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Mass Vehicle Ledger (MVL) is a protocol built on the Ethereum blockchain. Based in Korea, the platform intends to create a decentralized, blockchain-based mobility ecosystem.
The Mass Vehicle Ledger’s blog outlines that the project’s mission is to bring safety, lower fees and vehicle data to a public network that encompasses all forms of transport and vehicle maintenance. This will include ride-sharing, mechanic services, car rentals and car yards. By creating a public blockchain with this data feed, citizens will be able to avoid malicious payments, find good deals on used cars and fuel, avoid dangerous drivers and manoeuvre traffic accidents.
Mass Vehicle Ledger’s native token is MVL. This token is used to drive the system forward through incentive-based data collection. Those that contribute accurate information to the ecosystem will be rewarded with MVL tokens. The tokens can then be used to purchase data, pay for ads or be sold on a cryptocurrency exchange.
MVL (MVL) is in the top 1,000 cryptocurrencies in the world by market cap. The current price of MVL is $0.00848366, which is 0.001% lower than yesterday. Prices have ranged between $0.00872181 and $0.00745594 over the past 24 hours. All prices are listed in US dollars and accurate as of January 26, 2022 10:01 UTC.
| Coin symbol | MVL |
|---|---|
| Coin Marketcap | N/A |
| Total MVL supply | 30,000,000,000 |
| Current price | US$0.00848366 |
| Notable team members | Kay Kyeongsik Woo |
| Partnerships | OmiseGo |
| Industry | Mobility data |
| Token uses | Utility token |
| Network | Ethereum, Binance Chain |
Historical prices compared with the price of US$0.00848366.
| 1 hour | N/A |
|---|---|
| 24 hours | 0.00% |
| 7 days | 0.05% |
| 14 days | 9.26% |
| 30 days | -21.43% |
|---|---|
| 60 days | -22.23% |
| 200 days | -33.37% |
| 1 year | -48.48% |
Disclaimer: Cryptocurrencies, including MVL, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of MVL is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the MVL or any other cryptocurrency discussed.