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MiL.k migrates to Arbitrum for the full-scale expansion of global web3 business – Crypto-News.net

2 March 2025
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– MiL.okay determined to onboard on Arbitrum for accelerating its world enterprise growth– Arbitrum is the main Ethereum layer 2 answer for varied dApps and Web3 tasks– Anticipated for the energetic collaboration with the Arbitrum ecosystem to strengthen partnerships with world blockchain tasks primarily in Asia

SEOUL, South Korea, March 1, 2025 /PRNewswire/ — Milk Companions (CEO Jayden Jo), which operates the blockchain-based loyalty integration platform MiL.okay, introduced on the twenty seventh that it plans emigrate to Arbitrum, the world’s largest Ethereum Layer 2, to increase its world Web3 ecosystem.

MiL.okay made the choice to maneuver their mainnet from the Luniverse chain to Arbitrum One Chain to safe infrastructure optimized for the Web3 enterprise within the fast-changing market and strengthen partnerships within the world blockchain ecosystem.

MiL.okay is a DApp that helps the mixing and alternate of reward factors from varied service firms. By fixing the difficulties arising from completely different database and insurance policies for every firm with blockchain know-how, it has launched a brand new commonplace of level utilization, revolutionizing the market. MiL.okay has quickly grown by establishing a loyalty ecosystem in collaboration with main home and worldwide service firms equivalent to AirAsia (world airline), Yanolja (No.1 on-line journey company in Korea), OK Cashback (loyalty system of SK Group, the second largest group in Korea), Lotte L-Level (loyalty system of Lotte Group), CU (market No.1 comfort retailer in Korea), and Megabox (prime multiplex in Korea).

By means of the Arbitrum migration, MiL.okay plans to solidify its world presence by actively pursuing various net 3 partnerships inside the Arbitrum ecosystem and world service firms. Arbitrum is the consultant Ethereum Layer 2 answer which affords the very best scalability to greater than 1,000 tasks, together with 420 DeFi tasks, 33 AI & Depin tasks, and 63 gaming tasks. By leveraging Arbitrum’s technological strengths and world affect, MiL.okay will speed up the worldwide enterprise improvement and market penetration by way of advertising and marketing collaborations with varied tasks.

Each events are planning to actively increase world enterprise collectively based mostly on the 1.5 million DApp customers of MiL.okay and the technical experience and community of the Arbitrum Basis. Specifically, to strengthen the presence in world markets primarily in Asia, each events plan to provoke varied Web3-based advertising and marketing and enterprise.

Jayden Jo, CEO of Milk Companions, acknowledged, “This migration is a strategic resolution that can speed up MiL.okay’s world growth, going past a mere transition of the mainnet. By means of the collaboration with Arbitrum, the positioning of the MiL.okay will likely be a number one world web3 venture.”

In the meantime, even after migrating to the Arbitrum, MiL.okay will preserve and strengthen its shut collaboration with ‘Lamda 256’ working firm of the Luniverse chain. Each firms have agreed to actively cooperate to boost secure blockchain infrastructure and companies.

 



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Tags: ArbitrumBusinessCryptoNews.netExpansionfullscaleGlobalMigratesMiL.kWeb3
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