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MVL(MVL)

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$0.003598
(-8.82%)
0.00000005 BTC
Market Cap (Rank#392)
$89,774,136
1,360 BTC
Vol 24h
$402,572
6.099894 BTC
Circulating Supply
24,952,958,863.10
Max Supply
30,000,000,000

About MVL?

The live price of MVL (MVL) today is 0.003598 USD, and with the current circulating supply of MVL at 24,952,958,863.10 MVL, its market capitalization stands at 89,774,136 USD. In the last 24 hours MVL price has moved -0.000595 USD or -0.13% while 442,845 USD worth of MVL has been traded on various exchanges. The current valuation of MVL puts it at #392 in cryptocurrency rankings based on market capitalization.

Learn more about the MVL blockchain network and how it works or follow the price of its native cryptocurrency MVL and the broader market with our unique COIN360 cryptocurrency heatmap.

Introduction

MVL (Mass Vehicle Ledger) is a unique blockchain-based ecosystem designed to revolutionize the transportation industry. It aims to create a transparent and connected mobility ecosystem where all participants, including drivers, passengers, and service providers, can contribute to and benefit from the value they create.

Technology & Mechanism

Consensus Mechanism

MVL uses a Proof of Activity (PoA) consensus mechanism, which combines Proof of Work (PoW) and Proof of Stake (PoS) mechanisms. This hybrid model ensures a fair and transparent reward system for all participants in the MVL ecosystem.

Blockchain Technology

MVL operates on its own proprietary blockchain, designed to handle high-volume data from various mobility services efficiently. It uses smart contracts to automate transactions and ensure transparency and security.

Key Features

Scalability

MVL's blockchain is designed to handle a large number of transactions, making it highly scalable and suitable for the vast transportation industry.

Security

With its blockchain technology and smart contracts, MVL ensures secure transactions and protects users' data from potential threats.

Privacy

MVL respects users' privacy and only shares data with consent, ensuring users have control over their personal information.

Decentralization

MVL's decentralized nature allows all participants to contribute to and benefit from the ecosystem, promoting fairness and transparency.

Development Team & Governance

The MVL project is spearheaded by a team of experienced professionals in the fields of blockchain, mobility, and business development. The project operates under a decentralized governance model, with decisions made collectively by the community.

Use Cases & Potential Impact

MVL has the potential to disrupt the transportation industry by creating a transparent and connected ecosystem. It can be used in various mobility services, including ride-hailing, vehicle maintenance, and car rentals.

Purchase & Storage

How to Buy

MVL can be purchased on several cryptocurrency exchanges, including Binance and KuCoin. Users can trade other cryptocurrencies for MVL or buy it directly with fiat currencies on some exchanges.

Wallets & Storage

MVL can be stored in any wallet that supports ERC-20 tokens, including hardware wallets like Ledger and Trezor for maximum security.

Partnerships & Collaborations

MVL has partnered with various companies in the mobility industry to expand its ecosystem and enhance its services.

Roadmap

MVL's future plans include expanding its ecosystem to more countries and integrating more mobility services. It also plans to enhance its blockchain technology to handle more transactions and provide better services.

Risks & Challenges

Like any blockchain project, MVL faces potential risks and challenges, including regulatory uncertainties and technological hurdles. However, the team is committed to overcoming these challenges and achieving its vision.

Community & Regulatory Compliance

Community

MVL has a vibrant community of users, developers, and supporters who contribute to the project's development and promote its adoption.

Regulatory Compliance

MVL complies with all relevant regulations in the countries it operates in, ensuring its services are legal and safe for users.

In conclusion, MVL is a promising project that aims to revolutionize the transportation industry with its blockchain-based ecosystem. With its unique features and strong team, it has the potential to make a significant impact in the mobility sector.

MVL Price0.003598 USD
Market Rank#392
Market Cap89,774,136 USD
24h Volume402,572 USD
Circulating Supply24,952,958,863.10 MVL
Max Supply30,000,000,000 MVL
Yesterday's Market Cap96,813,112 USD
Yesterday's Open / Close0.004475 USD / 0.00388 USD
Yesterday's High / Low0.004543 USD / 0.003862 USD
Yesterday's Change
-0.13% ( 0.000595 USD )
Yesterday's Volume442,845.16 USD
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