7. TOKEN ECONOMY

MILO, which is used as a key token on the blockchain-based MILO platform, is a utility token that supports the ecosystem and is used as a means of payment and rewards in various usage environments and services. You can also receive additional benefits such as reduced fees and additional rewards depending on the amount of MILO you have.

Token purchase: To use the service provided by the MILO platform, users can buy coins directly in the platform itself or through MILO-listed exchanges.

Participation in the ecosystem: Users who participate within the MILO ecosystem can participate in the ecosystem by purchasing paid services provided in the MILO platform and participating in events provided within the platform, which provides rewards for ecosystem contributions.

NFT transactions : NFT acquired through purchase or event in the MILO platform can be traded on in OpenSea market, through which additional MILO can be obtained. The status of the NFTs can be checked by Metamask that the user has connected with.

Transition to Reward Point: Participants in the MILO ecosystem can register their reward points in other platforms and switch to MILO through Point Exchange or switch to reward points that can be used in partner platforms.

Reward points exchange fee: The exchange fee is 1.5%, and to prevent abuse of the Swap System, the exchangeable points are limited to 1,000,000 points per transaction and 5,000,000 points per day.

Utilizing cryptocurrency exchanges: Participants within the ecosystem with MILO can utilize listed exchanges for additional investment management. This allows them to expect additional revenue generation and to re-engage with the MILO ecosystem through the revenue obtained from it.