MVL PriceMVL

What is MVL (MVL)?

MVL, short for Mobility Value Lab, is a blockchain-based mobility ecosystem built on the Ethereum platform as an ERC-20 token. The project merges mobility services with blockchain technology to create a transparent data economy where participants share in the value of the data they generate. MVL records mobility data within a Decentralized Physical Mobility Infrastructure Network, covering vehicles, batteries, charging stations, and ride-sharing services. The ecosystem includes the TADA ride-sharing service, the Clutch wallet, a bridge and staking platform, and various community channels. With a maximum supply of 30 billion MVL tokens and approximately 27.8 billion in circulation, MVL is positioned as a foundational infrastructure layer for mobility data exchange in Southeast Asia and beyond.

Key Specifications & Tokenomics

• Name: MVL
• Full Name: Mobility Value Lab
• Ticker / Symbol: MVL
• Blockchain / Platform: Ethereum (ERC-20)
• Contract Address (Ethereum): 0xa849eaae994fb86afa73382e9bd88c2b6b18dc71
• Block Explorer: etherscan.io
• Category: DePIN, IoT, DWF Labs Portfolio
• Start Date: 2018-07-27
• Total Supply: 30,000,000,000 MVL
• Max Supply: 30,000,000,000 MVL
• Circulating Supply: 27,802,958,863 MVL
• % of Max Mined: 92.7%
• CertiK Rating: 4.1 (with audits)
• Official Website: https://mvlchain.io/
• Whitepaper: https://docs.mvlchain.io/

Who created MVL?

MVL was founded in 2018 by Kay Kyeongsik Woo (also written as Kyungsik Woo), who serves as CEO. Some third-party overviews list Jaehwa Han and Brock Pierce as co-founders; this has not been confirmed by the project's official materials. Under this leadership, MVL has grown into a blockchain mobility company overseeing the TADA ride-sharing service and expanding across Southeast Asia. The team maintains an active presence through its Medium blog, LinkedIn, and a dedicated media contact channel. The company is based in Singapore and, per Built In, has around 220 employees.

How does MVL work?

MVL operates on the Ethereum blockchain, a decentralized ledger where data is distributed across a network of nodes. Each node holds a copy of the entire blockchain, ensuring that no single entity can alter records without consensus from the majority of the network. This architecture provides data integrity and transparency for all mobility-related transactions. Within the MVL ecosystem, mobility data from vehicles, batteries, charging stations, and ride-sharing services is recorded on-chain through the Decentralized Physical Mobility Infrastructure Network. MVL is currently an ERC-20 token deployed on Ethereum; its own Layer 1 mainnet is still in development, and once launched it will migrate MVL to AMB and include a token rebrand. Smart contracts on Ethereum currently power the ERC-20 token and its associated bridge and staking functions.

The MVL ecosystem has three core components: MVL Bridge, which lets MVL tokens move between Ethereum (ERC-20) and BNB Chain (BEP-20); MVL Treasury, a funding pool whose sources and expenditures are disclosed on-chain and used as incentives for ecosystem participants; and MVL Blockchain, the protocol on which all MVL mobility services are built.

What makes MVL unique and valuable?

MVL distinguishes itself by directly connecting blockchain infrastructure to real-world mobility services. Rather than functioning solely as a digital asset, MVL underpins an operational ecosystem that includes the TADA ride-sharing platform and the Clutch wallet. TADA operates in Singapore, Vietnam, Thailand, and Cambodia, and MVL intends to extend its reach across Asia, including South Korea, Hong Kong, and Japan. By recording mobility data on a decentralized network, MVL aims to share the value of that data with all participants, including drivers, service providers, and insurance agents. The planned migration to a dedicated Layer 1 blockchain and the planned token rebrand to AMB further signal the project's ambition to scale its infrastructure and service offerings. MVL has undergone audits (per CertiK); readers should review the audit reports directly on CertiK's platform.

What is MVL used for?

MVL serves multiple functions within its ecosystem. It is the native token used to facilitate transactions and data exchange across the mobility network. Participants can use MVL for staking through the platform's dedicated staking interface, and the token powers the bridge that connects different components of the ecosystem. MVL Bridge supports moving the token between ERC-20 and BEP-20. Participants who record mobility data on-chain are rewarded with MVL Points, which can be converted into MVL tokens. Beyond these technical uses, the token underpins the economic incentives that reward users for contributing mobility data and participating in services like TADA. MVL is listed on several exchanges, including Upbit, Binance DEX, Liquid, MEXC, and Gate.io (since March 2024).

How Is the MVL ecosystem developing?

The MVL ecosystem is expanding on several fronts. The project oversees the TADA ride-sharing service. TADA currently provides commission-free ride-hailing services in four countries — Singapore, Vietnam, Thailand, and Cambodia. According to a LinkedIn post by the project's CEO, MVL has signaled an expansion to New York City with blockchain-powered mobility solutions. The team is actively developing its own Layer 1 blockchain, with a planned mainnet launch that will transition MVL to AMB alongside a token rebrand. The project has announced a planned migration to its own Layer 1 blockchain and a token rebrand to AMB. The ecosystem includes a homepage, bridge and staking platform, Telegram and Facebook communities, and the Clutch wallet. MVL has engaged in business with corporations, and its whitepaper was last updated in 2024 to reflect the project's evolving technology stack.

How to mine MVL?

MVL is an ERC-20 token on the Ethereum network and is not mined through traditional proof-of-work methods. Instead, participants can acquire MVL through staking on the project's dedicated staking platform or by earning it through ecosystem services such as the TADA ride-sharing application. Participants who record mobility data on-chain are rewarded with MVL Points, which can be converted into MVL tokens. MVL updated its whitepaper (v1.1) and "one paper," clarifying the Mining Pool in its infographic. As MVL transitions toward its own Layer 1 blockchain, the mechanism for token generation and rewards may evolve. Holding MVL in a compatible wallet and participating in staking are the primary ways users can engage with the token economy beyond purchasing on exchanges.

How to keep your MVL Coin safe?

Securing MVL tokens begins with using a reputable wallet that supports ERC-20 assets. The Clutch wallet, developed within the MVL ecosystem, is a natural choice for managing MVL alongside other ecosystem activities. For broader compatibility, standard Ethereum wallets that support ERC-20 tokens can also store MVL. Always verify the official contract address when adding the token to any wallet to avoid counterfeit assets. Store private keys and seed phrases offline in a secure location, and never share them with anyone. When interacting with staking or bridge platforms, ensure you are using official URLs from the MVL website. Keeping software and wallet applications updated provides additional protection against known vulnerabilities. As with any cryptocurrency, the market is highly volatile, and users should exercise caution and conduct their own research.