MVL is a groundbreaking Web3 mobility ecosystem that focuses on Decentralized Physical Infrastructure Networks (DePIN) and Real-World Assets (RWA). Since its inception in 2018, MVL has been at the forefront of data-driven innovation in the mobility sector, operating real-world services in Southeast Asia. Notably, MVL runs TADA, Singapore’s second-largest ride-hailing platform, and ONiON Mobility, an electric vehicle (EV) manufacturing and energy infrastructure company. MVL’s transparent and equitable token incentives motivate drivers and riders to contribute valuable data and remain active within the ecosystem.
Learn More -> https://mvlchain.io/
The MVL DePIN Platform
MVL’s DePIN platform serves as an extensive mobility data network, integrating vehicle, mobility, and energy networks:
- Mobility Network: Real-time data, heatmaps, and trends sourced from TADA users across Southeast Asia.
- Vehicle Network: Detailed driving distance and location data 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 to Earn MVL Tokens
Participants in the MVL ecosystem, including users of TADA and ONiON EV services, can earn MVL tokens based on their engagement and activity within the platform.
- TADA Ride-Hailing: Both drivers and riders using the TADA app can earn MVL tokens.
- ONiON EV Users: Users of ONiON EVs, such as E-Tuk Tuks and E-bikes, can also accumulate MVL tokens through their usage.
To further enhance rewards and expand participation, MVL has introduced the MVL-Fi initiative. This program leverages profits from MVL’s real-world businesses to support token buybacks and launch staking initiatives, creating a value-sharing ecosystem.
- MVL-Fi Staking: MVL token holders can increase their holdings by staking on MVLBridge, a DeFi platform supporting staking on Ethereum and BNB Smart Chain.
Geographical Availability
- MVL-Fi: There are no geographical restrictions for participating in MVL-Fi.
- Mobility Services: MVL’s mobility services are available in Singapore, Vietnam, Cambodia, and Thailand.
How to Engage with the MVL Network
- Mobility Users: Engage by using TADA ride-hailing services or driving/riding ONiON EVs.
- Crypto Users: Purchase MVL tokens from exchanges such as Bybit, HTX, Gate.io, Bitget, Upbit, and Gopax, and stake them on MVLBridge.
Network Governance
The MVL network is governed by the MVL Foundation, which manages network operations, rewards, and governance. $MVL token holders also play a role in decision-making, influencing network upgrades and future developments through voting, facilitated by Snapshot.