{
  "url": "https://blockindex.ai/coin/mlk",
  "name": "MiL.k",
  "links": {
    "github": null,
    "website": "https://milk.com/",
    "whitepaper": null
  },
  "dScore": 25,
  "market": {
    "priceUsd": 0.035539151582851036,
    "marketCapUsd": 19764927.106529478,
    "volume24hUsd": 3204455.48961829,
    "priceChange7dPct": -5.1588375,
    "priceChange24hPct": -2.43269368
  },
  "source": "BlockIndex.AI",
  "supply": {
    "max": 986245419,
    "circulating": 556145158.9651,
    "circulatingPct": 56.39013862584036
  },
  "ticker": "MLK",
  "founder": "Jung-min Cho, Rooney Jung, Woo Shawn, Mazdack Rassi",
  "vcFunded": false,
  "updatedAt": "2026-06-19T06:00:18.452005+00:00",
  "fairLaunch": false,
  "launchYear": null,
  "description": "MiL.k (MLK) is a utility tokenfocused on enabling interoperability between loyalty and rewards programs, primarily targeting travel, leisure, and lifestyle verticals. The project's core proposition is to allow users to convert legacy loyalty points from participating service companies into a single ledger-backed medium (MLK) which can then be spent, exchanged, or settled across a network of partners. The available materials emphasize an integration-first approach, with APIs used to onboard merchants and smart contracts employed to automate conversion, settlement and accountability: this combination is positioned to improve auditability, reduce reconciliation friction and to enable cross-company commerce within fragmented loyalty ecosystems.\n\nFrom a technical and deployment perspective, MLK is an ERC-20 style token deployed on Arbitrum (the project materials include a DEX Mode contract link referencing Arbitrum). The provided sources focus on token-level functionality (smart contracts, merchant APIs and settlement flows) rather than an independent protocol stack; therefore there is no standalone mainnet or validator network to profile for MLK itself. The token is tracked on mainstream market data platforms (CoinMarketCap, CoinGecko, CryptoCompare), and market snapshots in the supplied files include circulating and max supply figures as well as price, market cap and 24‑hour volume snapshots. The documentation excerpts do not include protocol-level telemetry (block timing, TPS or node counts) because the token inherits execution and consensus from its parent chain (Arbitrum / Ethereum).\n\nMLK’s principal real-world use case is to act as the settlement currency and medium of exchange inside a loyalty-point marketplace: partners convert program-specific reward points into MLK, which can then be moved between accounts, redeemed, or exchanged among participants. This design is intended to increase the fungibility and liquidity of previously siloed reward balances and to enable new commerce opportunities across participating merchants (hotel groups, airlines, regional partners). The supplied materials reference a number of strategic partnerships and regional integrations that are consistent with this approach (e.g., Asia-Pacific partnerships and mileage/exchange tie-ins) and highlight a partnership-driven adoption strategy rather than a purely DeFi-native product roadmap.\n\nTokenomics in the supplied data are summarized with explicit supply metrics: a max/total supply of roughly 986.24M MLK and a circulating supply of ~519.83M MLK (≈52.71% of max supply) based on CoinMarketCap snapshots included in the sources. There is no explicit premine or PIP percentage disclosed in the provided documents, and no token allocation table was present in the scraped excerpts; therefore allocation, vesting or treasury schedules remain unspecified and would require further on-chain / project disclosures to validate. Governance and organizational information in the aggregated sources is limited: the project is referenced in organizational terms (MiL.k Alliance) and specific founders are named in the extraction, but there is no clear evidence of on-chain DAO governance or a public CEO designation in the supplied materials. For deeper on-chain transparency and distribution details, a targeted audit of the smart contract and official tokenomics documentation is recommended.\n\nDevelopment and ecosystem notes drawn from the supplied files highlight exchange listings (tier‑1 centralized exchanges referenced) and selective hardware wallet support (Ledger). The event and partnership extracts list several strategic partnerships and listing events, though many are not timestamped in the provided data. Overall, the combined source materials paint MLK as a utility token focused on real-world loyalty use-cases with integration and business partnerships at the center of growth strategy; key gaps remain in public technical disclosures (contract-level tokenomics details, deploy/launch date, dedicated explorer evidence) that should be addressed via primary project sources for full due-diligence and DSCORE calculations.",
  "methodology": "https://blockindex.ai/dscore",
  "classification": {
    "layer": "Layer 2",
    "isToken": true,
    "consensus": "PoS",
    "parentChain": "ETH"
  },
  "dScoreComponents": {
    "autonomy": 0,
    "ageHistory": 9,
    "governance": 16,
    "nodeDistribution": 0,
    "initialDistribution": 0
  },
  "decentralizationVerdict": "Centralized Leaning"
}