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

March 3, 2025
in Crypto/Coins
Reading Time: 2 mins read
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– MiL.okay determined to onboard on Arbitrum for accelerating its international enterprise enlargement– Arbitrum is the main Ethereum layer 2 answer for varied dApps and Web3 initiatives– Anticipated for the energetic collaboration with the Arbitrum ecosystem to strengthen partnerships with international blockchain initiatives 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 develop its international 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 international blockchain ecosystem.

MiL.okay is a DApp that helps the mixing and trade of reward factors from varied service firms. By fixing the difficulties arising from completely different database and insurance policies for every firm with blockchain expertise, 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 similar to AirAsia (international 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).

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

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

Jayden Jo, CEO of Milk Companions, said, “This migration is a strategic determination that can speed up MiL.okay’s international enlargement, going past a mere transition of the mainnet. Via the collaboration with Arbitrum, the positioning of the MiL.okay shall be a number one international web3 undertaking.”

In the meantime, even after migrating to the Arbitrum, MiL.okay will keep 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: ArbitrumBusinessExpansionfullscaleGlobalmigratesMiL.kWeb3
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