LoungeM
LZM #3969Project Safety Score: 27%
Updated 5 hours, 48 minutes ago& Market
Credibility
Behavioral
Mechanics
Distribution
The Milk Alliance Project has two tokens: the platform main currency Milk Coin (MLK) and the membership token LoungeM (LZM).
MiL.k is a blockchain-based platform that integrates points from various services. MLK is used as a base currency for point exchange in the blockchain-based point integration platform Milk App. Users can integrate their unused points with MiL.k app and exchange to MLK for convert to mobile voucher or exchange to the other partner's points. Through the Milk platform, users can enjoy high utilization value of their points with discount benefits, and partners will get customer satisfaction and new user acquisition effects. As a result, Milk has expanded its partnership with the top-tier local platforms within two and a half years after its launch and has acquired over 1.3 million users.
LoungeM(LZM) is the "Membership token" that is the center of MiL.k's premium membership program. LZM is used to assign of membership grade assessments, and benefits based on grade of membership in MiL.k app. The membership token allows MiL.k users to have access to exclusive benefits and services, and the more tokens they hold, will assign higher grade of membership and the more benefits will receive.
Risk Report
Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.