertain ownership status? How will you use Smart-Contracts to solve the complex licensing structure used in traditional finance and what advantage will this provide for both professional and non-professional content provider and buyers?
To ease adoption and ensure wider audience accessibility and ability to be able to buy or sell content product, the MILC platform will allow payment to be made both in $MLT and FIAT. Which FIAT currency integration will you support and does this mean there will be an additional requirement to pass KYC before this feature can be accessed? How simplified is the entire processing chain beginning from contract signature, approval and actual payment?
Information and entertainment bring the world together. Millions of hours of quality video content are created each year, yet the current licensing and distribution process is so prehistoric that much of it is left gathering dust in warehouses. Is MILC still being used internally by WdW and SRF as it was in the beginning or have they added new improvements?
Two features that caught my attention is that you are going to implement AI-powered subtitling and AI-translation for the contents that will be available on your platform. How many languages will be supported by this innovation and what type of media content will the AI translation be able to capture? Will these features be readily available to content producers/ buyers as a free customizable feature or will it be an advance feature that you will only make available for consumption only after a premium or additional subscription is paid?
As we well know, content creators, buyers and distributors still operate in regional offline environments. Will you offer any incentive for the community to trust and give movement to this platform? Will they accept any type of project?
As we’ve all known since content creators have been around, this entire medium takes place in regional offline environments, making discovery, networking, and other negotiations time-consuming and expensive. What contributions does MILC bring to the medium to eradicate this inefficiency that has been around for years in this medium?
I am an independent creator and I want my products to be promoted on the MILC platform. What are the main requirements that I must meet in order to be approved for the investment of the project in the middle? How do I obtain a content license?
Regarding the MILC Marketplace launch, what content will be broadcast? Can anyone generate content for MILC MARKETPLACE? How will this content be paid for?
Welt der Wunder TV has operated for decades in the second largest television market in the world, Germany and is listed on the MILC platform. Can you clarify if you will only work with this one or have other minor associations?
In my opinion one big problem the Media Industry has is the fact that if the content is not in English, people are not really into it or don’t give to it the recognition it truly deserves. So, what plans does MILC have to be able to break this big language barrier that has been existing from a long time in this Industry and be able to have a really diverse platform with the real recognition to the content that is in there regardless of the spoken language?
Legally nowadays in the trading of creating content and distributing, we mainly have the issues of copyright (where a buyers is still the owner of a product even after selling it to the consumer). How do you plan to combat with maybe AI technology or do you have a p2p interactive chat in your marketplace that create a medium of interaction between the consumer and the buyer.
Legally nowadays in the trading of creating content and distributing, we mainly have the issues of copyright (where a seller is still the owner of a product even after selling it to the consumer). How do you plan to combat with maybe AI technology or do you have a p2p interactive chat in your marketplace that create a medium of interaction between the consumer and the buyer.
Sorry I edited it somehow
MILC is said to build a bridge between the audience and the content creators, buyers, and distributors. How do you plan to achieve/bring all these sections together, i will also like to know the rewards gained by each entities when you bring all these sectors of distribution and content creation together.
As we well know in every business, the intermediary sometimes earns up to 50% of what he is negotiating, this being the biggest winner, taking advantage of whoever buys and who sells. Do you implement a filter in your platform to eliminate this kind of user? What are the outstanding characteristics to say that a healthy process is taking place?
According to internet media, I was able to show that MILC has been around since 2018. In the beginning to evaluate the introduction of the platform to the market, they began fund-raising, but the objectives were not fully completed and various projects carried out scams to users. After such a disaster how MILC could arise and become what it is now? What scheme was applied to solve this dilemma?
The main objective behind the MILC platform is to build a unilateral bridge that benefits all stakeholders such as the audience, content creators, buyers and distributors. But when it comes to the content itself, can you expand on the requirements that must be met in order to be distributed at MILC? Will there be any NSFW restrictions? What measures have you implemented to achieve exponential growth?
MILC is the gap and the bridge needed by industries would they use more strong plans in the Sports of those companies that want to invest in MILC but still have doubts?
One of MILC main benefits to the media world is the evenly distribution of content from a seller to the buyer by cutting-edge broadcast, including blockchain and AI-technology. These being introduced will help reduce every middleman involvement in the process but i did like to know how plagiarism is being checked by MILC because if a seller sells another person content, it may therefore results to the involvement of middlemen such as lawyers and other entities.
Which you are trying to avoid from the beginning.
I read about your recent token swap (from your old token to the new token) that took place on the 17th of march, i will like to know what happened to your former token MILC and what are your reasons for the introduction of the new token MLT.
