MiL.k Partners and Stage Five Establish Joint Venture “The Miles” to Launch MiL.k Reward-Based Mobile Plan in Q1
- Launch of branded mobile service company The Miles, accelerating expansion of the real-world blockchain ecosystem by encompassing telecom sector.
- The Miles enables brands to operate optimized, dedicated telecom services for their own customers
- MiL.k-exclusive mobile plan to launch in Q1, introducing a data-savings reward model
- Unused data convertible into MiL.k Coin (MLK) and redeemable for NOL Coin, OK Cashbag, etc.
Milk Partners, operator of the blockchain-based point integration platform MiL.k, announced on the 11th that it has established a new brand-dedicated telecom service company, The Miles, and will begin offering differentiated mobile services.
The Miles is a joint venture formed by Key Inside, the parent company of MiL.k Partners, and Stage Five, a leading technology-driven MVNO operator in Korea that runs the Pindirect brand. The joint entity consolidates the technical capabilities of both companies to enable brands to directly operate and offer customized telecom services for their own customers—without the need to build complex telecom infrastructure.
As its first offering, The Miles plans to officially launch a MiL.k-exclusive mobile plan in the first quarter of this year. The new plan introduces an innovative structure that rewards users for saving mobile data, returning tangible benefits based on actual data conservation. By linking data-saving behavior with real rewards, the model is expected to appeal to users who prioritize efficiency and rational spending.
A key feature of the Milk-exclusive plan is the conversion of unused data into Milk Coin (MLK). Users can convert MLK via the MiL.k app into partner points such as NOL Coin, OK Cashbag, and Lotte L.Point, redeem them for everyday purchases, or transfer them to digital asset exchanges for cash conversion.
Cho Jung-min, CEO of Milk Partners, commented: “The MiL.k-exclusive mobile plan connects users’ data-saving behavior directly to meaningful rewards, maximizing telecom cost savings through a differentiated structure. We aim to build a telecom ecosystem that delivers tangible value in everyday life, while expanding the use cases of Milk Coin and strengthening the overall Milk ecosystem.”
Meanwhile, Milk Partners has successfully built a loyalty integration platform in collaboration with major brands such as SK OK Cashbag, Lotte L.Point, CU, Megabox, and NOL, and continues to develop partnership models that bridge Web2 enterprises and users with Web3 ecosystems.
