MVL MVL

1. Summary

Ranks

Liquidity

94

Developer

27

Social

81

Momentum (beta)

94

Stack Rank™

63

Price

$0.004182360000 +3.4%

Market Cap

$105.06M (#385)

Supply

25.10B / 27.80B

Tags

Binance Smart Chain Ecosystem Internet of Things (IOT) Protocol Ethereum Ecosystem BNB Chain Ecosystem DePIN DWF Labs Portfolio

More Metrics

Price
52W High price	$0.007884784100
52W High date	27th Mar 2024 (4 months ago)
All Time High (ATH) Date	2nd Apr 2021 (3 years ago)
ATH Price	$0.07
% From ATH	-94.01%
All Time Low (ATL) Date	13th Mar 2020 (4 years ago)
ATL Price	$0.000146600000
% From ATL	2750.03%

Supply & Trading Volume
Trading Volume (24h)	$5.64M
Total Supply	27.80B
Max Supply	30.00B
Circulating Supply	25.10B

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Description

MVL: Blockchain Mobility Ecosystem

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MVL: Blockchain Mobility Ecosystem

MVL is a blockchain-based ecosystem that connects various automobile-related services, such as car dealerships, mechanic shops, and car rental companies, to collect a car's lifetime data. This platform is designed to facilitate the transparent and fair exchange of mobility data among participants.

Key Components

Data Contribution

Participants from the automobile industry contribute data related to driving, traffic accidents, repairs, and other car-related transactions to the blockchain. In return, they are rewarded with MVL Points (MVP), a system that incentivizes contributions to the ecosystem.

Blockchain Infrastructure

MVL leverages blockchain technology to seamlessly connect the virtual and real worlds, driving new innovations in mobility. The platform includes infrastructure like the MVL Blockchain, which connects mobility services to Web 3.0, and the Decentralized Physical Mobility Infrastructure Network (MVL DePIN), which accumulates data on vehicles, batteries, charging stations, and ride-sharing services.

Incentives and Rewards

The MVL Mobility Incentive Protocol measures contributors' input and rewards them with MVL tokens proportional to their contributions. The protocol ensures these tokens are secured based on actual revenue generated from MVL's mobility businesses.

Cryptocurrency Wallet

The Clutch wallet is an official cryptocurrency wallet designed for participants in the MVL Web 3.0 ecosystem. It allows users to manage, store, and utilize incentives and rewards earned from their contributions.

Additional Services

MVL offers a token bridge service (MVL Fi) to enable users to trade and utilize MVL tokens with lower fees. It also operates a staking service to distribute benefits to on-chain participants.

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