I will also like to know how to stake the new token introduced with the APY when we stake the token.
n your token utilities administration, you talked about how MLT holders can participate as investors in the launchpad projects, i will like to know the amount of token quantity that make you an investor with rewards that comes in when you are a investor.
In your blog MILC is being termed a “Welt der Wunder tokenizing the media industry”, from my basic research Welt der Wunder seems like a media company in Germany. I will like to know what it means and your connection with it.
Your project is really a great one; Connecting content creator and the buyer, monetizing content and other nice features. Which contents are accepted for monetization through the MILC platform; videos only or all kinds of digital media? Do you have NFT related services or any plan to add the NFTs to your possible products soon?
How will you deal with inappropriate content, plagiarism and copyright issue on the MILC platform?
You said that “Content creators still operate in regional offline environments, which increases costs by 30-50%.”. This is true and sometime, more. You brought a solution that is online and decentralized. How did MILC work on lower operating costs? Your MILC platform is based on ETH blockchain and you also charge 10% transaction fee, how would you take care of high gas prices ?
There are major competitor like amazon, YouTube e.t.c. What are the competitive edges your project have in a way that it will draw more users to the platform? I know that the content consumers and the content creators can easily make money through the platform. Is there any opportunity for the audience/viewers?
It’s not a secret for anyone that one of the biggest pain points of the Media Industry are the middle men like attorneys, agencies or notaries agents because what they are really doing is exploiting both parties; producers and consumers. So, my question is, what plans does MILC have to erradicate this intermediaries? Also, and most importantly what benefits will the MILC platform give to both parties now that third parties won’t be on their way?
I read on MILC’s wiki that MILC platform aims to provide open new marketplace for content providers. So, speaking of this content that can be provided on MILC, what are the terms and conditions they need to fulfill in order to be distribute on your platform? Will MILC have it’s content distribute and classified into categories like the ones from the Motion Picture Association? Or will you just simply have NSFW restrictions for what can and can not be on MILC?
One of the features that most caught my attention about MILC is its connection with blockchain networks and AI technologies, how will you make these artificial intelligence technologies compatible with all devices worldwide? Is it only for subtitling functions or will be useful for something else?
I saw on your website that you’ll be launching staking programs in order to reward token holders and the Community, when are you planning to launch this features and what pairs will be available for staking?
Judging by the roadmap, you started working on the platform in 2017. If we take this period of time from the beginning of work until today, MILC existed only on paper? Or has the platform been working all this time and already has a base of clients and authors?I am interested in whether you are entering the crypto world with an already established community or you have yet to conquer your audience. And the decision to become a part of the crypto world was originally, or did you succumb to the trend of the times?
On the use of the MLIC platform, certainly the demand for MLT Token will increase with the growth of the MILC platform, but to provide constant growth do you have any marketing and advertising strategies? And what will the MILC platform offer to make more users want to get involved in it ?
In their roadmap, specifically in the second quarter of 2021, they say that the launch of the official MILC platform will take place. So what are the functions and benefits that this platform will offer to users? What will be the different tools and features that will make it a very useful platform for users?
In Staking out MILC plans to integrate rewards for token holders and to the Community also MILC will launch participation programs to earn interest on their tokens. So, could you tell me more about this? how users can get some passive income thanks to Milc? Will users really get good rewards?
The MILC Marketplace will be available for user-generated content like Youtubers and non professionals but isn’t clear to me what benefits will this freelance users seek on a Marketplace like yours? What are the main attractions of being part of MILC that isn’t in other platforms like Youtube?
CAN YOU GIVE US AN ELEVATOR SPEECH (ON THE RISE) ABOUT WHAT MILC IS AND WHY IT’S IMPORTANT?
CAN YOU TELL US ABOUT THE VISION IN ABOUT 3-5 YEARS FOR MILC?
WHAT ARE THE 3 MOST IMPORTANT USE CASES YOU SEE FOR MILC?
The part i am so much interested in (and maybe others)- tokenimics. What is total supply? The amount of $MLT to be distributed, the proportion locked by the team, e.t.c? How would you distribute the token? Is through mining, investing, farming or any other means? What would determine the value of the $MLT and how protect the value? Tell us everything in general.
You recently changed your token from $MILC token to $MLT. What was the major challenge that prompted you to change to a new one? Any improvement? There were some people holding the $MILC before the switch. How will this change favor the $MILC holders? The price of both tokens differs. Hope this in anywhere won’t affect the $MILC holders. Is there opportunity for swapping and how will it be done?
Your project has smart contracts and from a professional point of view, most smart contracts are subjected to security threat? Have you in any way tried to audit your contracts? What are the results? How are you building on the result?
