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What is MVL coin and how does it work?

by Financial Economy

MVL is a blockchain mobility ecosystem where mobility data of all participants is exchanged at fair value in a transparent manner and all mobility related services are combined under one roof. MVL’s mobility service such as TADA, ride-hailing service and TADA delivery is already operated in Singapore, Vietnam, Cambodia and has 1 million Southeast Asian users. Detailed information about MVL coin, how does it work, how much is the price, where to buy, etc. is in the continuation of the content. Information about Ontology Gas coin (ONG) you can browse here.

What is MVL coin and how does it work?

Incentive-based blockchain mobility MVL Ecosystem (mvlchain.io) connects all mobility-related services to collect lifetime data of mobility units such as vehicles. The MVL Ecosystem provides incentives to those who save data on the blockchain. It benefits the contributors that nurture this ecosystem. Existing centralized online platforms take player-issued data to deliver high returns to stakeholders and company owners. However, the MVL Ecosystem provides high returns to its participants. This motivates active data logging. Rewards will be awarded in the form of MVL Points that can be converted into MVL tokens.

MVL Coin, the cryptocurrency used in the ecosystem, can be used if participants want to exchange goods or access mobility data. This ecosystem relies on transparent data to fuel trust-based interaction between its participants and businesses. So blockchain is really important here.

How to buy MVL coins? How much is the MVL token price?

MVL coin can be purchased from the listed cryptocurrency exchanges. But it is necessary to make sure that the exchange is reliable. As of October 11, 2021, the price of 1 MVL coin is around $0.016. The circulating supply of MVL coin is 13,256,778,589 units, and the total supply is 30,000,000,000 units.

Caution: The information contained in this content is for informational purposes only. It is not investment advice.

For information about crypto currency: https://en.wikipedia.org/wiki/Cryptocurrency

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