– MiL.okay determined to onboard on Arbitrum for accelerating its world 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 world 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 broaden 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 corporations. 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 customary of level utilization, revolutionizing the market. MiL.okay has quickly grown by establishing a loyalty ecosystem in collaboration with main home and worldwide service corporations 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 numerous net 3 partnerships inside the Arbitrum ecosystem and world service corporations. Arbitrum is the consultant Ethereum Layer 2 answer which affords the very 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 world affect, MiL.okay will speed up the worldwide enterprise growth and market penetration by way of advertising collaborations with varied initiatives.
Each events are planning to actively broaden 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 enterprise.
Jayden Jo, CEO of Milk Companions, said, “This migration is a strategic resolution that can speed up MiL.okay’s world enlargement, 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 mission.”
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 corporations have agreed to actively cooperate to boost secure blockchain infrastructure and providers.