Media Licensing TokenPrice(MLT)
Details Media Licensing Token (MLT) Price information (USD)
The current real-time price of MLT is $0.0195. In the past 24 hours, MLT has traded between $0.0194 and $0.0207, showing strong market activity. The all-time high of MLT is $0.7288, and the all-time low is $0.0055.
From a short-term perspective, the price change of MLT over the past 1 hour is
Media Licensing Token (MLT) Market Information
Media Licensing Token (MLT) Today's Price
The live price of MLT today is $0.0195, with a current market cap of $2.858M. The 24-hour trading volume is 7K. The price of MLT to USD is updated in real time.
Media Licensing Token (MLT) Price History (USD)
What is MEDIA LICENSING TOKEN (MLT)?
When is the right time to buy MLT? Should I buy or sell MLT now?
Before deciding whether to buy or sell MLT, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s MLT technical analysis can provide you with trading references.
Future price trend of MLT
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for MLT.
How much will MLT be worth tomorrow, next week, or next month in ? What about your MLT assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! MLT Price Prediction
How to buy MEDIA LICENSING TOKEN (MLT)
Convert MLT to local currency
MLT Resources
To learn more about MLT, consider exploring other resources such as the whitepaper, official website, and other published information:
Official MLT website
Blockchain explorer
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
binance-smart-chain | 0xcdcc...b013e1  | 92.913M | 23.23% |
ethereum | 0x533e...ff9648 | 83.900M | 20.98% |
binance-smart-chain | 0x4982...6e89cb | 43.511M | 10.88% |
ethereum | 0x262f...901974 | 23.189M | 5.8% |
ethereum | 0xd507...27714a | 8.000M | 2% |
Other | 148.484M | 37.12% |
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MEDIA LICENSING TOKEN (MLT) FAQ
What is the primary utility and vision behind the Media Licensing Token (MLT)?
MLT functions as a "contract-signing" currency designed to revolutionize media licensing. It replaces traditional, slow legal and notary processes by allowing users to purchase licenses for movies, TV shows, music, and games via smart contracts. Additionally, it provides governance rights, grants access to the MILC Metaverse, and serves as the primary medium for content crowdfunding, bridging the gap between creators and their audience.
How does the MILC Platform solve the problem of expensive intermediaries in the media industry?
In the traditional media landscape, distribution agents often charge commissions ranging from 30% to 50%. MILC uses blockchain technology to eliminate these middlemen, allowing content producers to sell directly to broadcasters or fans. By removing these intermediaries, the platform significantly reduces fees and ensures that creators retain a larger share of their earnings while providing more direct access for buyers.
What mechanisms are in place for MLT token burns and buybacks?
MLT features a 0.5% token burn for every transaction to manage the ecosystem. Furthermore, the project employs a buyback model where FIAT payments made by traditional media companies on the platform are used to purchase MLT back from the market. This mechanism bridges the gap between the traditional media industry and the Web3 ecosystem, utilizing real-world revenue to support the token's economy.
How can users earn rewards or passive income through the MILC ecosystem?
Users can participate in native staking by locking their MLT tokens to earn rewards. The platform also features an ActivityPoint and Reward Program, which is designed to share revenue generated within the MILC Metaverse with active users and token holders. This incentivizes community engagement and rewards those who contribute to the growth of the virtual media environment.
What should users know about the MLT token migration and supported networks?
Following a network exploit in late 2023, MILC migrated to a new BEP20 smart contract. Users with old tokens can utilize the project’s claiming portal to swap for the new version at a 1:1 ratio. MLT is a multi-chain token available on both Ethereum (ERC-20) and BNB Smart Chain (BEP-20). For those looking to trade or manage their tokens, MLT is supported on major platforms such as LBank.
Who are the key figures and partners behind the MILC project?
The project is led by Hendrik Hey, a well-known media personality, and is backed by the German media house Welt der Wunder TV. MILC boasts strong industry credibility with partnerships including Swiss TV (SRF/SwissTXT), Fashion TV, and the Playhuman Group. They also collaborate with major film festivals like Cannes to host virtual screenings, leveraging a massive existing media library to fuel their Metaverse development.
