MVL

Halal Rating :
Comfortable
Last Price $0.01 Last updated:
Rank 331
1D Change 0.32 %
Market Cap $153.69m
Circulating supply 24,802,958,863
Maximum supply 30,000,000,000

Crypto Overview

Categories
  • Ethereum Ecosystem
  • Binance Chain

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.

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.

Justification for our Halal Rating