MVL

What is this network?

MVL is a Web3 mobility ecosystem focused on DePIN and RWA, aiming to drive data-driven innovations in the mobility sector. Since 2018, MVL has been operating real-world mobility services in Southeast Asia, including TADA, Singapore's 2nd largest ride-hailing platform, and ONiON Mobility, an EV manufacturing and energy infrastructure company. By offering transparent and fair token incentives, MVL encourages drivers and riders to contribute their data and stay engaged in the ecosystem.

MVL’s DePIN platform is a comprehensive mobility data network, encompassing vehicle, mobility, and energy networks:

Mobility Network: Real-time mobility data, heatmaps, and trends gathered from TADA users across Southeast Asia. Vehicle Network: Detailed data on driving distance and location sourced from over 700 connected electric vehicles and bikes managed by ONiON Mobility. Energy Network: Comprehensive data collected from 16 ONiON Mobility EV charging stations.

How can I mine tokens?

MVL tokens are awarded to participants across the MVL ecosystem, including users of TADA ride-hailing services and drivers and riders of ONiON EV Tuk Tuks and E-bikes, based on their engagement and participation data.

Mobility service users:

TADA ride hailing: Users can earn MVL tokens by using TADA app, available to both drivers and riders. ONiON EV: Users of ONiON EV vehicles, including E-Tuk Tuks and E-bikes, can also earn MVL tokens based on their usage.

Additionally, MVL has introduced MVL-Fi initiative to enhance incentive rewards and offer crypto users more ways to participate in the ecosystem. The MVL-Fi initiative leverages profits from its real-world businesses to conduct token buyback programs and launch staking initiatives, thereby facilitating a value-sharing mobility ecosystem.

MVL token holders and crypto users: MVL-Fi: Holders of MVL tokens can increase their holdings by staking them on MVLBridge, a DeFi platform by MVL supporting staking on Ethereum and BNB Smart Chain.

Any geographical restrictions?

There are no geographical restrictions for MVL-Fi users.

For mobility users, MVL’s mobility services are accessible in several Southeast Asian nations, including Singapore, Vietnam, Cambodia, and Thailand.

How can I use the network?

Mobility users can participate in the network by engaging in the MVL ecosystem, such as driving or riding with TADA ride-hailing services, or driving and riding ONiON EV vehicles. The MVL token is listed on numerous global exchanges, including Bybit, HTX, Gate.io, and Bitget, as well as Korean markets Upbit and Gopax. Crypto users can purchase tokens from these exchanges and stake them on MVLBridge.

Who governs this network?

The MVL network consists of two main entities: The MVL Foundation oversees network governance, rewards, and other operational aspects. $MVL holders also influence the network's upgrades and future directions through voting. MVL governance utilizes Snapshot for governance purposes.