2021-08-25 19:49:12
MILC in a nutshell Media Industry Licensing Content (MILC) is
‘tokenising the media industry’.
What does that mean?
MILC aims to completely change the way business is done in media. The current inefficient systems are raising costs by between 30-50% on licensing deals.
MILC aims to solve the following four fundamental issues to the global media industry;
Global availability of video content
Discovery process for buyers
Complex licensing
Timely audience feedback
By creating the MILC token and decentralised application, the team are building a bridge between the audience and the content creators, buyers & distributors. This will allow audiences to directly impact & receive benefits from the creation & distribution of new content.
Coindor initial thoughts
It is not often the Coindor team comes across something so unique. This project is designed from the ground up by media industry experts & has backing from big names. We’re very interested to see how they progress & how they evolve as they grow & gain adoption.
Website
Whitepaper
What are MILC doing differently? MILC are providing an open marketplace for both professional & non-professional content providers. They are incorporating cutting-edge broadcasting, blockchain & AI technology to achieve this.
The MILC marketplace includes the offering, marketing, rights management, contracting and the final delivery of the content in any format. MILC simplifies the process of license agreements, the path from content creator to buyer is now just a few clicks!
MILC will only take their 10% trade fee if a sale has been made & this is a much lower fee than would be available under any current system.
MILC believe they are TWO years ahead of any other platform aiming to compete.The MILC teamThe MILC team team are all publicly available, and active across LinkedIn.
CEO/Founder: Hendrik Hey
Final words from the team
‘We have an established network with all globally leading content providers, TV stations and other media platforms and positioned ourself in the center of the professional media industry. The many years of experience in international license sales and the knowledge of the needs of content producers and customers build the basis of the sales processes depicted in the MILC platform’.
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