MiL.k, a blockchain points aggregation platform with over 1.5 million users, recently announced that its ecological migration to the Layer 2 network Arbitrum has been fully completed, marking a new stage in the platforms global Web3 ecological construction. As a pioneer in connecting traditional loyalty systems with decentralized infrastructure, MiL.k can convert physical points in industries such as aviation, retail, and tourism into native tokens such as Milk Coin (MLK) through a points tokenization model, creating real-time liquidity value for users.
This Web2 to Web3 bridging model has led MiL.k to establish strategic partnerships with major conglomerates such as AirAsia, OK Cashbag (a points service platform operated by SK Group, South Korea’s second largest group) and L.Point (a points service platform operated by Lotte Group), as well as NOL, South Korea’s largest online travel agency. These integrations are not simple brand linkages - users actively redeem and exchange points through MiL.k’s mobile app, which has become a popular lifestyle app in South Korea. Services such as using AirAsia miles to book flights or exchanging offline retail points for MLK for real-time liquidity are already online and usage continues to grow. Thanks to MiL.k’s ease of use and the rewards users receive by integrating previously siloed point assets, the platform’s monthly active users continue to climb.
The migration has achieved remarkable results: 80,000+ wallets have migrated to Arbitrum, with a monthly transaction volume of up to $450,000
Since its official migration to Arbitrum, MiL.k has gained momentum across the Layer 2 ecosystem. Over 80,000 users have successfully transitioned their MLK assets to the Arbitrum network, marking a significant shift in MiL.k’s technical and strategic direction. According to DappRadar as of May 14, MiL.k ranks third among decentralized applications on the Arbitrum chain, a significant milestone achieved in just five weeks after the migration on April 10.
In addition to on-chain trading, MiL.k has launched its first decentralized trading pool on Camelot, the leading DEX native to Arbitrum, with the MLK-ETH trading pair having a trading volume of over $450,000. The project has also partnered with Galxe, a Web3 platform with over 33 million users, to onboard thousands of new global participants through its post-migration exploration activities.
These developments reflect MiL.k’s growing role as a gateway between mainstream consumers and emerging blockchain infrastructure. Rather than focusing exclusively on a crypto-native audience, MiL.k leverages its real-world utility and enterprise partnerships to attract a wider audience to the Web3 ecosystem. This approach has led to steady growth in user numbers, with MiL.k attracting retail users from its Korean mobile services, as well as a growing international user base that participates through incentive campaigns and liquidity events.
This migration verifies the scalability of point assets in the decentralized economy, said a MiL.k spokesperson. At this stage, we will focus on promoting the integration of MLK in DeFi, task incentives, and community-driven applications, and building a point economy system that is deeply integrated with the digital lifestyle.
Cross-border ecological layout: Web3 breakthrough practice with 1.5 million users
Currently, MiL.k has formed a two-wheel drive development pattern: relying on the advantages of local Korean resources, it continues to access users of leading mobile service providers; and through liquidity incentives and global operations, it builds an international user community. Platform data shows that its user profile is extending from the native cryptocurrency group to a wider consumer group.
Industry observers pointed out that MiL.ks unique physical points + on-chain assets model provides a low-threshold solution for traditional enterprises to enter Web3. With the efficiency improvement brought by Arbitrums technical architecture, the platform is expected to expand more application possibilities in scenarios such as cross-border payments and digital identity authentication.
About MiL.k
MiL.k is a Korean blockchain points aggregation platform that uses the native token MLK to achieve mutual recognition of points in the fields of tourism, retail, and life services. The project realizes the seamless exchange and integration of reward points between service providers, providing users with real value and liquidity. MiL.k has established cooperation with many leading Asian companies and recently completed a strategic migration to the Arbitrum ecosystem, committed to building an open points economy network in the Web3 era.
