Question 1

What is MiL.k (MLK)?

Accepted Answer

MiL.k is a blockchain-based platform that aims to integrate customers from various service companies in industries such as travel, leisure, fashion, culture, and lifestyle. It functions as a unified system that tokenizes mileage points from different services, allowing users to trade them interchangeably. The platform gathers small amounts of spread mileage points from different services and enables users to trade these points as needed. By leveraging blockchain technology, MiL.k enhances the reliability and credibility of mileage point transactions, making them more secure and efficient.

Question 2

What is $MLK used for?

Accepted Answer

$MLK is the cryptocurrency of the MiL.k platform and serves as the medium to integrate and trade Brand Tokens from different service companies. There are two types of tokens on the platform: Brand Tokens (tokenized mileage points issued by service companies) and $MLK. Users can acquire $MLK through various means: earning it by selling their Brand Tokens on the platform, purchasing it from external crypto exchanges, or receiving it through individual transfers from other users.

The platform utilizes Luniverse's BaaS (Blockchain as a Service) platform and operates with a main chain and side chains structure. Transactions, usage, and transfers on the platform occur on Hyperledger-based side chains for improved performance. Additionally, connecting to external crypto exchanges is facilitated through Luniverse's main chain, enhancing confidentiality and stability. The use of Hyperledger Fabric, a permissioned blockchain framework, further ensures the platform's reliability and scalability.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	MLK-USDT MLK-USDT	kucoin	BB	0.04576USDT	20,33%	844 222,81MLK	2 594	0.03803USDT	0.04732USDT
2	MLK-USDT MLK_USDT	gateio	A	0.04551USDT	19,14%	576 127,68MLK	1 668	0.03820USDT	0.04728USDT
3	MLK-USD MLK_USD	cryptodotcom	AA	0.04700USD	19,14%	130 874,00MLK	60	0.03945USD	0.04734USD
4	MLK-KRW KRW-MLK	upbit	B	61,00KRW	17,76%	224 628 983,02MLK	34 363	51,80KRW	64,30KRW
5	MLK-USDT mlkusdt	huobipro	C	0.04460USDT	16,15%	43 197 570,29MLK	30 120	0.03839USDT	0.05430USDT
6	MLK-KRW MLK_KRW	bithumbkorea	-	60,20KRW	16,15%	13 593 740,93MLK	3 851	51,83KRW	64,60KRW
7	MLK-KRW MLK_KRW	coinone	C	61,25KRW	18,47%	68 607,16MLK	134	51,70KRW	69,95KRW
8	MLK-BTC BTC-MLK	upbit	B	0.0₆4900BTC	6,52%	1 969,03MLK	5	0.0₆4600BTC	0.0₆5100BTC