Mass Vehicle Ledger (MVL) is a blockchain-based ecosystem for the automotive industry. More
Fully Diluted Valuation | $83.06M |
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24H Trading Volume | $625,531 |
24H Low / High | $0.00 / $ 0.00 |
Circulating Supply | 27.20B |
Total Supply | 27.80B |
Max Supply | 30.00B |
Categories | Internet of Things (IOT) 4 more |
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Founder | Kay Woo 2 more |
Website | mvlchain.io Whitepaper |
Socials | 4 more |
Chains |
Ethereum Ecosystem
2 more
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Explorer | Tonviewer 6 more |
Contracts |
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Name | Pair | OG Score |
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Mass Vehicle Ledger (MVL) is a blockchain system designed to improve the automotive industry by making data exchange transparent and fair. It combines all mobility-related services into one platform.
The MVL Ecosystem
MVL allows users to record all activities related to a vehicle throughout its lifetime, ensuring data remains secure and tamper-proof. Vehicle owners control their data, shifting power from centralized services to individuals. This system ensures that data is reliably shared among various participants in the automotive market.
Participant Contributions
Different users, such as used car dealers, self-driving car manufacturers, and insurance companies, contribute valuable data on vehicle management, driving, repairs, and more. Contributors earn MVL points (MVPs) for their data, promoting active participation. MVPs can be exchanged for MVL tokens.
MVL Tokens and Uses
MVL tokens are the cryptocurrency of the MVL ecosystem. They reward those who manage and record vehicle data on the blockchain. These tokens can be used for trading goods and services within the ecosystem, such as car-sharing services, vehicle parts, repairs, gas, and new vehicles. All transactions are carried out by licensed traders within the MVL platform.
Team and Token Supply
The MVL team includes CEO Kay Woo, CTO Jaehwa Han, CSO Woosung Son, and engineers Myunkyu Park, Jineok Kim, and Jiwoong Park. The total supply of MVL tokens is thirty billion, with the whitepaper published in January 2021.
Mass Vehicle Ledger (MVL) uniquely leverages blockchain technology to ensure transparent and tamper-proof vehicle data management, allowing users to control and exchange mobility data at fair value.
The founders of Mass Vehicle Ledger (MVL) include CEO Kay Woo, CTO Jaehwa Han, and CSO Woosung Son.
You can buy MVL (MVL) on Bybit, Gate.io, HTX, Upbit, Bithumb cryptocurrency exchanges.
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