MVL price is $0.00502920
| Market Rank | #376 |
|---|---|
| Market Cap | $ 124.0M |
| Volume 24h | $ 9.0M |
| Circ. Supply | 24.7B |
| Total Supply | 27.8B |
| Max Supply | 30.0B |
The current price of MVL is $ 0.00502920, after experiencing a -0.47% change in the past 24 hours. The trading volume over the same period was approximately 9.0M.
MVL (Mass Vehicle Ledger) is a blockchain-based ecosystem designed to collect lifetime data for all services related to a car. These services include car dealer shops, mechanic shops, car rental companies, etc. The data integrated into the blockchain encompasses all automobile-related details such as driving, traffic accidents, repairs, and every car-related transactions.
The specific creators of MVL have not been disclosed, but it was developed by the team at MVLchain.io. The project is primarily focused on revolutionizing the traditional car industry by influencing every touchpoint along a car's lifecycle and making it accessible through their blockchain-based platform.
The MVL ecosystem operates by connecting all relevant automobile-related services and promoting the insertion of important data relating to automobiles within the blockchain. This includes data from car dealer shops, mechanic shops, car rental companies, and any other service that contributes vital information about a vehicle's history and function.
On contributing data, participants receive MVL Points (MVP), a kind of reward system employed to inspire and motivate contribution towards the development and expansion of the ecosystem.
What sets MVL apart is its ability to aggregate all car-related data in one place. It takes a distributed and disorganized system and streamlines it into one, accessible and user-friendly database. This is not only a huge step in convenience, but it also adds huge value to customers. Now, they have easy access to vital information they need when purchasing or renting a car.
Moreover, MVL's reward system offers incentives to businesses and individuals alike. By rewarding contributors with MVP, it encourages a greater level of participation in the ecosystem. This makes it both a profitable and sustainable model for the car industry.
Given that MVL is a blockchain-based platform, it is protected using cryptographic functions, ensuring data integrity and security. By using distributed ledger technology, each transaction made on the network is transparent and cannot be altered or deleted, which also adds extra layers of protection.
As of now, there are about 24.7B MVL tokens in circulation. The total supply is approximately 27.8B MVL tokens.
MVL is currently available on various cryptocurrency exchanges including Huobi, UPbit, Poloniex, Liquid. Prospective buyers should always research and make sure to use a trustworthy and dependable exchange service.
Keeping your MVL tokens secure is of paramount importance. Always store them in a secure wallet where you control the private keys. Avoid sharing sensitive information, and remember, any reputable organization will never ask for your private keys.
Ethereum
Binance Smart Chain
Panda Dao
HTMoon FOMO
Deipool
Titan Hunters
BlowUP
Real Realm
Baby Yooshi
DAD
IoTeX
Decentraland
cDAI
Celo
Crypto.com Coin
eCash
The Sandbox
Chainlink
Omni Network
Parcl
Pepy coin
ZionWallet
degwefhat
Tombili the Fat Cat
ATC Launchpad
Crypto Valleys YIELD Token
Live Prices, Widgets, Alerts, Portfolio, Apple Watch app
