MVL
MVL
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MVL Token allocation
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MVL Info
MVL Intro
It is a blockchain-based ecosystem that connects all services, like the car dealer shops, mechanic shops and car rental companies, that touch your car to collect its lifetime data.
Participants from automobile-related companies, services or trade industry will be connected and they will insert core data related to driving, traffic accidents, repairs and other car-related transactions into the blockchain.
Participants who provide data related to automobile will receive MVL Point (MVP), a reward system used to encourage contribution to the ecosystem.
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MVL Token allocation
Q&A about MVL Tokenomics
Explore the tokenomics of MVL(MVL) and review the project details below.
What is the allocation for MVL(MVL)?
Tokens are issued to encourage participants to submit accurate data of driving, repairs, registration and other vehicle-relatedinformation, using Ethereum. A total of 30 bilion MVL tokens willbe issued. There will be a private, pre-sale and main sale thatalows participants to purchase and get various awards accordingly. The exchange rate of each coin will be announced before thetoken is issued via our official communication channels, A total of 29 percent will be given to those who participate in this tokenissue event. Once the MVL mainnet is ready, 16 percent of the total issued VL Coins will be injected into MVL Pool for point tocoin exchange over a time span of 10 years. A part of the coins wil also be used for partnership with vehicle services, marketingand promotion, development of MVL's own blockchain, maintenance, DApp support and more. Coins wil also be reserved forMVL_ teammates who have been in the company for the past six years and other investors and advisers.
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