MileVerse PriceMVC

What is MileVerse (MVC)?

MileVerse (MVC) is an Ethereum-based cryptocurrency that powers a mileage exchange and integration payment platform. The project applies blockchain technology to build an integrated mileage ecosystem designed to benefit corporations, users, and franchise stores alike. By combining React Native and Smart Contract technology, MileVerse aims to create a safe and efficient mileage ecosystem where scattered loyalty points can be consolidated and used like cash. The platform operates on a dual-token model consisting of MVC and MVP tokens, with MVC serving as the ERC20 token issued on the Ethereum blockchain. A total of 3 billion MVC coins have been issued, and the token has a circulating supply of approximately 2.76 billion MVC, representing about 92% of the total supply. MVC is traded on several cryptocurrency exchanges; check a live price page for current markets and pairs.

Key Specifications & Tokenomics

• Name: MileVerse
• Ticker / Symbol: MVC
• Blockchain / Platform: Ethereum
• Token Standard: ERC20
• Smart Contract Address: 0x581911b360B6eB3a14eF295a83a91DC2bCE2D6f7
• Decimals: 18
• Industry / Category: Payment
• Total Supply: 3,000,000,000 MVC
• Max Supply: 3,000,000,000 MVC
• Circulating Supply: 2,761,029,999.334 MVC
• Launch Date: November 17, 2020
• Official Website: https://mileverse.com/
• Partnership Inquiries: [email protected]
• Customer Center: [email protected]
• Operating Hours: 10:00–17:00 on weekdays

Who created MileVerse?

MileVerse is an app service created by TRUSTCHAIN Inc., a company registered in Seoul (business registration number 746-87-01620). MileVerse is operated by TRUSTCHAIN Inc., based in Seoul at 3rd floor, 24, Donggyo-ro 12an-gil, Mapo-gu. The project is led by CEO William Jung, also known as Jinhyung Jung. The project launched in November 2020 and has since been developed as a mileage integration platform. The team operates during standard business hours on weekdays and can be reached via the official email addresses provided on the project website. A team interview with core members was published on Medium on October 15, 2020, providing background on the project's founding team. The project maintains an official website that includes access to the white paper and other key documentation for interested parties.

How does MileVerse work?

MileVerse operates on a dual-token ecosystem comprising MVC tokens and MVP tokens. MVC is an ERC20 token that can be exchanged for MVP, the platform's point token. MVP is issued from a database rather than as an ERC20 token: an ERC20 design was planned but was not suitable for the approval and confirmation of payment and remittance transactions. Each MVP is valued at KRW 1 with no limit on the amount of issuance. The platform is structured with a five-layer architecture, where each layer contains modules and systems for operating the MileVerse platform. Users can check scattered mileage and exchange it for MVP, integrating mileage into a single usable format. Franchise stores and users can conduct payments using MileVerse barcodes linked with VAN providers. After payment through POS terminals, MVP is deducted and payment is processed via API linkage with VAN providers, with settlement for franchisees handled through networking with VAN providers. The MileVerse app supports corporate mileage exchange, barcode/QR payments, gifticon purchases, merchant settlement, biometric authentication, and PIN-based dual security.

What makes MileVerse unique and valuable?

MileVerse distinguishes itself through its dual-token structure. According to the project, the dual-token structure is intended to support price stability and faster transactions; this is a design goal, not a guarantee. The platform addresses a real-world problem: the fragmentation of mileage and loyalty points across different services. By allowing users to integrate scattered mileage into MVP and use it like cash at various franchisees without restrictions on usage locations or expiration dates, MileVerse offers practical utility. The integration with VAN providers enables seamless payments at franchise stores, creating a bridge between blockchain-based assets and traditional payment infrastructure. The project's focus on real-world payment applications and its business registration number 746-87-01620 indicate an operational business entity behind the platform.

What is MileVerse used for?

MVC tokens serve multiple purposes within the MileVerse ecosystem. Primarily, MVC functions as a means of reward participation, providing rewards to users who retain MVC tokens. MVC can also be exchanged for MVP, the platform's point token, which is used for payments to purchase products on the platform and to pay for advertisements, such as banner ads. MVP tokens are designed to be used like cash at various franchisees, with no restrictions on expiration dates or payment terms. The platform supports payments through MileVerse barcodes when using franchisees by linking with VAN providers. After payment with POS terminals, MVP is deducted and payment is made via API linkage with VAN providers. Settlement for franchisees is processed through networking with VAN providers, completing the payment cycle.

How Is the MileVerse ecosystem developing?

The MileVerse ecosystem has been developing since its launch in 2020. MVC was listed on Coinone in October 2020 and on Bithumb in January and March 2021, with BTC and KRW pairs, marking its early exchange presence. The project maintains an active website and provides access to its white paper, source code, and blockchain explorers. The platform continues to develop its mileage integration and payment services, with a focus on expanding franchise store partnerships and enhancing the utility of both MVC and MVP tokens within the ecosystem.

How to mine MileVerse?

MileVerse (MVC) is an ERC20 asset token issued on Ethereum with a fixed total of 3 billion. It is not produced by mining. Holders can earn rewards through the platform's reward-participation function. Users can also exchange MVP tokens for MVC, allowing them to convert their platform points into the tradable cryptocurrency. MVC is not produced by mining or staking; it is an ERC20 asset token whose supply is fixed at 3 billion, and holders can earn rewards through the platform's reward-participation function.

How to keep your MileVerse Coin safe?

Keeping your MileVerse (MVC) coins safe requires following standard cryptocurrency security practices. Since MVC is an ERC20 token on the Ethereum blockchain, it can be stored in compatible wallets that support ERC20 tokens, including hardware wallets, software wallets, and mobile wallets. Always ensure you are using the official smart contract address 0x581911b360B6eB3a14eF295a83a91DC2bCE2D6f7 when interacting with the token to avoid phishing attempts or counterfeit tokens. Never share your private keys or seed phrases with anyone, and consider using a hardware wallet for long-term storage. For additional security, enable two-factor authentication on any exchange accounts where you hold MVC, and verify all transaction details before confirming any transfers. Regularly update your wallet software and stay informed about official announcements from the MileVerse team through their website and official communication channels. MileVerse has a CertiK rating of 3.5; the score should be read alongside the underlying audit report, not as a standalone safety guarantee.

MileVerse involves risks that readers should weigh. The price of MVC fluctuates with the market, and the value of holdings can rise or fall. Regulatory policies for cryptocurrencies vary by jurisdiction and may change, affecting how the token can be used or traded. Technical risks also apply, including smart contract vulnerabilities and the security of wallets and exchanges. The points above are not guarantees of performance and should not be read as investment advice.

For informational purposes only; not investment advice.