MVL
Crypto Overview
Overview
MVL (Mass Vehicle Ledger) is a blockchain-based ecosystem designed for the transportation and mobility sector. The project aims to create a decentralized platform that connects various mobility services while collecting and storing vehicle-related data.
Intended Utility
The MVL token serves as the native cryptocurrency of the MVL ecosystem, primarily used for: Rewarding users who share vehicle and driving data, Facilitating payments within the ecosystem, Incentivizing good driving behavior and vehicle maintenance, Governance participation in the MVL DAO.
Actual Implementation
MVL has achieved significant real-world adoption through: Integration with TADA, a ride-hailing service operating in Southeast Asia with over 100,000 drivers, Partnership with major automotive companies for vehicle data collection, Active use in mobility-related services across Singapore, Vietnam, and Cambodia.
Token Distribution and Development
The token distribution appears relatively balanced, with: 40% allocated to ecosystem development, 30% to the foundation reserve, 20% to the team and advisors (with vesting periods), 10% from token sales. The development team maintains regular updates and has a transparent roadmap focused on expanding mobility services.
Revenue Model
The project generates revenue through legitimate business activities: Transaction fees from mobility services, Data monetization with user consent, Partnership programs with automotive companies, Integration fees from third-party service providers.
Crypto Impact
To assign a comfort level investing in MVL from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to MVL.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.