Milk Partners, Strategic Partnership with SK Planet’s Blockchain Platform, ‘UPTN’

Milk Partners, Strategic Partnership with SK Planet’s Blockchain Platform, ‘UPTN’

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  • Co-development of “The Web 3.0 Ecosystem and Blockchain Business”

  • MiL.k and SK Planet have decided to co-develop SK Planet’s blockchain platform, UPTN, and Web 3.0 ecosystem

  • The parent company of Milk Partners, ‘Keyinside’ participated as a co-developer of the ‘UPTN’ platform.

  • Co-marketing activities will be promoted for the point exchange service between MiL.k and OK Cashback points, and activation of OK Cashback’s NFT membership.

SEOUL, South Korea, 8 June 2023 /PRNewswire/ — On June 9thMilk Partners Co., Ltd. (CEO, Jungmin Cho), which operates the blockchain-based point integration platform ‘MiL.k’, announced that it has entered into a strategic partnership with SK Planet (CEO, Hansang Lee) for all direct collaboration in the web 3.0 ecosystem and the blockchain.

Milk Partners, strategic partnership with SK Planet 'UPTN'

Milk Partners, strategic partnership with SK Planet ‘UPTN’

Thanks to this partnership, the relationship between the companies is now solidly based on trust. The parent company of milk partners, ‘Keyinside,’ has participated in the entire project development process, including business consultation and technological development, as a co-developer of the blockchain platform ‘UPTN’ from SK Planets. SK Planet’s own platform, UPTN, is built on the main global network, the Avalanche subnet, which debuted its first project as a membership NFT for OK Cashback, and it recently released its own wallet.

The two companies held a partnership ceremony at SK Planet’s office building in Pan-gyo and pledged to cooperate for the development of Web 3.0 and the blockchain business using their respective unique infrastructure and technology.

Firstly, both companies will collaborate on co-marketing activities to revitalize OK Cashback’s NFT project “Road to Rich”, which was recently introduced by SK Planet. The Road to Rich event will be available on the MiL.k app during this month.

See also  Founder of Orange Telecom and former chairman of Glencore joins Inery Blockchain as chairman.

By the end of this year, it also aims to complete the link between MiL.k and OK Cashback to offer point exchange services to the users of both companies.

CEO of Milk Partners Jungmin Cho stated, “I have high expectations for the synergy that the two companies will create in the future when we participate as major partners in blockchain projects promoted by major companies,” and added, “We will work together to provide more beneficial and beneficial services to customers .

Head of SK Planet’s CX business division, Gyosu Kim, said: “We will create synergy with Milk Partners through business cooperation in the web3 sector, starting with the recently launched OK Cashback NFT membership.” “SK Planet will create the UPTN ecosystem that offers various services including shopping, membership and ticket to continuously provide a wide range of service experiences to users.”

Cision

Cision

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SOURCE Milk partners

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