MILC looks to solve the long old bureaucracy in content creation, negotiation and delivery making it easier for producers and consumers to deal directly over a platform. How will MILC guarantee that with the direct interactions of this two major players, the contents been produced and distributed are viable and suitable for the right audience, because creating a somewhat easy and open environment will in most cases encourage unscrupulous practices. Therefore how will these contents be regulated and who serves as the regulator?
Through a careful run down of your roadmap, I noticed that MILC has been in the works for almost four years till date trying to build, grow and create the much needed awareness and buzz around the MILC brand with some major works still scheduled for Q1-Q4 2022. With all respect though, four years seems like a lot of time to still be building and fine-tuning around a project, especially with no formal launch and use of the project world wide. So why has it taken so long to build the MILC brand, what challenges were encountered along the way?
MILC is developed by Welt der Wunder, a media brand with now 25 years of experience and presence in the business world. Welt Der Wunder TV’s Media Content Library was valued by Ernst & Young at €48,000,000 in November 2020. Tell me, do all users of the MILC platform have the opportunity to access these contents? What do we need for this?
MILC solves four important challenges of the global media industry: Global availability, Discovery process for Buyers, Complex licensing and Early feedback from viewers. How do you want to combine all this into with the ordinary real world, convey it to people who do not know about blockchain and technically work out this whole process?
One of the features of MILC program is audience participation. So can you tell us more about how can audiences take part in MILC program ? What are the benefits that an audience will get for sticking your program in the long run?
As Welt der Wunder TV has operated for decades in the second largest TV market in the world, Germany. So what is your plan for global expansion of your market? Do you plan to launch also a Welt der Wunder TV in other continents like Asia and America for broader market?
By following the link in “One Pager”, I was pleasantly surprised. This document contains almost everything: the vision and goals of the project, the roadmap, tokenomics, the necessary links … Is this a kind of your mini White Paper? Where did the idea for One Pager come from and what is its use besides being placed on the site?
Reviewing on the incredible journey on Media Industry Licencing Content. What is the potential advantage that will be gained by investment on $MILC project?
Have you met all your goals in the roadmap until now. What were your difficulties.
I noticed that you only have 1 partnership stated in your platform which is the Swiss Txt. So do you plan to acquire another partnership in your platform? Since you only have one partnership,can you tell us the win-win benefits that you get to each other? What great impacts that Swiss Txt brings to your community and to your investors? Thank you
MILC will build a bridge between the audience and the content creators, buyers, and distributors. Do you think mainstream media will benefit with your platform? The media giants are already making millions with deals and commercials, do they still needed your services or you will focus on independent creators and distributors for now?
I found out in your website that MILC has a numbers of advisors and those advisors are the CEO or Founder from different big platforms like Mantra Dao, Ferrum Network, X21 Digital,Zenfuse, Swiss Txt Ag, and TGood. So why do you need many advisors in your platform? What is the major role of those advisors in MILC? What are their share or contribution to the development and innovation of MILC? Since they are from different platforms, do you wish also to collaborate those platforms that they came from? Thank you
MILC MEME Contest which submition of entries ends on April 10, 2021 will win an IDO allocation spot in your Token Generation Event. The winners will be automatically granted a spot on the IDO right or they still have to pass whitelisting? What if they failed to passed the whitelisting process?
MILC conducted fundraising rounds in 2018, but didn’t raise what is needed to fund the Platforms operating costs. With the upcoming IDO, what will be the team’s next course of action when MILC sale didnt reach the expected amount? When and where will you launch your IDO?
I read that MLT holders can participate as investors in the Launchpad projects on the MILC Platform. What projects will be launching there? Will it be open for any project or only media or content related ones?
Since MILC is media content oriented what are your plans regarding partnerships with other content oriented networks? Recent success of Theta and AIOZ come to mind, do you have plans to collab with them or any other players in the media space?
Please tell us about the early days of the MILC, how did it start as a company, was it a family enterprise? I can’t help but notice that there are 3 team members with the same family name Hey 🙂
While trying to apply for MILC MEME Contest I noticed that MILC twitter profile does not exist. Is the contest still on and if so how can users join? Wish you luck with recovering MILC twitter profile!
I read MILC build since 2013, its great project.btw could you please tell us about what new development that MILC doing for now? Maybe about your new application, which market do you plan to expand or new event/program for your community?
Can you explain how does MILC project help to create the proccess of licensing from content to become faster, easier and more effeciently ? And what is the connection with blockchain or crypto to help the proccess?
I read that MILC have token name $MLT using erc20, can you give the reason why you choose to create it under Ethereum blockchain as we know the transaction fees is really expensive? And how did you handle the fees problem?
MILC is a platform to open new marketplace for content provider but can you tell us what are the problem from a marketplace and media content industry that possible to solve by using the system of blockchain?
What is the driving wheel behind this your motive